Open Letter From the Neo Foundation

This article was first published on Stories by Neo on Medium
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Four Years of Neo MainNet — Reflections and What’s Next

Dear Neo community members,

2020 has been a momentous year on various levels — from the team to the Neo community as well as the greater blockchain space. As Neo celebrates the fourth anniversary of its MainNet launch, we would like to thank everyone for their passion and support for the entire Neo ecosystem. Our community has always been at the center of Neo’s mission, and we are grateful for everyone’s enthusiasm and understanding this past year.

As we look back upon the last four years, it is incredibly striking just how rapidly the blockchain space has shifted and evolved — there have been many great innovations around various layers of the blockchain universe, especially the tremendous development of DeFi in the past year. And yet, we are also facing numerous challenges: We are still slow in mass adoption and industry regulation, while scalability and usability are yet to be improved for many platforms. Nevertheless, despite a quickly changing world, Neo remains as committed as ever to driving the development of digital asset protocols. Throughout 2020, we consistently affirmed our commitment to building new standards for digital assets by working together with leading organizations. Back in June, we joined the InterWork Alliance (IWA), a consortium of leading industry and blockchain players, as a founding member, to develop and advocate for the digital asset standards. Later on this year, we also partnered with the Blockchain-based Services Network (BSN) to build the foundation of mass adoption for a global blockchain network, thus enabling us to build our vision of an interconnected and truly frictionless world.

More significantly, 2020 also marked two groundbreaking milestones for Neo. First, we have launched an interoperability protocol alliance — Poly Network, as a founding member, together with Ontology, and Switcheo. Pioneering heterogeneous interoperability, Poly Network is already ...

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