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NEAR Social: Building The Foundation of the Open Web

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DELVING DEEPER : NEAR INDIA

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VEAX LAUNCHES PUBLIC TESTNET OF ADVANCED DEX BUILT ON NEAR

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NEARWEEK LAUNCHES HEROES

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HOW TO BRIDGE ASSETS TO AND FROM NEAR

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The Rise of the Ecosystem Fund: Lyrik Ventures (A Year In Review)

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NEARWEEK INTERVIEWS : CALIMERO

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Top 5 DeFi Wallets on NEAR

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DELVING DEEPER: NEAR BALKANS - SEVEN COUNTRIES, ONE HUB

A weekly update on everything that moves NEAR Protocol &nbsp;NO 102&nbsp;· &nbsp;Tue 28&nbsp;March, 2023&nbsp;Hello NEAR community!&nbsp;We hope you're doing well and feeling excited for another week of innovation and progress in the NEAR ecosystem.&nbsp;Speaking of progress, we are proud to present an updated overview on one of the most dominant dApps on NEAR: Ref Finance!&nbsp;As the leading DEX and AMM on NEAR, Ref Finance has been breaking records left and right. With over $61M in total value locked (TVL), Ref continues to set the standard for user experience, capital efficiency, and transparency in DeFi.&nbsp;&nbsp;Give the <a href="https://nearweek.medium.com/ref-finance-the-amm-dex-on-near-redefining-defi-2183d4338acf" target="_blank" rel="noopener noreferrer">Ref Finance blog post</a> a read and let us know your thoughts!&nbsp;&nbsp;Don't forget to <a href="http://subscribe.nearweek.com" target="_blank" rel="noopener noreferrer">subscribe</a> to the official NEAR ecosystem newsletter to get the most important protocol highlights delivered straight to your inbox!&nbsp;Speak soon, Mr. News&nbsp;&nbsp;NEARWEEK is aggregating and curating information across the NEAR ecosystem. This edition was curated by the community via 239 news contributions&nbsp;to the&nbsp;<a href="https://app.astrodao.com/dao/nearweek-news-contribution.sputnik-dao.near">NEWS DAO</a>.&nbsp;

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ISSUE

<a href="https://twitter.com/i/spaces/1nAJErVEqaOxL?s=20">https://twitter.com/i/spaces/1nAJErVEqaOxL?s=20</a>

[Near Vietnam]Pembrock Finance x Near Vietnam

<a href="https://twitter.com/i/spaces/1OdKrzgzyjYKX?s=20">https://twitter.com/i/spaces/1OdKrzgzyjYKX?s=20</a>

[Aurora Community Native]Web3 X Web2 interoperability.. what defi projects should be building

<a href="https://twitter.com/i/spaces/1ynJOajejVyKR?s=20">https://twitter.com/i/spaces/1ynJOajejVyKR?s=20</a>

[Quant Role Play] Future of Quant Role Play

Open gathering to share DAO relevant software or tips and tricks. You can even come present your DAOs goals and accomplishments! Show up in the first 5 minutes to get on the presenters list for the day. Then we kick things off and have 5 minute presentations. After the presentations we open the floor for questions and discussion. When:Every Friday @ 10am PT (6pm UTC) Where:<a href="https://www.google.com/url?q=https://zoom.us/j/95391940133?pwd%3DOWp2OFdFSzlZSFRaaE91RzkyV21vQT09&amp;sa=D&amp;source=calendar&amp;ust=1673686094339570&amp;usg=AOvVaw1vg6fjQ930_CU7sx7i0_iv" target="_blank">https://zoom.us/j/95391940133?pwd=OWp2OFdFSzlZSFRaaE91RzkyV21vQT09</a> Previous demo recordings:<a href="https://www.google.com/url?q=https://youtube.com/channel/UCYm2Ltt5i50O2OP2ugpNi-w&amp;sa=D&amp;source=calendar&amp;ust=1673686094339570&amp;usg=AOvVaw1SiJfkNwXzwmhD95nDRVm3" target="_blank">https://youtube.com/channel/UCYm2Ltt5i50O2OP2ugpNi-w</a> Near DAO Discussions on GitHub:<a href="https://www.google.com/url?q=https://github.com/orgs/near-daos/discussions&amp;sa=D&amp;source=calendar&amp;ust=1673686094339570&amp;usg=AOvVaw1fCsHZmp9ryrDN6F0qAfsQ" target="_blank">https://github.com/orgs/near-daos/discussions</a>

📺 NEAR DAO / Demo Day

<a href="https://www.eventbrite.com/e/near-101-a-beginners-guide-tickets-570919986047?aff=erelexpmlt">https://www.eventbrite.com/e/near-101-a-beginners-guide-tickets-570919986047?aff=erelexpmlt</a>

NEAR 101: A Beginner’s Guide

<a href="https://twitter.com/i/spaces/1ZkKzXynDYWJv?s=20">https://twitter.com/i/spaces/1ZkKzXynDYWJv?s=20</a>

[Aurority]Aurority x PureFi Protocol

Working group welcoming anyone who is curious about building DAO infrastructure on NEAR! We collect topic ideas and questions in the first 5 minutes and then dive into the discussions. If you want to hack on the Sputnik smart contracts, Astro UI/API, or get into standards around DAOs, this is the spot!  When:Every Tuesday @ 11am PT (7pm UTC) Where:<a href="https://www.google.com/url?q=https://zoom.us/j/99838819061?pwd%3DVEVtV3c0bE4raFFpU3gzRmI5UTBPdz09&amp;sa=D&amp;source=calendar&amp;ust=1673686094339570&amp;usg=AOvVaw3etqkPnnAJWcXU5wlWXZ9X" target="_blank">https://zoom.us/j/99838819061?pwd=VEVtV3c0bE4raFFpU3gzRmI5UTBPdz09</a> Previous Recordings:<a href="https://www.google.com/url?q=https://www.youtube.com/playlist?list%3DPLPxUkIZ41o-2iQWQf_wlyugF7JaY5b5bJ&amp;sa=D&amp;source=calendar&amp;ust=1673686094339570&amp;usg=AOvVaw10XnbSNhaWbO6nrNjAykDO" target="_blank">https://www.youtube.com/playlist?list=PLPxUkIZ41o-2iQWQf_wlyugF7JaY5b5bJ</a> Near DAO Discussions on GitHub:<a href="https://www.google.com/url?q=https://github.com/orgs/near-daos/discussions&amp;sa=D&amp;source=calendar&amp;ust=1673686094339570&amp;usg=AOvVaw1fCsHZmp9ryrDN6F0qAfsQ" target="_blank">https://github.com/orgs/near-daos/discussions</a>

