Forthewin Network

Congratulations Neo X 🎆 Finally, the Neo X mainnet has been launched. As we are Neo pioneers, our smith is now working on Neo X. Before our full deployment for swap and other features, we want to celebrate the Neo X launch with an exciting event.

@ricklock99 @dahongfei @erikzhang Hire Ricardo as CEO of NEO

Regarding the discussions between @dahongfei and @erikzhang: Da Hongfei recently published a snapshot of a financial report. This was, in principle, a positive development. However, when compared with the 2020 financial report, several inconsistencies stand out. One of the most notable points concerns assets such as ETH and DOT. These assets do not appear in the snapshot. It was later stated that the ETH holdings were liquidated during 2024 and 2025. Even accepting that explanation, the outcome remains unclear. ETH appreciated significantly over the period, yet there are no visible results from this appreciation. There is no clear indication of where this value ultimately went, what it enabled, or what concrete benefits it produced for the ecosystem. Another area that would benefit from clarification is the 2017 investment in Binance. As far as is publicly known, this investment did not generate dividends. While it is possible that specific contractual terms explain this, dividends are typically distributed to all investors. If this investment is considered a community asset, it is not clear why it does not appear in the snapshot. This raises a broader question of whether there are other similar investments that are also not disclosed. It is also difficult to understand how or when this investment is expected to be realized, or why an asset that provides no visible return would be worth anything in the first place. There has also been a narrative suggesting that Erik controls the majority of the assets. This framing does not seem accurate. Even within the snapshot itself, excluding ETH, DOT, and the Binance investment, the assets not under Erik’s control already exceed those that are. More broadly, what stands out is the lack of results. Large amounts of capital have been managed, reallocated, or liquidated over the years, yet there is little to show in terms of sustainable growth, adoption, or ecosystem strength. Regardless of how funds were moved or justified internally, the external outcome remains largely the same. The idea of using foundation resources to purchase additional NEO and GAS also raises concerns. Nearly 40 percent of the NEO supply is already controlled by the Neo Foundation. Increasing this concentration further is unlikely to be beneficial and is not sustainable over the long term. Depending on how such purchases are executed, they could also disproportionately benefit insiders. At best, this might serve as a short term, situational measure, but it does not address the underlying structural problems. The concept of empowering the community through expanded funding is even more troubling. Given the current environment, which is marked by incompetence and opportunism among certain groups, this approach appears extremely risky. Simply holding NEO or having contributed in the past does not automatically confer the competence, independence, or judgment required to make sound investment decisions. From the perspective of someone who has watched the network decline over several years, this trajectory is not surprising. In fact, it feels like a continuation of the same mindset that led Neo to its current state. Relying on loosely defined community governance under these conditions feels like watching the network administer poison to itself. Regarding Neo X, while an EVM compatible initiative is understandable in theory, Neo X in practice is effectively a failure. It has no meaningful user base, and its market capitalization is extremely small. There is no realistic path to adoption. In my view, this project should have been discontinued long ago. Any future EVM integration should be reconsidered from first principles, at a later time. Solving issues such as MEV on a network with no activity, no swaps, and no liquidity does not address a real problem. As for EON, it remains unclear what this project actually is. When viewed together with Neo X, a deeper issue becomes apparent: fragmentation of focus and priorities. Neo has experienced this before with Ontology, a split that many correctly identify as harmful to the ecosystem. This situation feels uncomfortably similar. It is also difficult to see how all of these parallel efforts can coexist meaningfully. It raises the question of why such initiatives cannot exist directly within Neo itself. At this stage, a more radical solution may be worth considering. Allocating a substantial portion of the non Neo assets, approximately 140 million USD, to Da Hongfei outright could potentially resolve the current conflict. These funds would not be Neo assets, and therefore would not create sell pressure on NEO itself. If he chose to use part of this capital to acquire NEO on the open market, he would be free to do so, but this would not be mandatory in any form. In practice, the price impact would either be neutral or positive, particularly if any of the capital were reinvested into Neo. I am explicitly in favor of this taking the form of a direct financial reward. There are several reasons for this, but the most important is autonomy. Such an arrangement would give him full independence to act as he sees fit, without the obligation to justify every decision, disclose line by line expenditures, or operate under constant scrutiny. It would also draw a clear boundary between personal discretion and foundation governance. This is likely an unpopular proposal, and it is entirely possible that neither Da Hongfei nor Erik Zhang would agree with it. Even so, it is a suggestion that makes sense from multiple perspectives, including conflict resolution, governance clarity, and long term stability for the Neo ecosystem. It is important to acknowledge reality. Neo already functions as a highly centralized system, with funding controlled by NGD and a history of censorship and retaliation against those who openly criticize the network. In this context, replacing one centralized authority with another is not inherently worse. In periods of stagnation and crisis, decisive centralization can be necessary before power is later redistributed. Delegating authority to the community in the current state would almost certainly be catastrophic, and very likely terminal, for Neo. Both founders were fundamental to Neo’s success, despite their disagreements. In Erik’s case, the evidence is clear. The GitHub repositories show that he built the vast majority of Neo’s core protocol and continues to work actively across multiple projects. Da Hongfei’s influence is different but no less significant. His role in shaping Neo’s visibility and positioning within the broader crypto market is undeniable. His strategic instincts, such as focusing on EVM compatibility and AI, were not unreasonable. The problem lies in execution and outcomes rather than intent. In my personal interactions with him, I have consistently perceived a positive and constructive attitude. Much of the discourse around him is centered on building, whether EON, Neo X, or other initiatives. The situation is clearly hostile and tense for both sides. Ultimately, this is a conflict between two builders who both want to continue building, but within a system that no longer seems capable of supporting that goal. From my perspective, it is obvious what the Neo network would need to do in order to become relevant again. The problems are not mysterious, and the required changes are neither subtle nor technically complex. However, I have no intention of sharing any constructive suggestions. There is no incentive to do so. After years of contribution, analysis, and warnings, the only response I received was retaliation. In that context, offering solutions is not an act of responsibility but an act of self harm. I am no longer interested in fixing a system that actively punishes those who try to improve it. At this point, I observe what is happening with a certain degree of detached, almost ironic satisfaction. The network is imploding in ways that were entirely predictable and were explicitly warned about long ago. Nothing that is unfolding now is surprising. It is simply the delayed consequence of decisions made over many years, now arriving all at once. In that sense, this outcome feels less like a tragedy and more like a confirmation.

