Mar 21, 2018 - 10:49:07 AM UTC
Value and price movement of NEO is different in USD and BTC markets.
Price has moved 9.52% (USD) or 2.44% (BTC) in the last 24h.
Market Cap Rank: 8. of 1000+
NEO trading volume was 216,481,000 USD in the last 24h with circulating supply of 65,000,000 NEO.
NEO (NEO) Price graph
NEO (NEO) price in fiat
About NEO (NEO)
NEO, formerly Antshares, is China’s first ever open source blockchain. Founded in 2014, They say NEO’s mission has been to reinvent the way commerce is done. Motivated by this, NEO has been created to shift our traditional economy into the new era of the Smart Economy.
The founder on Neo Da Hongfei and their developers highlighted the strengths of their advanced smart contract code, which will support decentralized commerce, digital identities and the digitization of many different assets. This rebranding of Antshares represented a new direction for the development of China’s blockchain community.
NEO is China’s answer to Ethereum. It functions similarly, but has slight differences
NEO launched their SmartContract platform — dubbed NEO 2.0. However, unlike Ethereum, which uses its own programming language, Solidity, NEO supports traditional programming languages. It means that NEO is far more open to developers, as they won’t need to learn a new coding language. Something NEO hopes will give it a competitive advantage.
NEO 2.0 also introduced new features, such as cross-chain protocol, quantum-resistant cryptography, a distributed storage protocol and a secure communication protocol.
Neo developers hope the platform can be used for different front end scenarios, such as the Digital asset wallet, Forum, Voting, Profile management and Mobile applications. It also features an open API that can be used for integration with other systems.
From the looks,NEO has built up some strong momentum going forward. They have one the top blockchain development teams in all of China, with a lot founding to support their needs and a growing list of partners now aligning by their side. While it may take some time to steal the spotlight from Ethereum, we are sure to see more good work from this platform and their developers.
NEO originates from an ancient Greek prefix, meaning ‘new’, ‘modern’, and ‘young’.