NEO is China's first ever original and open source public chain project. NEO serves as a smart assets platform. Smart assets are the combination of smart contracts of blockchain technology and digital assets. NEO allows for smarterShow more [+] registration, issuance, and circulation of digital assets.
NEO via technologies including P2P, dBFT, digital certificate, smart contract, superconductive trade, cross-chain operation protocol, enables people to manage smart contracts effectively, safely and legally.
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.
GAS is a Cryptocurrency which is distributed by holding NEO in your wallet.
GAS is used to fuel transactions on the NEO blockchain.
With each NEO Block getting generated, GAS will be distributed to all NEO holders.