NEONNeon EVM (NEON) Price

1. Project introduction

Neon EVM is a fully compatible Ethereum environment solution built on the Solana blockchain.

Neon EVM, a protocol that allows Ethereum-like transactions to be processed on Solana according to Ethereum rules. In addition to providing access to the growing Solana market, Neon EVM allows Ethereum dApps to take full advantage of the functionality native to Solana, including parallel execution of transactions. As such, Neon EVM allows dApps to operate with the low gas fees, high transaction speed, and high throughput of Solana.

Neon EVM is built as a smart contract on Solana. A transaction request is sent to an intermediary proxy server, Neon Proxy, which wraps Ethereum-like transactions into Solana

transactions and sends them to Neon EVM for parallel execution by Solana.

The service is made up of three main components:

· Neon EVM

· Neon Proxy

· Neon DAO

2. Team introduction

Director: Marina Guryeva

https://www.linkedin.com/in/marina-guryeva-1390a03b/

3. Investment institution

Jump Capital, Three Arrows Capital, IDEO CoLab Ventures, Spartan Group, Ethereal Ventures, Solana Ventures

4. Application and distribution

Total supply: 1,000,000,000

Token application:

(1) Payment of fees​

The Neon EVM Operator accepts payment from the user in NEON tokens to pay the fees required for transaction execution.

(2) Governance​

Owners of NEON may engage in the Neon DAO governance activities, including decisions around distributing funds from the treasury.

Token distribution:

Public sale: 5.00%

Early purchasers: 16.12%

Early contributors: 1.00%

Advisors & service providers: 1.07%.

Solana Capital Ventures International: 6.00%

Founders: 15.00%

Ecosystem development: 31.5%

Foundation treasury and ecosystem growth: 24.31%