Neo is a blockchain platform that utilizes its own cryptocurrency, the Neo coin. Similar to the Ethereum blockchain, developers can build decentralized applications on the Neo blockchain. While Neo’s blockchain is similar to Ethereum’s, it differs in a number of ways.
In addition to Ethereum and Neo, projects can build solutions on a number of other blockchains that have risen into the spotlight, such as Cardano or Binance Smart Chain. The Neo crypto asset is a tradable cryptocurrency.