NEO was founded in February of 2014 and since its inception, the main project’s business vision was to utilize the most powerful blockchain technology alongside smart contracts to offer its users more benefits when managing their digital assets.
Neo Online Casinos
In a sea of digital currencies, the majority of them are powered by smart contracts and the majority of them utilize blockchain technologies. One of these is also NEO that was founded by Erik Zhang and Da Hongfei back in 2014. Formerly known as Antshares, NEO runs on a decentralized proof of stake Byzantine fault-tolerant mechanism. It employs many nodes, so it supports up to 10,000 transactions per second.
The base digital asset of the blockchain technology employed by NEO is its NEO token which instantly generates GAS tokens. These tokens form an independent asset on the NEO network and they are generally used for paying NEO-related transactional fees. Since its inception, NEO has partnered with a number of online casino operators which today offer its customers the opportunity to deposit and withdraw using NEO. Some of these you will find mentioned here.