NEAR Protocol

ICO

IDO

Last updated: Oct 11, 2024

NEAR is a user-friendly and carbon-neutral blockchain, built to be fast, secure, and able to grow without limits. The platform uses a Proof-of-Stake consensus mechanism and sharding technology in an attempt to solve blockchain problems related to scalability.

Funding Round: N/A

Funding Round: $150M

Funding Round: $350M

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Overview

Project industry	Blockchain Infrastructure / Near Ecosystem
Product type	Ecosystem
Founded	United States
Whitepaper	Open

What is NEAR Protocol

NEAR is a technical marvel, offering built-in features such as named accounts and account abstraction. For developers, NEAR offers everything needed for their applications, from smart contracts to indexers. All while being interoperable with other chains.

Simple to Use

Use named accounts like alice.near

Simple sign-up: make an account using email or telegram

Transactions are fast (~1.3s transactions) and cheap (< 1¢ in fees)

You don't need to buy crypto thanks to built-in account abstraction

Access Keys make it safe and easy to use.

Control accounts on other chains thanks to chain signatures

Battle-Tested

4 years of 100% uptime with more than 800M transactions processed

NEAR has sustained peaks of >13M transactions in a day

In March 2024, the top three monthly dApps, based on unique active wallets, were built on NEAR...

Great Developer Experience

Build smart contracts with Javascript or Rust

Simple onboarding, thanks to its complete documentation and examples

Get answers and learn at NEAR DevRel office hours, where anybody can participate

Earn from your contract's gas fees

EVM compatible with Project Aurora (Deploy your Solidity contracts with ease)

Environmentally Friendly

NEAR is certified carbon-neutral

NEAR consumes in a year the same energy bitcoin consumes in 3 minutes

Details

IDO (Coinlist Launchpad): Aug 11, 2020 - Aug 13, 2020
Pre-sale token supply: 236,640,000 NEAR
Token supply: 1,180,000,000 NEAR
Total tokens for sale: 357,040,000 NEAR
Raised: 500,000,000 USD +

Legal

Blockchain Platform: Near Protocol
Registration country: United States
Registration year: 2018

Office address: 181 2nd St, San Francisco, California 94105, US

Token info

Ticker: NEAR
Type: Utility-token
Token distribution:
7,79% - Foundation Endowment
9,35% - Community Sale
18,44% - Small and Large Backers
10,91% - Core Contributors
8,89% - Operation Grants
13,41% - Community Grants
22,09% - Epoch Rewards
9,12% - Early Ecosystem