NEO Price
NEO
How Much is 1 NEO (NEO)
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Last Updated on Dec 29, 2025 11:33 PM
What is NEO?
About the coin
NEO, formerly known as Antshares, is China's first open-source blockchain platform, founded in 2014. It is often referred to as the 'Ethereum of China' due to its similar functionality in enabling smart contracts and decentralized applications. NEO's primary goal is to digitize assets using blockchain technology and digital identity, creating a 'smart economy'.
Main features
NEO's platform allows for the digitization of tangible assets such as real estate, company shares, and fiat money, enabling them to be traded on the NEO network. This digitization process is supported by a digital identity system that integrates the platform with the real-world economy. The system uses multi-layered authentication models, including facial and voice recognition, as well as fingerprints, to ensure secure identity verification.
How it works
NEO's smart economy approach combines digital assets, digital identity, and smart contracts. The platform's digital identity standards allow for the creation of electronic identity data for individuals, organizations, and entities. All digital assets on the NEO platform are legally protected through digital certificates on its public blockchain, ensuring trust and providing an indelible and unalterable record of all entities' holdings. NEO was developed by the Shanghai-based blockchain R&D company 'OnChain' and was funded through two crowdsales, raising a total of $5.05 million.
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NEO FAQ
- NEO is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- NEO stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- NEO represents the same asset as NEO. The ticker is simply a short label for trading and listing purposes.
- NEO has two native tokens. NEO is usedto establish ownership and management roles in the blockchain, and NEO Gas is used to pay for transactions on the blockchain. NEO defines a smart economy as one that uses smart contracts to manage and secure digital identities and assets.
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