NEO

NEO (NEO)

$

Market Cap Volume Last Trade

NEO Details

Max Supply Algorithm Proof Type Launch Date Platform Website
100000000 dBFT2.0 N/A 2017-08-01 blockchain NO
Block RR Block No Network H/S Current Supply Block Reward NEO
8175510 0 100000000 0 Trade

NEO is a cryptocurrency platform that started out under the name of “Antshares”. Developed by Onchain, the platform utilizes so-called smart contracts, and it has earned the nickname “the Chinese Ethereum” in recent months.

NEO has similar functionality to that of Ethereum; it offers support for both DAPPS and ICOs. While there are undoubted similarities between NEO and Ethereum, NEO can be coded in several languages, including C/C# and JAVA. Ethereum is compatible only with its own Solidity language. Running alongside the NEO coin is “GAS” — the currency that is used by various apps on the platform. NEO owners receive their rewards as GAS, but the app currency can also be purchased separately.

The History of NEO Coin

NEO is the brainchild of Onchain, which was started in 2014. From its inception, the company has operated according to its own mission statement: “Engaged in the design, research and development of the blockchain distributed ledger system”.

In just a few years, Onchain and its NEO cryptocurrency has grown quickly. Founder and core developer Zhang Zhengwen, secretary general Tao Rongqi and co-founder Da Hongfei are the main figures behind the company’s success, but they have been supported along the way by a team of operators, contributors and developers. There are only four developers currently working on the code for NEO, including an engineer, a front-end developer and two dedicated coders.

The Technology Behind NEO

NEO is based on the use of “smart contracts” — software packages that are designed to track and automate the execution of agreements across the blockchain. When a term in a contract is satisfied, a variety of actions can be triggered, allowing the developers to create several services powered by the blockchain.

NEO developers can create smart contracts using a variety of languages, which makes the cryptocurrency particularly attractive to B2B enterprises. Companies are able to leverage smart contracts with service suppliers to automate the supply chain. There is also the potential to make large purchases — such as houses and cars — solely over the blockchain.

Rank Exchange Country Coin Types Fees Trade
1 Cayman Islands 378 Currencies including NEO 0,10% More infos
2 Cyprus 34 Currencies including NEO 0,10% > 1% More infos
3 US 107 Currencies including NEO 1,49% > 3,99% More infos
4 British Virgin Islands 150 Currencies including NEO 0,10% > 0,20% More infos

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Make NEO Coin Work for You

NEO is now one of the World’s top 50 cryptocurrencies and has a market cap in excess of about $4 billion. Onchain continues to introduce new products, which is driving the global popularity of the NEO cryptocurrency. There has never been a better time to start trading in NEO with a trusted exchange, and you can do just that with the help of Datacoinz.

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