GAS
by NEO
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What problem does this service solve?
GAS is used to pay for transactions on the NEO network.
Company Details
- NEO
- https://neo.org
- Founded 2017
- China
- NEO Transaction Fuel
Token Stats
About GAS
GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.
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