Neo

Currency in
3.8269
+0.0857(+2.29%)
Real-time Data·
Day's Range
3.79983.8498
52 wk Range
2.420926.1401
Bid/Ask
-
Vol (24H)
11.56M
Market Cap
270.37M
Rank
142
Day's Range
3.7998-3.8498
Type:Currency
Group:Minor
Base:Neo
Second:US Dollar

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy
How do you feel today about Neo?
Vote to see community's results!
or
Show more

People Also Watch

0.0452
CHZ/USD
+0.25%
0.0535
LRC/USD
+1.36%
0.005157
ZIL/USD
+2.18%
0.0832
+2.46%
0.03957
GRT/USD
+8.21%

FAQ

What Is NEO?

NEO is a blockchain platform and cryptocurrency, often called the "Ethereum of China," created in 2014 by Da Hongfei and Erik Zhang. Its goal is to build a "smart economy" by integrating digital assets, digital identity, and smart contracts, enabling users to digitise real-world assets and manage them securely.

NEO uses a dual-token system, with NEO for governance and GAS for transaction fees and smart contract execution. Its consensus mechanism, dBFT, ensures fast, scalable, and secure transactions. Supporting multiple programming languages, NEO is developer-friendly and focused on regulatory compliance, making it ideal for businesses leveraging blockchain technology.

What Is A Smart Contract?

The easiest way to describe a smart contract is to compare the technology to a vending machine. A triggering action made by one party (inserting a coin) generates a response by the other party (dispensing a drink) and a deal takes place, without any middlemen or intermediaries (shopkeepers).

Smart contracts are commonly used in applications such as financial transactions, supply chain management, insurance, and decentralised applications (dApps). For example, a smart contract in a lending platform could automatically release funds to a borrower once collateral is provided and all terms are met.

Because they run on blockchain networks, smart contracts are transparent, secure, and immutable. Once deployed, the terms and execution of the contract cannot be altered, reducing the risk of fraud and increasing trust between parties.

What Is A Blockchain?

A blockchain is a decentralised digital ledger that securely records transactions in a series of "blocks" linked chronologically to form a "chain." Each block contains transaction data, a timestamp, and a cryptographic link to the previous block, ensuring transparency and security.

Once data is added, it cannot be altered or deleted, making blockchains highly secure and trustworthy. While best known for powering cryptocurrencies like Bitcoin, blockchains are also used for applications like supply chain tracking, smart contracts, and digital identity management.

To learn more, check out our article on what is a blockchain? on the Investing Academy.

Who Invented NEO?

NEO was invented by Da Hongfei and Erik Zhang in 2014. Originally launched as Antshares, it was later rebranded to NEO in 2017. Da Hongfei is known for his work promoting blockchain technology in China, while Erik Zhang is the architect behind NEO’s consensus mechanism, Delegated Byzantine Fault Tolerance (dBFT). Together, they founded Neo Foundation to oversee the platform’s development and promote its vision of creating a "smart economy" through blockchain technology.

How Can I Get A NEO Wallet?

To get a NEO wallet, start by selecting a wallet that supports both NEO and GAS. There are available optionsfor both desktop and for mobile, as well as hardware wallets like Ledger for maximum security, or browser-based wallets like NeoLine or Neon Wallet extensions.

Once you’ve chosen, download the wallet from its official website or a trusted app store, ensuring it’s a legitimate source. Follow the setup instructions to create your wallet, which includes setting a strong password and securely backing up your private key or recovery phrase—this is essential for accessing your funds.

After setup, you can transfer NEO to your wallet by using your public wallet address. Holding NEO in your wallet also allows you to generate GAS rewards automatically. Always prioritise security and store your private keys safely to protect your funds.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.