0.22%

Market Change

$1 533 025 827 542.76

Total Market Cap

$152 636 810 806.20

Total Volume

16071

Cryptocurrencies

5 GWEI

9 GWEI

11 GWEI

Ethereum gas price

43.04%

BTC Dominance


NEO (NEO)
Neo

NEO -0.57%

24h Change

$3 201 111 002.96

Market Cap

$352 589 318.02

24h Volume

$45.34

Current Price

Tech Specs

Last historical data: 2021-01-22T08:14:04.000Z

Decimal places: 0

Algorithm: N/A

Prooftype: N/A

Country origin:

Genesis date: 2016-10-17

Liquidity score: 71.059

Publi interest score: 0.011

Community score: 49.873

Developer score: 91.351

Coingecko score: 63.694

Market cap rank: 27

Coingecko rank: 11

Alexa rank: 122930

Bing matches: 0

NEO (NEO)

NEO is a next generation smart economy platform (formerly Antshares) and China's first open source blockchain that was founded in 2014, is often known as the “Ethereum of China”.

What is NEO? NEO uses a smart economy approach to implement its distributed network concept.

Its main objective is to digitize assets using the decentralized network of blockchain technology and digital identity. Neo’s main aim is to be the distributed network for “smart economy”.

As their website states: "Digital Assets + Digital Identity + Smart Contract = Smart Economy." Neo was developed by Shanghai-based blockchain R&D company “OnChain” and funded by two crowdsales: first crowdsale on October 2015 sold 17.5 million NEO tokens for $550,000 and the second crowdsale sold the remaining 22.5 million NEO tokens for $4.5 million. So why NEO? Asset digitization and identity on the NEO platform essentially creates a novel way for asset registration, issuance, and circulation.

This means that tangible assets like real estate, company shares or even fiat money can be digitized and traded on the NEO network, thus giving rise to a whole new economy. Its digital identity system allows for integration between the platform and the real world economy.

It has custom digital identity standards that enable the creation of electronic identity data for individuals, organizations and even entities.

These electronic systems use multi-layered authentication models that include facial and voice recognition as well as fingerprints. All digital assets on the platform enjoy legal protection thanks to the use of digital certificates on its public blockchain.

This, in turn, guarantees trust as the system offers an indelible and unalterable record of all entities’ holdings.

Neo is a distributed smart economy network that utilizes blockchain technology and digital identity.

The platform allows digitizing assets and making them self-managed by using smart contracts.