NEO is able to process at least 10,000 transactions per second. Compare this to the 15 transactions Ethereum can handle or the paltry 3 transactions that Bitcoin is able to process, one can see the immediate benefits of NEO. That is why it calling Ethereum of China.
it doesnt matter... bitcoin is first and thats why it is the godfather.. ethereum is there before neo..
so eth will always be more valuable then neo... simple as that.. and lots of them use eth network...