NEO is a blockchain platform that is being developed by the Shanghai-based development team of Onchain. It was previously known as Antshares and has been rebranded to NEO on 22nd June 2017.
The NEO Blockchain Platform is similar to Ethereum. NEO enables the development of smart contracts and decentralized applications (DApps) through the use of their native tokens, GAS and NEO.
While Ethereum uses Solidity for developing its DApps, NEO uses C
The NEO blockchain platform is a smart economy based on the blockchain technology. It supports decentralized commerce, identification, and digitization of different assets.
The NEO network was established in 2014 with 100 million tokens by Da Hongfei and Erik Zhang. The project was known as Antshares then but was rebranded later in order to improve its global brand awareness. NEO is dedicated to building a smart economy ecosystem that enables users to digitize assets using the blockchain technology and smart contracts.
The platform aims at creating an open-source distributed network for the digitalized smart economy through its use of digital assets, digital identity and smart contracts.
NEO has two native tokens, namely NEO and GAS. These are used for different purposes within the ecosystem. For example, GAS is used as a transaction fee while NEO is used as a governance token.
NEO is a blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications.
NEO was built with the vision of creating a “smart economy” by combining digital assets, digital identities, and smart contracts.
NEO was developed in China and was previously called Antshares.
The NEO project began in 2014 and was rebranded as NEO from Antshares in 2017. The NEO project is supported by Onchain, which is a company founded with the goal of building “decentralized networks that power the future of businesses.”
The NEO platform’s objective is to utilize blockchain technology and digital identity to digitize assets, automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.
NEO is a blockchain platform that enables the development of digital assets and smart contracts. NEO, formerly known as Antshares, was founded in 2014 and open sourced on GitHub in June 2015. Its MainNet was released in October 2016 and has been running in stable capacity for two years. NEO’s dual-token ecosystem can be used for creating dApps and ICOs. Its DNA is considered to be a combination of Ethereum and Bitcoin. The company behind the blockchain platform, Onchain, is led by Da Hongfei, who is also the founder of NEO.
What is NEO?
NEO is a blockchain which was launched in 2014. It was originally called Antshares but later rebranded to NEO in 2017. It is a non-profit, community-driven blockchain platform that supports smart contracts.
The core development team members are Da Hongfei and Erik Zhang who founded the company based in China in 2014. The founders are also the leaders of Onchain, a blockchain development company.
NEO aims to create a distributed network for smart economy where digital assets can be registered, exchanged and managed with the help of smart contracts. Smart Economy refers to the integration of digital assets, digital identities and smart contracts into one system that runs on the NEO blockchain.
NEO is a blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications. The underlying technology is inspired by the white paper of peer-to-peer network Ethereum, written by Vitalik Buterin in 2013.
The NEO project was founded in 2014 by Da Hongfei, a Chinese entrepreneur and developer. Originally named Antshares, the NEO blockchain went live in October 2016 and was China’s first ever open source blockchain.
Antshares was later rebranded as NEO in June 2017. Prior to rebranding, NEO was valued at $0.14. By August 2017, it reached an all time high of $52.18; a 37,000% increase within five months!
The NEO cryptocurrency first came to my attention through an article on the website HackerNoon. The article was titled “NEO: A Look Into The Future of Cryptocurrency” and it educated me about a new platform that was based in China and was gaining popularity in the East. I am often intrigued by new blockchain applications but I rarely take the time to learn more about them because many of them are not very credible. This time, however, NEO caught my eye because they were already working with major corporations and governments to create real-world applications for their system.
I decided to explore this new platform further and I took some time to research the history behind its development. What I discovered was a well thought out system that is designed to solve many of the problems that plague other blockchain platforms today.
The History Of NEO
NEO started as a project called AntShares in 2014. It was co-founded by Da Hongfei and Erik Zhang who developed it with the intent of creating an open-source blockchain platform that could be used to manage digital assets using smart contracts. In 2016, AntShares rebranded itself as NEO which is a reference to Greek philosophy meaning newness, novelty and youth (among other things). The reason for this rebrand