Near (NEAR) price, marketcap, chart, and info - Crypto.co

Designed to give apps web usability, NEAR Protocol is popular with developers. It uses a Proof-of-Stake consensus that makes the platform stable and scalable. Due to the protocol's popularity, NEAR tokens are available on many different exchanges.

More about the NEAR Token

The NEAR token has many purposes, including the ability to store data and process transactions. With tokens, you can also run validator nodes and participate in governance votes. Generally, the votes relate to the allocation of network resources.

There are NEAR tools available to users, which make the platform even more beneficial. For one, NEAR SDKs provide testing tools for Assembly Script and Rust. SDKs also provide standard data structures.

Another tool, Gitpod gives developers zero time onboarding. Meanwhile, the NEAR Wallet makes it possible for developers to build streamlined experiences for their users. The Explorer helps with debugging and the Command Line makes it possible for developers to deploy from local environments.

The Team Behind NEAR

Illia Polosukhin and Alex Skidanov are the founders of NEAR Protocol. Together, they have years of programming experience. In 2018, Skidanov worked on a project that would give developers the ability to make and release their software with less trouble. That project soon became NEAR Protocol.

Today, the company has over 40 staff members. Many of those employees have accolades in coding and similar fields.

Getting NEAR Tokens

More and more exchanges are offering NEAR in cryptocurrency and stablecoin pairs. While Binance has the most pairs, Huobi Global has Ethereum, Tether, and Bitcoin options.

You can also warn NEAR by participating in development bounties. Other ways of earning tokens include rubbing a community, winning a hackathon, or being active in the community. To earn tokens as a validator, convince others to lend you tokens to stake.

If you have friends who use NEAR tokens, they can place their tokens into an account for you. Even if you don't have a NEAR account, you can access the tokens.