NEO News

NEO was originally founded in 2014 as AntShares before being rebranded in June 2017.

NEO uses blockchain technology to provide a decentralized digital economy where digital assets, smart-contracts, and decentralized applications (DApps) can be managed.

NEO is one of the few blockchains that has two base digital assets, NEO and GAS. NEO is the non-divisible cryptocurrency part of the equation and is limited to 100 million units. NEO tokens feature a property known as GAS generation, with each NEO being held generating GAS at a controlled rate.

Unlike many other smart contract platforms, NEO was designed to be accessible to as many developers as possible by allowing NEOcontracts to be written in a variety of standard languages — including Python, C++, and Javascript— before being compiled by the NeoVM into a secure executable environment.