NEO (NEO) Cryptocurrency Economic Model and General Information

What does it do?

NEO (former Antshares) is a smart economy platform where users can digitize assets using the decentralized network of blockchain technology and digital identity. Tangible assets can be digitized and traded on NEO network.

Key Features

  • Digital identity helps to prove the connection between digital and physical assets, additionally, assets are protected by law
  • NeoContract smart contract system for smart contract development

General information

Company NameAntshares
Incorporation date2015
Incorporation Addressn/a
Websitehttps://neo.org/
Bloghttps://neo.org/blog
Phonen/a

Economic details


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Crypto CurrencyPrice (Euro)24H % Change

Initial Funding & Distribution
TickerNEO
Token TypeCryptocurrency
Total Supply Sold50 000 000 NEO
Total Amount Raised28 056 944 USD
Price During the Crowdsale0.036 USD
Hard Capno info
Whitepaperhttps://docs.neo.org/en-us/whitepaper.html
Token Distribution50% Crowdsale
15% cross-invest in NEO projects
15% retained as contingency
10% NEO developers and members of NEO Council
10% Developers in NEO ecosystem
Funds Distributionno info
Crowdsale DateSeptemper 9, 2017
Sources:
https://www.trackico.io/ico/antshares/#financial
https://icobench.com/ico/neo
https://www.youtube.com/watch?time_continue=1840&v=V2basIRwTgs

There is no information regarding NEO top holders.

This chart represents the supply if NEO team uses maximum yearly allowance (15M NEO). However, the team stated that they are planning to use less than 15M NEO each year.
Source: https://www.youtube.com/watch?time_continue=1840&v=V2basIRwTgs

Social Media

Team

 TitleNameLinkedin
Co-ChairDa Hongfei
Co-ChairErik Zhang
Head of InvestmentWeiyu Zhu
Director of R&DPengtao Lin
Director, NEO Global DevelopmentLili Zhao

Development

Total number of Commits4 113 Commits (17 Repositories)

Partners

Microsoft – a multinational technology company which develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers and related services.

Fadada – a platform which offers electronic contracts signing services.

CertiK – a formal verification technology for smart contracts and blockchain auditing.

ArQit – a quantum resistant business eco-system on an open source blockchain.

QRC – regulatory technology for the token economy,

Fenbushi Capital – China-based capital firm that invest in Blockchain companies.

Coinfirm – a global leader in regtech for digital currencies and the blockchain-based financial ecosystem.

Competitors

ARK – a sandbox that provides users, developers and startups with blockchain technologies.

Lisk – a blockchain application platform that helps developers to build blockchain applications and deploy their own sidechain linked to List network.

AION – a platform for building decentralized applications.

Komodo – end-to-end blockchain infrastructure solution provider. It features a multi-chain architecture which provides each project with independent infrastructure and dedicated blockchain.

Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.

Potential market and clients

The potential in growth depends on how high the demand of digitizing assets will be in the future.

Utility and economic dynamics

  • NEO coin represents the right to vote for bookkeeping, network parameter changes and similar
  • NEO holders receive GAS collected from fees