Gas GAS

$5.49
Market Cap $ 55.612 MM (#97)
24h Volume $ 2.188 MM
Chg. 24h: 9.82%
Algo. score 3.9/5  (#54)
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Gas project purpose and description

Gas clarity of purpose

Gas purpose and aspects

GAS is paid to NEO holders to Stake the NEO token and keep the NEO network running, In order to run DAPPS on NEO you're consuming its processing resources which need to be paid in GAS.

Gas additional differentiation against competition

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Gas categories

Platform

Short description

NEO is the use of blockchain technology and digital identity to digitize assets, the use of smart contracts for digital assets to be self-managed, to achieve "smart economy" with a distributed network.

Abstract

NEO, formerly Antshares, is China's first ever open source blockchain. Founded in 2014, NEO’s mission has been to reinvent the way commerce is done. We believe technology drives progress and together we can create the future. Motivated by this, NEO has been created to shift our traditional economy into the new era of the Smart Economy. In this new Smart Economy, a paradigm shift from the "Internet of Information" to an "Internet of Value" is taking place. This will allow for seamless integration of the traditional economy and digital economy, facilitating the free flow of all assets. Exchange of value and economic activities are provided in a trustless mode. The rules, policies, and organizations of traditional society will be rightfully transparent and fair. This is an "Internet of Order" and the ultimate goal of NEO Smart Economy.

Link to Roadmap: n/a
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