Neo Founder Accuses Zhang Zhengwen of Concealing Binance Investment Talks

Da Hongfei says Neo’s 2017 Binance investment is a community asset and plans to realize its value in two years, urging ecosystem cooperation despite governance disputes.

BNB
NEO

Summary

Neo founder Da Hongfei reaffirmed that the project’s 2017 investment in Binance is a community asset, with plans to realize its value within two years. He stated Neo has not received dividends or BNB from the investment and called for cooperation with Zhang Zhengwen to bolster the ecosystem. Zhang responded that discussions should focus on Neo’s internal governance and accountability.

Terms & Concepts
  • Binance: A major global cryptocurrency exchange offering trading and related blockchain services.
  • BNB: Binance Coin, the native cryptocurrency of the Binance platform used for fees and other ecosystem functions.
  • Neo: A blockchain platform focused on digital assets, smart contracts, and decentralized applications.