Neo Price Analysis – ICO tokens soon to be released

At US$3.4 billion, NEO (NEO), is now the sixth largest among cryptocurrencies and assets. Formerly know as Antshares, and dubbed by many as the “Ethereum of China,” NEO has risen sharply since its ICO, rebrand, and heavy marketing effort in late 2016.

NEO was founded by Da Hongfei and Erik Zhang. Unlike any other cryptocurrencies or assets, NEO uses neither Proof of Work (PoW) or Proof of Stake, but a consensus mechanism known as delegated Byzantine Fault Tolerant (dBFT).