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NEAR Launches Sustainable Learn and Earn Program with Coinbase

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NEAR Foundation is excited to announce a new campaign with Coinbase designed to educate people on the utility of the NEAR token. A secure platform for buying, selling, transferring, and storing digital currency, Coinbase is one of the world’s largest digital currency exchanges, fully registered and operating in over 100 countries. 

This educational series will utilize the Coinbase Earn program to educate users about NEAR through video tutorials and interactive quizzes produced by Coinbase. Learn about running smart contracts in Javascript and Rust, joining or creating a DAO with a NEAR wallet, how Nightshade sharding is powering NEAR’s incredible scalability, and more. 

Funding Learn and Earn with Staking Rewards 

What makes this campaign unique is that it will be the first of its kind to use staking rewards to fund the initiative. Coinbase will manage NEAR tokens over a period of three years, collecting staking rewards and using those rewards to sustainably help users to learn about the utility of the NEAR token and what makes NEAR the world’s leading blockchain for developers, with its low fees, high speeds, and infinite scalability.

“In an era when many crypto companies have relied on unsustainable business models to grow and scale, it was important we found a way of helping educate people about the unique features of NEAR in a sustainable way,” says Marieke Flament, CEO of the NEAR Foundation. 

Certified climate neutral by SouthPole, the leading company for voluntary carbon offsetting, sustainability is at the core of NEAR’s mission of providing a platform that is low-cost, high speed, secure, and easy to use for developers and lay users alike. 

To participate in the Earn campaign, open the Coinbase app and navigate to the “Learning Rewards” tab on the left hand menu. Once there, those logged in and eligible to earn will see the NEAR campaign. 

Integrating NEAR with Coinbase Custody

In addition to the Coinbase Earn program, the partnership will also integrate NEAR with Coinbase Custody—an independent entity offering clients access to secure institutional grade offline custody—and Coinbase Prime, an integrated solution that provides secure custody, an advanced trading platform, and additional prime services. 

“We are committed to democratizing access to the world of Web3 and giving more people the opportunity to help shape its future,” Flament says. “We are making it easier than ever for anyone to learn about the utility of the NEAR token and its ability to create a more accessible and sustainable Web3. We believe that through education, we take another step towards mass adoption.”

This partnership will allow NEAR Foundation to expand its ecosystem by tapping into the huge number of users who put their trust in Coinbase and showing them just how easy NEAR is to use and understand. 

Join NEAR’s community:

Twitter | Reddit | Youtube | Medium | Discord

The post NEAR Launches Sustainable Learn and Earn Program with Coinbase appeared first on NEAR Protocol.

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NEAR After NEARCON In Numbers

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Anyone who made the trip to Lisbon for NEARCON 2022, or tuned in via the YouTube livestream or Twitter, knew NEARCON was a smashing success. The vibe was something to behold. From devs and builders to other visionaries and champions of NEAR, NEARCON showcased the ecosystem and community at its very best—with boundless energy for creating without limits. 

This is an energy that was also palpable to the press. Everything came together to produce  awe-inspiring momentum that is being sustained well beyond NEARCON’s aftermath.

Let’s take a look at NEAR by the numbers in the wake of NEARCON to see just how the NEAR community is building without limits. 

20M Accounts and 200M Transactions 

Coming out of NEARCON, the total amount of NEAR accounts hit a new high of 20 million. To be sure, this was an ecosystem and community effort. But Sweat Economy, who presented at NEARCON, is responsible for onboarding 14 million new users into the NEAR ecosystem with their move-to-earn app. That’s 20x growth since this time last year! 

Thanks to NEAR’s Nightshade sharding—Phase 1 of which was announced at NEARCON—this onboarding of the masses unfolded without a hitch. This example of NEAR’s infinite capacity is proof that it can welcome millions more users across the 800+ apps running on the protocol.
Earlier this month, NEAR also hit a new milestone of 200 million on-chain transactions. Next up? 250 million. The ecosystem is growing by leaps and bounds, and doing so in a crypto winter. 

21 Global Media Partners

NEARCON was a major hit this year with members of the international press.  All told, the conference attracted 21 global media partners, with CoinDesk leading the pack as NEAR’s top tier sponsor.  

Other major media outlets joined NEAR from around the world, including Cointelegraph, the Defiant, Coinpost Japan, W3volution Spain, and Business Insider Africa. 

Over 250 Pieces of Media Coverage

Naturally, with so many global media partners, there is quite a lot of great news to share. Seven NEAR announcements and five partnership stories were pushed out to the global media.  All together these ecosystem stories attracted 256+ pieces of coverage including a fantastic show roundup video by CryptoBanter, a hugely influential crypto YouTube channel that has over half a million subscribers. 

While US media outlets led with most of the NEARCON coverage, NEAR’s flagship conference also saw consistent reporting from media in India, Korea, Vietnam and beyond. 

Media Coverage Breakdown by Country

Africa – 5 pieces of coverageBrazil – 5 pieces of coverageChina – 5 pieces of coverageFrench – 8 pieces of coverageGerman – 2 pieces of coverageItaly – 4 pieces of coverageIndia – 18 pieces of coverageJapan – 2 pieces of coverageKorea – 11 pieces of coverageSpain – 5 pieces of coverage UK – 12 pieces of coverageUS – 25 pieces of coverageVietnam – 5 pieces of coverageGlobal – 150+pieces of coverage

$100M Entertainment Fund

Perhaps the biggest story to come out of NEARCON was the launch of NEAR’s $100 million entertainment fund. It captivated the press, appearing in coverage from international news outlets such as CoinDesk, International Business Times, Journal Du Coin France, China’s leading crypto title Panony , CoinPost Japan and Coin Press Korea.

