BLOG June 27, 2023

Neo Global Development (NGD) General Monthly Report: May 2023

In May 2023, Neo embraced a relatively calm period, following up on opportunities from recent previous events and preparing for new ones. Neo additionally engaged with the Neo community and beyond by collaborating with Alchemy Pay to educate Neo and Alchemy Pay users about the benefits of Neo’s recent integration of Alchemy Pay’s payment gateway, taking on a validator role in the KaratDAO ecosystem, and more; and the developer communities and projects in the Neo ecosystem continued to build, collaborate, and grow. Read the month’s highlights below.

Neo General Updates

🎉Capping off Consensus 2023 and anticipating new events

In April, Neo and numerous Neo community projects had a notable presence at Consensus 2023, showcasing a remarkable level of innovation and collaboration. Neo shared a lookback on the highlights and insights from the event in a recap article and a Twitter Space session. 

Those eager to delve deeper into Consensus 2023 can also explore Neo News Today’s comprehensive gallery featuring video and audio content captured on the ground.

Looking ahead, Neo has exciting plans to organize and participate in numerous industry events throughout the rest of the year. We look forward to meeting you, so follow our Twitter account to stay updated on what’s next.

OneBand, an exceptional Non-Fungible Item (NFI) developed by COZ, one of the largest developer communities in Neo's ecosystem, achieved significant success at Consensus 2023. Building on this success, as part of a collaborative endeavor to promote wider adoption of the OneBand ring across various industries, in May COZ announced a partnership with Neo and Degenz.wtf. This partnership leveraged OneBand’s capabilities to facilitate the auction of an NFT with a movie theme, aimed at supporting charitable causes. The auction took place in June at the Tribeca Film Festival in New York. Additional information can be found in the upcoming "Neo Global Development General Monthly Report: June 2023,"

🙌 Joining KaratDAO ecosystem as a Validator

Neo also joined the KaratDAO ecosystem as a Space Odyssey Genesis validator. 

KaratDAO is a decentralized identity and data network that aims to bridge Web2 and Web3 by leveraging multi-party computation and zero-knowledge proof technology. Space Odyssey is an activation campaign for the new Karat Network launch designed to onboard new users. Users that register with Karat Network and select a validator node can earn rewards and become eligible for future airdrops.

📊 Neo N3 Blockchain Data

Since launching nearly two years ago, Neo N3 has demonstrated both growth and stability, thanks to the contributions of our dedicated community and the ongoing support of NGD. We are pleased to share some key metrics highlighting the current status of the Neo N3 blockchain.

These metrics showcase Neo N3’s continued successful journey and the positive impact it has made in the blockchain space. We remain committed to further development and expansion, driven by the support and engagement of our community and pushing toward the ultimate goal of enabling a future-optimized digital world. 

Community Engagement

🎙️ AMA with Alchemy Pay

In April, Neo delivered another significant step forward in ease of doing business worldwide by integrating Alchemy Pay's payment gateway. Thanks to this integration, Neo users can now use their preferred local fiat currencies to seamlessly purchase cryptocurrencies. 

Neo took part in Alchemy Pay’s May 26th Twitter Space AMA as part of the new collaboration. The session engaged the Alchemy Pay community, reintroduced the Neo project, and delved into the continued partnership efforts aimed at enhancing on-ramping experiences.

🤖 NeoChat ChatGPT creation competition wrap-up

To celebrate the launch of NeoChat, Neo held a content creation competition centered around the Neo N3 ecosystem. The Neo community came through with an abundance of impressive and entertaining submissions. Active participants were rewarded for their creations, votes, and valuable suggestions with a share of a pool of nearly 500 GAS tokens. The submitted works inspired by the Neo ecosystem are available to explore here.

Ecosystem News

⚒️ Development Update

On May 12th, leaders from eight Neo community development groups (AxLabs, NNT, NEXT, NeoResearch, NeoSPCC, NGD Digital Labs, NGD Enterprise, and Red4Sec) presented their February and March progress in a video update and shared their upcoming plans. 

🖊️ Media Coverage

R3E Network co-founder Jinghui Liao recently published an insightful article on Nasdaq titled "Zero-Knowledge Proofs: The 'Swiss Army Knife' of Privacy Tech." The article provides a comprehensive overview of how Zero-Knowledge Proofs (ZKPs) can effectively safeguard privacy, authenticate identification, and protect sensitive information. The article also showcases various real-world use cases.

🌱 Ecosystem Project Updates

Neo News Today compiles weekly reports on the progress of various projects within the Neo ecosystem. The reports cover a wide range of topics including, but not limited to, product updates, NFT/token releases, airdrops, and other market or community activities. Please see below for the updates on projects within the Neo ecosystem for the month of May.

May 1 - May 7

Neo News Today, R3E Network, Quirky Soul College, DogeRift, Neo Soccer, Flamingo Finance.

May 8 - May 14

NGD, KaratDAO, GhostMarket, Dogrift, Flamingo Finance, COZ, Neo News Today.

May 15 - May 21

Flamingo Finance, Meme2Earn, TOTHEMOON, GreenFinch, Neo News Today.

May 22- May 28

Unlocking the Chain, Neo Soccer, GrantShares, Flamingo Finance, Neo News Today.

May 29 - June 4


🤔 Your Input Counts: What Do You Want to See in the Neo General Monthly Report?

As an open-source and community-driven blockchain, Neo is always open to listening and learning from you, our community members. Do you like what you see here? Do you have ideas for improvement? We welcome you to share your thoughts below. We’ll continue to finetune the monthly report to meet your needs. 

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