NEO is a cryptocurrency built on the blockchain that promises to connect low-cost contracts and virtual resources. NEO is a good project with a significant use issue that must be addressed. It was marked as an option, unlike Ethereum. By allowing engineers to behave correctly in a state of usage, NEO provides them more freedom in building good contracts. NEO was dubbed the Chinese equivalent of Ethereum due to the parallels between the two concerns. With 2,400 individuals being generated every second, the ability to build this ecosystem hinges on its capacity to create barriers quicker and at a cheaper cost.