What is NEAR?

NEAR

NEAR Protocol: Powering Scalable and AI-Driven Applications

NEAR Protocol (NEAR) is a blockchain platform built to deliver high-speed, low-cost transactions and support scalable decentralized applications (dApps). With a strong focus on enabling AI-powered solutions, NEAR provides developers with user-friendly tools and powerful infrastructure to build the next generation of intelligent applications. Founded by Alexander Skidanov and Illia Polosukhin, NEAR aims to make blockchain technology accessible and practical for everyday use while driving innovation in AI integration.

Why NEAR is a Leader in AI-Ready Blockchain

NEAR addresses key challenges in blockchain adoption and AI integration:

Scalability: NEAR’s sharding technology ensures high throughput, enabling applications to scale to millions of users.

Low Costs: NEAR offers minimal transaction fees, making it viable for both developers and end-users.

AI Integration: NEAR’s infrastructure is optimized to support AI-driven applications, bridging the gap between blockchain and emerging technologies.

This combination positions NEAR as a go-to platform for developers building future-ready decentralized solutions.

How NEAR Empowers the Next Wave of Applications

NEAR’s architecture is designed to make blockchain development simple, secure, and scalable. With features like human-readable account names, seamless onboarding, and robust smart contract capabilities, NEAR lowers the barrier for developers entering the blockchain space. Its focus on AI-powered applications enables innovative use cases across finance, gaming, supply chain, and more, making NEAR a hub for the next wave of digital transformation.

Invest in NEAR

For investors, NEAR offers an opportunity to participate in the growth of a platform at the forefront of blockchain scalability and AI integration. Virtune Staked NEAR ETP is a physically backed Exchange Traded Product (ETP) that seamlessly combines exposure to NEAR with the benefits of staking. With staking incorporated, this ETP enables investors to generate additional yield on their NEAR investment. This is made possible through a transparent and physically backed structure with institutional grade security.

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