NEAR Protocol is a high-performance, developer-friendly layer-1 blockchain designed to accelerate the mass adoption of Web3 applications. Its native NEAR token is utilized for securing the network through staking, paying computation fees, and participating in decentralized governance.
On January 13, 2022, the NEAR Foundation announced the close of a private token sale, securing a $150 million investment to expand ecosystem growth and develop regional hubs globally. The funding round was led by Three Arrows Capital, with strategic participation from prominent venture funds including Mechanism Capital, Dragonfly Capital, a16z, Jump Capital, Alameda Research, and Amber Group. Several notable angel investors, including Alan Howard and Stani Kulechov, also participated to support the protocol's global expansion initiatives.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| N/A | 3.23x | 5 | ||
| Medium | 2.17x | 47 | ||
| Very High | 2.10x | 39 |