NEO
NEO Rank #212
Layer 1Smart Contract Platform
₹215.04
▼ 2.25%
24h
Market Cap
₹15,166,912,260
24h Volume
₹5,652,833
All-Time High
₹18,963.14
All-Time Low
₹7.49
Circ. Supply
70,530,000
Fully Diluted
—
Price Chart
24h Price Range
INR
₹207.50
₹220.00
Overview
About NEO
NEO is a blockchain platform from China designed to support smart contracts and digital identity, often described as an early competitor to Ethereum with a focus on regulatory-friendly design. Its token is NEO.
NEO was founded by Da Hongfei and Erik Zhang, launching in China in 2014 originally as AntShares before rebranding to NEO in 2017. It was one of the first smart contract platforms to emerge from Asia and was often referred to in its early years as China's Ethereum.
NEO uses a delegated Byzantine fault tolerant consensus, where a set of elected bookkeeping nodes validate transactions, aiming for fast finality suited to enterprise use. Uniquely, NEO supports smart contracts written in mainstream languages like C# and Java, rather than requiring developers to learn a blockchain-specific language.
Holding NEO generates GAS, a separate token used to pay for transactions and computation on the network, similar in concept to VeChain's two-token model. NEO also carries voting rights, letting holders participate in electing the network's consensus nodes and shaping protocol governance.
Key Facts
Market Rank#212
Launched2016-10-17
Circulating70,530,000 NEO
SymbolNEO
