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NEAR Protocol is a blockchain platform designed for AI applications. It's built to support decentralized applications and intelligent agents, offering the infrastructure needed for AI to operate across both Web2 and Web3 environments. NEAR integrates user-owned AI, ensuring AI agents act in the user's interest, with Intents and Chain Abstraction, which simplify blockchain complexity for seamless transactions across chains. Its sharded blockchain architecture is designed to provide the scalability, speed, and low costs required for AI and Web3 applications. This makes NEAR a foundation for building secure, user-owned, AI-native applications.<h2>Key components and features of NEAR Protocol:</h2><ul><li>Sharding: NEAR uses a sharding mechanism called Nightshade, which divides the blockchain into smaller parts (shards) to allow for parallel processing of transactions. This increases transaction throughput and reduces computational overhead.</li><li>AI Integration: NEAR is actively developing AI-powered features, including "Shade Agents" that use trusted execution environments (TEEs) for verifiable and confidential processing.</li><li>Chain Abstraction: NEAR aims to connect multiple blockchains, enabling seamless interactions across different ecosystems.</li><li>Scalability: NEAR's architecture is designed to scale efficiently, supporting a high number of transactions per second with low fees.</li><li>Developer Experience: NEAR focuses on providing a developer-friendly platform with tools and resources for building decentralized applications.</li></ul>

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ICO on Coinlist. Details:<ul><li>Asset: NEAR Tokens</li><li>Registration Opens: August 4</li><li>Sale Period Begins: August 12 at 2 PM UTC&nbsp;</li><li>Option 1: $0.40 per token, 40-day holding period.</li><li>Option 2: $0.34 per token, 40-day holding period. Tokens release linearly during the 12-month period starting when token transfers are enabled on the network.</li><li>Option 3: $0.29 per token, 40-day holding period. Tokens release linearly during the 24-month period starting when token transfers are enabled on the network.</li><li>If the 40-day holding period has not completed by the time when token transfers are enabled, for either options 2 or 3, it is treated as a cliff lockup until the 40 days from purchase are complete.</li><li>Option 1: Supply capped at 25M NEAR Tokens</li><li>Option 2: No Supply Cap</li><li>Option 3: No Supply Cap</li><li>Overall sale supply cannot exceed 100M tokens.</li><li>Minimum Purchase: 500 NEAR Tokens</li><li>Maximum Purchase: 100k NEAR Tokens (Applies to Option 1 only); 5M NEAR tokens total across all options</li></ul>NEAR Protocol has successfully raised $350 million in its latest funding round, accelerating its mission to help billions of people learn and use blockchain and decentralized technologies.Led by hedge fund Tiger Global, with participation from Republic Capital, FTX Ventures, Hashed, Dragonfly Capital, ParaFi Capital, Blockchange Ventures, and MetaWeb Ventures, this fundraise includes crypto-native funds as well as a notable move into crypto and the NEAR ecosystem from more traditional firms.NEAR Protocol has successfully raised $150 million.The round was led by Three-Arrows Capital with participation from several crypto-native funds including Mechanism Capital, Dragonfly Capital, a16z, Jump, Alameda, Zee Prime, Folius, Amber Group, 6th Man Ventures, Circle Ventures, and MetaWeb.vc — the NEAR ecosystem fund. The round also included several top angels including Alan Howard, Santiago Santos and Aave Founder Stani Kulechov.

Near Protocol

NEAR Protocol is a blockchain platform designed for AI applications.

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