Neo (NEO)

Neo (NEO)

Rank #67

$10.42

3.51%

0.0003 BTC

NEO
USD

MARKET CAP

$735.228 M

ALL TIME HIGH

$196.85

VOLUME 24H

$78.783 M

CIRC. SUPPLY

70.539 M

VOL/MCAP

11.00%

TOTAL SUPPLY

100 M

DILUTED MCAP

1.044 B

MAX SUPPLY

100 M

1H USD

-0.83%

24H USD

3.51%

7D USD

1.18%

30D USD

-52.15%

60D USD

-53.87%

90D USD

-59.66%

Tag:

platformenterprise-solutionssmart-contractsView all

Neo Price Chart

24h Change

3.51 %

Neo - NEO Profiles

Overview & History

NEO aims to build a comprehensive "smart economy" by incorporating digital assets, digital identities, and smart contracts.

History

NEO, originally named Antshares and sometimes called the "Chinese Ethereum", is China's first open-source blockchain platform developed to facilitate the easy construction of a digital economy complete with digital identities, assets, contracts, and payments. Founders Da Hongfei and Erik Zhang aim to offer a more-easily scalable, versatile platform that supports a panoply of programming languages, which are compiled in a secure executable environment called NEO Virtual Machine (NeoVM).

NEO aims to compete with Ethereum and other projects that position themselves as developer-friendly decentralized protocols to launch a strong foundation for a future digitized "smart" economy. NEO also aims to implement features like quantum-computing resistance and inter-chain operability for the most competitive a distributed "smart economy" network.

 

What Is Neo (NEO)?

Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.

Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.

As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.

It’s often been likened to the Chinese version of the Ethereum network.

 

Who Are the Founders of Neo?

The co-founders of Neo, and its predecessor Antshares, are Da Hongfei and Erik Zhang. Both serve as chairmen of the Neo Foundation, which aims to promote the blockchain’s adoption.

Da Hongfei has said that, although the internet is a great invention, it has many flaws — and this means that everyday consumers don’t always have control over their own data. The entrepreneur believes blockchain applications will eventually go mainstream.

Erik Zhang was the author of the Delegated $2 algorithm, which aims to deter untrustworthy participants from taking part in the blockchain’s operation. This technology went on to be used in the Neo blockchain. He also served as the core developer for this network, and is playing an instrumental role in the development of Neo 3.0, the next iteration of the project’s infrastructure.

 

What Makes Neo Unique?

One of the unique selling points of the Neo blockchain concerns its continuous development, which helps ensure that it is futureproof and able to cope with sudden increases in demand. As mentioned earlier, the project has developed Neo 3.0 — enhancing network security and allowing a greater number of transactions per second to be processed.

Unlike many other blockchains, this network also has two native tokens: NEO and GAS. While NEO serves as an investment token and allows people to participate in votes concerning improvements to the blockchain, GAS is used to pay fees for the transactions that are being completed on the network.

Few other blockchain projects also run a development fund to the extent that Neo does. EcoBoost launched back in 2019, and it was billed as an initiative that provides “full life-cycle support for high-potential projects” — including grants, technical support and promotion on social media.

 

Neo Price Live Data

NEO Price

$10.42

Trading Volume

$78.78 M

All Time High

$196.85

1hour Change

-0.83%

24hours Change

3.51%

24hours Range

3.81%

24hours Low

$23.07

24hours High

$24.02

Liquidity ±2%

$1,827,379.82 B

Bids -2%

$18.27 M

Asks +2%

$24.43 M

Market Cap

$735.23 M

Fully Diluted Market Cap

1.04 B

Circulating Supply

70.54 M

Total Supply

100.00 M

Max Supply

100.00 M

Neo Markets

See All Market
wait

Sorry, we don’t have this data yet.

But our scientists are working like crazy to get it.

People Also Watch

Ethereum
$2,003.31
1.91%
chart
Tether
$1
0.02%
chart
USD Coin
$1.00
0.02%
chart
BNB
$305.00
3.91%
chart
XRP
$0.418086
1.99%
chart

Latest News

Be the first to know about Crypto news everyday

Get crypto analysis, news and updates right to your inbox! Sign up here so you don't miss a single newsletter.
people
iosandroid
© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands (BVI). Email us: [email protected]