NEO
Name
NEO
Summary
Neo is a community-driven open-source platform. The project aspires to take advantage of the inherent benefits of blockchain technology in order to create a future digital world
It was founded by Da Hongfei and Erik Zhang
It uses delegated Byzantine Fault Tolerance (dBFT) consensus mechanism.
Rating
Symbol
NEO
Overview
NEO, formerly known as Antshares and dubbed the "Chinese Ethereum," is China's first open-source blockchain platform designed to make building a digital economy with digital identities, assets, contracts, and payments simple. Da Hongfei and Erik Zhang, the company's founders, want to provide a more scalable, versatile platform that supports a wide range of programming languages that are compiled in a secure executable environment dubbed NEO Virtual Machine (NeoVM).
NEO intends to compete with Ethereum and other projects that promote themselves as developer-friendly decentralised protocols in order to lay the groundwork for a future digitised "smart" economy. For the most competitive distributed "smart economy" network, NEO also seeks to integrate features such as quantum-computing resistance and inter-chain operability.
Historical Price Movement (in INR)
Technology
C#, Java, C, C++, GO, JavaScript, Python, and Ruby are just a few of the languages supported by NEO's virtual machine code compiler. NeoVM is a compact, general-purpose virtual machine that can run small programmes (such as smart contracts) or be ported to non-blockchain systems.
NEO uses delegated Byzantine Fault Tolerance (dBFT) as its consensus method, which can accommodate up to 10,000 transactions per second.
Use of Native tokens in the ecosystem: Two native coins are supported by NEO: NEO and NeoGas (GAS). NEO is a payment token that also grants governance powers over the network's evolution and adjustments. GAS is a fuel token for the NEO virtual machine, which is used to run smart contracts and power NEO-based applications.
Token Sale
50%
Neo Core Developers
10%
NEO community developer
10%
NEO council
15%
Investment in other blockchain protocols
15%
Volume ( as of 2nd May 2022)
$134,277,837
Total Supply
100,000,000 NEO
Circulating Supply
70,538,831.00 NEO
Crowd Sales
29-09-2016-ICO-$5.05M
Funding
16/05/2019: Series A- $100M
Country
USA
Name of Organisation
Neo Blockchain
Year Incorporated
2014
Registered Address
8561 154th Ave NE, Ste 200, Redmond, Washington (WA), 98052-355
Dispute Resolution and Governing Law
USA
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Hongfei DA | Co-Founder | South China University of Technology: Bachelor of Arts (B.A.), Technology and English | 16 Yrs |
| Erik Zhang | Co-Founder | Shanghai University: NA | 7 Yrs |
