The NEO blockchain, sometimes known as "Chinese Ethereum," looks to be failing in terms of dapps (decentralized apps), as even subnetworks have more decentralized applications and users. Nevertheless, it appears that NEO is not presently concentrating on Dapps. After recently boosting along with other "Chinese" cryptocurrencies, NEO has returned to the top 20 coins by market cap list and currently trades at over USD 10.7, up 42 percent in a month. Despite this, the smart economy blockchain appears to be losing the dapp race to alternative platforms. To find out the reliability of the best NEO Dapps, visit Cryptoknowmics today.

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NEO vs GAS comparison. NEO and GAS are the two tokens in the NEO ecosystem. NEO is home to smart contracts, which are one of the most fundamental concepts in cryptocurrency. Smart contracts are self-executing contracts that are commonly used to exchange digital products or digital assets. They are totally digitally validated and take effect without the intervention of any third party or authority. The NEO platform enables the physical object to be linked to an identical and unique digital avatar on its system. NEO also provides asset protection. Assets listed on its system have a confirmed virtual identity and are legally protected.