– What kind of virtual currency is this?
NEO is the first decentralized platform, based on open source cryptocurrency and blockchain platform established in China. It is very popular in China. It used to be called as Antshares. After that, they changed the name. with this, they also changed the technical criteria also moving towards the smart contracts.
– What is this virtual currency primarily used for?
NEO is a platform which supports smart-contracts and has been referred to as the “Chinese Ethereum” as it provides similar functionality, including support for DAPPS and ICOs. While similar to Ethereum in some regards, it stands out in the fact that you can code with most languages such as JAVA, C/C# and GO for it, while with Ethereum you have to use their own Solidity language. Ethereum has already proven that there is a specific need for a platform which allows smart contracts and ICOs and the fact that NEO allows people to code for it in many languages removes the barrier to entry of having to learn a new language to do so, this opens up the pool of developers significantly. (Source: https://blockonomi.com/neo-guide/ )
– When was this virtual currency first introduced?
NEO: August 14, 2014
– What is this virtual currency’s most recent market cap?
NEO: $8,935,095,000 USD ( https://coinmarketcap.com/currencies/neo/ )