Highlights

• NekoHit, an early-stage Patreon-like startup that uses a decentralized, blockchain-based method to crowdfund
• The NekoHit project aims to bring a content creator crowdfunding approach to the Neo ecosystem

A Brief About Neo

Neo describes itself as a “rapidly growing and dynamic” ecosystem to lay the groundwork for the next generation of the internet – a new economy based on digitized payments, identities, and assets.

It first launched in February 2014 under Antshares, and it was thought to be China’s first-ever public blockchain. Three years later, the open-source platform was relaunched as Neo.

The team behind this project runs an EcoBoost push to encourage others to build decentralized apps and smart contracts on its blockchain, in addition to developing a global community of developers that create new infrastructure for the network and remove obstacles to entry. It’s been compared to the Chinese version of the Ethereum network several times.

How Is This Collaboration Going To Favor Both Parties?

NekoHit, an early-stage Patreon-like startup that uses a decentralized, blockchain-based method to crowdfund, has been accepted into the N3 Early Adoption Program by Neo Global Development (NGD).

It's our honor to join this program. Now we are preparing for the first official release and deploying them to mainnet. More info in our discord server: https://t.co/zXmfrz6gWm https://t.co/miLjgBnqFr

— NekoHit Project (@NekohitProject) November 3, 2021

In June 2021, NGD launched the Early Adoption Program, offering $10 million to help prospective developers and project teams build their solutions on the all-in-one Neo N3 platform. This program is part of Neo’s larger $200 million investment program, which will assist Neo ecosystem growth by nurturing projects ranging from grassroots developers to established enterprises and institutions.

The NekoHit project aims to bring a content creator crowdfunding approach to the Neo ecosystem. NekoHit is also designed to connect content creators with individuals who may contribute funding on a per-project basis, rather than using the subscription model typical among other alternatives such as Patreon.

The Co-founder of NekoHit described his search for the right ecosystem.

“We evaluated Solidity and Ethereum as popular options. But with both, we saw risks of leaving flaws in the code. IOTA was also appealing, but we lacked the experience with Rust and WASM to make this a developer-friendly choice for us.”-Yannick, Co-founder of NekoHit.

After a frantic search, the team settled for Neo.  This was what the Co-founder of NekoHit had to say.

“We took a deep look at Neo N3 and found that it works out of the box with Java,” said Yannick. “Its multi-language support is outstanding. It also has many features to protect against introducing security flaws during the coding process. And the active Neo community makes it easy to develop a high-quality contract.”-Yannick, Co-founder of NekoHit

Future Prospects For Neo And NekoHit

The Neo environment and NekoHit, according to John Wang, Head of Neo Eco-Growth, will have a mutually beneficial connection in the future. He pointed out that NekoHit requires DeFi support from Neo projects and that the Neo ecosystem has lacked a unique content creation platform like NekoHit.

The current Neo price is $46.19, with a trading volume of $356,677,236 in the last 24 hours.