Gas (GAS)
From CryptoWiki
Total supply | 100.000.000 |
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- 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.