Mapping out NEAR Protocol's ecosystem

Quick Take

  • Founded in 2018 by Alexander Skidanov and Illia Polosukhin, NEAR Protocol is an open-source platform for decentralized applications
  • Last week, NEAR’s bridge to Ethereum, called Rainbow Bridge, officially launched, allowing any user who owns assets on Ethereum to be able to transfer them on NEAR’s blockchain or vice versa
  • In total, The Block has identified 93 projects and companies across 12 different verticals currently expanding on its ecosystem
NEAR Protocol is an open-source platform for decentralized applications, similar to many use-cases offered by Ethereum today. Founded in 2018 by Alexander Skidanov and Illia Polosukhin, the platform intends to solve the technical barriers associated with smart contract platforms and offer higher throughput and less costly transaction fees.  Since NEAR has been in development, the […]

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