If you're reading this tutorial and you're new to Steemit, big welcome to Steemit, steemit is a young great community that rewards quality contents, if you're new to cryptocurrency in general, Welcome to the crypto space.
In the world of cryptocurrency, there are over 1300 cryptocurrencies and new ones keep coming in everyday through what is called ICO (initial coin offering).
So STEEM and SBD is not the only CRYPTOCURRENCY you should be familiar with as a steemian, there are other cryptocurrencies too, checking coinmarketcap.com will let you know the different cryptocurrencies and give you some good information about each of these crytocurrencies.
But, Today I'll be talking about a crytocurrency that gives you daily earnings, or maybe I should call it dividend. Well, That cryptocurrency Is called NEO.
WHAT IS NEO?
This coin called NEO was formerly known as antshares and was rebranded to NEO. It was / is regarded as Chinese ethereum because it can be used to create smart contracts, same way ethereum can be used to create smart contacts.
NEO is Chinese first ever open source blockchain that can be used to create smart contracts for businesses with digital signatures protected by law to provide trust.
NEO is one of my long term hold crytocurrencies and I'm not planning on selling my NEO anytime soon.
One of the reasons I'm Holding NEO is because I get free GAS coin just for holding NEO.
GAS is a coin that is needed for this smart contracts to run. Gas currently is at the price of $34 and can be gotten for free when you buy and hold NEO in your NEO wallet or an exchange that will give you your GAS.
Websites :
- https://neo.org (NEO website)
- https://neotracker.io/ (NEO explorer)
- https://neotogas.com (Gas calculator)