{"id":51750,"date":"2021-10-25T20:09:04","date_gmt":"2021-10-25T17:09:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51750"},"modified":"2025-09-03T01:26:47","modified_gmt":"2025-09-02T22:26:47","slug":"near-protocol-sets-up-an-800m-fund-to-develop-its-ecosystem","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/near-protocol-sets-up-an-800m-fund-to-develop-its-ecosystem\/","title":{"rendered":"NEAR Protocol sets up an $800m fund to develop its ecosystem"},"content":{"rendered":"<p>The NEAR Protocol team announced the creation of an $800 million fund to finance developers and individual projects in the ecosystem via grants.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? Early <a href=\"https:\/\/twitter.com\/hashtag\/NEARCON?src=hash&#038;ref_src=twsrc%5Etfw\">#NEARCON<\/a> Announcement! ?<\/p>\n<p>Learn more about <a href=\"https:\/\/twitter.com\/NEARProtocol?ref_src=twsrc%5Etfw\">@NEARProtocol<\/a>\u2018s $800M Global Ecosystem Fund. ?<a href=\"https:\/\/t.co\/00UaiA3jC1\">https:\/\/t.co\/00UaiA3jC1<\/a><\/p>\n<p>\u2014 NEAR Protocol (@NEARProtocol) <a href=\"https:\/\/twitter.com\/NEARProtocol\/status\/1452633645450244099?ref_src=twsrc%5Etfw\">October 25, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Of the total fund, $250 million will be allocated to grants to help existing projects develop and scale further.<\/p>\n<p>$100 million will be split among 20 startups. A similar amount will go towards regional funds to promote NEAR development in Asia, Europe and the United States.<\/p>\n<p>The program&#8217;s main focus is <span data-descr=\"decentralized finance\" class=\"old_tooltip\">DeFi<\/span> \u2014 $350 million of it comes from Proximity Labs. The developers noted that Proximity is a group of early NEAR participants who left the parent company to operate as an independent organisation.<\/p>\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/NEARUSDT_2021-10-25_20-00-06-1024x580.png\" alt=\"NEAR Protocol \u0443\u0447\u0440\u0435\u0434\u0438\u043b \u0444\u043e\u043d\u0434 \u043d\u0430 $800 \u043c\u043b\u043d \u0434\u043b\u044f \u0440\u0430\u0437\u0432\u0438\u0442\u0438\u044f \u044d\u043a\u043e\u0441\u0438\u0441\u0442\u0435\u043c\u044b\" class=\"wp-image-153940\" width=\"840\" height=\"475\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/NEARUSDT_2021-10-25_20-00-06-1024w 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/NEARUSDT_2021-10-25_20-00-06-300x170.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/NEARUSDT_2021-10-25_20-00-06-768x435.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/NEARUSDT_2021-10-25_20-00-06.png 1086w\" sizes=\"auto, (max-width: 840px) 100vw, 840px\" \/><figcaption><meta charset=\"utf-8\">Chart of NEAR\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/NEARUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier in October, the cryptocurrency exchange <a href=\"https:\/\/u1f987.com\/en\/news\/binance-sets-up-a-1-billion-fund-to-develop-the-bsc-ecosystem\">Binance<\/a> announced the launch of a $1 billion fund to develop and support the Binance Smart Chain ecosystem.<\/p>\n<p>Follow ForkLog on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NEAR Protocol team announced the creation of an $800 million fund to finance developers and individual projects in the ecosystem via grants.<\/p>\n","protected":false},"author":1,"featured_media":51751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1216,1133],"class_list":["post-51750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-near-cryptocurrency","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=51750"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51750\/revisions"}],"predecessor-version":[{"id":51752,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51750\/revisions\/51752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51751"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}