The Currency Analytics
By Steven Anderson
NEO Smart Economy Towards NEO3
NEO Smart Economy recently celebrated the 4th anniversary of the Neo MainNet launch. The Neo Foundation prepared an open letter for the entire NEO community.
The letter signed and dated October 17, 2020 expressed how there were several innovations at different layers in the blockchain universe, particularly with a focus in the DeFi…
Acknowledging that they are already very slow in terms of mass adoption, industry regulation, scalability and usability stated that they need to improve in many platforms.
They pointed to how throughout 2020, they were committed to building new standards for digital assets by collaborating and working with leading organizations like InterWork…
They pointed to major NEO milestones like the interoperability protocol alliance, with the Poly Network, as a founding member, together with Ontology, and Switcheo.
NEO have played a major role in pioneering heterogeneous interoperability, making cross-chain asset transfers and transaction atomicity possible by enabling cutting-edge…
NEO recalled how the “Mint Rush” touched $1.6 billion USD, where about $500M were cross-chain assets.
Sydney Ifergan, the crypto expert tweeted: “Neo3 they say is set to be future-proof full-stack blockchain solution with a decentralized files storage system - NeoFS and a DID…
NEO are furthering on their new governance and economic model consisting of a voting-based incentive mechanism.
They hope to invite everyone to experience Neo3 on the TestNet by the end of the year, and the Neo3 MainNet is set to launch during the first quarter of 2021.
To ensure seamless transition they are planning early adopter plans for projects and developers, with a clear migration plan to ensure smooth transfer of tokens and assets.