NEAR Protocol Provides Development Grant To InsurAce․io

PRESS RELEASE. InsurAce.io has announced that its proposal for a NEAR protocol development grant has now been granted, and that its deployment on NEAR shall take place very soon. InsurAce.io is constantly on the search for new ecosystems and technologies. They have stated that new procedures and protocols will be implemented ever since the initial […]

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Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

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Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs

Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30% or more since 2021’s price […]

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NEAR Protocol Price Up 36% In the Past Week, Exploring Metaverse and Web3 Is Paying Off

With cryptocurrency markets seeing bearish momentum today, most coins registered single-digit percent price drops. However, with all the blood in the market, NEAR Protocol’s price increased by over 36% in the past week. What is NEAR, and why is the price rising? Let’s find out. What Is NEAR Protocol? NEAR describes itself as a collective, a foundation, and a development platform built on a new layer-one blockchain. According to its official website: “The NEAR Foundation (“NF”) is a unique kind of organization.  It helped to launch both a technological platform — the NEAR Protocol — and the ecosystem around it.”

The post NEAR Protocol Price Up 36% In the Past Week, Exploring Metaverse and Web3 Is Paying Off appeared first on The Merkle News.

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