Da Hongfei: Zhang Zhengwen seriously distorts facts and "only tells part of the truth," while still seeking "limited cooperation"

PANews January 26th News, in response to a post by Neo co-founder Zhang Zhengwen, Neo founder Da Hongfei stated that his claims severely distort the facts. Da Hongfei pointed out that the “mechanism” Zhang Zhengwen requested was actually “every transaction and all expenses must be approved by me,” which is essentially copying the dictatorial management model of the Neo Foundation’s treasury; whereas what he said was that starting this year, the Neo Foundation and NGD’s financial reports would be published quarterly, significantly increasing transparency and detail. Da Hongfei said he had informed Zhang Zhengwen (and other community members) that news and blogs could be published on neo.org, and also sent messages stating that he would authorize the @Neo_Blockchain account for their use to attract fans, but Zhang Zhengwen repeatedly “only told part of the truth.” Da Hongfei stated that all future conversations need to be recorded.

Da Hongfei also mentioned that, for transparency, he asked for and obtained Zhang Zhengwen’s consent to arrange transactions between NGD and the Neo Foundation’s treasury managed by him, with the first batch of $1 million at spot price. The motivations were: first, to increase NGD’s equity share to unify interests; second, to provide operational funds for Zhang Zhengwen to promote the Neo mainnet. Da Hongfei emphasized that he has always sought “limited cooperation,” and both sides still share the common goal of promoting Neo’s development and revival. Cooperation should be based on aligned goals, and disagreements should be handled independently. This is the only way to resolve the governance deadlock of Neo in recent years, and he urged Zhang Zhengwen not to distort his words again.