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NEO Coin News: Two New Tokens to Expand NEO Ecosystem

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NEO Coin News

NGD (NEO Global Development) has released a monthly report for September on October 1st. The monthly reports are designed to inform NEO’s community regarding new events, progress, and development regarding the project.

Five NEO coin news in September

According to NGD’s report, NEO has had five noteworthy events in September. The first one includes the release of NEO-CLI v2.9.0. This is a full node program which represents NEO’s first client that allows the use of the actor model. I

ts refactored code is seen as a method of ‘setting the stage’ for block times with more stability. It is also expected to bring additional performance-based benefits for the entire blockchain.

The second NEO coin news of note in September includes the creation of two assets — CGAS and CNEO. These assets are expected to allow developers to transact GAS and NEO equivalents via smart contracts.

Next, NEO Global Development also launched its own bounty program. With an increase in a number of hacking incidents in the entire crypto world throughout the year, it is easy to see why NEO wants improved security for its blockchain. NGD promised rewards for flaws, with the size of a reward depending on the severity of uncovered flaws.

The fourth NEO coin news includes a competition for creative design of NEO website and icon. The contest is still on-going, and it will remain so for ten more days, ending on October 14. The prize for winning the contest is $30,000.

Finally, the last big event in September includes nine additional team members that NGD hired upon announcing job openings. Even though NGD already hired these nine individuals, it remains on the lookout for new talents, according to their recent announcement.

The report also mentions additional development, which includes a Swisscom consensus node that was added for NEO TestNet.

Past events regarding NEO community

NEO is a busy blockchain, with a lot of community events. These include hackathons, workshops, worldwide meetups, conferences, and alike. NGD participated directly in thirteen of these events during last month. The events were held in numerous countries, including Georgia, Singapore, China, Korea, Japan, Uruguay, and Malaysia.

Future events regarding NEO community

While NEO has had quite a lot of community events throughout September, even more of them are scheduled to occur in the following weeks.

One of them is the European hackathon tour, which is scheduled to begin on October 20th. The tour will start in Rotterdam and Delft, and from there, it is set to go to Berlin (October 26 and 27), and then Zurich (November 3 and 4).

Participants will receive a total of 4,050 GAS and 1,500 NEO in prizes. The prizes will be shared across three events during the tour.

On October 26, Berlin will also host NEO Meetup. Additionally, NEO has scheduled the fifth ‘Blockchain Open Course’, which is expected to be held on October 20th in Shanghai, China.

Those interested in reading the full NGD monthly report can do it by clicking HERE.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Picman2/Pixabay

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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