👷 NEAR DAO / Builder Group

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[Meta Pool]Women building the future

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Build on Aurora: Simple, Fast & Affordable ⚙️ #Blockchain #Web3

<a href="https://www.eventbrite.sg/e/the-future-of-defi-is-near-bangkok-tickets-558517259157">https://www.eventbrite.sg/e/the-future-of-defi-is-near-bangkok-tickets-558517259157</a>

The Future of DeFi is NEAR @ Bangkok

<a href="https://twitter.com/i/spaces/1nAKErBWEyAGL?s=20">https://twitter.com/i/spaces/1nAKErBWEyAGL?s=20</a>

[Ref Finance]Usability is King: OpenOcean and HERE

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[Aurority]Aurority x Mises

<a href="https://twitter.com/i/spaces/1YqxoAkdZXzGv?s=20">https://twitter.com/i/spaces/1YqxoAkdZXzGv?s=20</a>

[NEARWEEK]Reshape your gaming experience with Realis Network

<a href="https://twitter.com/i/spaces/1zqJVPANyOpKB?s=20">https://twitter.com/i/spaces/1zqJVPANyOpKB?s=20</a>

[Aurority]Aurority x Aurigami

<a dir="ltr" href="https://t.co/rZN1OdZAUM">t.me/venezuelaaurora</a>

[Aurora Venezuela]Calimero Network

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[Popula]Be Popula with @trevinvsnft : Exploring Web3

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[Aurora]InteractWith,The plug & play solution for Web3

<a href="https://twitter.com/i/spaces/1kvJpmQmqAXxE?s=20">https://twitter.com/i/spaces/1kvJpmQmqAXxE?s=20</a>

[NEAR NFT Club]NFT Nights with BeeTogether

Join Marma J Gaming DAO on March 13th at 3pm UTC to explore the world of Pixel Dapps and learn about our development strategies.

[Marma J Gaming DAO] World of Pixel Dapps

<a href="https://t.me/auroraisnear">https://t.me/auroraisnear</a>

[Aurora]Community & Engagement in #Web3 

<a href="https://twitter.com/i/spaces/1ypJddrgmbaJW?s=20">https://twitter.com/i/spaces/1ypJddrgmbaJW?s=20</a>

[Loozr] Good Morning Near With MetaPool

[Aurora]A Deep Dive Into Aurora Cloud w/ Alex Shevchenko

<a href="https://twitter.com/i/spaces/1kvKpmjDXBOGE?s=20">https://twitter.com/i/spaces/1kvKpmjDXBOGE?s=20</a>

NEAR @ NIGHT - TradePort AMA

<a href="https://twitter.com/i/spaces/1yNGaNmzPPdJj?s=20">https://twitter.com/i/spaces/1yNGaNmzPPdJj?s=20</a>

Near Insider x Nightly x Everstake

[LNC] Monthly Redeem to NEAR window for (L)Earners

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[NEAR Protocol ]The NEAR Demo Day: Roundtable

Come learn more about blockchain technology and how to build dapps on NEAR through the newly released gamified learning platform NEAR Primer

[NEAR NYC]Learning to Build Decentralized Apps through NEAR Primer

Nepbot Fireside Talk is a series of AMAs brought to you by Nepbot and itspartners. They dive into project updates, and share with you the insights of community building! Every Thursday, exclusive on Nepbot Twitter!

🤖 Nepbot FireSide Talk

<a href="https://twitter.com/i/spaces/1YqKDowoLjkxV?s=20">https://twitter.com/i/spaces/1YqKDowoLjkxV?s=20</a>

[Near Insider]Near Insider x Sweat Economy

<a href="https://twitter.com/ParasHQ/status/1634438304946085889?s=20">https://twitter.com/ParasHQ/status/1634438304946085889?s=20</a>

[PARAS] COMMUNITY CALL

<a href="https://twitter.com/i/spaces/1DXxyvOwEydKM?s=20">https://twitter.com/i/spaces/1DXxyvOwEydKM?s=20</a>

[NEAR VIETNAM]AMA QSTN x NEAR VIETNAM

Mintbase Developer Office Hours - Catchup with the latest development &amp; events from Mintbase!

🌿 [Mintbase] Developer Office Hours

<a href="https://near-org.zoom.us/meeting/register/tZIocemprzMsHNRUVLQfKDIUQFMidOXK8Bw0">https://near-org.zoom.us/meeting/register/tZIocemprzMsHNRUVLQfKDIUQFMidOXK8Bw0</a>

NEAR Zero Knowledge Community Group call

Thursday, March 16th at 3 PM UTC:Our Community AMA on Discord, where <a dir="ltr" href="https://twitter.com/ccossio">@ccossio</a> will share the latest updates on Meta Pool, developments, and highlights from <a dir="ltr" href="https://twitter.com/EthereumDenver">@EthereumDenver</a> &amp; <a dir="ltr" href="https://twitter.com/hashtag/NEAR?src=hashtag_click">#NEAR</a> Day!

[Meta Pool]AMA on Discord

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Spin Strategies: Automated Passive Yield Generation

 Join our fourth #NEAR Protocol Work Group call to arrive to a decision on NEP-399 and NEP-455.

NEAR Protocol Work Group Call #4

<a href="https://twitter.com/i/spaces/1RDGlaZrzkkJL?s=20">https://twitter.com/i/spaces/1RDGlaZrzkkJL?s=20</a>

[The Crypto Illuminati]The Potential of Blockchain to Revolutionize Industries

<a href="https://twitter.com/i/spaces/1MYxNgXEzVpKw?s=20">https://twitter.com/i/spaces/1MYxNgXEzVpKw?s=20</a>

NEAR @ Night w/ GHOST

NEARWEEK x CPG x Hide your Cash

<a href="https://discord.com/invite/JR98mTVp?event=1085059380552146964">https://discord.com/invite/JR98mTVp?event=1085059380552146964</a>

[Metronomo]Workshop on user growth tool

<a href="https://twitter.com/i/spaces/1MYxNgXmeXLKw?s=20">https://twitter.com/i/spaces/1MYxNgXmeXLKw?s=20</a>

