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NEAR Protocol

NEAR

RootData List 2023

Sharded driven dApps platform

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0.56%3.40%61.74%96.83%85.35%13.08%

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Details

This content is generated by RD AI and is for reference only

NEAR Protocol is a sharded decentralized computing platform designed to provide a blockchain environment with high throughput, low latency, and low fees. It supports smart contracts written in Rust and JavaScript/TypeScript, and simplifies user experience through account abstraction, such as human-readable account names. NEAR also offers chain abstraction capabilities for cross-chain interoperability and AI-related tools.

Founded:
2018
Location:
United States

Event Calendar

Jul 10, 2019
NEAR Protocol raised $ 12.1 M in funding round
May 4, 2020
NEAR Protocol raised $ 21.6 M in funding round
Aug 12, 2020
NEAR Protocol raised $ 40.04 M in Public Sale round
Oct 13, 2020
NEAR Protocol is live on mainnet
Oct 31, 2020
NEAR is live for trading
Oct 31, 2021
NEAR launches an $800 million ecosystem development fund.
Dec 15, 2021
Jan 13, 2022
NEAR Protocol raised $ 150 M in OTC round
Apr 6, 2022
NEAR Protocol raised $ 350 M in OTC round
Jul 31, 2026
https://x.com/NEARProtocol/status/2082875217995796606?s=20

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About NEAR Protocol

NEAR Protocol's key milestones include: 1) Post-quantum cryptography support enabling single-transaction key rotation, a critical security upgrade for future quantum threats. 2) Launch of Confidential Intents for confidential execution, expanding privacy capabilities for developers. 3) Cross-chain integration of NEAR token to Solana, enhancing interoperability. 4) Halving annual inflation from 5% to 2.5% despite community vote failure, showing long-term economic sustainability commitment. 5) NEAR AI Agent Fund to support AI-related development. 6) Libre launching tokenized digital funds on NEAR, bridging traditional finance with blockchain. These represent fundamental protocol developments, security enhancements, economic adjustments, and ecosystem expansions rather than routine partnerships.

Updated: Aug 29, 2026

Co-founders:

Alexander Skidanov: Co-founder of NEAR Protocol. Previously founded MemSQL (now SingleStore), where he served as Director of Engineering. He designed and built core database components including lock-free skiplists, clustering, and columnar storage. He also worked at Microsoft.

Illia Polosukhin: Co-founder of NEAR Protocol. Former Engineering Manager at Google, where he co-authored the seminal paper "Attention Is All You Need" that introduced the Transformer architecture. He also worked on TensorFlow and led deep learning research teams.

Core executives:

Cameron Dennis: AI Director at NEAR Protocol, leading artificial intelligence initiatives.

George Xian Zeng: Chief Product Officer (CPO) at NEAR Protocol and General Manager of NEAR AI. Previously held roles at McKinsey, Groupon, and AirCare Labs.

Matt Kummell: Chief Business Officer (CBO) at NEAR Protocol, driving commercial partnerships and growth.

Chris Briseno: Chief Marketing Officer (CMO) at NEAR Protocol, overseeing global marketing and communications.

Updated: Aug 29, 2026

NEAR Protocol recently welcomed Benjamin Kurrek as a Senior Software Engineer in June 2026. He brings deep Web3 experience, having co-founded Keypom (acquired by Infinex) and previously worked at NEAR-affiliated Pagoda. His addition signals a continued focus on strengthening core protocol engineering and developer tooling.

No departures were recorded during this period.

Updated: Sep 8, 2026