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Near Protocol

Near Protocol
Seed Round 2019 - $12.1M Raise

Past 10 Jul, 19 - 10 Jul, 19

NEAR Protocol is a developer-friendly, proof-of-stake blockchain platform designed for building decentralized applications. It utilizes a proprietary sharded consensus mechanism called Nightshade, which enables parallel computations to radically boost throughput and eliminate network capacity limits for true linear scalability.

On July 10, 2019, NEAR Protocol successfully closed an oversubscribed seed funding round, securing $12.1 million. The investment was co-led by Metastable Capital and Accomplice, with strategic participation from Pantera Capital, Multicoin Capital, Coinbase Ventures, Electric Capital, and notable angel investors including Naval Ravikant. The newly acquired capital was allocated to recruiting additional software engineers, accelerating developer tooling infrastructure, and finalizing preparations for the mainnet launch.

CoinLaunch Score: Last update:
High 23 Oct

Near Protocol - Seed Round 2019 - $12.1M Raise  Overview

start date: 10 Jul, 19
end date: 10 Jul, 19
price: N/A
Raise: $12.1M
Min. Buy: N/A
Max. Buy: N/A
tokens for sale: N/A
Total Token Issued: N/A

Near Protocol - Seed Round 2019 - $12.1M Raise  Round Result

Raise: $12.1M
Round FDV: $0
Total Raise: $564.08M
Tokenomics FDV: $523.03M
Round Weight:
2.15%
Current FDV:
$4.92B %
More about Near Protocol

Near Protocol - Seed Round 2019 - $12.1M Raise Funds and Backers
(3/10)

Submit
Fund Score Type Retail ROI Numbers of investments
N/A9.38x4
N/A9.38x2
Very High1.92x88
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