## Abstract

OriginTrail Parachain became NeuroWeb after successful [community referendum](https://neuroweb.subscan.io/referenda/5). This change includes renaming of token OTP to NEURO, and OTP is present on Moonbeam as xcOTP asset and we would like also to rename it here to xcNEURO.

## Details

NeuroWeb is a decentralized Artificial Intelligence blockchain designed to incentivize knowledge creation, connectivity and sharing through Knowledge Mining. It’s utility token NEURO is designed to fuel the AI knowledge economy, rewarding relevant knowledge contributions to the OriginTrail Decentralized Knowledge Graph.

NeuroWeb builds on the basis of its predecessor - the OriginTrail Parachain - which was transformed into NeuroWeb via a community Governance vote 1 on OriginTrail Parachain in December 2023. NeuroWeb is a permissionless, EVM enabled blockchain secured by Polkadot validators.

As OriginTrail Parachain there was established XCM connection with Moonbeam and registered asset under name xcOTP. If this proposal passes, xcOTP will be renamed to xcNEURO. No underlying technical details nor asset location on NeuroWeb have changed, and XCM communication still works. This is only a cosmetic change.

Additionally, NEURO token become recently listed.

## Technical Details
Asset Set Metadata: 0x68133344e54652e7d504a7beea57768e9c22b3204e6575726f5765621c78634e4555524f0c00

Preimage Hash: 0x27af2bdcbff1c2a7cf641dd6635eba6b40c719516447c3d187279e6c349f45f9

Referenda Submit Proposal: 50

Links:

- [NeuroWeb website](https://neuroweb.ai/)
- [NeuroWeb documentation](https://docs.neuroweb.ai/)

NeuroWeb

- **Problem Statement:** Renaming the token OTP to NEURO and xcOTP to xcNEURO in the NeuroWeb blockchain after a successful community referendum.
- **Significance:** Enhancing the branding and consistency of NeuroWeb's utility token and asset names.
- **Proposed Solution:** Rename the token OTP to NEURO and xcOTP to xcNEURO in the NeuroWeb blockchain.
- **Expected Outcomes:** Improved clarity and alignment in the NeuroWeb ecosystem, maintaining consistency with the community's decision.

#50 Rename asset xcOTP to xcNEURO

No Active Proposals