Neo, formerly recognized as Antshares, emerges as an open-source blockchain platform inaugurated in February 2014. Often likened to the Chinese counterpart of the Ethereum network, Neo showcases similar functionalities. Neo endeavors to foster a novel economy wherein digitized payments, identities, and assets converge, laying the groundwork for the forthcoming era of the internet. The platform is underpinned by two native tokens: NEO and GAS. NEO functions as a token facilitating participation in voting processes pertaining to blockchain enhancements, while GAS is utilized for compensating transactions executed on the network. Additionally, the platform oversees an EcoBoost initiative designed to incentivize the development of decentralized applications and smart contracts on its blockchain.