After Kik, yet another project has decided to move both it's token sale and platform from Ethereum to NEO.
Narrative is a blockchain-based social media platform that distributes 85% of all revenue to content creators and moderators who participate on Narrative. It describes itself as a “mashup between Medium, Instagram and Twitter". It has it's own token, the Narrative token (NRV) , and an ongoing private pre-sale and a coming ICO next month.
You can check it's website for more details: https://www.narrative.network/
In a Medium post, the team behind the project details why they decided to leave Ethereum for NEO.
I think that Ethereum supporters should take more notice about this kind off actions. As I said above, this is not a unique case and it's not something that should be taken lightly.
Serious businesses and developers are not stupid. When they want to build a sustainable and profitable project they will look for the best platform out there that can help them achieve their goals.
Well said in the same Medium post.
If Ethereum 'dies off' as a platform it will do so on it's own merit, because it failed to adapt to what happened in the blockchain market.