Highlights
- ICYMI, Near Protocol, HIVE, Solana, and Polkadot have been nominated for the Best Blockchain Technology award 2021
- This award is organized by Crypto Awards
- Winners will be awarded at Blockchain Fest 2021
What Is Near Protocol?
NEAR Protocol is a public Proof-of-Stake (PoS) blockchain that supports smart contracts and was designed as a community-run cloud computing platform. NEAR was created by the NEAR Collective to host decentralized applications (dApps), and it aspires to compete with Ethereum and other leading smart contract-enabled blockchains such as EOS and Polkadot. The native token of NEAR, also known as NEAR, is used to pay for transaction fees and storage. Token holders who participate in network consensus as transaction validators can also stake NEAR tokens.
Near Protocol Is Nominated
Crypto awards announced recently that it would be awarding the Best Blockchain Technology projects at Blockchain Fest 2021. Several nominees have been announced and they include ICYMI, Near Protocol, HIVE, Solana, and Polkadot. The organizers of the Crypto Awards boast to give an honest rating of cryptocurrency projects, companies, and individuals with a transparent voting process based on feedback and reviews from real users and customers. This award is a ranking in which each nominee vies for the honor of being named the Best of the Best. These ratings help in the selection of the most dependable projects and companies for a secure investment.
What To Expect From Near Protocol In The Future And Now
The NEAR token’s market cap is currently at $3,455,575,221 with a circulating supply of 478,368,488.00 NEAR. The token is currently ranking as the 46th most valuable Cryptocurrency asset. Currently, the Near Token is being listed across multiple exchanges. This listing is showing the immense growth and popularity of the coin. On the 28th of May, 2021, it was announced that the Near Token had partnered with Ceramic on cross-chain identity and dynamic data storage. This partnership allows NEAR developers to use data streaming and identify protocols to manage user identities.
Near Protocol further evoked the interest of investors by launching a market place for hip-hop heads. The first edition of the hip hop heads collection is a tribute to hip hop’s history and culture, spanning 47 years since its inception in the Bronx, New York.
NEAR made public ‘Shroom Kingdom’ as the newest addition of their play-to-earn video game to be included on their platform.
NEAR has some exciting events planned, some of which have already been announced. NEAR users will be able to prepare for an Airdrop following the launch of ‘Shroom Kingdom’ on the platform.
On September 6th, ‘Shroom Kingdom’ was announced, asking players to be ready to capitalize on an Airdrop, as it would only be available to those who were online at launch
Even though cryptocurrency prices have remained volatile this year, the NEAR coin has barely fallen below last year’s levels. It has increased in value by more than 24 percent in the last seven days and by more than 480 percent this year.
