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Press Release

April 30, 2021StackOS, an open protocol that allows individuals to collectively offer a decentralized cloud, has announced that it has entered into a strategic partnership with Neo, the most feature-complete blockchain platform for building decentralized applications. To cement this new relationship, StackOS will play a pivotal role during the Neo Hackathon, which will kick off in the middle of May.

Launched a little more than a week ago, $STACK has since increased its market capitalization to just under $10 million. StackOS is an infrastructural protocol that allows developers to deploy and host their applications onto its decentralized cloud.

Da Hongfei, founder of Neo, announced that StackOS will be incubated as its premier decentralized cloud solution on the blockchain: 

“We welcome the addition of StackOS to the family of successful Neo incubated projects, which will also add value to the Neo ecosystem, enabling community developers to deploy applications in minutes on the decentralized cloud. This will make deploying applications anonymous, secure, cheaper and resistant to DDoS attacks.”

Vishnu Korde, CEO and co-founder of StackOS, expressed his delight at the announcement:

“We aim to support Neo developers in connecting more easily to our platform, including allowing computing resources to be bought with Neo. We have also arranged for our native $STACK tokens to be interoperable on the Neo blockchain.”

To ensure easy Neo integration, developers can write their applications, bundle them as a Docker Image and then deploy them on private testnets before promoting them to the mainnet in seconds. Utilizing private testnets will allow DevOps to work privately and much more effectively. Native NeoFS integration on StackOS will enable applications deployed on StackOS to use it as a decentralized filestore. This functionality is available all within the decentralized cloud of StackOS.

“The hackathon will introduce developers worldwide to StackOS with a Neo N3 node integrated for the event, and all applications built during the event will be deployed on the decentralized cloud of StackOS,” added Hongfei.

About Neo

Neo was founded in 2014 and has grown into an open-source community-driven smart contract blockchain platform.

It is the most feature-complete blockchain platform for building decentralized applications. Neo enables developers to digitize and automate the management of assets through smart contracts. It also provides powerful native infrastructures, such as decentralized storage, oracles and self-sovereign ID solution, creating a solid foundation for the next-generation internet.

The Neo Foundation was established as a strategic guide for the Neo platform. As an organization, the Neo Foundation sets the overall goals for the project and provides funding to other self-governed groups to pursue these goals as they see fit.

About StackOS

StackOS is a cross-chain open protocol that allows individuals and organizations to share their computing resources and collectively offer a decentralized cloud. It enables developers around the world to deploy any full-stack application, decentralized application, blockchain private nets and main net nodes.

Codenamed “The Unstoppable Infrastructure Protocol,” StackOS allows any person across the world to deploy their application without incurring heavy cloud management costs and freely run any application they wish to run. StackOS, furthermore, intends to help brick-and-mortar businesses around the globe to go online cost-effectively and securely with minimal technical overhead.

This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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