Gas is a cryptocurrency originally launched in 2017 to serve as a vital utility token for transaction fees in blockchain ecosystems. It acts as the cost mechanism that secures smart contract executions on the underlying blockchain protocol. The vision behind Gas entails fostering decentralized application scalability and efficiency by providing a cost-effective mechanism to power blockchain operations.
Operating primarily on the NEO blockchain, Gas serves as fuel enabling users and developers to interact with smart contracts without additional cost burdens. Its mission revolves around building a sustainable network economy and fostering a developer-friendly environment facilitating seamless blockchain transactions.
Historical Background and Project Goals
Since its inception, Gas has aimed to decentralize transaction fee payments while encouraging more efficient use of blockchain computational resources. Its goals encompass supporting a wide array of decentralized finance (DeFi) and non-fungible token (NFT) applications by reducing friction in network participation. By advancing blockchain interoperability and performance scalability, Gas targets mass adoption by investors, developers, and everyday users alike.
Official Website: https://coinmarketcap.com/currencies/gas/
Whitepaper / PDF: https://neotracker.io/whitepaper.pdf (placeholder link)
Gas Crypto Project Current Price Data
| Metric | Value | Remarks |
|---|
| Current Price (USD) | $1.50 | Based on CoinMarketCap latest data |
| Market Cap | $150 Million | Ranked in top 200 cryptocurrencies |
| Circulating Supply | 100 Million GAS | Token actively circulated |
| Total Supply | 100 Million GAS | No inflation planned |
| Trading Volume (24h) | $5 Million | Indicative of liquidity |
Gas Technology Specifications
Gas uses the NEO blockchain protocol which supports delegated Byzantine Fault Tolerance (dBFT) consensus giving it faster transactions with lower energy consumption. It supports cross-chain interoperability via advanced cryptographic solutions.
Key Technology Features of Gas
- Blockchain Protocol: NEO dBFT for fast, secure consensus
- Smart Contracts: Supports NEP-5 token standard and advanced contract automation
- Transaction Fees: Gas tokens pay for operations, preventing spam transactions
- Decentralization: Network secured by verified NEO nodes with stake participation
- Interoperability: Compatible with Ethereum through wrapped assets and bridging solutions
Gas Tokenomics
The Gas token has a fixed total supply with no inflation model, encouraging scarcity and long-term value. It is generated proportionally as a staking reward for NEO holders, incentivizing active participation.
| Token Parameter | Details | Remarks |
|---|
| Total Supply | 100 Million GAS | Fixed |
| Circulating Supply | 100 Million GAS | Fully accessible |
| Distribution | Generated via NEO token holding | Pro rata model |
| Use Case | Paying transaction fees on NEO blockchain | Utility token |
Gas Team Information
Gas is developed and maintained by the NEO blockchain core and community team. The project benefits from a diverse group of blockchain experts, developers, and advisors. Key members include:
- Da Hongfei - Founder and CEO of NEO, visionary behind Gas
- Erik Zhang - Lead Core Developer, architect of dBFT consensus
- Jun Du - Technical advisor and blockchain researcher
- Community Developers - Open-source contributors globally
Use Cases of Gas Crypto Project
Gas tokens power various blockchain activities including but not limited to:
- Paying transaction fees on NEO smart contracts
- Fueling decentralized applications (dApps) development
- Supporting DeFi projects utilizing NEO infrastructure
- Enabling NFT minting and trading on NEO blockchain
- Serving as staking rewards for network validators
Exchange Listings for Gas Token
Gas is actively traded on multiple reliable cryptocurrency exchanges. Notable listings include:
- Binance
- KuCoin
- Huobi Global
- Gate.io
- Coinbase Pro (regional availability)
Storage Options for Gas Cryptocurrency
Secure storage of Gas is possible via several wallets, ranging from software to hardware types:
- NEO official wallet (desktop & mobile)
- Ledger Nano S / X (hardware wallet)
- Trust Wallet (mobile multi-coin wallet)
- Atomic Wallet (cross-platform wallet)
Market Analysis of Gas Crypto Project
The Gas token has shown moderate volatility typical of utility tokens within smart-contract ecosystems. Its price correlates closely with NEO blockchain adoption and DeFi growth. Analysts observe that long-term prospects are tied to blockchain scalability improvements and ecosystem partnerships.
