The efforts of Neko LLC’s blockchain development team are primarily directed at the creation of decentralized technology products. The objective of the team is to establish a new benchmark in the DeFi industry by providing customers and businesses with an approach to interacting with virtual currency that is both straightforward and lower risk.

A non-custodial software wallet (NekoMask), a non-custodial hardware wallet (The Neko), as well as security audits and testing (NekoGuard), are just a few of the efforts that the firm has made toward the brighter future that we anticipate in the DeFi sector.

The developers of the Neko Token were successful in achieving their aim of riches and good fortune for every investor by using deflationary tokenomics. Token holders that stake their tokens will get incentives based on the number of tokens staked, expressed as a percentage of the overall staking pool. This can result in a passive income for those who stake their tokens.

Further, Neko token is also exclusively available on Ethereum’s ERC20 network; other networks are not supported. In addition, the team seeks pleasure, riches, security, and innovation for its users. This is the start of a wider industrial transformation ecosystem that will become standard.

The firm will make both a hardware wallet and a software wallet. Both will have the latest security features to keep investors’ money safe both online and offline.

What’s So Special About The Neko Hardware Wallet?

It is practically impossible for hackers or bad actors to steal an investor’s funds when they use a hardware wallet. This is due to the fact that all tokens and NFTs are stored in cold storage.

In order to access your assets, hardware wallets often need a USB port, a cable, or some other physical connection. Because of this, rapid transactions are not feasible.

True innovation is provided by the Neko Wallet, which offers capabilities that are not currently accessible on the market. When it comes to ease and security, the Neko Wallet offers the best of both worlds.

NekoMask is a Non-Custodial Software Wallet

In order to prevent fraudulent transactions and eliminate any unnecessary third-party access, NekoMask has implemented two-factor authentication (2FA) to its software wallet. Some of the other features include a quick disconnect, the ability to hide wallets you don’t want to see, and different gas modes.

Pre-configured changeable gas modes have been included in the NekoMask software wallet, letting users choose their preferred network costs before making a transaction. This feature could be very helpful for people who invest in new coin launches or NFT minting events.

NekoGuard Provides Auditing Services for Projects

NekoGuard became a symbol of true decentralization because it came up with a new way for projects to manage risk and protect DeFi investors at a fraction of the cost of more centralized options.

This service is part of an auditing package for projects as a whole. It includes automatic smart contract auditing, human code reviews done by a team of DeFi security experts, and brand evaluations of DeFi projects.

NekoGuard will be able to keep up with DeFi because of its innovative way of doing targeted evaluations and fast feedback between projects and analysts. It will be able to do this at the speed needed to keep up with DeFi.

Coda Segment On the Neko Project

Applications for NekoMask affiliate projects are now being accepted by the Neko team. Twelve associate communities with nearly 50,000 members have recently joined Neko as affiliates. Each affiliate brings the cause to a new audience, increasing awareness and participation. There are already over 1,500 people that own Neko, and it continues to grow and thrive.

As the Neko software and hardware wallets are nearing completion, Neko will provide the option to stake tokens, which can generate passive income for token holders that stake them.