The NEO project was originally launched in 2014 as AntShares with development resources provided by founder Da Hongfei through his development company Onchain.
A total of 100 million NEO were created in the Genesis Block. 50 million NEO were sold to early investors, with the remaining 50 million NEO locked into a smart contract. Each year, 15 million NEO tokens are unlocked which can be used by the NEO development team to fund long term development goals.
Why neo will become next ethereum..
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