NEAR @ NIGHT

Career Kickstarter guide for Web3 

Developer Day - During GDC

<a href="https://lu.ma/q5k6j3df">https://lu.ma/q5k6j3df</a>

Near Foundation x Face Wallet x Press Start Capital Happy Hour

<a href="https://twitter.com/i/spaces/1kvJpmjQZyPxE?s=20">https://twitter.com/i/spaces/1kvJpmjQZyPxE?s=20</a>

Aurority x MugenSwap

<a href="https://twitter.com/i/spaces/1dRKZMndLegxB?s=20">https://twitter.com/i/spaces/1dRKZMndLegxB?s=20</a>

Intro to Aurora - $100 Giveaway

<a href="https://twitter.com/i/spaces/1nAJEreakRbxL?s=20">https://twitter.com/i/spaces/1nAJEreakRbxL?s=20</a>

[NEARWEEK]NEAR THE HORIZON feat. ILLIA POLOSUKHIN & MATT LOCKYER

<a href="https://twitter.com/i/spaces/1yNxaNmLRrWKj?s=20">https://twitter.com/i/spaces/1yNxaNmLRrWKj?s=20</a>

NEAR Ecosystem Showcase: @indexer_xyz

🎙️ Our Monthly #DeFi Space is back with a spicy one! 🥵 bOSin it up with Proximity AMM meets Orderbook: Ref Finance x Orderly OpenOcean Waves on NEAR 🗓️ Fri 24th / 3pm UTC 📍<a href="https://twitter.com/i/spaces/1MYGNgjZNanJw">https://twitter.com/i/spaces/1MYGNgjZNanJw</a> Host: Rimberjack Guests: Matt Lockyer, Lokp Ray and Guy Polio

March DeFi Space: NEARistheBOS, Ref x Orderly, and OpenOcean

<a href="https://twitter.com/i/spaces/1BdGYyWqERgGX?s=20">https://twitter.com/i/spaces/1BdGYyWqERgGX?s=20</a>

[Rekt Gang] AMA with @jumpdefi

<a href="https://twitter.com/i/spaces/1zqKVPRDvklJB?s=20">https://twitter.com/i/spaces/1zqKVPRDvklJB?s=20</a>

[Loozr]NEAR Digital Collective

<a href="https://twitter.com/i/spaces/1YpKkgWeDpPKj?s=20">https://twitter.com/i/spaces/1YpKkgWeDpPKj?s=20</a>

Decentralized Marketing in Web3 - w. B4B.WORLD

<a href="https://twitter.com/i/spaces/1DXxyvELRPZKM?s=20">https://twitter.com/i/spaces/1DXxyvELRPZKM?s=20</a>

NEAR @ NIGHT w/ @NEARNOBORDERS

 🅽🆆 HEROES LIVE

За що платять розробникам в opensource? Дізнайся на AMA із Владом Фроловим Co-Founder NEAR DevGov!

[Near UA Guild]

<a href="https://twitter.com/i/spaces/1gqGvyYReylKB?s=20">https://twitter.com/i/spaces/1gqGvyYReylKB?s=20</a>

Near Insider x Reputation is King

<a href="https://twitter.com/i/spaces/1yNGaNVnwRqJj?s=20">https://twitter.com/i/spaces/1yNGaNVnwRqJj?s=20</a>

Why Bridges Matter - w.Rainbow Bridge

<a href="https://twitter.com/i/spaces/1MnGnpgVwQOxO?s=20">https://twitter.com/i/spaces/1MnGnpgVwQOxO?s=20</a>

Conociendo a la zona tres | Aurora Venezuela

<a href="https://twitter.com/i/spaces/1MnGnpgOQMXxO?s=20">https://twitter.com/i/spaces/1MnGnpgOQMXxO?s=20</a>

Polaris Finance x Aurora Vietnam

<a href="https://twitter.com/i/spaces/1ynJOaojQOOKR?s=20">https://twitter.com/i/spaces/1ynJOaojQOOKR?s=20</a>

Octopus Network Accelerator Showcase #2: AdMeta

<a href="https://twitter.com/i/spaces/1mnxeRrrWMYKX?s=20">https://twitter.com/i/spaces/1mnxeRrrWMYKX?s=20</a>

Ref X Orderly Network, $REF on WOO

<a href="https://twitter.com/i/spaces/1OdKrzAAlwnKX?s=20">https://twitter.com/i/spaces/1OdKrzAAlwnKX?s=20</a>

Jump DeFi en Meta Yield, todo lo que necesitas saber sobre su campaña

Illia Polosukhin'll be speaking at this year's HackVC Summit

A Virtual Conference for Blockchain Developers

 This webinar showcases some of the most dynamic and promising innovations happening across Web3 in 2023. How will NEAR becoming the Blockchain Operating System streamline and simplify processes for those building Web3 applications? How will the launch of the world's first global sports DAO influence new development?  This webinar will answer these questions and reveal other new Web3 developments and trends ranging from the success of move to earn platforms such as Sweatcoin to the rise of Flowcarbon, pioneers of credit carbon tokens, to the rise of digital marketplaces for collectables and mobile gaming. This webinar will also provide a sneak peek of NEAR's Consensus participation.

The Most Significant Web3 Developments Right Now: Near's Take on the Future

<a href="https://link3.to/e/orV5S6">https://link3.to/e/orV5S6</a>

[Spin]Community Call

Workshop on how to develop Web3 apps on Aurora

[Aurority]Workshop on how to develop Web3 apps on Aurora

<a href="https://twitter.com/i/spaces/1OwGWwoobBeGQ?s=20">https://twitter.com/i/spaces/1OwGWwoobBeGQ?s=20</a>

[NEARWEEK]EVERYONE EATS  feat. DJ WHOO KID

On this episode, we cover WELLDONE Wallet's, WELLDONE CODE plugin that enables developers to create and deploy smart contracts on NEAR with Remix, the most web popular integrated IDE on Ethereum. <a href="https://medium.com/nearprotocol/welldone-code-1-remix-ide-plugin-for-multichain-4b5228419ce5">https://medium.com/nearprotocol/welldone-code-1-remix-ide-plugin-for-multichain-4b5228419ce5</a> <a href="https://docs.welldonestudio.io/code/deploy-and-run/near">https://docs.welldonestudio.io/code/deploy-and-run/near</a> nearworkshops.com The main focus of NEARWorkshops is to produce workshops that are developer focused and that helps users get onboarded to the ecosystem. Send this link to sign your friends up nearworkshops.com/welldone

[⋈ NEAR WORKSHOP] RemixIDE on NEAR w/ WELLDONE CODE

<a href="https://www.supermooncamp.com/near-house-consensus-by-supermoon">https://www.supermooncamp.com/near-house-consensus-by-supermoon</a>

