Da Hongfei, the co-founder of the Neo blockchain, has officially released a comprehensive proposal aimed at restructuring the Neo Foundation. The move follows an admitted period of internal friction and strategic misalignment between the project's leadership. The proposed transition seeks to evolve the organization into a founder-independent stewardship institution, effectively removing the governance bottlenecks that have hindered the platform’s decision-making processes in recent months.
Addressing Governance Deadlock and Vision Divergence
According to the official statement released on April 14, 2026, the Neo ecosystem has reached what Da Hongfei describes as an "inflection point." The proposal highlights a growing disconnect between the two original founders regarding the project's future priorities. This divergence has led to a governance deadlock, making it increasingly difficult for the Foundation to authorize critical operational and developmental actions.
Neo is at an inflection point. The two founders have diverged in vision and priorities, producing a governance deadlock that prevents the Foundation from making critical decisions. This proposal redesigns the Neo Foundation as a founder-independent stewardship institution.
The restructuring is designed to mitigate the risks associated with centralized founder influence. By shifting toward a more autonomous management model, the Foundation aims to ensure that Smart Economy initiatives and technical upgrades can proceed without being stalled by executive disputes.
Structural Changes and Future Implications
The proposed roadmap involves several technical and administrative shifts intended to stabilize the NEO and GAS ecosystems. The focus remains on maintaining the integrity of the blockchain while decentralizing the administrative oversight. Key components of the restructuring include:
- The establishment of a neutral board of stewards to oversee treasury management.
- Implementation of a protocol-driven decision-making framework to reduce reliance on individual founders.
- Enhanced transparency protocols for the allocation of foundation resources toward dApp development.
- A renewed focus on the Neo N3 governance mechanism to empower the community council.
Industry analysts suggest that this shift could serve as a blueprint for other legacy blockchain projects facing similar leadership transitions. By formalizing a "founder-independent" status, the Neo Foundation intends to provide a more predictable environment for developers and institutional partners who utilize the network’s infrastructure.
In conclusion, the restructuring proposal marks a significant pivot in Neo's decade-long history, moving away from its original leadership-centric model. If implemented, these changes will prioritize institutional stability over founder-led direction, potentially resolving the current administrative paralysis. The community and stakeholders now await further details on the voting process and the specific timeline for the transfer of stewardship responsibilities.
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