NEO plan is to become the digital alternative to transfer assets that are not digital. The system makes use of two different tokens, the first is also known as NEO and the second is called GAS. They have 1100 million supplies each. Both have distinctive use on NEO platform and function differently.
NEO tokens embody the possession of the NEO blockchain. NEO are used to develop blocks and run the network. When you have NEO in your wallet, you will be given GAS tokens.
GAS tokens on its own give you the liberty to access the NEO blockchain. GAS is the stimulus that energizes transactions in the NEO network.
Performance
- $38.33 (-0.21)%
- 1h-0.21%
- 24h1.41%
- 7d11.98%
- 30d53.8%
- 1y227.44%
ATH
- ATH Price$196.85
- ATH Date2018-01-15
- % since ATH-80.58%
- % to ATH5.15x
ATL
- ATL Price$0.07
- ATL Date2016-10-21
- % from ATL 528.88x
- Last Low Price$4.38746024
- Last Low Date2020-03-13
- % from Last Low 8.71x
Community
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General
- NameNEO
- SymbolNEO
- Rank#31
- MIG Rank
- Market Cap $2,703,469,060.00
- Volume $425,593,374.31
- Vol. / Market C. Ratio15.74%
- Av.Supply / Max Supply Ratio
- CentralizationSemi-centralized
- Open SourceYes
- Develpment StatusWorking product
- Proof TypeDelegated Byzantine Fault Tolerant
- PlatformNEO
Project Team
Erik Zhang (2)
Co-Founder & Core Developer
Thomas Saunders (2)
Co-founder City of Zion
David Schwartz (2)
City of Zion Developer
Ethan Fast (2)
Co-founder City of Zion
Hongfei Da (5)
Founder
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Use Cases
- NEO can be bought on lots of exchanges. Also it can be bought by other notable crypto currencies
- You start to generate GAS as you hold Neo in your wallet.
- Neo make use of smart contracts.
- You can purchase NEO and hold it in a wallet to generate GAS.
- It has no share fractions that are NEO is indivisible. In clear terms, if you want to purchase NEO, and it cost $5000, you will have to pay such an amount to own it unlike bitcoin that can be bought in satoshi and whole.
- This might be fixed later, but presently, it would require you to wait to be confirmed before you can pay for high value transactions.
Past Events
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