Source. Crypto info.com
What is Gas?
Gas is a token that was created on the Neo blockchain whose purpose is to pay fees for processing transactions on the NEO network.
With each Neo Block that is generated on the blockchain, Gas is will be distributed to all Neo holders.
NEO Smart Economy is a next generation economy and trade where trade agreements are written in almost any programming language using a Smart Contract.
NEO is often called 'China's Ethereum' because of it's similiarities to the Etherum blockchain.