[Supermoon Camp]NEAR HOUSE

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*qjxtoIcNZ2RasJ8XA2XTfA.jpeg"></figure>Who is the boss? Only a real bOS can govern itself. What does this entail for you?
Similar to how Linux, macOS, and Windows make computers easy to use, NEAR protocol is providing a new kind of operating system with <a href="http://alpha.near.org/">NEAR Discovery</a>, the protocol’s flagship platform that allows individuals to create and use decentralised front-end applications on any blockchain(s) via the <a href="https://near.org/blog/near-announces-the-blockchain-operating-system/">blockchain operating system (bOS)</a>.
<h3>TL;DR — What does bOS enable?</h3>
<ul>
<li>Interactive on-chain pages (front-end code) with cusotomisable features</li>
<li>Highly efficient curation algorithms and a comprehensive experience for users and builders</li>
<li>Network effects of developers forking and building reusable on-chain widgets</li>
</ul>
In essence, this means that bOS offers a platform where users fully control their own data.
<h3>Operating Systems Explained</h3>
Before diving deeper into the bOS, let’s take a step back to review the concept of an OS.
An ‘OS’ is the software running between hardware and the user. Operating systems allow users to work with computers without speaking their language. Without an OS, a computer would not be much more than electricity flowing through circuits. The operating system simply allocates resources to different programs, while preventing any potential conflicts.
<h3>Why do we need bOS for adoption?</h3>
Blockchain communities require sustainable public goods that can support new users entering the ecosystem and help to retain existing contributors. After all, to reach billions of users, there needs to be much greater infrastructure accessibility for builders who are creating both scalable and reliable projects and dApps.
Why? This way everyone has control of their assets, data, and the power of governance.
The SocialDB is a contract running on NEAR that leverages unique gas capabilities of a multidimensional blockchain. Saving data is just like other transactions, which means users pay deposits for data storage and fees. You can update anything in the SocialDB that is under your account’s control, including widget code, and there is a way to throw away the keys for specific data.
Users may also check the block height of a widget and verify it is a secure access point. Even if the code is updated in a later block.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*yIroBVWOkuvrRSuELoZbRQ.png"><figcaption>Image source: <a href="http://near.org/">NEAR Foundation</a></figcaption></figure><h3>Fully Decentralised Apps</h3>
The irony of decentralised applications is how most users interact with them via centralised front-end services running on old-school servers. This ‘web2' infrastructure is acceptable in some cases, but there are major trade-offs in terms of robustness and resilience.
<h3>What is a ‘front-end’?</h3>
Usually, app development involves constructing a user interface with specific data flows and visual components, such as buttons, pages, and menus. These exist on the client side, i.e., on the user’s device. For decentralised applications (dApps), the “backend” typically includes a contract running on-chain. dApps might also have a traditional database on the server side.
Blockchain applications with centralised frontend solutions may encounter interesting challenges. Each so-called ‘dApp’ is only ever as strong as its weakest link: off-chain front-end code, sometimes available on GitHub, hosted at a specific URL.
This kind of setup comes with certain risks. For instance, trusting intermediaries. Maintaining security is an additional challenge; users may not always be aware what code is running under the hood. Plus, they don’t have the ability to customise much, if anything.
Still, bOS gateways are hosted in a centralised manner. There is no such thing as a purely decentralised access point for on-chain experiences.
Enter blockchain operating systems!
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*vR0n8cUP9PJOjdfSdBmUgQ.png"><figcaption>Image source: <a href="http://near.org/">NEAR Foundation</a></figcaption></figure><h3>What is a blockchain OS?</h3>
A bOS helps everyone learn, build, and grow using any blockchain. Here, developers and all kinds of creators can easily deploy their own dApps with on-chain frontend code. The main benefits are in terms of accessibility, security, and composability.
This new approach leverages the unique capabilities of NEAR’s asynchronous runtime to enable not only censorship resistance, but also verification + audit-ability. Furthermore, data from various blockchains can live in reusable components, available for anyone to inspect.
For example, a team building on Ethereum can use the bOS to give access to users on Ethereum and others on NEAR. Give it a try at <a href="https://bos.gg/">bos.gg</a>
All the widgets / components running on the bOS are fully composable, enabling developers to freely combine them to fit their needs. That way, builders collaborate and share code, which can be customized to fit various purposes.
<h3>bOS: Moving forward</h3>
Ultimately, bOS aims to make it quick and easy to build multi-chain experiences. It enables NEAR to extend beyond existing as ‘another Layer-1 network’, and allows it to transform into its full potential as a decentralised operating system, empowering collaboration across ecosystems.
The future is not only NEAR. It’s now! Communities around bOS are cultivating a universal ecosystem of dApps with connections across networks. This means that Ethereum (and other EVM networks), Cosmos, and Solana will be among the first supported blockchains.
<h3>Illia (root.near) (🇺🇦, ⋈) on Twitter: "Open source always wins. Information wants to be public. / Twitter"</h3>
Open source always wins. Information wants to be public.
And of course, it’s all open-source, promoting the creation of custom gateways.
Learn how at: <a href="http://nearbuilders.com/bos">nearbuilders.com/bos</a>
Written by <a href="https://twitter.com/near_intern">@NEAR_intern</a> &amp; <a href="https://twitter.com/jwaup">@</a>j<a href="https://twitter.com/jwaup">ames.near</a> Edited by <a href="https://twitter.com/achildhoodhero">@achildhoodhero</a>
<h3>About NEAR Protocol</h3>
NEAR is on a mission to onboard a billion users to the infinite possibilities of Web3 with the Blockchain Operating System (bOS). Leveraging its high-performance, carbon-neutral protocol, which is fast, secure, and scalable, BOS provides a common layer for browsing and discovering the Open Web.
<a href="http://near.org/">NEAR Protocol</a> |<a href="http://alpha.near.org/"> NEAR Discovery</a>
<h3>About NEARWEEK</h3>
NEARWEEK is one of the first decentralised news sources within the NEAR ecosystem. Via the production of high-quality content, news, and promotional support, NEARWEEK unleashes the full potential of its media outlets to act as the social epicentre of the NEAR ecosystem.
<a href="http://nearweek.com/">Website</a> |<a href="http://twitter.com/nearweek"> Twitter</a> |<a href="https://subscribe.nearweek.com/"> Newsletter</a>
<img src="https://medium.com/_/stat?event=post.clientViewed&amp;referrerSource=full_rss&amp;postId=8004345d02ba" width="1" height="1" alt=""><hr>
<a href="https://medium.com/nearprotocol/introducing-the-blockchain-operating-system-bos-8004345d02ba">INTRODUCING THE BLOCKCHAIN OPERATING SYSTEM (bOS)</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

