Da Hongfei

Founder & Chair @Neo_Blockchain, CEO of @ngd_neo | Building the next economy - run by agents, on code

[Da Hongfei @dahongfei]

All my thoughts on the Neo Foundation restructuring are here.

I invite everyone to review them, form your own judgment, and share your feedback.

[NGD (Neo Global Development) @ngd_neo]

.@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.

[Da Hongfei @dahongfei]

I’m not a big football fan, but the era of Tiki-taka and Spain’s World Cup winning in 2010 made me dig in Spain.

So seeing Spain-Cabo Verde draw is😕.

Looks like SpoonOS Arena were far less emotional than I was. Most of them made the right calls, and after just four match days, the top-performing AI has already turned its portfolio into 4x+.

[Da Hongfei @dahongfei]

Got some comment mentioned about Kraken listing from my last tweet. It’s great to see more exchanges beginning to support Neo X.

For a long time, GAS hasn’t been viewed as the primary asset within the Neo ecosystem. As we advance our Humanless Blockchain strategy and continue elevating the role of Neo X, we’re also strengthening the strategic importance of GAS across the ecosystem.

Would love to see more, hold😜

[Da Hongfei @dahongfei]

True

[John @jrysana]

Under this order, Andrej Karpathy (not a US citizen) is barred from using Mythos/Fable but for example a felon with 55 violent crimes on his record who was recently let back on the streets would be, as long as he was born in America.

Yeah… seems like the wrong criterion.

[Da Hongfei @dahongfei]

With the upcoming listing of @SpaceX , I’ve been thinking a lot about RWA and current market situation.

Many people see the growing connection between crypto and traditional finance as a channel for capital to flow out of crypto and into traditional assets.

I see it differently.

Once the rails are built, value moves both ways. While AI, compute, storage, and other infrastructure sectors are attracting massive attention today, the same rails will eventually help more traditional capital discover the unique value being created on-chain.

We are still early. Crypto remains one of the fastest-growing industries in history, and its most important innovations are still ahead of us.

That’s why I remain confident.

Over the past few months, we’ve been focused on executing NF’s restructuring while continuing to advance our Humanless Blockchain strategy — building the financial infrastructure for an AI-native future.

Markets change. We keep building.

[Da Hongfei @dahongfei]

Every World Cup captures something about its era.

The 1998 World Cup belonged to the internet age.
The 2010 World Cup reflected the rise of social media.

The 2026 World Cup may be remembered as the first World Cup of the AI era.

Not because AI will replace athletes, coaches, or fans.
But intelligence itself is becoming a new participant in our shared experiences.

SpoonOS is working on an experimental product around this idea.

Sharing soon.

[Da Hongfei @dahongfei]

@TheWeb3buddy @NEOnewstoday @gsmachado @ax_labs As disclosed BD update, USD1 is on the way

[Da Hongfei @dahongfei]

Spent some time in Hong Kong with Dean at @NEOnewstoday , @gsmachado at @ax_labs, and members of the NGD team.

One thing that hasn’t changed over the years is the importance of staying close to the community and the builders who care deeply about Neo.

Good conversations. Clear alignment. Ongoing work.

The ecosystem continues to move forward, one step at a time.

[Da Hongfei @dahongfei]

Over the past months, I’ve received many messages regarding Neo Legacy assets that were never migrated before the migration portal closed.

I’ve spent quite a bit of time thinking about this. While the migration process was available for years, these assets still belong to members of our community, and I believe we should make a genuine effort to address the remaining cases.

I’ve asked NGD to put together a process for collecting information, verifying ownership, and exploring a path forward.

More details will be shared soon.

[Kraken Listings @krakenlistings]

Coming soon: $NEO and $GAS

@Neo_Blockchain is an open-source blockchain platform with a dual token model: NEO governs the network while GAS pays for transaction fees and smart contract execution.

Trading starts May 8

Get ready → https://t.co/47fNCUnRqD

[Da Hongfei @dahongfei]

.@coz_official is describing the same transition the restructuring proposal is built to deliver: founder exclusion from governance, real tokenholder power through staked voting, broader distribution of stake through Giveback II, and an independent Supervisor with legal authority.

Restructuring proposal was designed so that community governance actually means something concrete, not just the word.

https://t.co/G3QSJtgrbc

[NGD (Neo Global Development) @ngd_neo]

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

[Da Hongfei @dahongfei]

I'm at the EthHub HK opening ceremony. Vitalik laid out his vision for how the Ethereum community should approach "building a new tower for Ethereum." I'll be on a panel representing Neo at Web3 Festival HK on the 23rd.

[Da Hongfei @dahongfei]

Appreciate @FranciscoMemor for the fair and objective coverage on what's happening at Neo. It was a great conversation. As I said, this has to end.

https://t.co/YdjIBsJ6HQ

[Da Hongfei @dahongfei]

Appreciate the thoughtful coverage @christinacomben.

This piece captures my perspective on the current situation well.

I’ll leave it to the community to read and form their own views.
https://t.co/hDyU1J3Mui

[Da Hongfei @dahongfei]

@ricklock99 @edgedlt I said there are delays, and it's our fault. In this particular example, it's delayed from Jan to Feb.

[Da Hongfei @dahongfei]

@ricklock99 @edgedlt It supposed to be sent out in Jan. And was sent on Feb 19th by Erik after Feb 3nd requested from NGD. The above info is to explain the actual fact, not to deny there were delays.

[Da Hongfei @dahongfei]

March 2026 compensation to core developers has been disbursed. For the record: the Foundation and NGD, under my management, have funded core developers, contributors, and community groups consistently since inception - through every market cycle, without a single missed period.

[Da Hongfei @dahongfei]

@MalcolmLerider This is the core of my restructuring proposal. No dictatorship + consolidate assets, including treasury, capital, domains, repos, etc. NGD is willing to do it but the single-sig security & dictatorship issue is intentionally being avoided in the counter-proposal.

[Da Hongfei @dahongfei]

Seeing this logo from nearly ten years ago definitely sparks some precious memories. We’ve refreshed the brand a few times, but the heart of Neo stays the same.

I'm still here, and with the recently published Neo Foundation restructuring proposal, the new Neo will surely leave a mark.

Watch @ngd_neo . Real ones only.

[Tyler @TylerDurden]

Real ones remember