How do you plan to struggle against competition from other major competitors and exchanges of this market? Do you have any unique features?
They are a community based exchange which makes them a first in this space. In addition to this, they have other unique features like daily payoffs, periodic airdrops, 50:50 revenue sharing model and 90% investor influence giving them an edge over their competitors.
Can anyone out here explain to me what is a utility token and is tokeneo token a utility token?
Yes the Tokeneo token is a utility token and will function as one too according to me
A utility token is basically a functional token that, through smart contract programming, can be utilized in many different ways. Im unaware about the utility of the Tokeneo token though.
What is the difference between a local wallet and a cloud account?
The cloud account allows you to access your funds from any computer using your username and password. The cloud account offers ease of use whereas the local wallet offers superior safety as your account can only be accessed from that particular computer.
So is the local wallet something like a hardware wallet.