INTRODUCING THE BLOCKCHAIN OPERATING SYSTEM (bOS)

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*qCpohnT3eIul2_C3iJ2Wiw.png"></figure>NEAR is making a debut in Hong Kong as a Platinum Sponsor for the <a href="https://www.web3festival.org/hongkong2023/home?lang=en-US">Hong Kong Web3 Festival</a>, which will be held at the Hong Kong Convention and Exhibition Centre on April 12–15, 2023. This four-day event, hosted on five center stages across an area of about 9,000㎡, will see over 10,000 attendees, 300 distinguished industry speakers, about 100 Web3 projects, community partners and media partners around the world congregate to network, share, and learn through high-level content and panel discussions.
Web3 Festival will bring together the world’s brightest minds, top Web3 projects and leading venture capital firms presenting content-rich discussions and topics centered around Web3. Hong Kong regulatory representatives will also dive into and interpret the latest digital asset regulation policies. Top industry leaders such as CZ of Binance, Illia of NEAR Protocol, Juan of Filecoin, Dr. Xiao Feng of Wanxiang and Yat Siu of Animoca Brands are all expected to speak at the Festival.
Join us on April 14th 9:30am to 12:30pm (GMT+8) at NEAR in HK Meetup — a half-day mini summit with a full schedule of keynote speeches and panels to explore topics on NEAR as a BOS, Web3 social, NFTs, DeFi and more. The summit is hosted as one of the official side stages as part of the Web3 Festival at the Convention Centre. A number of remarkable NEAR speakers will join us in Hong Kong and share their insights around NEAR’s ecosystem development. While we are finalizing the details of the event, the list of guests below are expected to speak at the summit:
Illia Polosukhin — Co-Founder of NEAR Protocol and CEO of Pagoda Robbie Lim — Head of BD, NEAR Foundation Louis Liu — Founder &amp; CEO, Octopus Network Amos Zhang — Founder of MetaWeb Ventures and Early Contributor of NEAR Protocol Bowen Shen — Co-Founder, Proximity Labs Kenny Qi — Founder &amp; CEO, Sender Wallet Cox Zhang — Founder &amp; CEO, Connect3 Ran Yi — Co-Founder of Orderly Network Arjun Arora — COO, Orderly Network
Register for NEAR in HK Meetup
From April 12th — 15th, you can visit the NEAR booth during Hong Kong Web3 Festival and mingle with NEAR projects, community members, and other builders from the ecosystem.
To participate in the NEAR in HK Meetup, please register via <a href="https://www.eventbrite.hk/e/near-in-hk-create-without-limits-tickets-599298496937">Eventbrite</a> and obtain a single day pass to the HK Web 3 Festival on April 14th (valued at $100 USD). The space is limited and open registration is available for the first 200 qualified registrants only. The remaining tickets will be distributed via various community giveaways and online events to our most loyal community members.
NEAR in Hong Kong Eventbrite Open Registration:
<a href="https://www.eventbrite.hk/e/near-in-hk-create-without-limits-tickets-599298496937">NEAR in HK: Create without Limits</a>
We are doing a Community Giveaway now, don’t miss out:
<h3>NEAR Blockchain on Twitter: "Get ready to join the #HKWeb3Festival with #NEAR on the morning of April 14 at Hong Kong Convention and Exhibition Centre 🇭🇰🎁Join the #NEAR quiz to win a single-day ticket to the "NEAR in HK" meetup ($100 Value). 100 spots available! 📆Mar 28 - Apr 2Rules to enter 👇 pic.twitter.com/Rc3k1d0vuw / Twitter"</h3>
Get ready to join the #HKWeb3Festival with #NEAR on the morning of April 14 at Hong Kong Convention and Exhibition Centre 🇭🇰🎁Join the #NEAR quiz to win a single-day ticket to the "NEAR in HK" meetup ($100 Value). 100 spots available! 📆Mar 28 - Apr 2Rules to enter 👇 pic.twitter.com/Rc3k1d0vuw
For more information on the Hong Kong Web3 Festival, check out: <a href="https://www.web3festival.org/hongkong2023/home?lang=en-US">https://www.web3festival.org/hongkong2023/home?lang=en-US</a>
<img src="https://medium.com/_/stat?event=post.clientViewed&amp;referrerSource=full_rss&amp;postId=9317e5830499" width="1" height="1" alt=""><hr>
<a href="https://medium.com/nearprotocol/near-in-hong-kong-create-without-limits-9317e5830499">NEAR in Hong Kong: Create without Limits</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

