Gas (formerly Antcoins) is a token, used in the Neo ICO, that holders of the cryptocurrency Neo can receive over time. 8 Gas is created for every Neo block (approximately every 15 seconds), meaning that if you hold 1,000 Neo (which essentially represent virtual shares in the Neo blockchain) in a wallet that supports Gas, then you will receive between 120 and 170 Gas in a year. These Gas tokens actually represent a kind of dividend that users receive for investing in Neo. However, the rate of Gas creation is decreasing as the time and blocks pass. Gas, as the name suggests, is also the network token of the Neo blockchain that is used to pay transaction fees and give block rewards. There will only ever be 100 million Gas tokens created.
Gas (formerly Antcoins) is a token, used in the Neo ICO, that holders of the cryptocurrency Neo can receive over time.