🦄I. Basic information

• Date of establishment: Founded as Antshares in 2014, renamed Neo in 2017.

• Founders: Da Hongfei and Erik Zhang.

• Network launch: Mainnet went live on October 17, 2016.

II. Initial capital:

• Seed Round: $4.60M (August 2016)

• ICO: $4.50M (September 2016)

• Current team:

• Da Hongfei (Co-founder)

• Xu Yiji (Co-founder)

• Rendong Liu (Head of Development)

• Website: neo.org

Token Symbol: NEO (network governance), GAS (used to pay transaction fees)

• Market Cap: ~$419.97M (as of last update)

• Current NEO price: ~$5.95

NEO

🦄3. Core products

• Public, open-source, community-driven blockchain platform.

• Infrastructure for digital asset digitization, decentralized applications (dApps), decentralized storage, oracles and domain name services.

• Dual token system (NEO for governance, GAS for usage).

• Multi-language smart contract support (C#, Python, Java, Go, TypeScript).

• BFT-style consensus mechanism (dBFT)

II. Technology analysis

Technological innovation

• Delegated Byzantine Fault Tolerance (dBFT):

  1. • Provides fast finality, high throughput and strong security.

  2. • Designed by co-founder Erik Zhang.

• Dual Token Model:

  1. • NEO acts as a governance token (voting, protocol changes).

  2. • GAS is generated by holding NEO and is used to pay network fees.

• Smart Contract Platform:

  1. • Supports popular programming languages, lowering the barrier to entry for developers.

  2. • NeoContract enables fast, secure automation of a wide range of real-world services and products.

• Original infrastructure:

  1. • Decentralized storage, built-in oracle and DNS services.

• Neo N3 Upgrade:

  1. • Most recent major network upgrade (not backwards compatible but easy to migrate).

  2. • Improved modular architecture, higher performance, more flexible economic and governance models.

  3. • Advanced support for DeFi, NFTs, and next-gen Web3 use cases.

NEO 2

IV. Practical use cases

+Digital assets:

• Enables digitization and peer-to-peer transfer of physical/digital assets.

+ Smart economy:

• Integrate digital payments, assets and digital identity into a unified platform.

+Business application:

• Partnerships and subsidies to encourage enterprise and government use cases, especially in China and Asia.

+DeFi & NFT:

• Actively building an EVM compatible sidechain to expand compatibility with Ethereum's DeFi and NFT ecosystem.

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V. Partnerships & Ecosystem

+Developer community:

• Large, global, and dynamic, with regular hackathons and funding opportunities (notably the $100M ecosystem fund announced for Neo3/N3).

+Strategic partnership:

• Partner with blockchain solution providers, exchanges and Asian technology companies.

+Competitive position:

• Aim to become a leading "smart economy" blockchain in the Asia-Pacific region.

+Comparison projects:

• Competitors include Ethereum (global smart contract leader), Oasis Network, Conflux, Nervos Network (China's Layer1/DeFi focused), Chiliz, etc.

VI. Market analysis

Industry Background

  1. • Industry: Smart contract platform, Layer1 blockchain, digital asset economy, DeFi, NFT.

• Target market:

  1. • Developers, enterprises, governments and end users looking for a scalable, regulatory compliant blockchain solution.

  2. • Strong focus on the Asia-Pacific region, especially China.

Market Size & Trends

• Smart Contract Platform:

  1. • A multi-billion dollar industry, led by Ethereum.

  2. • Increasing competition from regional Layer1s (Conflux, Nervos, Oasis Network) and global chains (Solana, Avalanche, etc.).

• The Growth of DeFi & NFTs:

  1. • EVM integration and DeFi/NFT support position Neo to participate in these high growth sectors.

• Regulatory trends:

  1. • China's regulatory clarity on blockchain (not cryptocurrency trading) is seen as a potential favorable factor for Neo.

• Application trends:

  1. • Growing developer and partner ecosystem, with interest from organizations and businesses.

Growth Potential, Opportunities & Constraints

• Growth potential:

  1. • High, if Neo can capture more of the Asian developer and enterprise market.

  2. • $100M ecosystem fund and EVM sidechain could accelerate adoption.

• Trend:

  1. • Growing demand for developer-friendly, scalable, and regulatory-compliant blockchains.

  2. • Interoperability with Ethereum and other chains is a major focus.

• Constraints:

  1. • Fierce competition in the Layer1 space.

  2. • Historical price volatility and long-term downtrend since 2018 ATH (~$196.85).

  3. • Not as globally prominent as Ethereum or Solana.

Competitive Analysis

• Main competitors:

  1. • Ethereum: The dominant global smart contract platform.

  2. • Oasis Network, Nervos, Conflux: Strong focus on China market and Layer1 innovation.

• Neo's continuing differentiation:

  1. • Dual token model, dBFT consensus, active participation in regulation, strong infrastructure and enterprise orientation.

VI. Price Performance & Outlook

• Historical price:

  1. • All-time high: $196.85 (January 2018).

  2. • All-time low: $0.07229.

  3. • Recent Price (July 2025): ~$5.95. Market Cap near $420M.

• Recent techniques:

  1. • Test the long-term downtrend line of a descending triangle (bearish structure).

  2. • Short-term support and resistance levels are being retested on moderate volume.

• Future prospects:

  1. • 2025 forecast ranges widely ($1-$100) depending on adoption and ecosystem growth.

  2. • Forecast 2030+ (speculative): Could reach significant heights with widespread adoption, but faces strong competition.

$NEO

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