Neo (NEO)
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About NEO
Neo (NEO) is a blockchain platform and cryptocurrency designed to build a scalable and decentralized network for the digital economy. Often referred to as the 'Ethereum of China,' Neo supports smart contracts, digital assets, and decentralized applications (dApps). With a dual-token model, NEO represents ownership in the network and enables staking for governance, while GAS is used for transaction fees and executing smart contracts. Neo's development framework, NeoVM, allows developers to build and deploy dApps across various industries. For live NEO prices, historical data, and market insights, visit our Neo Markets page to stay updated on this powerful platform for the digital economy.
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News
Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant
The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge…
SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing
The SEC has approved NYSE Arca's listing of a Grayscale large-cap fund holding bitcoin, ether, solana, XRP, and cardano, expanding regulated access to leading digital assets. SEC Approves Rule Change for Grayscale Crypto Fund Listing on NYSE Arca The U.S.…
Strategy Set to Book $14B Bitcoin Gain as Saylor’s Bet Shakes Wall Street
Michael Saylor's Strategy is set to deliver a staggering $14 billion unrealized profit in Q2, propelled by bitcoin's surge and a pivotal accounting change that could cement his company's place alongside Wall Street powerhouses like JPMorgan and Amazon. What began…
Design Firm Figma Reveals $70M Bitcoin ETF Stash in IPO Documents
Figma’s board also recently approved a $30 million acquisition of spot bitcoin, which will be purchased at some point in the future. Figma's SEC Filing Reveals Major Bitcoin ETF Position Worth $70M Software giant Adobe had positioned itself to acquire…
Trump-Backed American Bitcoin Raises $220 Million to Buy BTC and Mining Gear
American Bitcoin, a crypto venture backed by Eric Trump, has raised $220 million from private investors to purchase bitcoin and mining equipment, with plans to go public via a merger with Gryphon Digital Mining. Crypto Firm American Bitcoin Goes Big…
Frequently Asked Questions about Neo
What is Neo (NEO)?
Neo (NEO) is a blockchain platform focused on building a decentralized digital economy, supporting smart contracts, digital assets, and decentralized applications.
How does Neo work?
Neo uses a dual-token model with NEO and GAS. NEO grants ownership and governance rights, while GAS is used to pay transaction fees and execute smart contracts on the Neo blockchain.
What makes Neo unique?
Neo’s dual-token model, decentralized governance, and compatibility with multiple programming languages make it developer-friendly and scalable for a wide range of decentralized applications.
Where can I buy and trade Neo?
Neo (NEO) is available on major crypto exchanges, and our Neo Markets page provides live NEO prices, historical data, and insights for informed trading decisions.
What are the benefits of using Neo?
Neo provides a scalable, developer-friendly platform with support for smart contracts, dApps, and digital identity, making it suitable for the digital economy’s infrastructure.
How can I store my Neo tokens securely?
NEO tokens can be stored in Neo-compatible wallets like NeoLine, Ledger, and Neon Wallet, which offer secure storage options for managing NEO and GAS assets.
What is GAS in Neo?
GAS is Neo’s utility token, used to pay for transaction fees and to execute smart contracts. It’s generated by holding NEO tokens and is essential for utilizing the Neo network.
Is Neo a good investment?
Neo’s focus on the digital economy and its robust development ecosystem make it appealing for DeFi and dApp projects. Like all cryptocurrencies, NEO is volatile, but its broad use case adds potential value.