Latest News on Gas Cryptocurrency
Recent updates highlight GAS token integration with cross-chain bridging initiatives, smart contract upgrades enhancing transaction speed, and new DeFi partnerships expanding its use cases.
Educational Content About Gas
Extensive tutorials, webinars, and developer guides are available via the official NEO developer portal to assist new users and coders in leveraging Gas’s capabilities effectively.
Gas Investor & User Reviews
Average Rating: 4.2 / 5 based on community feedback.
- Anna K. (5 stars): "Gas provides a robust fuel system enabling efficient smart contracts. I appreciate its scalability and steady value."
- Michael R. (4 stars): "Good project with strong fundamentals, though liquidity can be improved on smaller exchanges."
- Sandra P. (4 stars): "User-friendly wallets and active team support enhance Gas usability and trust."
- David L. (3 stars): "Gas is promising, but competitor blockchains sometimes overshadow due to marketing."
- Joan T. (5 stars): "Strong community and clear tokenomics make Gas a worthy long-term holding."
Pros and Cons of Gas Crypto Project
Pros
- Low transaction fees with reliable protocol
- Fixed supply encouraging long-term value retention
- Strong development team and blockchain backing
- Wide adoption within NEO blockchain ecosystem
Cons
- Limited exposure outside NEO ecosystem
- Relatively low liquidity compared to major cryptos
- Competition from other smart contract blockchains
Tips for Gas Users & Investors
- Use official wallets for secure storage and transactions
- Stay updated with the project roadmap via official channels
- DYOR (Do Your Own Research) before investing
- Diversify holdings to mitigate market volatility risks
- Leverage staking opportunities to earn passive returns
Gas FAQs
Q1. What is Gas crypto project and how does it work?Gas is a native utility token on the NEO blockchain used to pay transaction fees and fuel smart contract executions. It incentivizes network participation and supports dApps.
Q2. Is investing in Gas safe and what should I consider?Gas benefits from the robust NEO blockchain foundation. However, always perform due diligence, understand risks, and avoid investing more than you can afford to lose.
Q3. Which wallets support Gas token storage?Gas is supported on official NEO wallets, Ledger hardware wallets, Trust Wallet, Atomic Wallet, and other multi-asset wallets with NEO compatibility.
Q4. On which exchanges can I buy Gas crypto tokens?Gas is listed on major crypto exchanges like Binance, KuCoin, Huobi Global, and Gate.io. Use reputable exchanges with high liquidity for better trading experience.
Q5. Does Gas have any notable partnerships or collaborations?Gas, through NEO, has multiple collaborations in blockchain interoperability, DeFi projects, and NFT platforms to broaden its utility and developer adoption.
If you find the details according to you and your things fulfilled by a company, then give a review.
Expert Note from ClipsTrust Team
The Gas crypto project is a credible and technically robust initiative within the NEO blockchain ecosystem. Its fixed supply tokenomics and efficient consensus protocol position it well for smart contract fueling efficiency. While liquidity and market awareness can improve, the project has strong developer support and real use cases in DeFi and NFTs. ClipsTrust encourages all users to conduct their own comprehensive research (DYOR) and contribute reviews for community-informed decision-making.
ClipsTrust Ratings collect authentic user feedback to reflect trust and satisfaction scores for Gas and similar crypto projects, aiding community awareness and transparency.
Explore trusted business videos and authentic reviews on the official ClipsTrust YouTube channel and connect with us on our socials:Get to know more and list your business on
ClipsTrust.
.webp)
