What is NEO (NEO)?
NEO is the first decentralized, open-source cryptocurrency and blockchain platform launched in China. It allows people to own digital assets and earn dividends from these assets much like the real world stocks where the company pays dividends to the owners. The coin was previously known as Antshares with the assets being called Antshares (ANS) as well while the dividends are called Antcoins (ANC).
NEO (NEO): History
The main community members include Da Hongfei, co-founder, and core developer – Zhang Zhengwen, Secretary General – Tao Rongqi, and other community developers, operators, and contributors. NEO was launched in 2014 and is the first open source blockchain in China. The project was originally named as Antshares, and it was rebranded to NEO in June 2017.
The Neo Project was backed by two crowdsales. The first crowdsale took place in October 2015 lasting for 10 days during which 17.5 million NEO tokens were sold for $550,000. In the second crowdsale, the remaining 22.5 million NEO tokens were sold for $4.5 million.
How Does NEO (NEO) Work?
NEO is similar to Ethereum; it is much more than a simple cryptocurrency. It is almost an ecosystem by itself where people can exchange digital assets like Bitcoin or real-world assets freely and directly without the need of any third party. It enables users to convert digital assets and convert them into digital assets. It allows the users to do smart transactions by using Smart Contracts 2.0, a concept popularised by Ethereum. NEO coins are the currency of the network and are used to own the share of a blockchain. It is also used to earn dividends for owning the blockchain.
How to Buy NEO (NEO)?
First of all, create an NEO (NEO) wallet for storing your coins safely. Then set a password for the wallet so that nobody can access the wallet. If you forget the password, then you lose the access to your coins. After that buy Ethereum as we are unable to buy NEO directly. Then exchange it for NEO (NEO).
NEO (NEO) Price Prediction 2018
NEO can be a profitable investment option. NEO price equal to 114.408 USD at 2018-02-07. If you buy NEO for 100 dollars today, you will get a total of 0.874 NEO. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-02 is 1231.594 US Dollars. With a 5-year investment, the revenue is expected to be around +976.5%. Your current $100 investment may be up to $1076.5 in 2022. NEO (NEO) price today is $114.42 and have the current supply of 65,000,000 NEO. The market cap value is $7,437,170,000, and the volume is marked as $724,954,000. NEO price prediction, NEO price forecast, NEO price and news, NEO price forecast, NEO price prediction 2018, What is the price of NEO 2018.