@ricklock99 If they truly want to make Neo great again, I hope they should know who or what is blocking this.

@ricklock99 Right now, Neo lacks smart contract examples. Most of the available resources are just basic tutorials like token minting. Neo supports multiple programming languages, they actually need more code examples than other chains.

Why am I not blackmailing these people if they did the same to me?. Why am I not exploring its multiple vulnerabilities? Wait, am I stupid?

Waxing Gibbous (Phase 4) Mint Is Officially Sold Out! We will be airdropping the extra NFTs/refunding 1 GAS to those who minted an odd number of mints, to those who minted initially at 5 GAS shortly 🪂 Thank you to everyone for their ongoing support. Excited for the future! 🚀

@RaoulGMI NFT for the win!

The comeback arc of art on blockchain is still something 99% of people don't understand and conflate NFT mania (same as memes are/were) in order to write it off. Meanwhile much incredible art is being created and prices for legacy grails are exploding which will help old and new artists and encourage new collectors. Expect @cryptopunks and @XCOPYART and @beeple to lead and that's ok... it will pave the way for a generative art comeback too... Squiggles, Fidenza, Ringers, Autoglyphs with then also pave the way for all the incredible other artists too. If you need any inspiration my The Culture Vault collection is a pathetically small start...and I'm still building it and missing many great

@Socrates0x Agreed

Underrated impact of LLMs(assuming they are the dominant form of AI) is that writing becomes more important not less. Being able to write well and in a LLM-digestible way will be everything.

@VitalikButerin 100%

Dependency minimalism (writing software that deliberately tries to have as few dependencies as practical) is a really underrated virtue imo. Every single dependency is a risk that "something will go wrong" during someone's installation process. Installing projects with hundreds of dependencies and walking through errors can be incredibly frustrating.

Earth Corps' Apex of Modular Innovation: The KING APC 🌕 - Sneak Peek The KING APC exemplifies the cutting-edge of Earth Corps military technology, showcasing unparalleled external customization options designed to adapt to the moon’s perilous terrain and hostile threats. This modular masterpiece offers players an array of attachments tailored for exploration, combat, and utility: Weapons and Turrets: From precision cannons to heavy artillery, the KING boasts an arsenal of interchangeable weaponry, ensuring squads can adjust their firepower for any scenario. Turret slots allow rapid response to enemy ambushes, making the vehicle a mobile fortress. Utility Enhancements: Advanced antennae, radar arrays, and communication nodes empower long-range reconnaissance and enemy detection, while smoke and flare modules provide essential defensive tools for evasion and distraction. Mobility and Defense: Swappable wheels and suspension components optimize traversal across the moon’s varied landscape, granting improved speed, traction, or durability based on mission demands. Specialized Modules: A wide range of auxiliary systems, such as energy cells, storage pods, and medical kits, support sustained operations. These modules ensure the KING adapts seamlessly to survival, combat, or exploration-focused strategies. The image captures Earth Corps' vision for the KING APC—a formidable vehicle whose modularity is both a gameplay mechanic and a narrative cornerstone. Every external feature reflects the ingenuity of humanity’s finest engineers, symbolizing resilience and adaptability in the face of lunar adversity.

@Neo_Blockchain neo $2025

The first 3 words you see describe how your 2025 will be. 🥳 #MerryChristmas #HappyNewYear

@lynk0x $NEO

BTC is old ETH is expensive SOL is full of jeets TRON is slow Cardano just sucks What's the solution?

@okx $GAS

Can you guess this one? 😷

❤️ my new #TTM gen4 Mooncreatures #NFTs 🚀🌔 They look so awesome! 🔥🔥🔥 Phase4 #Mints are now ongoing! Get yours at: tothemoonuniverse.com @tothemoon_net discord.gg/ehJXqF5v #NEO #NFTCollection #Metaverse

@FlightTTM @Neo_Blockchain They take more pleasure to outcast teams they don’t like than in their own success. I don’t blame them tho. They are just employees

🗺️ Neo X ecosystem is taking shape — an open frontier for bold ideas. If you're ready to jump in, we're here to support you. Explore the Neo X Grind Hackathon and compete for $22 million in prizes and grants! ➡️ bit.ly/4fNL4PM

Is $GAS dino? It feels like a new born

Topic of today's meeting 🤫👀 #Neo #NeoX #BTCFi #MNGA #BTC

Feeling dejavu! $xrp $neo #dinoszn

@ByzGeneral Neo

There's one more absolutely cursed dino coin that's been forming a massive rounded bottom. Would be very fitting for this fucking trash to go on a face melting rally now too.