What are neutrons? Neutron is a foundational Blockchain platform (Layer 1) built and developed on the Cosmos ecosystem. So what is special and interesting about the 38th project deployed on Binance Launchpool? Let’s find out in the article below.
To understand more about Neutron, people can refer to some of the articles below:
- What is Internet of Blockchain? Advantages and Disadvantages of Internet of Blockchain
- What is Cosmos (ATOM)? Cosmos Cryptocurrency Overview
- What is Inter Blockchain Communication (IBC)? Cosmos’s Core Power
- What is Layer 0? Overview of Layer 0 Platforms in the Crypto Market
Neutron Overview
What are neutrons?
Neutron is a Blockchain platform built and developed on the Cosmos ecosystem, especially Neutron’s development team places great emphasis on the Cross-chain Smart-contracting Platform element, roughly translated as the cross-chain Smart Contract platform with dealing with three major issues: security, neutrality and cross-chain connectivity.
Neutron aims to allow developers to build DApps or Protocols that only need to be deployed once, thereby leveraging the power of IBC and Interchain to expand their influence on the entire Cosmos ecosystem.
Some highlights of Neutron
Neutron was built and developed with a number of outstanding features such as:
- Like many Blockchain platforms on Cosmos, Neutron is also built on the Cosmos SDK toolkit. In addition, thanks to Interchain Security technology, Neutron also inherits security from Validators on Cosmos Hub.
- CosmWasm: CosmWasm is an open source technology based on the Rust programming language, used to develop and deploy Smart Contracts on Cosmos family blockchains. It provides an execution environment and development framework for the creation of decentralized applications and Smart Contracts on Cosmos networks.
- IBC + ICA + ICQ: Neutron connects to Blockchains in the Cosmos ecosystem and outside Cosmos through the IBC bridge, Interchain Queries technology helps developers on Neutron to query data on many different Blockchains and technologies. Interchain Transactions technology helps bring Interchain Accounts into CosmWasm smart contracts.
- Permissionless: Anyone can deploy their products on Neutron’s Blockchain.
Development Roadmap
Update…
Investor
- June 2023: Neutron successfully raised $10M in Seed round with the participation of Binance Labs, Delphi Ventures, CoinFund, Nomad Capital, LongHash Ventures,…
Core Team
Neutron was built and developed by Hadron Labs.
Anthony C.: COO & CFO at Hadron Labs
- Anthony graduated with a Bachelor of Arts (BA), Economics from Saint John University. After graduating, Anthony worked briefly at the Bahamas Securities Commission for 3 months and had a relatively long time working as a Policy Analyst at the Central Bank of the Bahamas.
- After that, Anthony worked at various government organizations such as Director of the International Financial Institutions Management Board at the Ministry of Finance of the Bahamas, Advising the government on promoting the “Technological Transformation” Agenda. digital”. These are the first steps that brought Anthony into the Crypto market.
- In March 2022, Anthony officially took on the role of CEO at OKX Bahamas branch for more than a year before building and developing Hadron Labs.
Avril Dutheil: CEO at Hadron Labs
- Avril studied at the University of Birmingham in England.
- There is not too much information about Avril before entering the Crypto market. In the Crypto market, Avril worked for 4 months at Lido Finance as a Community Manager or worked for more than 1 year at P2P Validator.
- Avril has started building Hadron Labs from January 2023 to present.
Tokenomics
Information about Neutron tokens
- Project name: Neutron
- Token code: NTRN
- Blockchain: Neutron
- Smartcontract:
- Total supply:
Token Allocation
- Founder: 23%
- Community: 12%
- Early Backers: 11%
- Neutron DAO: 54%
Token Release
- Founder will be locked for one year, unlocked linearly for three years, with no voting rights during which time there will be transfer restrictions.
- Early Backers will be locked in for one year, unlocked linearly in three years, with no voting rights during which time there will be transfer restrictions.
- Community will be distributed to the community through Neutron’s launch event and airdrop. 3-month unlocking period and optional lock-in, with voting rights during the transfer restriction period.
- DAO Neutrons will be held in the DAO Reserve and Treasury. It is essentially non-locked and can only be used or transferred with the approval of a majority of voters.
Information about Binance Launchpool
Some information about the Neutron event deployed on Launchpool includes:
- Launchpool token reward: 20,000,000 NTRN (2.00% of total token supply),
- Farm support assets: BNB, TUSD, FDUSD.
- Farming time: 07:00 October 11, 2023 (Vietnam Time) to 06:59 October 31, 2023 (Vietnam Time).
Exchanges
Currently Neutron is traded on Binance and some DEX exchanges on Cosmos such as Astroport.
Project Information Channel
Summary
Neutron is a quite notable Blockchain platform on the Cosmos ecosystem in the near future. However, there are still many things that need to be observed about this project, especially about the ecosystem. Hopefully through this article everyone will understand more about what Neutron is?