Neo News: Week in Review, June 2024 - AI Alliance, Neo X Updates, and Community Buzz

A look back at the key happenings in the Neo ecosystem during June 2024, from strategic alliances to community initiatives.

Neo News: Week in Review, June 2024 - AI Alliance, Neo X Updates, and Community Buzz

June 2024 has been a whirlwind of activity for the Neo ecosystem! From diving into the world of AI to enhancing its core technology and fostering community engagement, Neo continues to push boundaries. Let’s recap the highlights.

Neo Joins the AI Unbundled Alliance

Neo made a splash by joining the AI Unbundled Alliance, a collaborative effort to bolster Web3 AI development. Spearheaded by Aethir, this alliance aims to empower developers throughout their journey, from initial experimentation to global deployment. This move signals Neo's commitment to integrating cutting-edge AI technologies into its ecosystem. It is pretty cool, the ecosystem are starting to combine!

Neo X TestNet Upgrade

Tech enthusiasts, rejoice! The Neo X TestNet is set to upgrade to v0.4.0 on June 23. This upgrade brings a ZK-based DKG verification preview, ZK-based DKG execution support at the dBFT level, a New NeoXEthSig fork, and a host of optimizations and fixes. These enhancements promise to improve the efficiency and security of the Neo X platform.

Flamingo Finance's New Community Initiative: THE FLOCK

Flamingo Finance is taking community engagement to the next level with the launch of THE FLOCK, replacing the FLM Hodlers Program. This new platform-specific Discord channel, accessible to FLOCKS token holders, aims to foster open dialogue and pave the way for community governance. Plus, Epoch 11 concluded with a total payout of $11,677.03 and the burning of 250,593 FLM.

TOTHEMOON's Transition

TOTHEMOON sold out its Waxing Gibbous (Phase 4) mint and is gearing up for a significant transition. The team deprecated several features, including TTM token staking for Infra Deeds, Resource token staking for Resource Deeds, the TTM Marketplace, and My Collection Access on TTM Marketplace. The project plans to migrate to the Base blockchain soon, marking a new chapter for the platform. Gotta love a good migration!

Community and Developer Updates

• Neo Vietnam: Announced the winners of the NeoPod Ambassador Cup, rewarding top contributors with GAS prizes.
• Frank Coin: Hosted a GasBot trivia contest on the NeoF1 Discord server, distributing GAS to participants.
• Neo SPCC: Released a hotfix patch for NeoFS, addressing a BoltDB panic.

NNT Catch Up

NNT released Episode 92 of The Smart Economy Podcast, featuring Aaluxx Myth, co-founder of Maya Protocol. The discussion covered cross-chain liquidity, the impact of crypto in Latin America, and sustainable tokenomics. A must-listen for anyone interested in the future of DeFi.

Strategic Collaborations and Events

Neo established a technical collaboration with Arichain, an L1 public blockchain. Arichain will leverage Neo X’s consensus mechanism and MEV resistance, while Neo expands its reach into a new EVM-compatible execution layer. Exciting times for both projects!

The Neo ecosystem also had a bunch of events. COZ is a Gold sponsor at Blockchain.RIO in Brazil between Aug 5-7.

Final Thoughts

June 2024 is shaping up to be a landmark month for Neo, with strategic alliances, technological advancements, and vibrant community engagement. As Neo continues to evolve, it's clear that innovation and collaboration are at the heart of its mission. Stay tuned for more updates and exciting developments!