NEO
Neo Global Development announced the winners of the Polaris Launchpad hackathon event, awarding prizes from a US $500,000 pool. Five grand prizes were available across five Polaris Launchpad categories, in addition to 14 excellence awards and one special mention award. The winning projects included:
- Best DeFi Project: Pumpkin Swap, a Uniswap-like non-custodial exchange
- Best DAO Project: NeoDao, a toolkit and client-side Javascript library for building DAOs
- Best General Project: Bamboo, a social media platform to bridge Web2 and Web3
- Best Metaverse and NFT Project: DogeRift, a GameFi app built on Neo
- Best Oracle or NeoFS Middleware Project: Greenfinch, a decentralized dropbox built on NeoFS
The third and final phase of the Polaris Launchpad, Polaris Plus, begins June 8 and runs through June 21. This portion of the event will take place on the DoraHacks platform. The Neo community will contribute GAS to their favorite projects, which NGD will then match through quadratic funding from a minimum $57,500 pool.
NGD released Neo-CLI v3.3, featuring a range of new functionality, including snapshot isolation and new opcodes for supporting zero-knowledge applications. Unlike most previous updates, v3.3 includes code-level price changes, requiring a coordinated hard fork.
NGD announced it is increasing the EcoBoost fund to US $200 million to bolster the onboarding of dApps, projects, and teams into the Neo ecosystem. NGD intends the funding increase to signal an expanding commitment to supporting high-potential projects building on Neo N3.
NGD extended the Neospective round two deadline to July 5, 2022, and will increase the first place prize from $1,000 to $1,200. Neospective is an ongoing creative competition sponsored by Neo Global Development. In round two, the Neo community’s task is to create a mascot for the Launchpad series of hackathons.
NNT Catch Up
Neo News Today released episode six of the Smart Economy Podcast featuring, Snake Plissken, CAO of Elk Finance. Discussion topics included how the DeFi platform achieves cross-chain interoperability, Elk Finance’s impermanent loss protection, the types of contracts it deploys, using NFTs for access to cross-chain proxy token services, and more.
Neo SPCC recently published an article detailing how the team has approached management of blockchain state data in NeoGo. The article acts as a primer on the types of data stored by a Neo node, the challenges in safely deleting old state data, and includes benchmarking results that show how the tail-cutting measures included in NeoGo will impact a node’s performance and DB size.
Ecosystem
May 30, Mercurial Apps released the TOTHEMOON NFT token trader, allowing users to trustlessly trade for TTM NFTs. As part of the recently established partnership, TTM and Mercurial Apps will split fees, 0.1 GAS each, accrued in any trade on the platform.
May 31, Nash announced a rebrand, which included a change to the color schema, logo, and a unique new font.
May 31, Everstake released a user guide on participating in Neo’s governance using bNEO and swapping NEO for bNEO on the Neo Burger website.
June 1, Switcheo released its monthly report for May 2022, which noted a new trading interface on the Demex non-custodial exchange, an upgrade to the Carbon blockchain, and more.
June 1, Flamingo released a beta version of its new advanced trading page, bringing a familiar user interface similar to traditional centralized exchanges. The new trading section allows the user to search for specific trading pairs, view each pair’s trading history, and execute trades.
June 2, Binance Staking launched its locked staking feature for NEO and is offering rewards to incentivize users of its product. Two concurrent reward campaigns will conclude at 11:59 a.m. (UTC) on June 12, 2022.
June 2, Forthewin Network announced it is hosting an initial DEX offering of its NEP governance and utility token. The public token sale will take place on FTW’s IDO module beginning at 6:00 p.m. (UTC) on June 14, 2022.
June 3, Flamingo released metrics for May 2022, which noted an increase in trading volume and counts.
June 3, Humswap raised the minting price of its BOWLs from 9 GAS to 18 GAS.
June 5, Forthewin Network proposed a logo for the upcoming NEP NEP-17 token and will conduct a community poll to determine the final branding.
Events
June 9 – 12: Neo is hosting a booth at Consensus 2022 in Austin, Texas.
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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