Difference between revisions of "Gas (GAS)"

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Latest revision as of 08:53, 23 January 2022

Gas
Total supply100.000.000
  • The NEO token is like partial ownership of the NEO platform. NEO token holders are entitled to vote for bookkeepers. NEO’s use as a share in the company rather than a token is furthered by the fact that NEO is non-divisible. NEO is not meant to be transacted with — that’s why there is GAS.
  • GAS is used for all operations on the NEO network. Now when a company registers or changes assets on the NEO blockchain, they pay in GAS — this GAS is then distributed to all NEO holders. Anyone can claim this GAS by just holding their NEO in a personal wallet.