Near Protocol is a highly scalable layer-1 blockchain network designed to facilitate decentralized application development through sharding and a developer-friendly architecture. Its native token, NEAR, is utilized for securing the network via staking, participating in governance, and paying for transaction fees.
On August 12, 2020, Near Protocol executed its Option 3 public token sale via CoinList. This tranche offered tokens priced at $0.29, subject to a 24-month linear vesting schedule following the mainnet launch. Ultimately, the multi-tranche offering secured approximately $30 million in total commitments, distributing 100 million tokens to over 1,500 successful participants.
Near Protocol - ICO Round on CoinList - Option 3 Overview
40-day holding period, then 24-month linear vesting
CoinList
Near Protocol - ICO Round on CoinList - Option 3 Round Result
How to join Near Protocol - ICO Round on CoinList - Option 3?
The Near Protocol ICO was conducted as a tiered offering on the CoinList launchpad, with this specific tranche designated as Option 3. To participate, users were required to complete advanced KYC and verify their eligibility, as the sale strictly excluded residents of the United States, China, and certain other jurisdictions.
Participants had to fund their CoinList accounts and navigate the platform during the active sale window on August 12, 2020. This tranche required a minimum purchase of 500 NEAR and offered a discounted price in exchange for a longer 24-month linear vesting commitment. The event experienced significant oversubscription, ultimately distributing tokens to over 1,500 successful bidders from a pool of nearly 10,000 registrants.
Step-by-step Guide
Register an account on CoinList and complete the mandatory identity verification.
Verify your jurisdictional eligibility to ensure you are not from an excluded region.
Fund your CoinList wallet with supported cryptocurrencies or fiat.
Navigate to the Near Protocol Option 3 sale page during the active window.
Submit your allocation request between the 500 NEAR minimum and the designated maximum limit.