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NEO Makes Progress Towards NEO3 Launch

During the inaugural NEO Community Assembly (NCA), NEO introduced three new products. Fresh off the week-long NCA, NEO launched NEO3 Preview1, a pilot on their testnet that demonstrates considerable upgrades that could soon be incorporated on NEO’s mainnet protocol. These additions have pushed NEO closer to its anticipated NEO3 mainnet launch. Inaugural NEO Community Assembly (NCA) Product Launches Taking place from September 2 to 6, the NEO Community Assembly offered powerful insights into mass blockchain adoption within the China landscape by bringing together NEO as well as leading China-based projects such as Ontology, VeChain, PlatON, and Bytom. The biggest news...

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Erik Zhang At DoraHacks: Pledges NEO Will Deliver ‘Next-Gen Internet’

Erik Zhang, the NEO founder and core developer spoke at the Dorahacks event in China last week, and revealed some teasing details about NEO’s next upgrade for the platform—NEO3. Appearing at the hackathon-style event as a judge, Zhang jumped on stage and enthusiastically engaged with event guests about what they could expect when NEO takes its next giant leap forward. The news comes a week after NEO announced its partnership with Ontology, another blockchain giant. “I am confident blockchain technology will shape the future of the internet, starting with a paradigm shift in terms of computing. With this, I foresee...

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NEO Invests In Travala, The Crypto Travel Agency, As The Firm Targets Six Months Of Growth

Blockchain travel company Travala, which is built on the NEO blockchain, is set to benefit from an investment from NEO’s EcoFund, as the business targets growth. The NEO EcoFund is a commitment by the NEO team to help support the growth and development of its wider ecosystem and realise its vision of a smart economy for 21st century business. Travala.com, is led by entrepreneur and CEO Matt Luczynski. As co-founder of the company he has worked to build Travala into the leading crypto and blockchain-based holiday and accommodation booking platform. He is planning to use the EcoFund investment to bring...

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Verbal Intervention from US Treasury Whacks CD Crypto Indices

The CryptoDaily 21 Leaders Cryptocurrency Index weakened to 40.18 on Monday from 40.49 on Sunday, a 0.76% decline. The 21 Leaders Index is off 21.90% over the past 7 days and is down 13.85% over the past 30 days.  Zcash (ZEC) led the decliners with a 4.7% depreciation to a market capitalisation of US$ 562.58 million as traders reacted to comments from US Treasury Secretary Mnuchin suggesting stronger compliance regulations are in store, a new setback for privacy coins. NEO (NEO) weakened 4.1% to a market capitalisation of US$ 870.56 million and Chainlink (LINK) dropped 4.0%. Cosmos (ATOM) led advancers...

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NEO $100m EcoBoost Program Officially Launches With Call For Partners

On 26 June, NEO Global Development (NGD) officially launched the first phase of the much-awaited EcoBoost Program. NGD first announced plans for the development of the program in May, at Consensus 2019.  NGD founder Da Hongfei decided to drop some hints about this new project at the event; however, NEO started releasing details just recently. According to the latest updates, the EcoBoost Program will be divided into three separate phases, each of which will focus on a major aspect of the development of the project. The main idea behind the EcoBoost Program is to help NEO-based projects and developments to...

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