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NEO NEO

Rank #101

$ 11.40 +5.76%

NEO Price (NEO)

NEO to USD Price Chart

NEO Statistics

Market Rank #101
Market Cap $ 804.0M
Volume 24h $ 29.7M
Circ. Supply 70.5M
Total Supply 100.0M
Max Supply ?
Genesis Date 17/10/2016

What Is the Current Price of NEO?

The current price of NEO is $ 11.40.

What Exactly Is NEO?

NEO, commonly known as the "Chinese Ethereum", is a next-generation smart economy platform that utilizes blockchain technology to digitize assets. It's a pioneering open-source blockchain project from China, launched in 2014. The project's ultimate goal is to create a decentralized, automated and transparent economic system that would use digital assets, digital identities, and smart contracts.

Who Are the Founders of NEO?

The NEO project was brought to life by the Chinese company OnChain, led by co-founders Da Hongfei and Erik Zhang. Known for their contributions to the blockchain industry, both founders envisioned a revolutionary system that brings blockchain technology closer to real-world applications.

How Does NEO Work?

NEO works by creating digital identities for entities and individuals, which are then utilized in the digitization of assets. These assets are integrated into the NEO network and are managed via smart contracts. These three factors work in unison to establish NEO's envisioned "smart economy".

What Makes NEO Unique?

Unlike most other cryptocurrencies, NEO aims to digitize physical assets and give them a blockchain-based identity. From real estate and company shares to fiat money, these assets become tradable on the NEO Network.

It also has robust digital identity systems that support facial recognition, voice recognition, and fingerprint technologies. Above all, NEO's usage of digital certificates on its public blockchain ensures that each entity's holdings are indelible and unalterable - guaranteeing trust and legal protection.

Are NEO Transactions Fast?

NEO's blockchain is powered by the Delegated Byzantine Fault Tolerant (dBFT) consensus mechanism which ensures finality in transactions and supports more transactions per second compared to many other platforms.

Who are the Top Holders of NEO?

The top holders of NEO consist of a mix of private wallets and exchange wallets. The majority of NEO's coins - which is not structuraly limited- are released and in circulation.

What is NEO's Position in the Cryptocurrency Market?

As of today, NEO's market capitalization is $ 804.0M which places it on the position #102 among all existing cryptocurrencies.

Is NEO a Good Investment?

As a copywriter, I am not allowed to provide investment advice. It's important to do thorough research before investing in any kind of asset, cryptocurrencies included.

Where Can You Buy NEO?

NEO can be purchased on DigiFinex, Tokenize, KuCoin, BTCTurk, Binance. Always make sure to use reliable and secure platforms when buying cryptocurrency.

How to Keep Your NEO Safe?

The safest way to store your NEO is in a secure wallet, preferably a hardware one, where you own the private keys. Note that NEO, like all other cryptocurrencies, is a digital asset that needs to be protected from potential threats. Always be vigilant about online security.

Where Else Can You Use NEO?

Aside from trading, NEO also offers a platform for developers to create and deploy smart contracts and decentralized applications – contributing further to the development of the "smart economy".

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