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Originally known as "Antshares" NEO is widely and commonly known as China Ethereum. NEO operates in the same ETH idea where people will be able to trade any asset through blockchain technology and smart contracts. NEO's biggest competition is ETH because they have the same backbone idea as ETH in 2nd place with NEO approaching the 10th rank of global coins. China's number one coin looks great at this moment which naturally attracts investors.