Neo Launches Innovation Surge with Neo X Beta TestNet and More

The Neo ecosystem has witnessed significant advancements, marked by the launch of the Neo X Beta TestNet, featuring multi-node governance and an enhanced bridge between Neo N3 and Neo X. Notable developments include an academic paper exploring a novel random number provider for BFT consensus, the release of an NFT collection at Paris Blockchain Week 2024, and the addition of a new game and document editor to Neobox. The ecosystem continues to expand, with Meme2Earn, Carrot Swap, and Flamingo providing updates on their projects. NNT has released a podcast episode featuring Agoric, and Neo has released a video showcasing the Web3 Festival in Hong Kong. NEO is now listed on the Kraken Pro perpetual futures exchange.

Neo Embarks on a Surge of Innovation with the Launch of Neo X Beta TestNet and Other Exciting Developments

Neo X Beta TestNet Emerges with Multi-Node Governance and Enhanced Bridge

As Neo's relentless pursuit of MainNet launch continues, the highly anticipated Neo X Beta TestNet has been unveiled, heralding a plethora of advancements. This latest iteration introduces multifaceted multi-node governance capabilities, empowering the community with greater control over the network's direction.

Furthermore, Neo X Beta TestNet boasts an enhanced, bi-directional bridge between Neo N3 and Neo X, seamlessly facilitating cross-chain interoperability and asset transfers. This bridge serves as a gateway for developers to harness the strengths of both platforms, maximizing the potential for innovation within the Neo ecosystem.

Governance Upgrades Define GAS's Role in Neo X

Recognizing the need for refined governance mechanisms, Neo X Beta TestNet incorporates governance upgrades that redefine the usage of GAS, the network's sole native asset. Unlike the dual NEO/GAS token model employed in Neo N3, Neo X adopts GAS as both a governance and utility token, solidifying its central role within the ecosystem.

Neo Researchers Unveil Novel Random Number Provider Protocol

Neo Global Development and R3E Network researchers have made a significant contribution to blockchain technology with the release of an academic paper detailing a novel random number provider protocol for BFT consensus-based blockchains, such as Neo N3 and Neo X. This groundbreaking research aims to address the challenges associated with generating verifiable random numbers in decentralized environments, a crucial requirement for various blockchain applications.

Neo Hosts Unveiling Neo X: Dive into the Beta Version Twitter Space

In an interactive Twitter Space, Neo provided an in-depth look at Neo X, engaging with the community and shedding light on the platform's capabilities. Experts from AxLabs/Bane Labs, Neo SPCC, R3E, and NGD joined the discussion, delving into topics such as new core developers, the features of Neo X's EVM sidechain, governance rewards, and much more.

Neo Sponsors AI x Crypto Hackathon, Fostering Innovation

Extending its support to the blockchain and developer community, Neo is sponsoring the AI x Crypto Hackathon organized by BeWater. This global event offers a substantial prize pool of $60,000, with Neo contributing an additional $2,000 for the Bounty track. The hackathon encourages participants to showcase their ingenuity by building innovative projects deployed on the Neo X TestNet.

ITEM Systems NFI T-Shirt Collection Debuts on GhostMarket

The non-fungible item (NFI) t-shirt collection created by ITEM Systems at Paris Blockchain Week 2024 has made its way onto GhostMarket, a leading marketplace for digital collectibles. This collection represents a fusion of art, fashion, and technology, empowering individuals to express their creativity through personalized NFI-integrated t-shirts.

GrantShares Proposal for NDEX Token Generation Platform Gains Traction

The GrantShares proposal for NDEX, a NEP-17 token generation and distribution platform, has garnered significant support from the community. With four votes already cast in favor, NDEX aims to simplify the creation and distribution of tokens within the Neo ecosystem, fostering a more vibrant and inclusive token economy.

