NEAR is a scalable blockchain designed to provide the performance and user experience necessary to bridge the gap to mainstream adoption of decentralized applications.
NEAR is building the tools to enable community-driven innovation that benefits people around the world.
NEAR Protocol was founded in 2017 by Alexander Skidanov and Illia Polosukhin. The company is headquartered in San Francisco, California.
Near is building NEAR, a new application platform designed to bring blockchain to wide variety of mainstream applications. NEAR has already established communities in Asia, Africa and Europe, and is looking to help support emerging communities in Latin America, Turkey and India.
NEAR's platform provides decentralized storage and compute that is secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people, putting the power of the Open Web in their hands.
NEAR network has processed more than 70 million transactions, and supports over 2.3 million accounts. It has 200,000 community members, 1,700 actively monthly builders and more than 100 guilds.
NEAR is backed by Andreessen Horowitz, Tiger Global, Accomplice, Pantera Capital, Electric Capital, DCG, Blockchange, Dragonfly Capital, Coinbase Ventures, Blockchain.com, Baidu Ventures, Alameda, and others. The company raised $350M in new financing on Apr 06, 2022. This brings NEAR's total funding to $565.9M to date. NEAR has a market cap of $11.09B as of Apr 10, 2022.