Project basic information

Issue Time:2020-08

Total Supply:1,000,000,000

Circulation :563,065,519

White paper:https://docs.near.org/docs/develop/basics/getting-started

Website:https://near.org/

Block Explorer:https://explorer.near.org/

Project Introduction

NEAR Protocol is a decentralized platform designed to create Internet applications. The network operates on a Proof-of-Stake consensus mechanism called Nightshade, which aims to ensure scalability and stable commission.

NEAR is a native service token that is used for:

Fees for transaction processing and data storage.

Launching validator nodes in the network by stacking NEAR tokens.

Voting on network management, for example, to determine how to allocate network resources.