What is NEAR?
A blockchain designed for scalable, user-friendly applications
NEAR is a blockchain network built to support applications that need to scale smoothly while remaining easy to use. The platform focuses on reducing complexity for both developers and end users, making blockchain-based services more accessible in everyday scenarios.
By combining high performance with a user-friendly design, NEAR aims to support applications that feel closer to traditional digital services while benefiting from decentralized infrastructure.
Why NEAR?
NEAR focuses on removing common barriers to blockchain adoption:
Built to scale: The network is designed to handle growing numbers of users and applications without congestion or rising fees.
Low transaction costs: Fees are kept low, enabling frequent interactions and small-value transactions.
User-first design: Features such as readable account names and smooth onboarding make applications easier to understand and use.
This approach makes NEAR well suited for consumer-facing applications and emerging digital services.
How NEAR supports modern applications
NEAR provides developers with tools that simplify building and running decentralized applications at scale. The network is designed to support a wide range of use cases, including financial services, digital marketplaces, and interactive applications.
With a growing focus on applications that combine blockchain with advanced technologies such as artificial intelligence, NEAR positions itself as infrastructure for the next generation of digital platforms.
Invest in NEAR
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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