{"id":244,"date":"2021-03-09T22:35:44","date_gmt":"2021-03-09T22:35:44","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=244"},"modified":"2021-03-09T22:35:44","modified_gmt":"2021-03-09T22:35:44","slug":"what-is-neo","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-neo\/","title":{"rendered":"What is NEO?"},"content":{"rendered":"\n
NEO \u2014 \u201cthe Chinese Ethereum\u201d \u2014 looks set to shine if the Chinese Communist Party allows it.<\/em><\/p>\n\n\n\n Source: Wit Olszewski \/ Shutterstock.com<\/p>\n\n\n\n Approximate Market Cap:<\/strong> $3 billion Don\u2019t be fooled by NEO\u2019s sleepy looking returns in 2020. NEO (formerly known as Antshares) is one of China\u2019s earliest and largest cryptocurrency ventures. The coin fell hard in 2018 as the Chinese government cracked down on cryptocurrency exchanges. But in 2021, the coin staged a remarkable resurgence as Chinese regulators turned their ire to Ant Group, a payments processor<\/a>.<\/p>\n\n\n\n
<\/figure><\/div>\n\n\n\n
Year Established:<\/strong> 2016
Cost Per Transaction:<\/strong> Nominal
2020 Return:<\/strong> 63%
Score:<\/strong> \u2605\u2605\u2605\u2605<\/p>\n\n\n\n