#1 Your Guide on The Top 100 Cryptocurrencies : NEO
About NEO
Founded in 2014(formerly Antshares), NEO is a blockchain platform and cryptocurrency created with the idea of establishing a scalable network for decentralized applications.
How NEO works
NEO runs on a proof of stake decentralized consensus algorithm with high stability, high TPS and single block finality. It is cross platform and multi-language(Python, Javascript, C#, Java and Go) supported smart contract system. The network can support up to 10000 transactions per second with over 2000000 user address, 500000+ community members.
Purpose
NEO is an open source driven platform that is based on the advantages of blockchain technology to realize the optimized digital world of the future.
NEO aims to automate the use of digital assets through the use of smart contracts, then building a distributed network - based smart economy system.
NEO statistics(June 2020)
Market CAP = $770108762 USD
24 Hour Volume = $339082427 USD
Circulating supply = 70538831 NEO
Max supply = 100000000 NEO
You can trade NEO at Binance, Bitfinix.
As of now, NEO is investing USD $100 million through its ECOBoost program to accelerate the realization of large scale commercial blockchain solutions by empowering developers and projects in the ecosystem.
FUTURE
Since the circulation supply is about to meet up with the max supply, I think the price of NEO will increase up to 300USD to one NEO.
At the time of this writing 1NEO = 10USD.
Sources
neo.org
coinmarketcap.com
Wikipedia
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