Neo Partners With Phoenix to Drive AI-Enhanced Blockchain Adoption for the Neo Ecosystem

Neo has announced a new partnership with Phoenix, a decentralized AI infrastructure provider. The two entities will collaborate on exploring how AI can accelerate blockchain technology and drive mass adoption on Neo X.

Neo has announced a new partnership with Phoenix, a decentralized AI infrastructure provider. The two entities will collaborate on exploring how AI can accelerate blockchain technology and drive mass adoption on Neo X.

The partnership will see Phoenix’s suite of solutions being integrated into the Neo ecosystem, covering a broad spectrum of applications. These include AI computer power services, content generation for NFTs, GameFi, and metaverse use cases, and the provision of AI trading signals for decentralized exchanges in the Neo ecosystem.

According to Neo’s announcement, Flamingo Finance is currently engaged in discussions with Phoenix to explore the integration of AI into its platform to enhance its capabilities.

The Phoenix team is not entirely new to the Neo ecosystem, having previously operated under the Red Pulse banner. Red Pulse, which conducted the first public token sale on Neo, began as a subscription newsletter covering China’s capital markets before evolving into a market intelligence platform connecting Western investors with information in the Chinese markets.

In 2019, Red Pulse introduced the Phoenix product, which aimed to use machine learning and natural language processing to implement full and semi-automated matching of insights and industry experts to clients.

By 2019, the platform had attracted nearly 250 freelance contributors who shared insights on China’s capital markets and earned PHX tokens. The team was also tailoring services to retail and institutional clients through different offerings, and began to explore more AI-enabled solutions.

That same year, Red Pulse also announced the integration of support for Binance Smart Chain, and had the PHX token hosted on Neo and the PHB token on Binance Chain.

In 2021, ahead of the launch of Neo N3, the team asked users to migrate tokens from Neo to Binance Smart Chain, as it was decommissioning its support for Neo Legacy.

The full partnership announcement can be found at the link below:

https://medium.com/neo-smart-economy/neo-partners-with-phoenix-to-drive-ai-enhanced-blockchain-adoption-for-the-neo-ecosystem-26f3d873362d