NEAR Ecosystem Biweekly Digest #3

NEARStarter
NEAR Starter
Published in
3 min readDec 1, 2023
NEAR Ecosystem Biweekly Digest #3

Presenting the most recent release of our NEAR Ecosystem Biweekly Digest! Come along as we explore the most recent two weeks of major advancements within the NEAR Protocol and Aurora Ecosystems. From fresh launches to thrilling partnerships, stay updated on the pioneering innovations and achievements.

The Defiant Report Highlights NEAR Protocol’s Soaring Activity

NEAR Protocol

According to The Defiant’s report, NEAR Protocol has surged in activity, driven by popular apps like KAIKAINOW and SWEATCOIN, which has propelled it ahead of Bitcoin and Ethereum in network metrics. With 838,000 daily active addresses and 1.7 million daily transactions, NEAR leads major Layer 1 chains, although its token performance lags behind. KAIKAINOW and SWEATCOIN’s partnerships and user engagement contribute to NEAR’s dominance, yet sustaining success will require diversifying app popularity in a swiftly evolving industry. Read more on this article.

Scamfari Extends Reach to Aurora Network for Enhanced Anti-Scam Efforts

Aurora x Scamfari

Scamfari announces its expansion to the Aurora Network, offering more coverage and free scam reports for a month. Users can now actively contribute to a safer blockchain by reporting scams through simple steps: connecting their wallet, creating a report with evidence, and awaiting verification. Verified reports not only enhance blockchain safety but also reward users for their vigilance against scams. Check out their website here.

NEAR Tasks: Revolutionizing AI Training on the NEAR Blockchain

NEAR TASKS

NEAR Tasks launches an AI marketplace on NEAR, revolutionizing AI training by merging Web3 and AI technologies. This self-service platform aims to redefine data labeling, offering a transparent ecosystem for global gig workers and AI builders. With $NEAR transactions and on-chain tasker IDs, the platform ensures fair pay, accountability, and opportunities for specialized workers, envisioning a future where human expertise complements AI advancements. The platform’s introduction at NEARCON 2023 signals NEAR’s commitment to AI as a core vertical, hinting at transformative shifts in work dynamics and governance within the NEAR ecosystem. Read more on this article.

NEAR Joins Router’s Testnet for Seamless Token Transfers

NEAR Join Router testnet

NEAR is now live on Router’s Testnet Mandara, empowering NEAR ecosystem users with Router Nitro’s cross-chain capabilities. This integration allows effortless token transfers between NEAR and other supported chains, promising swift and cost-efficient transactions using distinct flows like the Forwarder flow and Circle’s CCTP Flow. NEAR’s collaboration with Router Nitro brings secure, rapid, and cost-effective cross-chain functionality to its community, soon to be available on the mainnet.

Aurora Introduces Simplified Blockchain with Aurora Cloud Console

Aurora Cloud Console

Aurora Cloud, the centralized hub of Aurora, aligns with their mission to democratize blockchain. It simplifies businesses’ blockchain journey, offering tools like customizable chains, gas management, and a user-friendly interface. With seamless integration possibilities, it’s set to transform industries from real estate to finance, ushering in a future of innovation and accessibility in web3 technology. Read more on this article.

In summary, NEAR Protocol leads in activity, while Aurora strengthens safety measures with Scamfari. NEAR Tasks revolutionizes AI training, and NEAR joins Router’s Testnet for cross-chain transfers. Aurora’s new Cloud Console simplifies blockchain for businesses, promising innovation across industries in web3 technology.

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NEARStarter
NEAR Starter

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