NEAR isn't just a Layer 1 blockchain - it's the Blockchain Operating System for an open web. Unlike other next generation blockchains, NEAR was built from the ground up to be easy to build on for developers and accessible and simple to onboard for their users. Create and discover decentralized apps, and help build the future of the web, today.
“We are building a new organising principle for the planet and a new foundation of trust. Don’t you think it would be a good thing for humanity?” ― Joe Lubin, Co-Founder Ethereum
Punchline: Though the NFT market shows signs of turbulence – lower volumes, activity, and royalty fees – the space feels much more active compared to the 2019 bear market. Brands are busy building.
Punchline: Interoperability crucial for what is commonly referred to as the “open metaverse”. Without it, Web3 is basically worthless. Interoperability enables assets like NFTs to move freely across various chains and platforms, enhancing their value (cf. Transferability). “The Road to Interoperability” is still the best report I’ve found on that topic.
Punchline: Citigroup's private blockchain aims to enhance efficiency, though it contradicts the ethos of decentralization. This move doesn’t come as a surprise though: Citi’s crypto history dates back to 2017, when it became a founding member of the Enterprise Ethereum Alliance. Adoption? Yes.
