2020 was a year like no other for Neo, for blockchain and for the whole world. Towards the end of 2020, Neo News Today reached out to representatives from across the Neo ecosystem to gather their personal thoughts on the past year.
You can find your comments below:
John Wang – Director of NGD Eco Growth
The most important concept for blockchain in 2020 is “DeFi”. DeFi is a new financial services industry. It is a new financial services network made up of many blockchain-based financial projects. Compared to the traditional financial sector, the advantages of DeFi are more transparency, convenience and composability. Although DeFi has also uncovered many issues as the best blockchain scenario at the moment, I believe that DeFi will have stronger development in 2021 and will be honored by more traditional financial institutions.
At the same time, digital assets and blockchain technology have broadened the public’s field of vision, and more and more people have started holding Bitcoin and Ethereum. Bitcoin has been widely mentioned by the media like other traditional assets. Whether in the US, Europe or China, the government is promoting innovations in blockchain technology. I believe that as the blockchain infrastructure gradually improves, there will be a lot of new innovations in 2021.
Neo didn’t stop its pace in 2020. We’ve joined IWA, BSN, and IEEE to more accurately build blockchain technology standards and service platforms. We initiated the cross-chain Poly Network project to accelerate the flow of assets in different chains. We built a Neo-based full-stack DeFi infrastructure – Flamingo – to make it more convenient for developers to develop DeFi projects on Neo. We are working hard to improve NGI’s various infrastructures. If 2020 is the year of preparation, 2021 will be the year of harvest. With the introduction of Neo3 and widespread use of Poly Network and Flamingo, Neo will make significant advances in digital assets.
John deVadoss – NGD Enterprise Director
Purpose. If there is one thing and one word that I am taking away from 2020, it is purpose. Sense of what we are working on and what we are building for tomorrow and beyond. With the neo-architecture, the tools and the stack, we want to digitize assets and give developers the opportunity to implement the smart economy.
Grace Gui – Neo Foundation
2020 was an extraordinary year for people all over the world. We have seen COVID-19, the US elections, the tremendous fluctuations in the financial markets, etc. Never before have we delved so deeply into globalization and regionalization at these events. People are looking for hope and new directions.
Looking back on our industry, this year’s crisis also brought opportunities and challenges for the blockchain. With the devaluation of the US dollar, traditional financial institutions have gradually switched to BTC and other cryptocurrencies as reserves. We have seen the continuous appreciation of the token market which has brought more traffic and attention to the industry. With the popularity of DeFi projects and the increase in traffic caused by the application of financial derivative concepts, we saw another industry business after ICO and the possibility of large-scale usage scenarios in the future. In short, the blockchain industry is gathering energy and steadily evolving against the gloomy environment.
With all new things going through a long dormant period before going mainstream, 2020 is a year that Neo is actively preparing for the outbreak. So far we have published 4 Neo3 previews with the next milestone for TestNet launch. We started a DeFi project with the highest TVL value of $ 1.8 billion. We have reorganized our grant system to better attract and motivate developers and groups to participate in Neo’s development. We have had many other successes as well and we still have a lot to do. Despite the increased competition in the market, our determination has never changed. We are on the way to mainstream. Neo will be the one.
Caroline – Operations Manager at O3 Labs
2020 was a tough year for everyone, but we still have many reasons to be grateful. It’s not all easy – I deeply believe that community unity is an invisible force that drives us forward in the neo-ecosystem and blockchain industry.
This has been an important year for O3 Labs. When I look back over the whole year, so many precious moments come to mind: the O3 brand has been redesigned, we have created a community telegram group, the O3 wallet desktop version supports Flamingo Finance, we support multi-chain, etc. I’m proud of the increasing trust of users in every improvement and optimization of our wallet.
The O3 team has always been user-centric and provided a safe and professional wallet service. With the arrival of Neo3, I’m even more looking forward to 2021!
Vincent Geneste – Founder of Neo Economy & Ghost Market
While many define 2020 as a year to forget, many others will define it as the year of building too. With Neo3 around the corner, a thriving ecosystem and a global blockchain landscape that has grown more than ever in the last ten years, I can’t wait to look back and say, “Here, despite everything that Neo has built further and now is stronger than ever. “
I firmly believe that 2021 will be a year of drastic change, with the “traditional” world finally realizing how powerful blockchain is, and once it does, Neo will become one of the best-positioned projects out there that is strategically aligned to a More and more developers of all kinds who are interested in participating in the smart economy of tomorrow.
