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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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.