Neobox Expands Arcade and User Interface, Launches Community Campaign

Neobox, a user-friendly interface for Neo, has added a new arcade game, 3702, and a document editor to its DropBox-like interface. These enhancements enrich the user experience, providing additional entertainment and productivity tools. Additionally, Neobox has launched a TaskOn community campaign, offering rewards to users who contribute to its social media engagement and outreach.

Pixudi Integrates Swipelux Fiat On-Ramping Service

Pixudi, a gaming platform, has integrated swipelux, a fiat on-ramping service that enables users to purchase in-game card packs using a credit card. This integration simplifies the process of acquiring in-game assets, making gaming more accessible to a broader audience.

Meme2Earn Releases Community Fireplace Recording, Discusses Zealy Campaign

Meme2Earn has released a recording of its March 2024 community fireplace, which covered various topics, including the conclusion of the Zealy monthly campaign and the rationale behind using Zealy instead of TaskOn for community campaigns. The team's insights provide valuable lessons for community engagement strategies.

Carrot Swap Announces NFT Airdrop for TestNet Participants

Carrot Swap, an AMM-based non-custodial exchange being built on the Neo X EVM sidechain, has announced an upcoming NFT airdrop for users who have participated in its TestNet campaign and obtained a role on its Discord server. The NFTs will initially be deployed on Neo X TestNet, with a subsequent MainNet launch once it becomes available.

Flamingo Releases Community Lagoon Recording, Highlights OrderBook V2 Updates

Flamingo, a decentralized exchange, has released a recording of its March 2024 community lagoon. The discussion focused on OrderBook v2 updates, GAS cost optimization, the importance of reducing GAS fees for calling Neo contracts, and various marketing initiatives. Flamingo also shared statistics on top pools by trading volume, showcasing the platform's continued growth and popularity.

NNT Catches Up with Rowland Graus, Director of Agoric

Episode 62 of The Smart Economy Podcast featured Rowland Graus, Director of Product Management and Developer Relations at Agoric, a smart contract platform designed to enhance the usability of blockchain networks. The conversation explored Agoric's specialized smart contract platform for JavaScript developers, cross-chain interoperability within and outside the Cosmos Interchain, and the integration of stablecoins into the Agoric ecosystem.

NNT Editors Host Crypto Coffee and Blockchain Beer Spaces on EVM Significance

NNT editors hosted Crypto Coffee and Blockchain Beer Spaces #16 on The Smart Economy Podcast X, delving into the changing narratives surrounding Web3, the increasing significance of EVM, and the lessons learned from Neo's narrative evolution over the years. The discussion also highlighted the potential of non-EVM features to enhance the capabilities of EVM.

Neo Finalizes NFT Royalty Standard, NEP-24

Neo has finalized its NFT royalty standard, designated as NEP-24. This standard extends the functionality of NEP-11 NFT smart contracts, enabling creators to specify royalties that will be honored on resales of their digital assets. The implementation of the royaltyInfo method allows NFT contracts to define single or multiple royalty recipients, ensuring fair compensation for artists.

Neo Highlights Web3 Festival Experience at Hong Kong Event

Neo shared a captivating video showcasing the on-ground experience at the recent Web3 Festival in Hong Kong. The video captures the enthusiasm and excitement surrounding blockchain technology, featuring interviews with industry experts and attendees.

The Smart Economy Podcast Featured in Stand With Crypto Series

The Smart Economy Podcast was featured in the Stand With Crypto Founder Spotlight clip series, highlighting the innovative and non-speculative applications of blockchain, crypto, and Web3. The podcast's contributions underscore the transformative potential of these technologies in fostering a more equitable and inclusive digital economy.

Upcoming Events

• April 30: Meme2Earn Community Fireplace on Discord
• April 30: Flamingo Community Lagoon on Discord
• May 3: Crypto Coffee & Blockchain Beer Spaces #17 on The Smart Economy Podcast X

Token Listings

NEO has been listed on the Kraken Pro perpetual futures exchange, expanding its accessibility to a wider audience of traders and investors.