NEOK Token is here to address long-standing problems in processing payments, so we can meet the needs of populations left out today.

The token is blockchain-powered decentralized token on the Stellar network. The NEOK project began in December 2020 and launched in January 2021. NEOK aims to facilitate across broader personal remittances; makes it possible to purchase items in our stores; pay for services internationally; receive, send and trade digital representations of all forms of money.

Remittances are sent from foreign countries to family members on a daily basis with high fees when using Money Transfers (MOT) like MoneyGram and Western Union. These additional costs are really impactful to both the sender and receiver and they can cripple businesses. Consumers are now able to use NEOK Token to facilitate MOT, purchase goods in our stores as well as pay or get paid for services.

NEOK aims to lower the cost of product MSRP internationally compared to local merchants. NEOK will enable consumers to pay the original price for items without the impact of inflation.

Only 100 Million NEOK tokens created and will forever be. NEOK Token trading pair is with Stellar Lumens (XLM) and stablecoin (USDC). USDC is the world’s leading digital dollar stablecoin. USDC is governed by Centre, a membership-based consortium that sets technical, policy and financial standards for stablecoins. XLM and USDC are regulated by financial institutions in the United States, backed by fully reserved assets, and redeemable on the current values to XLM and USDC.

The value of our reserves will always match or exceed the value of all the NEOK tokens in circulation. The value of our reserves are publicly available on the blockchain.