Neo Weekly Eco Update: TOKEN2049, Antitoxic-MEV Mechanism, xUSD Stablecoin Launch, and More

Neo hosted a booth at TOKEN2049 in Singapore featuring the BlockSpirits activation, an on-chain P2P game built by COZ that allows players to battle

Neo participated in several events and initiatives throughout the week, including hosting a booth at TOKEN2049 featuring the BlockSpirits activation. Neo also engaged in multiple forums, participated in a Cointelegraph article, and saw several updates from projects in the Neo ecosystem.

Here’s a summary of the latest Neo updates for the week of Sep. 18 - 24, 2023.

General Updates

Neo hosted a booth at TOKEN2049 in Singapore featuring the BlockSpirits activation, an on-chain P2P game built by COZ that allows players to battle digital characters against one another. Participants who accumulated points from battling were entered into an on-chain draw to win a PlayStation 5, Nintendo Switch, Marshall speakers, or a DJI drone. Additionally, Neo participated in multiple forums before and during TOKEN2049, including panels, co-hosting events, and hosting a coffee chat side event.

Neo was featured in a Cointelegraph article entitled Antitoxic-MEV mechanism to tackle blockchain’s ‘invisible taxes.’ The article discusses the consequences of MEV on retail blockchain users, Neo’s core technology, and how Neo’s tech can be leveraged to combat MEV.

Carrot Swap launched its xUSD stablecoin on the Neo X EVM sidechain. xUSD is a collateralized stablecoin backed by USDC and USDT persisting on blockchain networks like BNB Chain, Arbitrum, and Base.

Math Wallet added support for Neo X into its non-custodial, multi-chain web, mobile, desktop, and hardware wallet.

World of Elements released v1.08, which included new content (i.e., quests, items, skills), improved balancing, better performance, new ways to earn FRANK NEP-17 tokens, and more.

Frank Coin hosted a livestream to showcase new features in the WoE v1.08 update. Frank Coin also hosted a community quiz on the team’s official Telegram channel, where the top three participants each won 80 FLM, and ten random winners each won 40 FRANK tokens.

Flamingo Finance launched an updated version of the Swap-Pair Contract on Neo N3. Flamingo lead designer SOMNIUMWAVE released an X thread outlining the features of the forthcoming successor to the FLUND single-sided staking token, FLOCKS.

TOTHEMOON released the latest installment of its Under The Hood series, detailing its custom looping moon terrain engine. The Under The Hood series is designed to offer weekly updates on development progress, with previous installments focusing on TTM’s Moon Fish, Cargo Hauler, and Hover Craft.

Asteroneo distributed airdrop points to wallets that purchased NeoNauts NFTs. Each NeoNaut yielded the token holder 200 points.

Neobox added new quests to its Telegram-based app, announced plans to launch a new mini-game that will reward participants with points, and stated its intentions to release new weekly features.

Events

Sep. 24: Meme2Earn hosting Community Fireplace AMA on official Discord server.

Sep. 24: Flamingo Finance hosting Community Lagoon AMA on official Discord server.

Sep. 27: NNT editors hosting CC & BB #35 on The Smart Economy Podcast official X account.