And rightly so. By partnering with Caerus for this new $100 VC Fund and Lab, NEAR will help push new Web3 innovation in culture, media, and entertainment. This fund now places NEAR at the forefront of changing how creative projects are financed, produced, and distributed, as well as how it’s consumed, owned, and monetized. 

11 Visionary ‘Women of Web3 Changemakers’

Another big campaign launched at NEARCON—the Women of Web3 Changemakers. A partnership with Forkast News, thisinitiative celebrated 11 exceptional women shaping the future of Web3. 

The campaign attracted a great deal of interest from a global audience, with mentions in CoinDesk, Fintech Finance, and Yahoo Finance.  

NEAR Digital Collective (NDC) and Phase 1 Sharding announcements

NEAR Co-founder Illia Polosukhin gave an exclusive interview with CoinDesk about the NEAR Digital Collective (NDC). This interview was syndicated in various media outlets across Africa, Brazil, and China.  

CoinDesk also covered NEAR’s Phase 1 Sharding news, which made significant waves in the developer community as well as international headlines. Meanwhile, Pagoda announced their Pagoda Console—a ‘one stop’ tool shop that gives devs all the kit they need to build Web3 apps. 

NEAR hubs launch in India and Vietnam

NEARCON also witnessed the launch of two major regional hubs—Vietnam and India.  NEAR Foundation worked closely with the Vietnamese press to amplify the story locally, and with great success. Vietnam’s major tech titles covered the announcement, including Zing news.

NEAR Foundation replicated this approach with India’s media outlets, garnering coverage in major titles such as YourStory, the local equivalent of TechCrunch. Interviews were also secured with Reuters, Bloomberg and Times of India. 

Other stories from the NEAR ecosystem

NEAR Foundation pushed out announcements on Tether (USDT) going live on NEAR, Sender Wallet’s $3.5 million funding round, and Few and Far’s ambition to grow the NEAR NFT ecosystem. There were also announcements for NEAR’s partnership with Fireblocks, which will bring innovative crypto technologies to new global institutional investors, and SWEAT Economy’s tokenomics

As with many of the other stories and announcements from NEARCON, these stories had mass global appeal. Coverage could be found in The Block, CointelegraphForbes India, and  CryptoTVPlus Africa.

The sheer amount of positive press comes at a critical time for NEAR. The entire ecosystem and the wider Web3 world are building through a crypto winter but also battling other macroeconomic forces, post-Covid trauma, and climate change. It’s a time for resilience and creativity in how the NEAR and Web3 communities rethink and refashion the internet, and more importantly, the world. 

NEARCON demonstrated to the people across the globe that the protocol, ecosystem, and community will not be deterred. Builders and investors are still flocking to NEAR to build the next generation of decentralized apps. 

This is what creating without limits looks like. And it’s just the beginning!

The post NEAR After NEARCON In Numbers appeared first on NEAR Protocol.

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NEAR and Circle Announce USDC Support for Multi-Chain Ecosystem 

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Big news coming out of the Converge22 conference in San Francisco this week. Circle Internet Financial, a global digital fintech firm and the issuer of USD Coin (USDC), announced a partnership with NEAR that will make USDC widely available on the NEAR ecosystem by the end of 2022. 

Having USDC on NEAR is definitely a reason to celebrate. Circle will also make USDC available on other platforms to support a multi-chain ecosystem. USDC expected to go live on NEAR in early 2023. 

Powering NEAR developers 

Bringing USDC to NEAR will help empower developers to integrate stablecoin payments flows into their Javascript and  Rust-based decentralized applications. This will unlock a new wave of accessibility for Web2 builders moving into Web3. It will also serve a vital role in NEAR’s mission of Web mass adoption, while helping developers build without limits.

“The multi-chain expansion increases USDC’s native availability from eight ecosystems to thirteen, and enables blockchain developers building on USDC and their users to experience greater liquidity and interoperability within the crypto economy,” said Joao Reginatto, VP of Product at Circle. “Extending multi-chain support for USDC opens the door for institutions, exchanges, developers and more to build their innovations and have easier access to a trusted and stable asset.” 

Bringing USDC to NEAR is a big win for developers, who will now be able to integrate stablecoin payment flows into Javascript or Rust-based dApps. This will help usher in a new wave of accessibility for Web 2 builders making the shift to Web3.

What to know about stablecoins

A stablecoin is simply a cryptocurrency that is “pegged” to a more traditional currency like USD or EURO. Through various treasury and/or collateral models, they are designed to keep a 1:1 value, or parity, with their pegged counterparts. Stablecoins can also be pegged to credit and/or debt or have no collateral at all, as seen in algorithmic stablecoins. 

Their presence in the Web3 ecosystem brings a sense of familiarity for natives and newcomers alike. A stablecoin is also a sort of on-ramp to understanding token economics—the gas that powers Web3 and beyond. 

While designed to reduce cryptocurrency volatility, stablecoins present their own set of risks. When centralized, stablecoins can be victims of hacks, theft, or even over-printing which can lead to hyperinflation. If an algorithmic stablecoin experiences algorithmic failure, as happened with Terra and its sister currency, Luna, the stablecoin can fail. If a stablecoin is fractionally reserved instead of fully backed, there can be a bank run that triggers a dramatic stablecoin price drop. 

Visit ref.finance for more information including the risks associated with  investments.

The post NEAR and Circle Announce USDC Support for Multi-Chain Ecosystem  appeared first on NEAR Protocol.

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