# Neo (NEO): D-Score 45/100 — Moderately Decentralized

**BlockIndex D-Score: 45/100 (Moderately Decentralized).** Neo (NEO) is a Layer 1 cryptocurrency using BFT consensus. Neo: China-origin Layer-1 smart-economy blockchain with dBFT consensus, NeoVM multi-language support, and dual-token economics.

_Source: https://blockindex.ai/coin/neo · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 45 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 25 |
| Age and history | 15 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: BFT (N/A)
- Launch: 100% Premine (2014)
- Founder: Da Hongfei, Erik Zhang
- VC funded: No
- Max supply: N/A
- Circulating: 70,538,831

## Market data (as of 2026-06-19)
- Price: $2.18
- Market cap: $154.12M
- 24h volume: $8.42M
- 24h change: -1.33% · 7d change: +0.99%

## About
Neo is a long-running Layer-1 public blockchain and developer platform first launched as Antshares in February 2014 and later rebranded to Neo. The project was designed from the outset as a smart economy platform that combines digitized payments, identities and assets. Neo distinguishes itself through a dual-token model—NEO for governance and GAS for transaction fees and resource allocation—and a strong emphasis on developer ergonomics. The platform supports multi-language smart contract development (C#, Go, Python, Java, TypeScript) compiled to the NeoVM, enabling developers to write contracts in commonly used programming languages rather than forcing a new domain-specific language. Over its lifetime Neo has evolved through multiple major iterations (notably N3 and the Neo X initiative) and maintains a foundation-style governance structure centered on the Neo Foundation and the dynamic NEO Council.

From a technical perspective, Neo employs a Delegated Byzantine Fault Tolerance (dBFT) consensus design that offers rapid finality suitable for many real-world applications that require predictable confirmation. The Neo stack includes several complementary infrastructure components: NeoVM for contract execution, NeoFS for distributed object storage, NeoID for self-sovereign identity, a Neo Name Service for readable identifiers, native oracle capabilities, and interoperability efforts such as the Message Bridge and Neo X. These architectural components aim to provide an integrated developer experience spanning data, identity, and cross-chain messaging. The platform is open-source, with multiple public repositories and community SDKs, and it emphasizes deterministic, single-block finality rather than probabilistic PoW-style confirmations.

Neo’s real-world positioning centers on serving as an application platform for digitized assets, identity, and payments. Use cases highlighted by the project include tokenization of real-world assets, identity-aware dApps that leverage NeoID, and high-throughput financial applications that benefit from the platform’s quick finality. The EcoBoost program (launched in 2019) acts as an ecosystem-support initiative: grants, technical support and promotion for developer teams building on Neo. Interoperability work—highlighted by Message Bridge announcements and Neo X MainNet releases in 2025—signals a strategic push toward cross-chain connectivity, which aims to expand the types of assets and ecosystems Neo can interoperate with.

Tokenomics are straightforward and conservative: 100,000,000 NEO were generated at genesis (fixed supply) and GAS is emitted per-block as a utility token whose issuance decreases over time. The initial distribution at genesis is documented as a split between sale participants and the project/council, with circulating supply figures reported in the range of ~70.5M NEO in circulation at the time of the combined summaries. NEO token holders play a central role in governance, voting for council members and committee candidates; GAS is distributed to voters and committee members as part of the incentive model. The fixed maximum supply of NEO means the asset is non-inflationary by design, while GAS serves as a gas-like utility resource consumed by contract execution and other on-chain operations.

Governance is structured around on-chain mechanisms: NEO holders vote for a dynamic council that runs consensus nodes and participates in certain administrative functions. The Neo Foundation / NEO Council functions as a foundation-style governance entity that coordinates development, ecosystem support (EcoBoost), and community-facing activities. Development in recent years has focused on the N3 migration and Neo X workstreams; official blog posts and repository openings in late 2025 indicate ongoing mainnet upgrades, repository transparency, and message-bridge rollout. While the project has a long history and active developer tooling, scrapers and datasets in the combined summary indicate that node counts, some low-level chain metrics and certain exact historical dates were not present in the provided extracts and would require additional authoritative queries to fully populate.

## Links
- Website: https://neo.org/
- Whitepaper: N/A
- GitHub: https://github.com/neo-project/neo

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore