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Recently, the Neo community has been making quite a stir. Core developer Erik Zhang publicly questioned founder Da Hongfei—where is the promised financial disclosure?
Specifically, Erik Zhang pointed out that Da Hongfei has not fulfilled his promise regarding financial transparency. He emphasized that all assets and expenditure details managed by the Neo Foundation (NF) should be disclosed to the community. This is no small matter—the way the foundation's money is spent should be verifiable.
It is reported that the two recently communicated via phone. According to the agreement, Da Hongfei should take action regarding the financial report matters. However, given the current situation, this issue still remains uncertain.
This reflects an old problem: governance transparency in Web3 projects. When the community places trust in a project, financial openness should be a basic commitment. As an established public chain project, how Neo handles this internal governance controversy may also provide some insights for other projects.