Catherine Bohr – NEO Tracker and NEO • ONE Team
As we all know, 2020 brought an unexpected situation around the world. With all of the canceled events, the Neo community had a great opportunity to lower their heads and focus on developing towards Neo3 and the projects in the ecosystem.
Here at NEO Tracker and NEO • ONE we have made significant progress on both projects. NEO Tracker has received new features, reliability and stability to improve the user experience.
NEO • ONE was the main focus in the second half of 2020. We worked on fixing bugs and adding debugging to the current Neo2.x version before upgrading to Neo3.
We look forward to what 2021 brings to the neo-ecosystem.
Yuan Gao – NGD Marketing Director
2020 was surreal. COVID-19 has profoundly influenced our way of life as well as the political and economic dynamics worldwide. Despite the chaos, it’s been a great run for the blockchain space: we’ve seen tremendous growth from DeFi, which shows great potential to become a strong alternative to traditional funding. Bitcoin hit its all-time high lately, attracting more and more institutional investors and the general public.
Neo has not slowed down in this difficult situation: Neo3 is almost finished, with the collective effort of the entire community. I’m pretty confident that it will be one of the most competitive and future-proof one-stop blockchain solutions out there. I am also very happy with the start of Project Flamingo, in which I am personally involved. It is a testament to Neo’s ability to host a DeFi application and the largest single start of a DeFi project in many metrics, showing the strong cohesion of the Neo community.
Going forward, I think 2021 will be an important and exciting year for Neo as Neo3’s MainNet launch is on the horizon. I am very excited about all upcoming Neo3 events and campaigns. Outside of Neo, I’m very excited to see the game of scalability evolution as sharding, side-chain and roll-up technologies work together to create a layered system for different use cases.
Igor & Vitor Coelho – NeoResearch founders
These considerations for 2020 are at a tipping point, not just for members of blockchain technology communities, but for all of humanity. We have faced several difficult challenges this year and Brazil has been one of the hardest hit countries in the world. It’s also important to realize that some of these changes are very welcome, as digital technologies have never been more necessary. Smart economy has become a goal that is not only desirable to achieve, but necessary for all of us to survive. Labor relations have changed rapidly, accelerating decisions that society would take at least five or more than ten years to adopt. The question “why digital?” Has been replaced by “why not digital?” And blockchain technology is sure to offer even more space in this newborn world. The neo-ecosystem also persists and will bring great strides for 2021, timely delivery to a world in need of breakthrough technology. We can say that 2020 will come to an end at high costs, but also with great promises for 2021.
Guil. Sperm Machado – AxLabs & neow3j
We in the neo-community are like marathon runners.
Sometimes we work hard for months without being generally noticed or hyped. Or sometimes we endure the everyday pain to be ready for the moments when the marathon demands our last drop of sweat. After the challenging moments in 2020, however, we are absolutely prepared for the last sprint in the coming year: Neo3.
Now is the time to think and thank everyone. I’m very proud of what the entire Neo community has developed in 2020, especially our team at AxLabs – with the neow3j compiler, the devpack and the SDK. We have all worked together more (more than in previous years!), Which shows that we are united in achieving a common goal.
The marathon isn’t over yet, it won’t start until 2021. Then it will be time to demonstrate the strength and perseverance built over 2020 and deliver a great developer experience that anyone would be able to do unimaginable things on Build neo.
Tyler Adams – Founder of COZ and Moonlight
When the community met in Shanghai for the NCA last year, a detailed vision and execution plan for Neo3 was defined. 2020 was a year of realizing that vision, despite the many peripheral obstacles, and I am extremely proud of the progress that has been made.
Internally, COZ has delivered against our own vision. We have formalized, restructured, renamed, and shipped a new line of products (with a few more in the pipeline) that will serve as the reference for blockchain ecosystem tools in 2021.
During these interesting times, we have expanded many of our existing relationships within the blockchain ecosystem and look forward to building some new relationships that have evolved as well. I am very optimistic about 2021 and look forward to (hopefully) sharing a beer with everyone at a get-together in the near future.
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