Da HongFei

Da Hongfei is a Co-founder of the network, a platform for building  (dApps). He is also the Founder and CEO of Onchain, a technology company in China. [1][2]


Da Hongfei attended the South China University of Technology, Guangdong Province of China, between 1997 and 2001 where he graduated with a Bachelor of Arts (B.A) in English and Technology. [1][3]


Hongfei held a position at IntPass Consulting in Shanghai from 2005 to 2013 before starting a career in the technology industry. In 2011, Hongfei initiated a campaign that fostered the growth of a community in China, actively advocating for Bitcoin adoption in the country. [2]

In January 2014, he co-founded and in December 2016, established Onchain. [2][3]


In 2014, Da Hongfei met his co-founder at the Bitcoin Conference in Shanghai. They formed a partnership and announced the launch of their first company, AntShares, which focused on developing (dApps).

In June 2017, AntShares rebranded as . The main reason for the rebranding from AntShares to NEO was brand conflicts and potential confusion with other entities. In particular, the Chinese internet financial company, Ant Financial, had a similar name and was associated with Alibaba Group, causing confusion. [10]

"To avoid these conflicts and create a distinct identity, we chose the name Neo. We decided to pick a name that represents new in Latin, so we rebranded ourselves NEO." - Da HongFei, Founder of NEO[10]

The Neo platform uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and provides infrastructures such as decentralized storage, oracles, and domain name service, which contribute to the foundation of the Next-Generation internet. Within this ecosystem, users can create, deploy, and utilize  (DApps), products, and services. [7]

Both and the are platforms that enable the creation of DApps and utilize protocols. Due to these similarities, Neo is nicknamed "the Chinese Ethereum". [2][1]

However, there are significant differences between Neo and . Neo was created by Da Hongfei and his colleagues using a consensus mechanism called delegated Byzantine Fault Tolerance (dBFT). The transition to dBFT was made after the release of the April 2016 that introduced this new consensus method. [7]

"NEO is a lot of things. It's an open-source project; it's a protocol; it's software; it's a node; it's all the other people that are behind the NEO community. So, it's a lot of things." - Da Hongfei commented in an interview[8]


Da Hongfei is also the Founder and CEO of Onchain[9], an enterprise solution that emerged from the NEO ecosystem and serves businesses in China, founded in 2016. [3][4]

Speaking in an interview, Da HongFei said:

"In 2016, I founded Onchain, a top blockchain technology company in China, which has conducted in-depth cooperation with the Guiyang municipal government and the Tongren municipal government to provide digitization solutions through blockchain technology. With blockchain technology, we are seeing a new system — decentralized, automatic and autonomous institutions — for people and institutions around the world to better collaborate.[5]

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Da HongFei

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Edited On

July 25, 2023

Reason for edit:

reviewed & updated page


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