Neo is transitioning into a new governance era, seeking fresh council members and promoting transparency.The Neo Council Members are required to report their contributions regularly to enhance community oversight.Efforts are being made to invite new council members from diverse backgrounds to foster competition and new ideas.Interested individuals or organizations can apply to become council members by following the outlined steps and paying a registration fee.Transparency is a key focus, with council members expected to showcase their contributions in quarterly reports.Community involvement is encouraged in governance decisions through the Neo Governance subreddit.The Neo Council plays a crucial role in maintaining the network's health, handling blockchain transactions, and making key decisions.Council members receive compensation in GAS tokens for their contributions to network maintenance.The Neo N3 ecosystem is evolving to accommodate new projects and users, with a focus on transparency and collaboration for long-term growth.Community feedback and participation are vital for shaping the future of Neo N3's governance structure.