What is NEO?
NEO (previously called AntShares) was created in 2014 to support smart contracts and digital assets.
Applications on the NEO platform can be developed using standard programming languages - which means an extensive community of people can create with ease things like innovative smart contracts, distributed apps (dApps), and other new technologies.
Its two currencies, NEO and GAS, are used for transacting value and for the cost of transactions on the network. NEO has a total supply of 100 million tokens, with 70,539,000 NEO in circulation.
The NEO blockchain can calculate up to 10,000 transactions per second - making it one of the fastest blockchain networks in existence.
What is the price of NEO?
The NEO price changes constantly (it's traded non-stop, around the world). Since 2016, the price of NEO has been as low as $0.54 (USD) and as high as $148.58 in January 2018.
From January 2019 through to the time of writing (August 2020), the price of NEO has remained below $20 during the extended bear market. However, it would appear that the long-term trend may be turning bullish.
How to buy NEO
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This article is for informational purposes only and takes no account of particular personal or market circumstances, and should not be relied upon as investment, tax, or legal advice. For investment, tax, or legal advice and before taking any action you should consult your own advisors. Note that digital assets such as cryptocurrencies present unique risks for investors. Please see our disclaimer regarding risks specific to holding digital assets before investing.
This content is correct as of October 2020
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