NEO is a blockchain platform and cryptocurrency that was created to provide a decentralized platform for the development of smart contracts and digital assets. It was first launched in 2014 as Antshares and was rebranded as NEO in 2017. NEO is often referred to as the "Ethereum of China" due to its similarities to the Ethereum blockchain.
NEO operates using a dual token system made up of NEO and GAS. NEO is used to participate in the management of the network and to vote on changes to the network, while GAS is used to pay for transaction fees and contract deployment on the network.
One of the key features of NEO is its support for multiple programming languages, including Java, C++, and Python. This makes NEO a more accessible platform for developers who may not be familiar with the Solidity programming language used by Ethereum.
NEO is also known for its partnerships with major corporations in China, including Microsoft and Alibaba. This has helped to raise the profile of the platform and increase its adoption.
As of August 2021, the price of one NEO coin is over $100 USD, with a market cap of over $7 billion USD.
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