According to Odaily Planet Daily, Neo announced that the Neo X mainnet was officially launched and launched the "Elevate Ecosystem Funding Program" with a total of 20 million US dollars. Neo X adopts Neo's dBFT consensus mechanism, is compatible with EVM and development tools, has the characteristics of resisting malicious MEV, and connects the EVM network with the Neo ecosystem through a native cross-chain bridge.
The funding projects include Grants, which are applicable to early innovative projects and core infrastructure developed on the Neo X chain; and Investment, which provides up to $500,000 in investment support for mature projects with strategic advantages. More than 20 projects have announced their participation in the Neo X ecosystem.
Neo X will launch a three-month Engage Wave event, cooperating with ecosystem partners to hold online and offline events to deepen relationships with developers and communities in multiple countries and regions, including the "Ambassador Program", Tokyo WebX, Seoul Korea Blockchain Week, Singapore Token2049 and hackathons.