The next famous platform is the new blockchain, which is a smart economics for distributed networks. Neo was chosen as the name because Neo in Greek means new, new Nance youth are no valatie. Initially, Neo was known as unshare when it was launched in 2014, but later the name was changed to Neo and the token name over the Neo blockchain was changed to gas from and coins. Neo is also known as the Chinese aetherium and it offers the functionality of creation of smart contracts over the blockchain. The first Ico on Neo blockchain was announced soon after the rebranding of the platform for the red pulse token. New was founded by Hank fee and Eric Zang.