Neo
NEO$2.56
Market Cap
$180.21M
Volume 24h
$5.07M
Vol / Market Cap
2.82%
Rank
#74
NEO Price Chart
Neo is a smart contract blockchain often referred to as the Chinese Ethereum.
Neo is a smart contract blockchain designed to support digital assets, decentralized applications and programmable money.
Often called the "Ethereum of China," it uses a dual-token system (NEO and GAS). It aims to create a "Smart Economy" by digitizing real-world assets and automating their management through smart contracts.
Digital Asset Management: Used to pay for network fees (GAS) and for governance (NEO) in a system designed to automate the management of digital and physical assets.
Digital Asset Economy: Uses a dual-token model (NEO for governance, GAS for transactions). NEO holders "generate" GAS automatically. Used to build a "Smart Economy" by digitizing physical assets via smart contracts.
Old technology compared to newer L1s; high dependency on the Chinese regulatory landscape for growth.
