Published: Jan 09, 2019

NEAR Protocol

Website

Status

ICO

IDO

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

Whitepaper

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Interest lvl

Highest

Updated: Oct 11, 2024

Learn more about our rating

User Rating

High

3.7/5 • 3 votes

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Ticker

NEAR

Type

Utility-token

FoundedUnited States

Registration countryUnited States

Registration year2018

Office address181 2nd St, San Francisco, California 94105, US

Launchpads

Coinlist

Ecosystems

Near

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

NEAR Protocol Roadmap

Q4 2022

Meta Transaction
Fiat Storage
Tier 1 Network
Cold Storage

Q1 2023

Zero Balance Account
Tier 2 Network

Q2 2023

Smooth user onboarding
Zero-knowledge Light Client
Paralelize Storage Writes
Stateless Validation

Q3 2023

New Key Value Storage
zkwasm
Light Client Sync

Q4 2023

Account Aggregation
Non-refundable Storage
Ethereum wallet support
Header Carbage Collection
zk-centric sharding

Q1 2024

Global Storage
Synchronos Sharding
Data Availability
Congestion Control

Q2 2024

Light clients in Wallets and dApps
Transaction Priority

Token Sale Dates

IDO

Start date: Aug 11, 2020

End date: Aug 13, 2020

Token Allocation

Presale Token Supply 236,640,000 NEAR

Total Token Supply 1,180,000,000 NEAR

Total Tokens for Sale 357,040,000 NEAR

Funding Details

Funds Raised (as of now) 500,000,000 USD +

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