General Updates
Neo opened its new office at the Cyberport, following the success of the Neo APAC Hackathon finale in Hong Kong. The move is intended to strengthen the Neo ecosystem by attracting talent and investment from the emerging Web3 hub. As part of the deal, Neo will join the Cyberport Incubation Programme, receiving financial aid and key networking opportunities, including potential for collaborations with local enterprises and universities. Over 200 Web3 projects are currently active within the Cyberport ecosystem, providing Neo an opportunity to expand its presence in the region.
Neo launched the alpha version of its Neo X TestNet. This latest iteration brings improvements to the network’s performance and user experience, marking another step forward in Neo’s EVM sidechain development. The Alpha Version of Neo X TestNet features several enhancements, including multi-nodes and consensus module improvements, and an interoperability layer from Neo N3 TestNet to Neo X TestNet.
NEO and GAS were listed on the Bithumb custodial exchange with pairs against KRW. According to CoinMarketCap, at the time of press, Bithumb had US $635 million in 24-hour volume.
Pixudi released an article offering an overview of integrating the NeoFS distributed object storage network into a dApp.
Mega Oasis announced an upcoming free NFT mint that will begin on Feb. 6.
Flamingo shared statistics on the FLUND single-sided staking pool for Week 4 of 2024, noting a total value of approximately US $8.16 million, total minting rewards of $3.34 million, and total trading fee rewards of $627,000.
NNT Catch Up
NNT released episode 56 of the Smart Economy Podcast featuring Parker McCurley, co-founder and CEO of Decent DAO, a builder collective creating DAO, DeFi, and other Web3 tooling and services for institutional and retail clients. Topics of discussion include lessons learned from navigating multiple crypto cycles, the inner workings of Decent DAO, Decent DAO’s Ethereum ethos, its product offerings, the educational value of open-source communities, and more.
NNT’s editors co-hosted Crypto Coffee and Blockchain Beer Spaces #4 on the Smart Economy Podcast X account and were joined by the founder of Quirky Soul College, Michael Fabozzi. Topics of discussion included attracting EVM talent, how Neo X may improve user growth, benefits of the dual-token model, building in the Neo ecosystem, upcoming plans for the Quirky Soul College dynamic NFT game, and new GAS use cases.
COZ CEO Tyler Adams was featured in a Techopedia article involving the future of NFT projects, and the role that non-fungible items will have in the Web3 space moving forward.
Events
Feb. 8: Smart Economy Podcast hosting Crypto Coffee and Blockchain Beer Space.
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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