NEAR in Hong Kong: Create without Limits

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*w5vrvhx-jxbXrkKiQJQMuQ.png"></figure><h3>REF FINANCE : THE AMM &amp; DEX ON NEAR THAT REDEFINES DEFI</h3>
Ref Finance is the most dominant DEX and AMM on NEAR when looking at the sheer total value locked (TVL), with TVL currently sitting at roughly $61 M (source: <a href="https://stats.ref.finance/">stats.ref.finance</a>). This is not all that surprising, Ref has always been committed to delivering an improved user experience, increased capital efficiency, and greater transparency to the DeFi space. In doing so, Ref Finance has created a seamless hub for innovation where all types of user needs are met.
<h3>TL;DR</h3>
<ol>
<li>Ref v2 pushes the boundaries; product development framework explained; plus product announcements!</li>
<li>Major partnerships within the NEAR ecosystem (for instance, with <a href="https://cellfi.io/">CellFi</a> and <a href="https://orderly.network/">Orderly Network</a>)</li>
<li>
<a href="https://twitter.com/pironidi">Didier</a>, Product Manager, says goodbye</li>
</ol>
<h3>Voting on the product roadmap!</h3>
Ref Finance will be involving the community in choosing which future products to develop. The Ref core team has already outlined 5 features which will be voted on by the Ref DAO. The top 3 most voted features will be added to the roadmap. There will also be a public feature request system where any community member can propose a product feature to be changed or added. From these public suggestions, the dev team will develop the most useful elements in future products! Public voting on the product roadmap is slated to come in the latter part of Q2.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*DjmZM42CY4tL07wbKHdkGg.png"></figure><h3>Phoenix Bonds</h3>
Phoenix bonds is a <a href="https://medium.com/nearprotocol/strategies-you-should-know-to-achieve-risk-free-earning-on-phoenix-bonds-fc441d32798e">new investment product</a> created by the team at <a href="https://twitter.com/LinearProtocol">LiNEAR Protocol</a>, a liquid staking service. LiNEAR has their project token, pNEAR, paired with NEAR as the very first v2 pool.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*7YaBD3o8i2lHPJLM"></figure><h3>Ref v2 Concentrated Liquidity: Faster, Cheaper, More Efficient</h3>
Ref v2 was recently re-launched on mainnet with a new, re-audited, contract. Live pools include AURORA&lt;&gt;USDC, NEAR&lt;&gt;USDC, and ETH&lt;&gt;USDC.
Ref v2 brings built-in limit and market orders with near-zero slippage, increased capital efficiency, fast and cheap transactions (1–2s, &lt;$0.01), and a CEX-like trading experience to NEAR. With concentrated liquidity, users can create custom liquidity provider (LP) strategies by allocating capital in a pool within specific price intervals. The LP benefits from higher fees in a concentrated price range, while traders benefit from deeper liquidity within commonly-used price ranges.
Additionally, Ref Finance is exploring ways to optimize LP use cases, including auto-compounding vaults. Considering this type of asset management is not yet available on NEAR, the team sees that market segment as ripe for innovation. For additional information, visit <a href="https://medium.com/nearprotocol/why-ref-v2-is-better-than-uni-v3-d24afb5c693c">this</a> Ref blog post.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*TcPN2lRZm42TSN23"></figure><h3>Integrations with Major DeFi Partners</h3>
Ref will be partnering with Orderly Network and Cellfi in bringing useful features to Ref’s NEAR-native DEX. With Orderly, users will have access to lending, borrowing, and margin trading services on Ref, expected by Q2/Q3 of ’23. Ref will be integrating Orderly’s liquidity and user interface (UI), providing a centralized exchange-like trading experience for Ref’s users.
Likewise, in the nearer future, as soon as the end of Q1, users will be able to automate their LP strategies on Ref using <a href="https://medium.com/orderbooks-are-near/cellfi-secures-investment-from-proximity-to-fuel-orderbook-trading-on-near-58c513736334">Cellfi</a>.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1023/1*l03JrK7XzUQJgjwpiU6ZxA.png"></figure><h3>Product Development Framework</h3>
Ref has delivered the most utilized DEX in the NEAR ecosystem for good reason: it makes a great product. Its product development framework is characterized by 5 guiding principles: Decentralization, Ecosystem Development, Security and User Protection, User Experience, and Transparency. Any creative product or feature idea must fit into at least one of the buckets for the team to move forward with its development.
Decentralization: Ref will slowly mature out of the core group, and the all-in-one DEX will eventually become a community project where the public votes on the main direction of the exchange. Ongoing DAO voting on topics like Google Analytics inclusion, farm rewards, and product features indicates the start of this transition. Ref DAO members are voting on these proposals using <a href="https://app.astrodao.com/dao/ref-finance.sputnik-dao.near">AstroDAO</a>.
Ecosystem Development: The team creates systems that make it easy for the ecosystem to benefit from Ref. For example, Ref Widgets (Q2) are in the product pipeline: projects will be able to put a widget on their website that interacts with a Ref contract. What impact will this have? If a user is on the project’s website, they can acquire the project token by swapping using Ref’s liquidity pools without having to change location. Then, they can stake and farm the project’s token using the same widget, all in one place.
This solves for the extra step new users have to take in order to participate in an early project. Users don’t have to learn how to use Ref for the smaller project to benefit. Ref helps new projects incorporate DeFi features directly on their user interface (UI). Quite generous if you ask me!
<figure><img alt="" src="https://cdn-images-1.medium.com/max/451/0*UA4HmNZWFvzSeRjH"></figure>Security and User Protection: Sentinels (Q3) that monitor tokens in pools are further down the roadmap. They will look for suspicious activity and alert relevant parties to take action. For example, say there is a sudden shift in the balance of a pool. When a pool’s balance swings dramatically from a healthy 50–50 split, that could indicate an exploit of one of the tokens. Changes to a contract’s metadata, especially token decimals, is also concerning. Sentinels will rapidly detect the threat and alert users and contract owners of the suspicious activity, increasing the security and reliability of the overall DeFi ecosystem.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xr4dptjOt03rVKoJYmQwqQ.png"></figure>User Experience (UX): Ref cares about how consumer education assists their users in making better decisions. They are working on creating visual tools, like graphs, to better explain complex scenarios that are easy to misunderstand. All users should know what they’re getting into when they interact with DeFi Dapps like Ref.
Transparency: Through datrics.ai’s <a href="https://metabase.ref-finance.datrics.ai/public/dashboard/2baa05a7-7dc3-4f66-8b93-91fb12072d4a?pool=#theme=night">public dashboard</a>, anyone can cross-check Ref’s publicly announced financial and protocol information with blockchain-verified data. Nothing is hidden behind a centralized curtain.
<h3>Conclusion</h3>
Rather than being just an AMM, Ref.finance acts as a hub for innovation, creating a sticky environment that keeps users loyal to NEAR. Ref constantly researches new products that fit into their 5 pillar development framework. Rest assured, the leading DEX in the NEAR ecosystem will continue to deliver what their users need and what the market wants.
<h3>P.S. A Note on Didier’s Departure</h3>
Didier, former Product Lead, <a href="https://twitter.com/pironidi/status/1621494791522471936">recently decided</a> to leave Ref.finance for <a href="https://pikespeak.ai/">Pikespeak</a>. According to Harry, Project Assistant Manager, the decision was difficult to handle because of Didier’s significant contributions to the business. Although he is no longer formally part of Ref, Didier is still maintaining contact with the team through group chats and friendly messages. His commitment to growing DeFi on NEAR is second to none, and Ref wishes him the best :)
For other recent updates, see Ref’s ’22 <a href="https://medium.com/@ref-finance/ref-quarterly-update-q4-2022-b3e299c740b2">Q4 summary</a> and <a href="https://ref-finance.medium.com/ref-ahead-2023-roadmap-14f8a97839f3">2023 Roadmap</a>
**Thank you to Ben and Harry for their contributions to this article**
Written by <a href="https://twitter.com/btvweb3">Alex Wonnel</a>l Edited by <a href="https://twitter.com/achildhoodhero">@achildhoodhero</a>
<h3>About NEAR Protocol</h3>
NEAR is on a mission to onboard a billion users to the infinite possibilities of Web3 with the Blockchain Operating System (BOS). Leveraging its high-performance, carbon-neutral protocol, which is fast, secure, and scalable, BOS provides a common layer for browsing and discovering the Open Web.
<a href="http://near.org/">NEAR Protocol</a> | <a href="http://alpha.near.org/">NEAR Discovery</a>
<h3>About NEARWEEK</h3>
NEARWEEK is one of the first decentralised news sources within the NEAR ecosystem. Via the production of high-quality content, news, and promotional support, NEARWEEK unleashes the full potential of its media outlets to act as the social epicentre of the NEAR ecosystem.
<a href="http://nearweek.com/">Website</a> | <a href="http://twitter.com/nearweek">Twitter</a> | <a href="https://subscribe.nearweek.com/">Newsletter</a>
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<a href="https://medium.com/nearprotocol/ref-finance-the-amm-dex-on-near-redefining-defi-2183d4338acf">REF FINANCE : THE AMM &amp; DEX ON NEAR THAT REDEFINES DEFI</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

