NEAR is a smart contract-capable blockchain that's designed to be a next-generation platform for DApps, with its own unique scaling solution.

Basic Information

NEAR is a decentralized development platform designed to provide the ideal environment for dapps by overcoming some of the limitations of competing systems—such as low throughput, low speeds, and poor cross-compatibility. It operates on top of the NEAR Protocol, a developer-friendly proof-of-stake (POS) blockchain that incorporates a number of innovations to boost scalability and reduce costs for developers and end-users. Its innovations include a unique take on sharding and a powerful new consensus mechanism known as 'Doomslug'. It is being built by the NEAR Collective, a worldwide community of researchers, developers, and thinkers, who wrote the initial code for the NEAR Protocol and continue to support the project by releasing bug fixes, updates, and building out the surrounding NEAR ecosystem. Since the code for NEAR is open source, anybody can join the collectible and begin contributing towards its development. See more

Legal Name

:

Near Inc.

Headquarters

:

San Francisco, California, United States

Founding Date

:

2018

No. of Employees

:

101 to 150

Core Team

:
1.

Alexander Skidanov

Co-Founder

2.

Illia Polosukhin

Co-Founder

Funding

Total Funding

$12.1M

Investors

:

1.

MetaStable Capital

2.

Accomplice VC

3.

Dragonfly Capital Partners