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Overview
The NEAR Foundation is a Swiss non-profit based in Zug that supports the NEAR Protocol, a sharded proof-of-stake blockchain that launched its mainnet in 2020. It funds protocol research, developer tooling and regional ecosystem programmes, with an emphasis on account abstraction and mainstream usability. In recent years the organisation has directed much of its funding toward decentralised artificial intelligence and chain abstraction initiatives.
News
Near Foundation Plans AI Delegates to Solve DAO Voter Apathy
The Near Foundation is developing AI delegates for its decentralized autonomous organization, aiming to address low voter participation.
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Report
Near Foundation launches Nuffle Labs with $13M to advance modular blockchain infrastructure
Near Foundation launches Nuffle Labs with $13M to advance modular blockchain infrastructure - SiliconANGLE
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Near Foundation treasury drops to $900M as token price plunges
The treasury currently consists of $349 million in fiat, 315 million NEAR, and $90 million in loans and investments.
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