August Development Update—How Few and Far Can Be Used in NEAR’s New Chain Abstraction Technology and User-Owned AI
Published in
2 min readAug 27, 2024
Dear Few and Far Community—we’re pleased about our recent token launch. We’ve weathered the crypto and NFT bear market over the past several years, and is now are seeing how the market is reacting to FAR Token itself.
Importantly, meanwhile, we are shifting are focus back to our core business — operating the pre-eminent peer-to-peer NFT trading platform on NEAR, and finding our footing in NEAR’s recent pivot to User-Owned AI .
How Few and Far Can Be Used in NEAR’s New Chain Abstraction Technology and User-Owned AI:
- Chain Abstraction Integration—Few and Far can leverage NEAR’s chain abstraction technology to create seamless cross-chain NFT experiences, enabling users to interact with assets across multiple blockchains without the need for manual bridging. This abstraction layer simplifies user experience and opens up new markets.
- User-Owned AI Integration—Few and Far can integrate AI-driven tools that allow users to manage their NFT portfolios or create custom AI-generated content, giving users ownership over AI models that interact directly with the NEAR protocol. This could enhance personalization and decision-making in NFT trading or creation.
Current Tech Challenges:
- Third-Party Services Deprecations — As certain third-party services (e.g., RPC providers) are deprecated, it creates reliability issues and necessitates alternative solutions to maintain network connectivity.
- Node Validators and Indexers—With changes in validators or indexers, there could be disruptions in data availability, impacting transaction processing and querying.
We look forward to continue building and getting feedback from the Few and Far and broader NEAR Community.
-Few and Far Team
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