General Updates
Neo announced a partnership with AIOZ Network, a decentralized infrastructure platform designed to power Web3 applications through a combination of blockchain technology and DePIN. The team aims to provide scalable and efficient solutions for use cases such as decentralized storage, AI computation, and media streaming.
ITEM Systems released its 2025 Corporate Roadmap, detailing strategic initiatives to advance non-fungible item technology and expand market presence. Additionally, the team has identified products they seek to roll out in the coming seven months that will leverage NFIs to assert authenticity across different verticals.
SpoonOS partnered with OORT, a decentralized cloud computing platform designed to support developing and deploying trustworthy AI applications. By integrating OORT’s decentralized API stack (i.e., DataHub, Storage, and Compute), SpoonOS aims to unlock access to a robust suite of decentralized AI infrastructure.
SpoonOS also partnered with Mind Network, a Web3 infrastructure project that leverages fully homomorphic encryption to enable secure, private, and decentralized AI agents. It serves as the first FHE-powered restaking layer for AI and PoS networks, aimed at facilitating encrypted computation and consensus across various dApps.
Enclave Wallet announced that its team has been dissolved, and its products have been discontinued. Enclave cited an inability to secure support from the ecosystem as the reason for its inability to sustain and grow. Enclave Wallet was a web-based wallet on Neo N3 designed to offer a familiar and intuitive Web2-like experience without sacrificing the core benefits of blockchain technology.
Flamingo Finance noted that Epoch 8 has concluded with a total payout of US $10,981.18, burning 277,717 FLM.
Meme2Earn burned 442 trillion NUDES tokens, which was 4.42% of the total supply at launch. The total number of tokens burned now accounts for 69.42% of the token supply.
Frank Coin hosted a GasBot trivia contest on the Frank Coin channel of the NeoF1 Discord server, distributing 3 GAS in rewards to participants. Frank Coin also hosted a Telegram game event, where 10 random participants each won 40 FRANK tokens, and the top player won 100 FRANK.
Developer Updates
NEXT released version 5.5.0 of its NeoLine extension wallet, which is fully compatible with the Firefox browser. The extension wallet enables users to manage their assets and connect to decentralized applications via the DAPI protocol. It currently supports both Neo N3 and Neo X networks, offering a built-in bridge for transferring assets between them.
Neo SPCC released NeoFS Gateway v0.38, which included a set of optimizations and bug fixes.
COZ released Neon Wallet Desktop v3.7 and Neon Wallet Mobile v1.8, featuring new enhancements including a redesigned transaction history interface, action search, transaction exports, and improved GAS claiming.
NNT Catch Up
NNT hosted Crypto Coffee and Blockchain Beer Spaces #62 on the official The Smart Economy Podcast X account. Topics of discussion included issues with Neo’s governance, on-chain voter personas, changing GAS reward distributions, on-chain and off-chain methods for validating Council participation, and the pros and cons of Neo Burger.
Events
June 5: Neo Smart Economy Japan hosting X Space with Ratte Game.
June 6: NNT hosting CC & BB #63 on The Smart Economy Podcast official X account.
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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