#106 rank
Neo

Neo neo

Neo Price in USD

$11.33

-0.41%

0.003 ETH

0 BTC

Price Change

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MAX

Neo Price Statistics

Current Price

$11.33

Fully Diluted MarketCap

$1,621,052,395

Total Volume

21,316,607

Total Supply

100,000,000

Circulating Supply

70,530,000

What is Neo?

NEO is, called the "Chinese Ethereum," is China's first open-source blockchain platform developed to facilitate the easy construction of a digital economy complete with digital identities, assets, contracts, and payments. NEO aims to compete with Ethereum and other projects that position themselves as developer-friendly decentralized protocols to launch a strong foundation for a future digitized "smart" economy. NEO also aims to implement features like quantum-computing resistance and inter-chain operability for the most competitive distributed "smart economy" network

The Team Behind Neo

The co-founders of Neo protocol are Da Hongfei and Erik Zhang. Erik Zhang was the author of the Delegated Byzantine Fault Tolerance algorithm, which aims to deter untrustworthy participants from participating in the blockchain’s operation. Da Hongfei aims to promote the blockchain’s adoption along with Zhang

Top Value Drivers For Neo

The main reasons to invest in Neo include: - By making use of concepts called concurrency and sharding, NEO can process at least 10,000 transactions per second compared to the 15 transactions Ethereum can handle - Neo blockchain has two native tokens: NEO and GAS. While NEO serves as an investment token, GAS is used to pay fees for the transactions being completed on the network. - The consensus method that NEO uses is Delegated Byzantine Fault Tolerance which can prevent code forks. - NEO claims to be quantum computer proof

FAQs

The current price of Neo is USD 11.33.

The total supply of Neo is 100,000,000 and circulating supply of Neo is 70,530,000

The trading volume of Neo is 21,316,607 in the last 24 hours.