News Snapshot:
NEO was founded by Da Hongfei and Erik Zhan in 2014. Originally called AntShares, the network was rebranded as Neo in 2017. Neo is a blockchain-based platform which enables users to develop their own decentralized applications through the use of smart contracts. In this regard, it is considered to be similar to Ethereum. However, the network has much more ambitious plans. The cryptocurrency is regarded to have achieved something that none other has. China has been one of the countries that have strongly opposed cryptocurrencies but Neo is called “Chinese Ethereum” because of the acceptance of the cryptocurrency in the...
