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NEAR Protocol is a sharded, developer-friendly, proof-of-stake public blockchain. It's designed to be a highly scalable and low-cost platform for decentralized applications (dApps). NEAR focuses on usability for both developers and end-users, aiming to bridge the gap between the complex world of blockchain and mainstream adoption. It is supported by the NEAR Foundation, a Swiss non-profit that supports community-driven innovation and the NEAR ecosystem. Key features include human-readable account names, progressive security, and a focus on chain abstraction to simplify user experience across multiple blockchains.
Serves as the administrative, strategic, and funding hub for the NEAR Foundation, coordinating ecosystem development, grants, partnerships, and community initiatives for the NEAR Protocol.
Located within Switzerland's 'Crypto Valley,' offering proximity to a vibrant ecosystem of blockchain companies, talent, and supportive regulatory frameworks.
The NEAR Foundation fosters a culture of innovation, collaboration, and decentralization. It supports a global, remote-first community with an emphasis on open-source principles and community-driven governance.
Its location in Zug provides legitimacy, access to a global financial and tech talent pool, and a stable regulatory environment conducive to blockchain innovation.
NEAR Protocol has a significant global presence, driven by its decentralized nature and the efforts of the NEAR Foundation. Functions supported globally include core protocol development, dApp creation, validator operations, community building, education, and ecosystem funding. Active communities and development efforts span North America, Europe, Asia (particularly East and Southeast Asia), and increasingly, other regions. The Foundation supports this through online initiatives, global hackathons, grant programs, and by empowering regional hubs.
Dammstrasse 16
Zug
ZG
Switzerland
Address: N/A - Distributed team
Enables access to a global talent pool and fosters a worldwide community. Regional hubs and guilds often form organically or with Foundation support in key tech centers like San Francisco (USA), Lisbon (Portugal), Seoul (South Korea), and various locations in Southeast Asia and Europe to support local ecosystem growth.
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As of April 2025, NEAR Protocol' leadership includes:
NEAR Protocol has been backed by several prominent investors over the years, including:
Over the past year, the most notable executive change at the NEAR Foundation was the appointment of a new CEO, Chris Donovan, following the departure of Marieke Flament.
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Email addresses associated with the NEAR Foundation, which supports the NEAR Protocol, typically use the @near.foundation domain. Common formats include first name initial followed by last name, or first name dot last name.
f[last]@near.foundation or [first].[last]@near.foundation
Format
j.doe@near.foundation
Example
70%
Success rate
Cointelegraph • June 12, 2024
NEAR Protocol has unveiled a new solution aimed at simplifying user interaction with multiple blockchains, focusing on 'chain abstraction' to allow users to interact with dApps across different networks without needing to manage multiple wallets or be aware of the underlying chain....more
Blockworks • May 29, 2024
The NEAR Foundation announced a strategic partnership with digital assets institution Nexo. The collaboration will see NEAR integrated into Nexo’s suite of products, enhancing accessibility for Nexo's user base....more
NEAR Blog • May 15, 2024
The NEAR Foundation has officially announced that NEARCON 2024, its annual global community event, will take place in Lisbon, Portugal. The event aims to bring together developers, entrepreneurs, and enthusiasts to discuss the future of Web3 and the NEAR ecosystem....more
Decrypt • April 24, 2024
The USN Protection Programme announced that USN, a decentralized stablecoin on the NEAR Protocol, will be wound down due to under-collateralization risks. Measures are being put in place to ensure users can redeem USN....more
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