General Updates

Neo distributed the NEO token contributions made to the Neo Bond program as well as the earned interest. NEO returns began on May 6 at 4:00 a.m. (UTC) and were issued in daily batches through May 11. Each batch covered deposits made within a 24-hour window. In total, 5 million NEO were contributed to the Bond program by 553 unique wallet addresses, and 177,842 NEO were distributed to the participants. The program was introduced following an internal investigation into large-scale NEO token transfers that impacted the composition of consensus nodes and coincided with a significant decline in market value.

Neo’s ecosystem will staff a booth at Consensus 2025 taking place in Toronto, including representatives from Flamingo Finance, Nudes Token, NNT, and COZ.

SpoonOS announced partnerships with the following entities:

  • Distributed storage network AIOZ. AIOZ Storage is a secure, decentralized storage system that allows developers to quickly and privately store and access data.
  • SuperNet, an open-source, verifiable, composable intelligence network. The partnership will focus on integrating SuperNet’s LLM and leveraging its modular infrastructure for decentralized AI coordination and execution. This collaboration aims to facilitate transparent, programmable, and verifiable decentralized AI, driving trustless intelligent applications.
  • GoPlus Security, a decentralized Web3 security layer.  The GoPlus APIs will help AI agents and MCP servers verify smart contracts, wallets, and website safety.

SpoonOS also co-hosted an X/Twitter Space with FLock.io entitled Opening New Orbits in the AI Frontier, which was moderated by Neo Global Development marketing manager Rebecca, and co-paneled by NGD Head of Eco Growth John Wang and FLock.io developer relations lead Yifan. Those who joined the Space shared from a US $100 equivalent pool in GAS rewards.

Neo Ultimate Shop integrated support for payments using the GAS NEP-17 token. Additionally, nDapp added Neo Ultimate Shop to the Neo app and dApp discovery platform.

Neo Dashboard burned approximately 53,832 NEP-17 NDMEME tokens in the community-based project’s second token burn.

Frank Coin hosted a GasBot trivia contest on the FrankCoin channel of the NeoF1 Discord server and distributed 3 GAS in rewards to participants.

NNT Catch Up

NNT released Episode 89 of The Smart Economy Podcast featuring Paul Neuner, the founder and CEO of Telcoin, a pioneering company leveraging blockchain technology to provide low-cost DeFi products for mobile phone users globally. Topics of discussion include how state-chartered digital asset banks may offer a more efficient path to crypto adoption than federal charters, how Telcoin’s eUSD differs from traditional stablecoins, the emerging framework for merchant adoption of digital cash payments that could reduce fees from 3% to under 1%, upcoming stablecoin legislation in May 2025 that could accelerate mainstream crypto adoption, the roadmap for connecting 3 billion people to digital cash through local currency integration, institutional adoption and regulatory clarity as positive signals despite retail crypto market sentiment, and much more.

NNT hosted Crypto Coffee and Blockchain Beer Spaces #60 on the official The Smart Economy Podcast X account, which featured AxLabs founder Guil. Sperb Machado and NNT founder Dean Jeffs. Topics of discussion included TOKEN2049 takeaways, Lunar Strategy’s Crypto AI:CON side event and Neo’s blockchain marketing approach, discussion topics from Neo Centre Point, on-chain capital and/or activity as metrics, community-led initiatives, an RWA vision for Neo, and more.

Events

May 14 – 16: Neo at Consensus in Toronto.
May 23: NNT hosting CC & BB #61 on The Smart Economy Podcast official X account.