NEO

NEO Price

What is NEO?

NEO is a next generation smart economy platform (formerly Antshares) and China's first open source blockchain that was founded in 2014, is often known as the “Ethereum of China”. NEO uses a smart economy approach to implement its distributed network concept. Its main objective is to digitize assets using the decentralized network of blockchain technology and digital identity. Neo’s main aim is to be the distributed network for “smart economy”. As their website states: "Digital Assets + Digital Identity + Smart Contract = Smart Economy." Neo was developed by Shanghai-based blockchain R&D company “OnChain” and funded by two crowdsales: first crowdsale on October 2015 sold 17.5 million NEO tokens for $550,000 and the second crowdsale sold the remaining 22.5 million NEO tokens for $4.5 million.

What makes NEO unique?

Asset digitization and identity on the NEO platform essentially creates a novel way for asset registration, issuance, and circulation. This means that tangible assets like real estate, company shares or even fiat money can be digitized and traded on the NEO network, thus giving rise to a whole new economy. Its digital identity system allows for integration between the platform and the real world economy. It has custom digital identity standards that enable the creation of electronic identity data for individuals, organizations and even entities. These electronic systems use multi-layered authentication models that include facial and voice recognition as well as fingerprints.

What can NEO be used for?

All digital assets on the platform enjoy legal protection thanks to the use of digital certificates on its public blockchain. This, in turn, guarantees trust as the system offers an indelible and unalterable record of all entities’ holdings.

Where can you buy NEO?

NEO tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade NEO is Binance, where the most active trading pair NEO/USDT has a trading volume of $914,349.47 in the last 24 hours. Other popular options include OKX and Upbit.

What is the daily trading volume of NEO (NEO)?

The trading volume of NEO (NEO) is $6,222,982.52 in the last 24 hours, representing a 14.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for NEO (NEO)?

NEO (NEO) reached an all-time high of $198.38 and an all-time low of $0.07835. It’s now trading -98.60% below that peak and 3,327.40% above its lowest price.

What is the market cap of NEO (NEO)?

Market capitalization of NEO (NEO) is $189,402,154 and is ranked #200 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NEO tokens (71 Million tokens are tradable on the market today).

What is the fully diluted valuation of NEO (NEO)?

The fully diluted valuation (FDV) of NEO (NEO) is $268,541,265. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million NEO tokens are in circulation today. Depending on how the emission schedule of NEO tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of NEO compare against its peers?

With a price increase of 15.70% in the last 7 days, NEO (NEO) is outperforming the global cryptocurrency market which is up 4.00%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.00%.