NEAR is a decentralized application platform with the potential to change how systems are designed, how applications are built and how the web itself works.
It is a complex technology with a simple goal — allow developers and entrepreneurs to easily and sustainably build applications which secure high value assets like money and identity while making them performant and usable enough for consumers to access.
To do this, NEAR is built from the ground up to deliver intuitive experiences for end users, scale capacity across millions of devices and provide developers with new and sustainable business models for their applications. In doing so, NEAR is creating the only community-run cloud strong enough to extend the reach of Open Finance and power the future of the Open Web.
Illia Polosukhin and Alexander Skidanov started NEAR.ai in early 2017
Marieke Flament, CEO
Zug, Zug, Switzerland
Three Arrows Capital
Andreessen Horowitz (a16z)
Marieke Flament Appointed CEO of NEAR Foundation To Spearhead Growth
“The NEAR Foundation is thrilled to announce it has selected global executive Marieke Flament as its new CEO, effective January 1, 2022. The appointment comes at an exciting time for the NEAR ecosystem. The NEAR blockchain is a permissionless, proof-of-stake carbon-neutral blockchain designed to be super-fast, incredibly secure, and infinitely scalable. NEAR is backed by top VCs including A16Z, Pantera Capital, and Electric Capital.”
Near Protocol Raises $350M
“Since its October 2020 mainnet launch, Near has focused on creating a user-friendly platform for developers of decentralized applications (dapps). The speedy proof-of-stake blockchain is meant to serve as an alternative to Ethereum, which has scalability issues that can cause transaction fees to spike.”
Near Raises $150M From Major Crypto Investment Firms
“The fundraising was completed “end to end” in two weeks, reflecting a level of excitement for the up-and-coming chain, according to Dragonfly General Partner Ashwin Ramachandran.
“Near has done a great job from a technology standpoint, and we want to help them achieve a level of developer, user, ecosystem adoption which reflects their current level of technology innovation,” he said, noting that the raise was an opportunity to get more crypto-native investment firms involved in the ecosystem.”