NEO
April 9th, NEO won the most recent CoinDeal community vote to be listed on the Malta-based centralized exchange. CoinDeal plans to list the NEO token on the exchange before May 3rd, 2019.
April 10th, NEO Global Development (NGD) released meeting minutes from the fourth Digital Asset Alliance virtual roundtable, which is an initiative that discusses security token related issues. Participants included entities from various industries, including Bridge Protocol’s Stephen Hyduchak. Topics of discussion included differences between initial exchange offerings (IEO) and security token offerings, tokenizing physical assets, and the influence of traditional financial institutions, among others.
On April 12th, NEO co-founder Da Hongfei attended the Asia Pacific Blockchain New Finance Summit in Singapore. Da gave a presentation on the topic of “Mainstreaming Token Economy.”
NNT Catch Up
NGD held its first workshop in Zürich, Switzerland at the Swisscom Blockchain office. Lili Zhao, director of NGD’s Swiss office, hosted the event while neow3j co-founder Dr. Guilherme Sperb Machado and NEO developer Rendong Liu conducted the workshop. The event provided an introduction to digital assets on NEO and had over 20 participants.
The workshop was followed by a three-day NEO developer training event hosted by the Swisscom Blockchain Academy from April 8th through the 10th. The focus of the program was on how to develop smart contracts and dApps on the NEO blockchain.
Trinity Protocol released two articles highlighting technical development in addition to the team’s perspective on industry discussions surrounding Layer 2 scaling solutions. The team planned to integrate its state channel technology directly into the neo-gui wallet, with later support planned for light wallets via neo-cli RPC nodes. This is hoped to “make micropayments more light and convenient” and “promotes the mass adoption of crypto payment.” To conclude its reports, Trinity reiterated its focus on the user experience of its scaling solution.
Developer Groups
April 9th, NEO St Petersburg Competence Center (NEO SPCC) released an article that highlighted the team’s approach to “constructing distributed message log in a decentralized system.” The distributed message log is still “in heavy development” with more details to be provided at a later date.
April 11th, NewEconoLabs (NEL) released an article covering the LightDB project, which aims to minimize the costs associated with transactional requirements of data processing. The project addresses functions such as P2P network, RPC interface, database read and write, and execution of smart contracts. These functions “work together to ensure that nodes synchronize data in time and provide accurate data to users.”
Ecosystem
April 8th, O3 Labs integrated a GAS to NEO swapping functionality through its dAPI. The O3 Swap allows users to buy NEO and GAS with other popular cryptocurrencies.
April 9th, Thor Token announced it was shutting down operations stating, “we did not achieve the commercial success we were looking for.” Thor’s token sale ended on April 6th, 2018, raising 26,727 NEO, 4,296 GAS, and 1,819 ETH, approximately US$1.9 million at the time. 7,069,224 THOR tokens were distributed, with 50,000,000 remaining in the company hands, and 42,930,776 tokens burnt.
April 11th, NEO News Today highlighted CryptoFast, a NEO-based racing game that allows players to create, customize and race cars. Official development on the game began in August 2018, following incubation in March the same year. Intensive development is still underway, with the team planning to launch a series of game asset pre-sales in May 2019. CryptoFast’s in-game assets are stored on the NEO blockchain as NFTs and will represent items such as cars, replacement parts and also tuning parameters.
April 11th, Switcheo released its plans for Q2 2019 and beyond, along with a look back at the milestones that the development team accomplished in the first quarter of the year. Some items included the “Atomic Swap” feature entering private beta on April 16th, 2019, the addition of EOS trading in Q2, pushing forward with development of its previously announced independent blockchain, and other quality of life improvements.
Token Listings
Events
April 20th: NEO JOY 2019 – Beijing
April 23rd: NEO Colorado workshop – Denver
April 27th: Nash Quarterly Report – London
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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