Develops an application platform designed to bring blockchain to a wide variety of mainstream applications. Also backed by A16z, Fabric Ventures, CoinFund, and Pantera Capital.
Near Protocol is a decentralized development platform designed to host serverless applications and smart contracts, aiming to offer the ideal environment for DApps with its high throughput, low latency, and scalability without compromising on security. Near simplifies the development process, making blockchain technology more accessible to developers through its user-friendly interface and infrastructure. The platform's unique nightshade sharding technology enables it to achieve scalability and maintain high performance. Near Protocol's backing by notable investors like Andreessen Horowitz (A16Z), Fabric Ventures, CoinFund, and Pantera Capital signifies its strong potential in mainstream blockchain adoption.