Neo (NEO) has been launched on HotsCoin on March 5. Neo is a public chain dedicated to building decentralized applications that enable developers to automate digital asset management through smart contracts. In addition to providing smart contract functions, Neo has also built a huge local infrastructure, including decentralized storage, oracles and domain name services, laying the foundation for the development of the next generation Internet. NEO is currently open for trading on HotsCoin.
Token information
Circulation market value: $1,289,365,023.529
Fully diluted market cap: $1,827,879,772.39
Circulation: 70,538,831 NEO
Total supply: 100,000,000 NEO
Total financing: $9.1 million
key events
2016-10-17: Neo launched on mainnet
2016-09-01: Neo completed $4.5 million in financing through ICO
2016-08-01: Neo completes US$4.6 million in seed round financing
development path
Neo, originally named Xiaoyi, was founded in 2014. Since then, the Neo team has experienced the highs and lows of the blockchain industry, witnessed the frenzy and cooling of the digital currency market, and also experienced changes in regulatory and government attitudes in various countries. Neo is China's first original public chain project, which realizes the digitization and programmability of assets through smart contracts of digital assets.
Over the course of Neo's development, the project has gone from niche to widely recognized. Neo is open sourced in real time on Github, making it the only real-time open source public chain project in China. The team has been committed to providing more secure and efficient blockchain applications through a combination of peer-to-peer networks, Byzantine fault tolerance, digital certificates, smart contracts and other technologies.
The establishment of Bit Entrepreneurship Camp
Bit Entrepreneurship Camp, established in 2013, is China's first innovation community focusing on digital assets and blockchain. The community provides guidance on business models, product optimization, team integration, and financing by regularly evaluating startup projects in the Bitcoin and blockchain industries. Bit Entrepreneurship Camp has incubated many firsts in China and the world.
Neo’s positioning and features
Neo is jokingly called the “Chinese version of Ethereum,” but the founders are not overly concerned about it. He believes that such a title will help to better understand Neo, but over time, Neo will develop into an independent individual. Xiaoyi focuses more on digital assets and is committed to creating a smart contract ecosystem that is different from Ethereum.
Neo's development path focuses on technological innovation and strives to build a new smart contract system. By continuously improving its technology and ecosystem, Neo will gradually be regarded as a leader in the digital economy era.
in conclusion
Neo’s success proves China’s innovation capabilities in the blockchain field. As a public chain, Neo not only provides smart contract functions for digital assets, but also builds powerful infrastructure, laying the foundation for the realization of decentralized applications. The establishment of Bit Entrepreneurship Camp has contributed to the prosperity of the entire ecosystem, and Neo's future development will benefit from its solid technical foundation and spirit of continuous innovation.
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