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NEO is a blockchain platform and cryptocurrency, formerly known as Antshares, that allows the creation of digital assets and smart contracts on the Neo network. The platform, often referred to as the ‘Chinese Ethereum’, aims to create a digital economy with digital identities, assets, contracts, and payments.

Neo was founded in 2014 by Da Hongfei and Erik Zhang, with the goal of providing a more easily scalable, versatile platform that supported a wide range of programming languages compiled in a secure executable environment, known as the Neo virtual machine (NeoVM). The platform uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and can support up to 10,000 transactions per second.

A total of 100 million NEO tokens were created in the Genesis Block. Antshares conducted two phases of ICOs, one in October 2015, which raised 2,100 BTC, and another in September 2016, which earned 6,119 BTC. The project also partnered with Microsoft to work on research and development, focusing on the latter specifically with their Azure Platform-as-a-Service (Paas). The mainnet launched in October 2016.

In June 2017, Antshares was rebranded to Neo and soon after, in July 2018, Neo founder Erik Zhang announced plans to build Neo 3.0, which features platform-native decentralized storage and oracles, as well as improvements to its economic and governance models. Neo 3.0 launched in August 2021, more than three years after its introduction.

The NEO token can be staked to generate NEO GAS, the platform's secondary token that is used as fuel for the network, and can be used to pay for the computation or deployment of smart contracts on the Neo network. The token also serves as the governance token for the Neo platform, allowing holders to vote on proposals for changes in the network.

Organizations like Shibumi Crypto Capital Digital Asset Fund, Myriad Capital Management, Midgard Ventures, and Digichain Capital are investors in NEO.

Neo provides a new and different contract system, known as NeoContracts, which differs from other smart contract-based protocols because developers can build applications in a range of current popular languages, rather than learning a new language. This makes it more attractive to a larger pool of developers looking to build or support decentralized apps (dapps).

In summary, NEO is a blockchain platform and cryptocurrency that aims to create a digital economy with digital identities, assets, contracts, and payments. The platform uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and can support up to 10,000 transactions per second. The NEO token can be staked to generate NEO GAS and serves as the governance token for the Neo platform. Organizations like Shibumi Crypto Capital Digital Asset Fund, Myriad Capital Management, Midgard Ventures, and Digichain Capital are investors in NEO.

NEO is also known for its focus on developer-friendly decentralization, which makes it an attractive platform for building decentralized applications (dApps). The NeoContracts system allows developers to write smart contracts in a variety of programming languages, such as C#, Java, and Python, rather than having to learn a new language, making it more accessible to a wider range of developers.

One of the key benefits of the Neo platform is its scalability. The dBFT consensus mechanism allows for a high throughput of transactions, making it possible for the network to handle up to 10,000 transactions per second. This is a significant advantage over other blockchain platforms, which often struggle to handle large numbers of transactions.

Another important aspect of the Neo platform is its focus on security. Neo's blockchain is designed to be quantum-computing resistant, making it more secure against potential attacks from future quantum computing technologies. Additionally, the platform's consensus mechanism and smart contract system are designed to minimize the risk of hacking and fraud.

The Neo platform also has a strong community and ecosystem. The Neo Global Development (NGD) team is actively working on building and promoting the platform, and there are several projects and dApps being built on the Neo platform. This includes projects in the gaming, finance, and social media sectors.

In conclusion, Neo is a blockchain platform and cryptocurrency that aims to create a digital economy with digital identities, assets, contracts, and payments. The platform uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and can support up to 10,000 transactions per second. The NEO token can be staked to generate NEO GAS and serves as the governance token for the Neo platform. Organizations like Shibumi Crypto Capital Digital Asset Fund, Myriad Capital Management, Midgard Ventures, and Digichain Capital are investors in NEO. The platform is developer-friendly, scalable, secure and has a strong community and ecosystem.