Neo Arabic

.@dahongfei has published a full restructuring proposal for the Neo Foundation. The plan moves governance from founder dependence to tokenholder sovereignty. Five measures: foundation redomicile, governance redesign with an independent Supervisor, Giveback II returning 49.5M NEO to the community, staked voting replacing the current liquid model, and full asset consolidation under one treasury. 12-month implementation timeline. All commitments are public and verifiable. The community is invited to review, challenge, and improve this proposal.

At the Bitfire Day: 2026 Hong Kong Institutional Wealth Management Summit Forum, Neo founder @dahongfei participated in a panel discussion on the current state and structural challenges of the crypto industry, including Bitcoin. He noted that as Bitcoin continues to develop as a store-of-value asset and gradually approaches a gold-like profile, it faces three key challenges: 1. Quantum resistance, as concerns over long-term cryptographic security persist 2. Privacy protection, given increasing demand from large-scale holders 3. Miner incentives, in a further deflationary environment where sustaining network participation becomes more complex

RWAs, equities, bonds, funds are coming on chain. When holders can access tokenized securities on regulated platforms, the bar for every altcoin changes. @dahongfei: "This restructuring proposal is not just designed to solve our current Neo governance problems. It's also a response to the industry's landscape shift." Full proposal is public.

The restructuring proposal is designed to give NEO holders a direct role in how the foundation is governed. Board nominations, oversight, impeachment, all through staked voting. @dahongfei: "Twelve years is long enough for a protocol to be dependent on its founders. The whole point of blockchain is that an institution, a mechanism can exist without depending on any single actor." The proposal came from community feedback. It's open for review.

The restructuring proposal consolidates all Neo assets under one foundation, one governance structure, one set of financial controls. @dahongfei: "There will be no ambiguity between which entity holds what asset." Every entity receiving funding reports back on how it was used. The new foundation will no longer rely on selling NEO tokens. Reserved NEO will be staked indefinitely, with GAS and current liquid holdings funding operations. Full proposal is open for community review.

The progress is already in motion outside the restructuring: LayerZero test contract deployed on Neo TestNet, MainNet implementation to follow. Stablecoin integration talks underway with a major issuer. @dahongfei on what the restructuring enables beyond governance: "A third party, a vendor, or a partner, if they see a legitimate, accountable, transparent foundation, they will have the confidence to work with that foundation." 12-month roadmap published in four phases. Legal preparation, Board formation, network upgrade and asset consolidation.

Neo's governance reset was designed to put real power in the hands of NEO holders. @virtualbacon: "I really like the part how all of these entities are basically being voted on by the token holders. This is very different from a typical DAO structure where the token holder only controls the DAO, but the entity itself is kind of closed doors, just a board that votes by itself. This is the first one I've seen where everything votes from the token holder level." Full proposal is public, read it and challenge it.

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