Neo Monthly Report-October/November

Neo Monthly Report-October/November


As a reminder for regular readers of the Neo Global Monthly Report, we recently updated these reports to make them easier to consume. Our new format provides one report focused on general progress and the other focused on development-specific progress. This month’s report provides you with highlights from the most recent general ecosystem progress during October and November of 2021. Key topics this month include:

Migration and governance

The final phase of the Token Migration Incentive Program concluded

The Neo Legacy network will continue to operate at least through the end of July of 2022 (a year after Neo N3’s launch), but token holders who have not yet migrated their assets to N3 should do so. This will be necessary so holders can get the most out of the Neo ecosystem, use the latest Neo dApps, participate in governance, and receive increased GAS rewards by voting for Neo Council members to manage and decentralize the Neo network.

Neo N3 exchange support and payment options expanded

Payment options also are expanding: In November, Neo and crypto-fiat hybrid payment solutions provider Alchemy Pay unveiled a new partnership that will enable global payment acceptance of NEO tokens. Integration into Alchemy Pay’s payment systems will allow NEO tokens to be transacted across Alchemy Pay’s merchant networks, including major eCommerce platforms such as Shopify and Arcadier. As part of the collaboration, Neo and Alchemy Pay also became two of the founding members of the new Blockchain Infrastructure Alliance (BIA), a group composed of blockchain industry leaders, service providers, and regulators with a mission to drive the growth of blockchain and cryptocurrency.

Neo Council reduced GAS fees for N3 oracle requests by 80%

NeoBurger N3 governance dApp introduced a new way to vote and earn GAS rewards on Neo N3

COZ enabled voting on Neon Wallet

NGD handed off Flamingo Finance project to community control

Community engagement


John Wang, head of Neo Eco Growth, was the featured guest at AMAs hosted by CryptoMUTANT, Cryptostalkers, and BigONE Exchange.

Media engagement

  • John deVadoss, president of NGD Enterprise, spoke to Forkast’s Word on the Block about blockchain standards and the future of blockchain interoperability.
  • At the WebSummit 2021 conference in Lisbon, Portugal, BeinCrypto interviewed Lili Zhao, director of Eco Growth at NGD (Europe), discussing the Neo N3 migration, factors that make the feature-rich Neo N3 so developer-friendly, women in the crypto industry, and more.
  • Erik Zhang, a founder and core developer of Neo, participated in an interview with NNT about the Neo N3 release, the next steps to bring more applications to the Neo N3 blockchain, and details about his latest projects.

Event sponsorships

In November, Neo announced a partnership with the Metaverse Alliance, in which, initially, Neo will serve as one of the sponsors for the online Metaverse Hackathon (Metathon) that is live now and runs through late January 2022. Look for more hackathon-related announcements from NGD in the coming weeks.

New Neo DevLog series

Ongoing DevLog episodes will feature development updates on Neo N3 tooling and infrastructure.

The Neo MainNet turned five

Adding to the celebration, Neo News Today released a podcast featuring thoughts from prominent Neo community members on Neo’s achievements and future. NNT also commemorated the anniversary with the launch of an immediately popular r/NEO GasBot on the Neo N3 MainNet. The new GasBot allows users to send and receive GAS tips on the Neo subreddit.

Ecosystem growth

Six new projects joined the N3 Early Adoption Program

New projects accepted into the N3 Early Adoption Program in October and November included:

  • Defina Finance, a blockchain game that innovates at the intersection of decentralized finance (DeFi) and NFTs
  • Saffron Finance, a peer-to-peer risk management platform that uses a tranche-based yield aggregation to divide earnings into senior, junior, and fee tranches
  • NekoHit, an early-stage, Patreon-like project that takes a decentralized, blockchain-based approach to crowdfunding
  • GhostMarket, a cross-chain NFT marketplace
  • Polychain Monsters, creator of a cross-blockchain game based on NFT collectibles
  • iME Smart Platform Project, a native-messaging smart platform powered by the Telegram API, with built-in artificial intelligence and crypto wallet functionalities

Neo partnered with vEmpire

Ecosystem projects announced their latest plans and accomplishments

Development progress

Core developers completed the Neo v3.0.3 release

Developer communities released new tools and continued to advance Neo’s multi-language infrastructure for dApp developers

  • NGD Enterprise released the NeoTrace tool, a new tool for the Neo toolkit that makes it possible to capture individual transactions or blocks from the Neo N3 MainNet or TestNet and store traces of the executions for debugging. Preparations also began for the release of Test Runner, a new component for the Neo Blockchain Toolkit.
  • AxLabs updated Neow3j to v3.13.1, achieving full compatibility with Neo v3.0.3 and bringing extensions to the test framework included in the previous release. The update enables deployments to be configured programmatically and supports compilation, deployment, and testing of any number of contracts.
  • COZ solidified the WalletConnect integration in the desktop version of Neon wallet to enable connection with dApps and launched the initial version of Neon mobile. Based on the BIP-39 mnemonic backup standard, Neon mobile supports both Neo Legacy and N3. The team also pushed updates to Boa, which received formal Python 3.9 support, new built-in methods, and defect mitigations, in addition to Mamba, which gained a new RPC client interface.
  • Neo SPCC published a new version of NeoGo, featuring the new Rules witness scope, NEP-11 tracker, initial support for the Windows platform, and a new automated contract testing framework. NeoFS also received a plethora of upgrades across the storage node, inner ring, and service components, including the start of development ·on-site manager, analytics, and billing apps for the CDN.
  • Red4Sec addressed critical vulnerabilities in the NeoFS C# implementation and began the study of another issue found in the Neo-devpack and NeoVM for N3. Auditing for community projects was also completed, including HumswapBowls Contract and the Flamingo stack. Issues that could affect funds were found and resolved in the latter.

What’s next in the Neo Global Monthly Report

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