NEO (NEO) Set For Multiple Events After Joining Hands With Ontology (ONT)

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Built over its own Ethereum-like blockchain, the NEO Project has recorded remarkable growth over the four years. NEO’s support for multiple programming languages is one of the reasons NEO’s rise to success. As the bears rage on, NEO has not been able to replicate its high performance in the market.

Price and Market Performance of NEO (NEO)

Over 95% of the entire crypto market has suffered at the hands of the bears over the last couple of months, and NEO is not an exception, shedding over 20% of its value over the last 30 days. NEO is currently valued at $53.95 after adding 0.40% over the last 24 hours.

NEO has lost over $1.5 billion USD in market capitalization over the last 30 days, NEO is currently the 11th largest cryptocurrency with an estimated market cap of $3.501B. The 24 hours trade – exchange volume of NEO is $78.4 million USD, with the most exchanged on CoinEgg.

Preparation for the NEO Hackathon

Leading up to the NEO Hackathon to be held in Tokyo, Japan from the 26th to 28th of August, 2018 NEO Foundation will be holding a series of workshop across. These series of developmental workshops called NEO Developers Basis will be held in Tokyo and Osaka.

The workshops in Tokyo will begin on June 23rd, and July 1st in Osaka, both will be held fortnightly till the Hackathon. NEO Foundation will also be holding a community meetup tomorrow, June 8th in Arike to introduce new developers to the Hackathon. NEO Foundation is looking to outdo her previous Hackthon event.

NEO Projects for Developers

The NEO ecosystem has always been an active one, for the developers in the NEO Ecosystem NEO has a couple of programs piled up for June. NEO Foundation will be hosting a NEO Blockchain challenge in Shenzhen on June 9th, CPC Crypto DevCon at Stanford University on June 11th.

On June 17, NEO Foundation will be hosting the NEO Blockchain Challenge, in London, Britain, June 14 BlockLab NEO workshop and KPN will be holding a workshop in Rotterdam, Netherlands. All these workshops will serve as a build for the NEO Hackathon event scheduled for August 24 – 26.

Ontology Announces Points Partnership

On May, 14th, 2018 NEO Foundation announced a partnership with Ontology for creating an application of strategy and technology integration; creating the smart ecosystem of the future. NEO Global Development also moved to a new office which is right next to Onchain and Ontology.

Yesterday, Ontology announced a technical partnership with Points (PTS). Points, a blockchain based credit service network. The partnership will see Ontology apply its smart contracts and data exchange services on top Point’s multi-chain based platform.

The NEO and Ontology MoU will create a smart contract ecosystem for NEO that will fully support the development and adoption of NEO Virtual Machine and the NEO Contract. The NEO VM which will support multiple programming languages across different blockchains is a cause for excitement.

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