The live price of Neo is - per (NEO / USD) with a current market cap of $461.60M USD. 24-hour trading volume is - USD. NEO to USD price is updated in real-time. Neo is -% in the last 24 hours with a circulating supply of 70.54M.
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Neo is a distributed network that leverages blockchain technology and digital identity to digitize assets and uses smart contracts to automate the management of digital assets, aiming to realize a “Smart Economy.”
The Neo software ecosystem is designed to provide a platform for creating, deploying, and using decentralized applications (DApps), services, and products. Due to its powerful smart contract capabilities, Neo is often compared to Ethereum. Neo can be used to build DApps that support social media, prediction markets, decentralized finance (DeFi), and decentralized exchanges (DEXs).
Other features of the Neo ecosystem include decentralized file storage, an oracle system for off-chain data integration, and decentralized identity solutions.
With Neo smart contracts, users can store and trade a wide variety of assets, making them liquid and enabling real-world assets to be connected to on-chain tokens. A notable difference between Neo and other blockchain networks is its emphasis on regulatory compliance, which is enforced by requiring all users to undergo identity verification.
Neo was founded in 2014 by Da Hongfei and Erik Zhang.
Neo uses a consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT), which functions similarly to Delegated Proof of Stake (DPoS). Users can participate in network validation and security by staking NEO. The key difference is that with dBFT, users can delegate their voting power to other nodes.
NEO is the native cryptocurrency of the Neo blockchain, used for peer-to-peer (C2C) payments, value storage, and staking in Neo’s consensus model.
The total supply of NEO tokens is 100 million.
Unlike other blockchain networks, Neo integrates an interoperable decentralized digital identity solution. The Neo network offers Ethereum-like smart contract functionality, but also includes features such as the NeoFS decentralized storage protocol, a native oracle solution for using off-chain data on-chain, and multi-language support allowing developers to build on Neo using various programming languages.
The Neo to other currencies exchange rate?
