What is $NEO
NEO is a digital currency and an open-source blockchain platform, known as the "Chinese Ethereum" due to its ability to run smart contracts and decentralized applications (DApps). It was launched in 2014 under the name Antshares and was rebranded to NEO in 2017.
Features of NEO:
1. Speed: Up to 10,000 transactions per second thanks to the dBFT consensus mechanism.
2. Easy programming: Supports popular languages like Java and Python, making it easier for developers to create smart contracts without learning new languages.
3. Dual currency system:
- NEO: Used for governance and participation in voting.
- GAS: Used to pay transaction fees and run smart contracts.
Uses:
- Creating digital assets and electronic identities compliant with regulations like KYC and AML.
- Supporting the smart economy by unifying digital assets and smart contracts.
Quick facts:
- Current price: ~6.03 USD (as of 2025 data).
- Maximum supply: 100 million units.
NEO is a strong option for developers and investors, especially in Asia, thanks to its government support and advanced technology. 🚀
