NEAR Protocol is a high-throughput, layer-1 smart contract blockchain designed to provide a highly accessible and developer-friendly environment for building decentralized applications.
On April 6, 2022, NEAR Protocol announced the successful closure of a private venture funding round, securing $350 million. The round was led by Tiger Global, with strategic participation from Republic Capital, FTX Ventures, Hashed, Dragonfly Capital, ParaFi Capital, Blockchange Ventures, and MetaWeb Ventures. The capital was specifically earmarked to accelerate the decentralization of the NEAR ecosystem, bolster developer growth, and establish regional hubs in key community centers across the globe.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Medium | 10.64x | 15 | ||
| Very High | 1.13x | 38 | ||
| High | 1.13x | 26 |