Hong Kong — Neo, the leading open-source, community-driven blockchain platform, has today announced a strategic partnership with ZeroX, a pioneering Web3 game onboarding company. This collaboration marks a significant milestone, with ZeroX integrating into the soon-to-be-launched Neo X sidechain to enhance the Neo ecosystem. ZeroX specialises in developing a utility layer atop the current blockchain assets infrastructure, seamlessly connecting blockchain assets with traditional applications. This integration empowers these assets with enhanced utilities across multiple chains, offering a more versatile and robust end-user experience.
ZeroX will integrate with Neo X due to its scalable, secure, and developer-friendly blockchain infrastructure, fueling the building and deployment of Web3 applications aimed at mass adoption. Neo X’s features, such as anti-MEV protection, enhanced security, and cross-chain functionality, perfectly align with traditional users' needs, offering lower barriers to entry and reduced usability friction. This robust infrastructure ensures the seamless on-chain status progression of Web3 assets through ZeroX's ERC-7672 protocol.
Boasting an award-winning ERC-7672 protocol, ZeroX introduced the groundbreaking concept of Derivable Asset Utilities (DAUs) to the DeFi field. DAU constructs a utility layer on an existing blockchain assets infrastructure, connecting blockchain assets, and traditional applications, such as games. Each application within this utility layer enables an independent, tradable utility for any supported asset, enhancing versatility and interoperability.
John Wang, Head of Neo Eco-Growth, warmly welcomed the announcement, saying, “ZeroX takes a highly innovative approach to empowering blockchain assets and increasing liquidity. We look forward to seeing ZeroX thrive in the Neo X ecosystem and achieve mutual benefits with the projects within it. Our technological alignment, strong community support, mutual focus on innovation, and a shared vision for mass adoption will ensure a cohesive and impactful partnership.”
William Hong, Co-Founder and CEO of ZeroX, expressed his excitement about joining the Neo X ecosystem, saying, “We are thrilled to integrate with the Neo X chain, whose scalable and secure blockchain infrastructure perfectly aligns with our mission to connect traditional users to Web3 assets. Together, we are set to drive forward the mass adoption of Web3, underpinned by our shared commitment to technological advancement and community support.”
