NEO is a governance token of Neo.
Neo is a blockchain ecosystem intended to be used in the development of a smart economy. The Neo Blockchain was first introduced in 2014 under the name Antshares. Three years later, in 2017, the project rebranded as Neo, its current name. There are two native tokens in Neo: NEO, as well as NEO GAS. NEO is used to establish ownership and management roles in the blockchain, while NEO Gas is used to pay for blockchain transactions.