What is Gas?

Symbol: GAS · Market cap rank: #336

Short answer

Gas (GAS) is a cryptocurrency currently ranked #336 by market capitalisation.

Source: isthiscoinascam.com

Overview

Gas is one of the two coins created by Neo Foundation. It is used to pay processing fees for Neo coin transactions. In the Neo network, Proof of Stake (PoS) governs block processing, where block production depends on the amount of tokens held rather than Proof of Work mining power.

Neo holders are compensated with Gas on a monthly basis as a form of compensation associated with PoS. The initial release paid about one Gas per day with 1000 Neo, with the reward designed to gradually decrease over time.

Scam-risk analysis

Gas has a moderate score — some risk signals were raised but no critical concerns. Is Gas a scam?

See the full report

Live price, holders, audits and the complete scam-risk breakdown.

Open the full Gas report →