What is NEAR ?

NEAR Protocol is a decentralized platform for building and running applications. It was created with the goal of making it easier and more accessible for developers to build and deploy decentralized applications (dApps)

The NEAR platform uses a sharded architecture, which allows it to process transactions and run applications at a high speed and scale. This makes it well-suited for applications that require fast and low-cost transactions, such as decentralized finance (DeFi) applications, gaming, and social media.

NEAR also has a token, called the NEAR token, which is used to pay for transaction fees and to participate in the governance of the NEAR protocol. The governance model of NEAR allows token holders to vote on changes to the protocol, making it a truly decentralized platform where the community has a say in its direction and development.

In summary, NEAR Protocol is a decentralized platform for building and running applications. It is designed to be fast, scalable, and accessible for developers, and it uses a sharded architecture to process transactions and run applications efficiently. The NEAR token is used to pay for transaction fees and to participate in the governance of the NEAR protocol.