NEO price today is $45.57 with a 24-hour trading volume of $2,319,620,402. NEO price is up 19.4% in the last 24 hours. It has a circulating supply of 71 Million NEO coins and a max supply of 100 Million. ZB is the current most active market trading it.
NEO is a next generation smart economy platform (formerly Antshares) and China's first open source blockchain that was founded in 2014, is often known as the “Ethereum of China”.
What is NEO?
NEO uses a smart economy approach to implement its distributed network concept. Its main objective is to digitize assets using the decentralized network of blockchain technology and digital identity.
Neo’s main aim is to be the distributed network for “smart economy”. As their website states: "Digital Assets + Digital Identity + Smart Contract = Smart Economy." Neo was developed by Shanghai-based blockchain R&D company “OnChain” and funded by two crowdsales: first crowdsale on October 2015 sold 17.5 million NEO tokens for $550,000 and the second crowdsale sold the remaining 22.5 million NEO tokens for $4.5 million.
That's like original white paper description of NEO. But good basic explanation and background. You didn't seem to really explain why it has risen so much in the last month. You also didn't mention NEO 3.0 which is supposed to come out soon and could make a big difference. NEO's problem is that they don't spend time and money on marketing it enough.
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