Last month, I released an article "Neo生态攻略 Neo Ecological Guide (1)". Here comes the English version.

This article is based on my experiences with the Neo ecosystem. If you are interested in the Neo network, I hope this will provide you with some tips. If you are not interested in Neo now, maybe Neo will reach the moon someday. The context of this article is as follows:

1. Enter into the Neo Ecosystem

S1: To enter the Neo ecosystem, you should get $NEO, $FLM, and $GAS tokens on Binance, OKX, etc.

S2: Transfer the tokens to wallets that support the Neo N3 network. Here are some options:

• Neoline Wallet
  • App & Extension Wallet
• OneGate Wallet
  • App
  • Focus on Neo network only
• O3 Wallet
  • App & Extension Wallet
  • Multi-chain support

If you hold Neo Legacy’s token, Neoline wallet is recommended. It supports both legacy and N3 networks.

Notably, the Neo network implements a dual-token model (NEO & GAS), so each transfer requires $GAS tokens to pay the transfer fee. If you don't want to hold $GAS, or you only have tokens like $NEO and $FLM, you can get $GAS through Gleeder even if you don't have it in your wallet. Furthermore, the Gleeder interface is really cute that I personally like it a lot. I recommend it to people who aren't interested in holding a lot of $GAS.

S3: Transfer the Step 1 tokens to the Neo N3 network. You can view the token transaction details via OneGate or NeoTube blockchain explorers.

Now that you have prepared your tokens and wallets, you are ready to participate in Neo ecological projects.

2. Hottest Projects on Neo N3

1）Defi

• NUDES

$NUDES tokens listed on Flamingo, Pancake, and MEX in just two weeks. This project has a large following on Twitter and an active community in discord. The most amazing thing is that someone brought $100 nudes a week ago and now it's worth $20,000! The price is still rising at the time I write the article.

• Flamingo
  • Flamingo is the largest Defi project on Neo.
  • Token: FLM (listed)
  • Platform features include:

    • Invest = IDO.

      GhostMarket (Token GM) was the first IDO on Flamingo. IDO price was: 0.13 fUSDT. The highest price was between $0.45 and $0.51, approximately 4x profits. The performance is not bad considering the relative bear market at the beginning of the year.

    • Earn = Pool Mining.

      Same as liquidity mining (LP). The platform offers a feature called smart stake. The platform will convert the A token into half of the B token and half of the C token when you deposit the A token. As a result, even if you hold A tokens, you can still mine B-C pool.

    • Convert = Swap.

      Exchange A token for B token. The stable currency of the Neo ecosystem is $fUSDT, which can be exchanged here.

    • Wrap & Unwrap = Cross-chain.

      Assets on other chains can be crossed to Neo.

• NeoBurger
  • NeoBurger solves two main problems: make $NEO divisible and earn rewards more efficiently (9.16% APR) through Neo governance.
  • Token: $NOBUG (not listed)

• MyMuffin
  • An upcoming decentralized lending platform.
  • Token: none
• NeoDashboard
  • Provides a quick view of Neo network data.

2) Governance

• Neo Governance
  • Official governance platform, both voters and council members can get GAS incentives. NeoBurger is a good option for those looking for higher APR interest rates.

3) NFT Market Place

I have participated in three NFTs on Neo: Neoverse, Mega Oasis, and GhostMarket.

• Neoverse

  With the launch of the Neo N3, Neo officially launched the Neoverse series in 2021. There are three grades in this series, N is the most expensive and rarest. It was mentioned at that time that the NFT would be empowered, but I haven't seen any holding privileges yet.

• Mega Oasis

  Mega Oasis is a newly launched NFT platform. In official statements, the platform is intended to be a high-quality NFT distribution platform.

• GhostMarket

  GhostMarket is a long-running cross-chain NFT platform. I have bought and sold Neoverse's blind box NFT on it. They released their token ($GM) on Flamingo last year.

4) Infrastructure

Developers can view specific code on Github directly. What I know is, that a number of infrastructure projects will be available to the general public soon, including NNS Neo domain name service, Oracle, DWS (distributed storage), and the Lounge (governance platform). When these projects launch, I'll write an article to introduce them specifically.

Lounge3. Exit

To exit the Neo network, you can exchange tokens to $NEO, $FLM, $GAS via Flamingo, then deposit them in the centralized exchange. BUT WHY LEAVE?