Neo is gearing towards etherium slot and occupy it's position, but being a Chinese etherium it do have demerits of its own like:- 1) no support from government which bans ico 2) having neogas as byproduct which is going to be a big fincial regulatory issue who don't pay taxes on Capital gains , so let's wait and see how far it goes
Neo is global platform so not only for China and you see still if China ban ICO, Neo have many Ico like Redpulse, Deepbrain, Thekey, Trinity,...
About second point, this problem can be for every POS coin, many coins in top 100 are staking coins even ETH will be soon. So will be problem for half crypto tokens-coins.