REF FINANCE : THE AMM &amp; DEX ON NEAR THAT REDEFINES DEFI

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*8ge2tPQK5vNAvZNO.png"></figure>Near Foundation is excited to announce a new partnership with Popp, a company helping small businesses generate better customer engagement using Web3 technology.
As part of the partnership, Popp — a solution-as-a-service (SaaS) for small-to-medium consumer brands — will launch its white-labeled tools and products exclusively on Near.
<h3>How Popp works for small businesses</h3>
Popp helps consumer brands launch micro community spaces for customers, which are embedded in their online stores. Milestone-based customer rewards then drive more engagement for brands. The Near partnership will, for instance, allow Popp’s customers to issue NFTs when certain milestones are met.
On Popp, brands can build deeper, more meaningful connections with customers by rewarding them across multiple touch points. Through these bespoke projects, Popp has already generated over £57k in revenue ($69k USD) in six months via six pilot partners.
Popp has two interfaces. On the business side, each brand gets its own custom dashboard, where they control its loyalty and rewards program and see customer data. On the customer side, users can see all of the user activity in one place, like new members and the number of “Popps” that are live or completed. Customers can also create and interact with content — the more they interact with the community, the more coins they can earn.
Popp’s customer brands include <a href="https://batchldn.com/">Batch LDN</a>, <a href="https://perlcosmetics.com/">perl Cosmetics</a>, <a href="https://www.acid-running.com/">Acid Running</a>, <a href="https://www.jenki.co.uk/">Jenki Matcha</a>, and <a href="https://oceanbottle.co/en-us">Ocean Bottle</a>.
<h3>What’s a Popp?</h3>
A Popp is a small task set by a brand for customers. If customers complete the task, they earn coins that can be used to redeem rewards or unlock experiences.
Each brand can set a variety of Popps for their customers, which are micro-tasks that generate value for the brand. This can include creating content, leaving reviews, or referring friends. Completing various Popps give users things like discounts and vouchers, but brands can also set up popps for charity, sustainability, and much more.
Through Popp’s “Partnerships” feature, brands can make coins redeemable for rewards from partnering bands. This feature even allows companies to “invite” brands to partner with them for these rewards. Each customer gets their own user profile, through which they can see the number of coins they’ve collected, and explore where to redeem rewards.
Head over to <a href="https://www.joinpopp.com/">Popp</a> to explore the company’s customer rewards ecosystem. Popp’s closed beta is now live and e-commerce brands should head over to the website now to join the waitlist!
Originally published at <a href="https://near.org/blog/near-and-popp-partner-on-customer-engagement-for-small-businesses/">https://near.org</a> on March 24, 2023.
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<a href="https://medium.com/nearprotocol/near-and-popp-partner-on-customer-engagement-for-small-businesses-bb75098b6e22">Near and Popp Partner on Customer Engagement for Small Businesses</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

