The cryptocurrency NEO is often nicknamed the “Chinese Ethereum.”
Like Ethereum, NEO is also a fully decentralized network with open-source code.
NEO is a cryptocurrency and application platform based on blockchain technology, which enables the operation of smart contracts and decentralized applications.
A total of 100 million NEO were created in the genesis block. In 2016, 50 million NEO were sold to investors through an initial coin offering.
The project originally known as Antshares was founded in 2014 by Da HongFei and Erik Zhang, and it was renamed to Neo in 2017.
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