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Neo is a Chinese blockchain platform designed to provide a distributed network for the smart economy. Formerly known as Antshares and often referred to as China's Ethereum, Neo enables the development of digital assets and smart contracts.
The Neo platform has a wide range of use-cases, including the following:
Through the use of smart contracts, traditional assets can be turned into digital ones and securely stored on the blockchain. Neo will enable the creation of digital identities for individuals and organisations. These identities will only be accessible via multi-factor authentication. Neo supports the creation of smart contracts using a number of different code languages, including Java, C#, Kotlin and more. Neo will support the creation of decentralised applications, such as decentralised exchanges and legal smart contracts. The Neo ecosystem has 2 tokens, NEO and GAS.
NEO tokens are used to secure the network and validate transactions. GAS tokens are used to pay for transaction fees when sending/receiving money or deploying smart contracts on the network.
NEO (NEO) is the 83rd largest cryptocurrency in the world by market cap, valued at $759,197,556. The current price of NEO is $15.4011, which is -0.129% lower than yesterday. Prices have ranged between $15.9874 and $14.8434 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 18, 2022 07:05 UTC.
| Coin symbol | NEO |
|---|---|
| Coin Marketcap | AUD$759,197,556 |
| Total NEO supply | 100,000,000 |
| Circulating NEO | 70,530,000 |
| Current price | AUD$15.4011 |
| All time high | AUD$405.6624 |
| All time high date | October 21, 2016 |
| Notable team members | Da Hongfei, Erik Zhang |
| Partnerships | Suterusu, vEmpire |
| Industry | Blockchain platform |
| Token uses | Governance |
| Network | Neo |
Historical prices compared with the price of $15.4011.
| 1 hour | -1.37% |
|---|---|
| 24 hours | -0.13% |
| 7 days | -1.21% |
| 14 days | -1.18% |
| 30 days | -22.29% |
|---|---|
| 60 days | -38.76% |
| 200 days | -47.63% |
| 1 year | -48.97% |
Disclaimer: Cryptocurrencies, including NEO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NEO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the NEO or any other cryptocurrency discussed.
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