What Value Does the NEAR Protocol Have? — Market Mad House
The NEAR Protocol (NEAR) is an effort to bridge the gap between the gap between the creator economy and the blockchain.
The hope at NEAR is to create decentralized autonomous organizations (DAOS) to help creators finance their activities with open finance and liquidity and cash in on nonfungible tokens (NFTs). Open Finance is NEAR’s term for DeFi or decentralized finance.
Hence, the plan at NEAR is to build a defi ecosystem for the creator economy. To power that economy, the NEAR Protocol runs on several…