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Neo News: Week in Review – June 22nd – June 28th


neonewstoday.com 2020-06-30 21:20
Reading time: ~3 m

NEO

Neo Global Development (NGD) Seattle pushed preview releases of Neo Express and Neo Smart Contract Debugger packages which include support for Neo3 Preview2.

NGD and OKEx co-hosted an ask me anything (AMA) on the official Neo Telegram channel. In conjunction with the AMA, OKEx held a trading campaign that rewarded users for registration and NEO trading activity on the exchange, which concluded on Sunday, June 28th. OKEx tentatively expects to distribute rewards for KYC verification within five business days and prizes for trading activity within ten business days following the event’s conclusion.

NNT Catch Up

O3 Labs recently conducted an AMA via Reddit – the team’s first full-scale community outreach since announcing it was under new management in May 2020. Participants were invited to post questions for the AMA via Twitter and Reddit, with the O3 Labs team responding over two days. O3 Labs answered questions regarding plans for the O3 Wallet, goals of the new team, trends in the blockchain industry, plus more.

Neo and MADANA announced a partnership to explore the benefits of confidential computing for blockchains. The initial collaboration with Neo will focus on the evaluation of NeoFS for use alongside MADANA’s secure processing applications. Potential applications may involve the use of NeoFS as a decentralized storage platform for data while it is not actively used. At the same time, MADANA’s solutions can provide infrastructure for securing data while in use.

Developer Groups

NEO Tracker announced the integration of a fiat-to-crypto onramp via MoonPay. Users who are over the age of 18 can now purchase NEO with a debit card, credit card, or direct bank transfer. However, US-based NEO purchases are currently unavailable.

Neo St. Petersburg Competence Center (Neo SPCC) released an article that highlighted a variety of updates made after the team upgraded all of Neo2’s TestNet consensus nodes with neox-preview1. The release of the C# node added new features, predominantly cross-chain functionality. The implementation now allows nodes to gain state reference for Neo blocks, which can be used by other chains while also allowing Neo to check for non-Neo signatures.

Ecosystem

June 22nd, NEXT released v2.4.0 of its NeoLine mobile wallet, which includes optimisations and support for non-fungible tokens.

June 23rd, Switcheo released an article that highlighted proposed incentive mechanisms and use cases for its SWTH token on its soon-to-launch standalone blockchain, Switcheo TradeHub. The article examined potential reward distributions from an insurance fund, liquidity pools, and staking. Further, Switcheo aims to integrate governance and voting mechanisms on its new blockchain.

June 23rd, NEXT held a promotion that allowed users to claim a NFT collectible t-shirt and exchange it for a real t-shirt within the NeoLine wallet. The event was open to the first 500 individuals to participate, however, only mainland China users were able to claim the physical shirt.

June 25th, Nash released an article highlighting the value of building a community around a project, giving back to token holders, and direct lines of communication with project leadership. The article also highlighted the Nash community translation project and its ambassador program.

Token Listings

Nash to list ERD with BTC and USDC markets.

Switcheo delists SENNO.

Switcheo lists COMP with ETH market.

Switcheo lists BAL with ETH market.

Events

July 4th: Da Hongfei speaking at the Chain Plus Blockchain New Finance Summit in Shanghai, China.

July 6th: Da Hongfei keynote speech at Unitize Blockchain Conference virtual event.


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