NELO

As the team was developing its own online metaverse and game, they realized that none of the existing Layer-1 solutions were robust and fast enough to provide the appropriate infrastructure for their evolving metaverse game. That is the reason why the NELO team decided to develop a Layer-2 blockchain on their own. In addition to the NELO Smart Chain, the team will be releasing Neloverse, the first metaverse to launch on the platform. The team put together their talents to create NELO Smart Chain, a blockchain devoted first and foremost to creating a foundation for crypto games. While NELO features a Turing-complete development environment for soliditydevelopers, the focus is on the gaming industry. NELO features built-in templates for NFT issuance, tokenomics design and metaverse components. NELO is designing its decentralized node network to further align the needs of gamers and game developers, incentivizing the game developers and gamers to become nodes and validators. Rather than creating separate communities with different interests, the NELO network merges the two, providing the community an additional way to earn income and become the true owners of the network itself.