Neo has announced it has joined the decentraLizEd Data Governance for nExt geneRation internet (LEDGER) Supportive Partner network to help build the next generation internet (NGI). As the blockchain industry has evolved from focusing on coins to chains, Neo founder and Neo Global Development (NGD) CEO, Da Hongfei, believes that the next emphasis will be on NGI.
Neo joins the Supportive Partner network alongside a variety of start-ups, technology development organizations, and blockchain entities such as the Ethereum Foundation and the IOTA Foundation.
The LEDGER entity was established in November 2018 and aims to “promote alternative models where data is a common good owned by citizens and wealth created by data-driven platforms is equally distributed.” The European Union (EU) subsidizes the program and aims to distribute up to €200,000 to projects at an equity-free rate.
In addition to funding, LEDGER provides a “venture builder program,” which provides assistance for teams that seek to build projects that support blockchain, peer-to-peer, or distributed ledger technologies. Through the program, teams receive up to 12 months of access to business mentors, camps, technological vouchers, training, and demo days. Each team that is successful in its application to the program will also receive an “expert researcher” in the LEDGER residence to assist the team through the entirety of the program.
Currently, LEDGER has opened its second round of applications and is seeking 32 projects that intend to build minimum viable products (MVP). The second open call is running from November 1st, 2019, through January 20th, 2020. LEDGER is seeking proposals that will impact the following verticals:
- Public Services
- Energy and Sustainability
- Open Innovation
Terms and the application process can be found at the link below:
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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