NEO is a non-profit blockchain project, which is supported by the NEO community. The developers of NEO combine digital assets, digital identities with Smart Contracts to a Smart Economy. Their goal is to dominate the market of tomorrow’s electronic contracts. The project was founded in 2014. Currently, the company has a market capitalization of 2.7 million US dollars, of which almost 300,000 US dollars are traded daily. The NEO token currently costs 42 US dollars (as of 20 November 2017). NEO is often referred to as the Ethereum China´s and is therefore not just a cryptocurrency. This blog post takes a closer look at the Smart Economy.