NEOPIN is a non-custodial Permissioned protocol for the use of crypto with regulatory frameworks while leveraging the benefits of both CeFi and DeFi. ^[1][2]

Overview

Launched in January 2021, NEOPIN is a decentralized financial platform based in Abu Dhabi, operating on the Permissioned DeFi protocol. With a focus on stable security measures and a regulated environment, NEOPIN aims to bridge the gap between traditional finance and decentralized finance for all users. ^[3]

In July 2023, NEOPIN was selected to join the Innovation Programme of the United Arab Emirates (UAE), a leading country in the blockchain industry. NEOPIN is currently cooperating with the UAE government to develop the DeFi regulatory framework and expand services based on it globally. ^[1][8]

"NEOPIN is a Permissioned DeFi protocol that has an innovative approach to the market, taking advantage of CeFi and DeFi. The protocol aims to lead a new era of the Permissioned DeFi by leveraging the stability and security of centralized systems with the flexibility and transparency of decentralized ones."^[4]

There are 2 ways to participate in NEOPIN's Permissioned DeFi protocol: NEOPIN App and NEOPIN Web & Extension. ^[1]

In July 2022, NEOPIN partnered with Cube Entertainment, an entertainment company in South Korea to cooperate in all areas of blockchain business and ecosystem through the exchange of information on blockchain technology, cooperation in service development, and marketing campaigns to expand into the global market. ^[6]

In April 2024, NEOPIN announced a new RWA platform that will position the protocol to become a global leading Real World Asset (RWA) DeFi protocol. The platform will combine the liquidity of traditional finance with blockchain technology, creating global marketability with high levels of security and regulatory compliance. ^[7]

The key objectives of the new RWA platform include the development of a dedicated RWA platform based on the order book, the expansion of innovative RWA product offerings, and the expansion of the RWA multi-chain strategy. ^[7]

"NEOPIN's RWA platform aims to attract global institutional partners and users and then position itself as an essential infrastructure for institutions," said Ethan Kim, CEO of NEOPIN.
"With our new platform, innovative product suite and institutional acquisition, we will grow into the top tier of global RWA within two years."^[7]

Permissioned DeFi Protocol

"Permissioned DeFi" is a concept that aims to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi). The idea behind Permissioned DeFi is to take the best aspects of both CeFi and DeFi and combine them to create a financial ecosystem that is efficient and more transparent. Permissioned DeFi solves these problems of CeFi's transparency and DeFi security by leveraging the strengths of both CeFi and DeFi, such as providing a stable and secure platform with regulatory compliance, while also providing transparency and accessibility. ^[5]

NEOPIN Token

$NPT is the main economic medium for exchange and rewards within the NEOPIN ecosystem. The NPT economy connects various crypto financial services, such as P2E, S2E, M2E, and NFT, through which users and liquidity providers can benefit from NPT. Users can supply virtual assets or NPT into a liquidity pool on NEOPIN, generating fees for swap transactions and contributing to the NEOPIN ecosystem's growth and the NPT's value. ^[9]

The NPT economy rewards users based on their contribution to the NEOPIN ecosystem. NEOPIN aims to create a user-centered ecosystem by establishing a sustainable token economy and distributing a significant portion of the rewards to users. ^[9]