Neo is the most feature-complete blockchain platform for building decentralized applications. Neo is unique in that it is the first blockchain platform to adopt a dual token mechanism. It separates governance rights from network access and provides a way to obtain fuel tokens.
Neo enables developers to digitize and automate the management of assets through smart contracts. Multi-language support (including C#, Python, Go, TypeScript, and Java) makes it easy for developers to build on the platform in the language they are most comfortable with. Neo also provides powerful native infrastructures such as decentralized storage, oracles, and domain name service, creating a solid foundation for the Next-Gen Internet.
The Neo Council consists of general Council members and consensus nodes, which are responsible for maintaining the normal operation and network activity of the Neo blockchain. The Council may propose changes to on-chain data such as network charges. Both voters and council members will receive GAS incentives.
Neo raised $ 4.6 M in Seed round on August 1, 2016 and raised $ 4.5 M through ICO on september 1,2016.On October 17, 2016, neo went live on the mainnet.Da Hongfei founded neo, known as China's eth, in 2016
NEO holders participate in governance by voting for the Neo Council, which consists of the council members and consensus nodes that govern the Neo blockchain. The Neo Council has specific responsibilities, including maintaining network activity and adjusting key on-chain parameters.
The minimum unit of NEO is 1 and is indivisible. This means that if you want to withdraw money from the exchange to the wallet, you must withdraw round numbers. This also means that NEO is one of the scarcest tokens, as it can no longer be subdivided in quantity.
Above are only for introduction, not intended as investment advice.
Explore the tokenomics of NEO and review the project details below.
What is the allocation for NEO (NEO)?
NEO's initial allocation includes 100 million tokens, with no additional mining or issuance beyond this limit. The allocation of these tokens is as follows:
- 10% is allocated to incentivize NEO developers and NEO Council members, amounting to 10 million copies
- 10% is allocated to incentivize NEO peripheral ecological developers, amounting to 10 million copies
- 15% is allocated for Cross-investment in other blockchain projects, and the tokens obtained belong to the NEO Council, amounting to 15 million shares
- 15% is allocated for Mobile use, amounting to 15 million copies
- 50% is allocated to be distributed to Crowdfunding supporters in proportion and in rounds, amounting to 50 million shares
What is the supply schedule for NEO (NEO)?
NEO has a fixed supply, and there is no issuance of additional tokens through mining or inflation. The maximum supply of NEO tokens is capped at 100 million. The fixed supply aligns with NEO's vision as a digital asset and smart contract platform that focuses on digital identity, digital assets, and decentralized applications. NEO only released 50million during the crowdfunding period. The other half was integrated into the smart contract and released through an algorithm following a curve algorithm. 16% was generated in the first year, 52% in the first 4 years, and 80% in the first 12 years. The release continued to decrease. close to generating all NEO in about 22 years.
Neo is the most feature-complete blockchain platform for building decentralized applications. Neo is unique in that it is the first blockchain platform to adopt a dual token mechanism. It separates governance rights from network access and provides a way to obtain fuel tokens.
Neo enables developers to digitize and automate the management of assets through smart contracts. Multi-language support (including C#, Python, Go, TypeScript, and Java) makes it easy for developers to build on the platform in the language they are most comfortable with. Neo also provides powerful native infrastructures such as decentralized storage, oracles, and domain name service, creating a solid foundation for the Next-Gen Internet.
The Neo Council consists of general Council members and consensus nodes, which are responsible for maintaining the normal operation and network activity of the Neo blockchain. The Council may propose changes to on-chain data such as network charges. Both voters and council members will receive GAS incentives.
Neo raised $ 4.6 M in Seed round on August 1, 2016 and raised $ 4.5 M through ICO on september 1,2016.On October 17, 2016, neo went live on the mainnet.Da Hongfei founded neo, known as China's eth, in 2016
NEO holders participate in governance by voting for the Neo Council, which consists of the council members and consensus nodes that govern the Neo blockchain. The Neo Council has specific responsibilities, including maintaining network activity and adjusting key on-chain parameters.
The minimum unit of NEO is 1 and is indivisible. This means that if you want to withdraw money from the exchange to the wallet, you must withdraw round numbers. This also means that NEO is one of the scarcest tokens, as it can no longer be subdivided in quantity.
Above are only for introduction, not intended as investment advice.