Neo (NEO) is a cryptocurrency and smart contract platform that enables the creation of decentralized applications (dApps) and services. It's often referred to as the Chinese version of Ethereum due to its similar functionalities ¹ ² ³.$NEO
*Key Features of Neo:*
- *Open-source platform*: Neo is an open-source blockchain platform that allows developers to build decentralized applications ¹ ².
- *Smart contracts*: Neo supports smart contracts, which enable the creation of decentralized applications ¹ ² ³.
- *Decentralized file storage*: Neo offers decentralized file storage solutions ⁴ ⁵.
- *Oracle systems*: Neo's oracle systems facilitate off-chain data use ⁴ ⁵.
- *Decentralized identity solutions*: Neo provides decentralized identity solutions, enabling users to create tokenized identities based on real-life identity ⁴ ⁵.
*Neo Tokens:*
- *NEO*: The NEO token is used for network governance, allowing users to participate in votes concerning improvements to the blockchain ¹ ² ³.
- *GAS*: The GAS token is used to pay for computational power on the network ¹ ² ³.
*Current Market Data:*
As of today, Neo's market capitalization stands at $803,471,616, with a circulating supply of 70,538,831 NEO tokens ¹. The 24-hour trading volume is $44,048,450 ¹.
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