Neo News: Week in Review – May 27 – June 2

03.06.2024

General Updates

Neo announced ZNS Connect as the first naming service partner on the Neo X sidechain. The partnership is intended to enhance Neo X’s user-friendliness by bringing a reliable domain name service to the network. In addition to Neo X, the name service provider also supports BNB Chain, Polygon, and OKX L2.

Neobox announced a partnership with Aura Commerce, a cross-chain gaming marketplace that allows users to find new games, simplifies payments, and offers developer tooling and SDKs. Through the partnership, the teams aim to host tournaments on the Neo blockchain. Additionally, Neobox integrated TestNet support for the Neo X EVM sidechain.

Neo Global Development Head of Development Steven Liu joined an X Space hosted by BugRap entitled SafeHaven: Pioneering Security in BugRap Space to talk about safety standards in the blockchain ecosystem.

The GrantShares proposals for Tunestamp, a copyright recording project, and NDEX, a token generation and distribution platform, both expired in the “request for funding” phase of the grant request cycle.

Meme2Earn hosted a community fireplace on the official Discord server. Topics of discussion included new project partnerships for meme campaigns, the development of a Meme2Earn mobile app, the launch of a promotion center, and more.

Flamingo shared statistics on the top tokens by trading volume for Week 21 of 2024, noting approximately US $2.66 million in bNEO volume, $2.48 million in FLM volume, and $1.2 million in fUSDT volume.

Developer Updates

Neo SPCC released an article describing recent tests of Neo’s dBFT consensus mechanism on the NeoGo node implementation. Leveraging a distributed cluster with seven consensus nodes, the NeoGo network achieved 16,000 transactions per second, with a median of approximately 140 milliseconds per block.

NNT Catch Up

The Smart Economy Podcast attended CoinDesk’s Consensus 2024 conference and recorded 11 on-the-ground interviews with projects across various blockchain networks and facets of the Web3 industry. Interviews include representatives from Nounspace, Ampera Community, Concordium, Helika, Cordial Systems, FLock, Sovryn, Everstake, COZ, XYO Labs, and Arculus. The interviews are all available on the Neo News Today YouTube channel.

NNT editors hosted Crypto Coffee and Blockchain Beer Spaces #19 on the Smart Economy Podcast X, with special guest Tyler Adams, COZ CEO and ITEM Systems co-founder. Topics of discussion included COZ’s non-fungible item activation at Consensus 2024 in collaboration with The Smart Economy Podcast and Wachsman, the energy and tone of projects and people attending Consensus 2024, how NFI chip-embedded apparel can help market blockchain projects, and the easing of regulatory pressure in the US.

Neo joined the Blockchain for Good Alliance, an entity dedicated to innovating and implementing blockchain solutions for social good. Other alliance members include Solana, Alchemy Pay, ByBit, Animoca Brands, and NGC.