General Updates

Neo Global Development released Neo’s Financial Report & Insights for Fiscal Year 2025, the project’s first comprehensive public financial disclosure since the 2019 financial report published in April 2020. The report covers consolidated treasury assets of US $460.8 million, a full expenditure breakdown, the status of the investment portfolio, and a restructuring roadmap targeting four major transitions by the end of 2026.

Neo X TestNet v0.5.2 was released, a patch upgrade for its EVM-compatible blockchain that introduces infrastructure changes tied to newer Ethereum client behavior, expands support for EIP-4844 blob data, and updates the network’s peer-to-peer communication model.

Neo co-founder Da Hongfei released an op-ed on how he believes AI is increasingly being framed as the next major demand driver for public blockchain networks, and what Neo’s role will be in that future. The article makes the argument that autonomous software agents will become the primary on-chain users over the coming decade, calling for a “Humanless Blockchain” strategy.

Additionally, Da disclosed that two firms have verbally agreed to conduct a financial audit or due diligence report on Neo’s treasury, with at least one expected to be secured by the end of March. The announcement came during a live AMA on X Live on March 4, Da’s first public appearance following the simultaneous release of Neo’s FY2025 financial report and an AI strategy article outlining Neo X’s agent-native blockchain vision.

Neo Global Development launched an official X account, which will focus on the execution arm of the Neo ecosystem, including ecosystem growth, strategic partnerships, investments, operations, technology, and development.

Neo core developers held their first meeting following the Lunar New Year holiday, where they discussed NeoSPCC’s light RC proposal to simplify the NeoVM reference counter. According to the team, benchmark results suggest the change could significantly improve NeoVM performance and further support progress toward three-second consensus.

COZ distributed 446 NEO across two ecosystem contributions in the second round of its relaunched Proof of Working program. The recipients are a Supabase starter kit enabling Neo N3 wallet-based authentication and HushNetwork, a decentralized social platform building on Neo N3. The Proof of Working program awards weekly NEO token distributions determined by the COZ Council. Submissions are open to builders, educators, analysts, and researchers, and all work must include publicly accessible proof of delivery.

nDapp released a weekly N3 GAS check-in, noting that network users claimed approximately 160,815 GAS over the past week and that on-chain activity burned about 276 GAS.

NNT hosted a GasBot Trivia round where participants had a chance to compete for a pool of 4 GAS rewards.

Frank Coin hosted a Neo trivia contest on X, rewarding participants with 4 GAS, and requiring each participant to prepare their own Neo N3 wallet address.

Developer Updates

COZ released a new set of open-source Appkit adapters that allow developers building on Neo N3 and Neo X to integrate wallet connections with a single setup. The adapters plug into Reown AppKit, formerly WalletConnect AppKit, which supports over 600 wallets along with features like social logins and multi-chain authentication. The AppKit adapters shift the focus to the dApp side, providing developer tooling that removes the need for custom wallet connection implementations.

R3E Network announced that Live APIs for Neo N3 are now available through N3Index. The service offers two integration modes: a polished product API for frontend applications and a raw query layer for advanced data users.

R3E Network also deployed a new domain system for Neo N3 called .matrix. The domains are free to register and do not expire, and domain names linked to wallet addresses will now appear in place of raw addresses on Neo3 Scan.

And finally, R3E Network added abstract account and EVM wallet support to Neo3 Scan, enabling EVM accounts to be automatically mapped to Neo N3 abstract accounts. The update is designed to improve compatibility for users connecting through EVM wallets while simplifying access to Neo N3 accounts.

Neo SPCC announced that NeoFS will transition to TLS-only connections, with insecure gRPC endpoints on port 8080 scheduled to be deprecated on March 11 for TestNet and April 15 for MainNet. Users are advised to update their applications, gateways, and settings to use TLS-enabled endpoints.

NNT Catch Up

NNT hosted Crypto Coffee and Blockchain Beer Spaces #86 on the official The Smart Economy Podcast X account. Topics of discussion included OpenClaw’s pros and cons and hype versus reality, how to identify people bending the truth about their OpenClaw’s abilities, AI context windows and model costs, how AI makes learning code simple, and how tools today make it possible for anyone to build.

Events

March 13: NNT hosting CC & BB #87 on The Smart Economy Podcast official X account.

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