Standard Updates
Neo launched Neo X MainNet, its recent EVM-basically basically based sidechain, that contains Neo’s dBFT consensus mechanism and the use of GAS for governance and network fees. The starting up additionally entails a local bridge between Neo N3 and Neo X, an explorer, and a governance portal. The reach of Neo X modified into a joint effort between Neo World Building, AxLabs, and Neo SPCC, collectively is named Bane Labs. Future MainNet upgrades are already planned, including the enveloped transaction acknowledge and dBFT modification required to beef up it, that will lay the groundwork for the Neo X anti-MEV mechanism.
Neo established the Elevate Program to incentivize teams to invent on Neo X. Elevate is a funding initiative with US $20 million readily accessible to builders seeking to begin recent or existing initiatives on the EVM-properly matched sidechain. This system objectives to empower early-stage initiatives by guaranteeing they’ve funds to make, grow, and effectively scale operations. Elevate is additionally designed to beef up initiatives which have established themselves in other ecosystems, including mainstream dApps and core infrastructure.
Forthewin Network deployed its Smith feature to Neo X, turning into the first dApp to begin on the recent network. With the starting up of Smith on Neo X, customers can now leverage the module to deploy their very have tokens on the network. To have fun, FTW is cyber web web hosting the Name Your Most efficient Meme Coin on NeoX competition, offering a portion in a 100 GAS prize pool to 10 customers that web and deploy memecoins to Neo X the use of Smith. Entrants will likely be judged by the stage of tell they generate within the community, social media, and on-chain.
Neo announced that ZeroX Network will integrate beef up for the Neo X EVM sidechain. ZeroX plans to raise its Derivable Asset Utilities NFT belief to Neo X, taking under consideration NFTs to be represented in every other case across varied dApps (i.e., it’s simultaneously a hero in one game and a label on an match platform) with out any on-chain modifications to the underlying token.
A brand recent non-custodial change called Asteroneo modified into launched on Neo X, even though restricted capabilities are for the time being readily accessible. Future functionality for swapping property on the EVM sidechain is planned, as is the starting up of the ASTR token. Limited files about the crew in the wait on of the change is in an instant accessible at this stage.
GhostMarket deployed ten natty contracts on Neo X in preparation to beef up of the recent EVM sidechain for its depraved-chain NFT marketplace.
Neobox launched a Telegram app that rewards customers with XCrystals aspects for performing initiatives equivalent to following Neobox social media accounts and enthralling traffic to the app. Customers who in finding the most XCrystals are ranked in opposition to one one more on a leaderboard, and the pinnacle accumulators will portion from a drawing near rewards pool. Additionally, Neobox announced that the NEOBOX NEP-17 token pre-sale will web on July 31.
COZ CEO Tyler Adams modified into featured in a CoinTelegraph article about challenges touching on mainstream NFT adoption.
Frank Coin hosted a livestream with the founder of Pixudi and Neobox to showcase the capabilities and functionality of the Neobox Telegram app. Frank Coin additionally hosted a community quiz on the crew’s official Telegram channel, the set the pinnacle three participants each and every gained 80 FLM, and ten random winners each and every gained 50 FRANK tokens.
Flamingo’s FLM NEP-17 token is now listed on the StealthEX non-custodial token swapping platform. When swapping on StealthEX, customers attain no longer must web an fable or direct interior most files. Token swaps are performed between two wallets (on the sending and receiving blockchains) that belong to the user. StealthEX helps the buying and selling of more than 1,500 digital property.
Flamingo shared statistics on the FLUND single-sided staking token for week 29 of 2024, noting roughly $6.99 million in whole payment, $4.09 million in whole minting rewards, and $761,000 in whole buying and selling rate rewards.
Developer Updates
NeoLine plans to integrate native beef up for bridging property between Neo N3 and Neo X.
NNT Acquire Up
NNT editors co-hosted Crypto Coffee and Blockchain Beer Spaces #27 on the official The Fair Economy Podcast X fable. Subjects of discussion included the MainNet starting up of Neo X, garnering consideration for NEO and GAS, getting market consideration for impress recent EVM networks, recent and planned on-chain actions for Neo X customers, and the certain facet outcomes an ETH ETF would possibly well possibly well perchance need on blockchain networks.
Events
July 30: Meme2Earn cyber web web hosting Neighborhood Fire on its official Discord server.
July 30: Flamingo cyber web web hosting Neighborhood Lagoon on its official Discord server.
Aug. 1: NNT editors cyber web web hosting CC & BB #28 on The Fair Economy Podcast official X fable.
Token Listings
FLM is now listed on the StealthEX change.
