Neo (NEO) Tausch

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What is NEO?

NEO coin is the very first decentralised, open-source cryptocurrency and blockchain platform based in China (sometimes NEO is called Chinese Ethereum). The main goal of NEO is helping to convert traditional real-world assets into digital ones with the use of smart contracts. Besides, NEO is there when there is a need to create identity information in electronic form and later access it via multi-factor authentication.

However, those are not all the features the platform has to offer – NEO also allows people to create and manage smart contracts and decentralised applications. The platform has two crypto tokens – NEO and GAS, both cryptos come in a max supply of 100.000.000 units.

NEO cryptocurrency acts as an investment capital of the blockchain. All the 100 million coins were pre-mined during the block creation. Hence, NEO coin mining is impossible.

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