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NEO to Launch Open Blockchain Foundation

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NEO, a China-based blockchain project, started Open Blockchain Foundation(OBF) with its USD 1.8m donation, according to its blog.
OBF is an independent neutral foundation, with a mission to support the blockchain technology R&D in general.
NEO’s Founder Da Hongfei made a speech with an announcement of its donation during June’s Crypto DevCon conference, taken place in California US.
NEO token is listed on major crypto Exchanges such as Binance and Bitfinex.