Near and Popp Partner on Customer Engagement for Small Businesses

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Vt_hlQ4HAMJ9z1Q5vV_1ww.png"><figcaption>Image Source: <a href="https://near.org/blog/near-teams-with-google-cloud-to-accelerate-web3-startups/">NEAR Foundation</a></figcaption></figure><blockquote>Pagoda, the engineering team leading technical development of NEAR Protocol, has selected Google Cloud to power the infrastructure services used by the NEAR ecosystem.</blockquote>
Web3 is a paradigm shift where identity, data, and assets are controlled and owned by users and the web’s services are decentralized. To enable this vision, there’s a requirement for a foundational infrastructure layer that can scale to billions of users, maintain a decentralized and secure environment, and be independently sustainable over time.
That infrastructure is a necessary condition for Web3 adoption, but it isn’t sufficient by itself. In particular, usability is one of the biggest hurdles to Web3 adoption. The technology is still relatively new — about ten years old — and the data, tooling, and product layers are even newer. Millions of people use Web3 today, but that’s a long way from the billions on Web2.
<a href="https://near.org/">NEAR</a> was created to address this challenge by providing an open-source Layer-1 blockchain with a scalable and dynamically sharded network that’s actually usable, making it easier for developers to build usable products.
NEAR was founded by Illia Polosukhin — a former Google and TensorFlow developer — and Alex Skidanov, formerly a MemSQL and AI researcher. They needed a way to pay contributors worldwide to help them in their AI startup and discovered that it wasn’t practically possible with existing blockchains like Ethereum. They <a href="https://near.org/about/#anker_history">pivoted to focus on this vision</a> in 2018 and released NEAR’s mainnet in 2020.
Since then, the protocol has grown dramatically, with <a href="https://awesomenear.com/projects">over 1,000 active projects</a> and <a href="https://near.org/blog/near-2022-a-year-in-review">22 million users</a>. However, NEAR’s main purpose is to not just enable the Web3 vision technically, but to do so in a way that enables mass adoption by both developers and users — a challenge it has partnered with Google Cloud’s broader Web3 initiatives to help solve.
<h3>Supporting Continuous Growth</h3>
To support continued adoption, there are multiple upgrades coming NEAR Protocol’s roadmap that culminate with the arrival of Nightshade Sharding, the final phase of NEAR’s architecture roadmap. Sharding scales the network via parallelization so it can handle surges in demand and eventually support billions of users. Divided into four phases, the chain’s sharding mechanism is currently in the second phase with a fixed set of shards. The next stage will shard both state and processing, and the fourth and final stage introduces dynamic resharding to have the network automatically split and merge shards as needed based on usage.
Pagoda, the engineering team leading technical development of NEAR Protocol, selected Google Cloud to power the infrastructure services used by the NEAR ecosystem. A core challenge that we face as an infrastructure providers is ensuring the automatic scalability of these services to meet growing demands of builders in the ecosystem. Google Cloud lets our developers focus on the things that matter. They can save time in development and reduce time to delivering value by eliminating the need to reinvent infrastructure with each new project. At its core, providing this ready-to-use infrastructure supports the usability and accessibility vision of NEAR.
Furthermore, Google Cloud supports new builders on the NEAR ecosystem through a dedicated technical support program for NEAR grant recipients. This partnership lets NEAR Protocol provide high-quality resources and support to new projects that are taking their first steps in the ecosystem.
<h3>Usability as a Core Differentiator</h3>
NEAR prioritizes usability as one of its core values and has always treated it as an all-encompassing philosophy. A blockchain that is not scalable or safe is not usable. Similarly, if a technology is difficult to use and build with, the apps created with that technology will require heavier polishing and sacrifice either usability or features in that process.
NEAR seeks to address this by embedding usability and accessibility into the core protocol itself. That removes complexities introduced by Web3 and abstracts them away for developers, allowing them to build simpler and friendlier interfaces for their users.
One example of this approach can be seen in <a href="https://wallet.near.org/">NEAR’s account model</a>, which is known for its flexibility and use of human-readable addresses (e.g. jane.near) over complex hexadecimal strings. This is a unique feature for NEAR among Layer-1 blockchains.
The focus on usability is also at the core of <a href="https://www.pagoda.co/blog/protocol-roadmap-2023-4-the-next-2-years-of-near">NEAR’s two-year technical roadmap</a>, which is about removing barriers for builders at the protocol level.
Meta-transactions, one of the upcoming features, will enable accounts and decentralized applications to send transactions on behalf of users and pay necessary network usage fees for them. This removes potential confusion while interacting with an application, and more closely resembles existing end-user web experiences.
Another example of accessibility embedded in the protocol is the addition of support for Secp256r1 keys, which enable certain mobile devices such as iPhones to have implicit accounts on-chain. This simplifies the onboarding process for mobile users by removing the need to go through the process of creating an account, which can include dozens of steps on other popular blockchains and often requires purchasing cryptocurrency on an exchange.
Enhancing usability and accessibility are among the benefits that NEAR is gaining by partnering closely with Google Cloud. We continue to see trust in this relationship across the board, and that is reflected in seeing some of NEAR Protocol’s validators choosing Google Cloud as home for their nodes.
Written by <a href="https://twitter.com/dgorton?s=20">Drew Gorton</a> (Head of Developer Relations, NEAR Inc.)
Original source provided by <a href="https://cloud.google.com/blog/topics/startups/near-building-useable-web3-infrastructure-on-google-cloud">Google Cloud</a>.
<h3>About NEAR Protocol</h3>
NEAR is on a mission to onboard a billion users to the infinite possibilities of Web3 with the Blockchain Operating System (BOS). Leveraging its high-performance, carbon-neutral protocol, which is fast, secure, and scalable, BOS provides a common layer for browsing and discovering the Open Web.
<a href="http://near.org/">NEAR Protocol</a> | <a href="http://alpha.near.org/">NEAR Discovery</a>
<h3>About NEARWEEK</h3>
NEARWEEK is one of the first decentralised news sources within the NEAR ecosystem. Via the production of high-quality content, news, and promotional support, NEARWEEK unleashes the full potential of its media outlets to act as the social epicentre of the NEAR ecosystem.
<a href="http://nearweek.com/">Website</a> | <a href="http://twitter.com/nearweek">Twitter</a> | <a href="https://subscribe.nearweek.com/">Newsletter</a>
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<a href="https://medium.com/nearprotocol/near-x-google-partner-to-grow-web3-adoption-through-usability-b3a02dce8b31">NEAR x GOOGLE PARTNER TO ACCELERATE WEB3 ADOPTION</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

NEAR x GOOGLE PARTNER TO ACCELERATE WEB3 ADOPTION

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*N6od71EsHjcufj2bPBUBOA.png"></figure>March 23th 2023, Seoul, Korea , 9:00 am ET — <a href="https://near.org/">NEAR Protocol</a>, the open source, climate-neutral blockchain and creator of the Blockchain Operating System (BOS), announced the creation of a strategic partnership with leading blockchain gaming company <a href="https://twitter.com/WemixNetwork">WEMADE</a> to help support the development of blockchain apps in Korea and other markets.
Near and WEMADE will jointly support initiatives to increase mutual brand awareness; invest in research and collaboration on cross-chain; host more community events like hackathons and boot camps; and scout for potential Web3 business opportunities and nurture the next generation of Web3 developers.
<blockquote>We will successfully drive mainstream adoption in the Korean gaming industry through BOS.  — Scott Lee, General Manager, Near Korea Hub
</blockquote>
A renowned industry leader in game development, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Its WEMIX subsidiary is building an experience-based, platform-driven, and service-oriented mega-ecosystem that will give users everywhere access to a wide spectrum of intuitive, convenient, and easy-to-use Web3 services and applications.
‘WEMADE and Near share a similar vision of enabling and accelerating the mainstream adoption of blockchain to create a future of near limitless potential use cases and benefits for all of us across many different areas of our daily lives,’ said Shane Kim, CEO, WEMIX and Vice President, WEMADE. ‘In order to achieve that vision, we must make it easier, faster and more cost effective for developers to onboard off-chain apps, organisations and startups, and are confident that this partnership with Near Protocol is ideally positioned to do so.’
<blockquote>We’re thrilled to be partnering with WEMADE as part of our shared vision towards a decentralized future for the gaming industry. By joining forces, we are confident in our ability to accelerate the development of cutting-edge solutions that meet the growing needs of gamers and developers in the Web3 space.  — Marieke Flament, CEO, Near Foundation
</blockquote>
This is Near’s second major brand partnership announcement in Korea after it partnered with Kakao Games’ METABORA earlier this year. South Korea has been at the forefront of setting trends and leading technological research and is <a href="https://www.globenewswire.com/en/news-release/2023/01/05/2583417/28124/en/South-Korea-NFT-Market-Intelligence-and-Future-Growth-Dynamics-Databook-2022-50-KPIs-on-NFT-Investments-by-Key-Assets-Currency-Sales-Channels-2019-2028.html">ranked among the top 10 nations</a> on Global Innovation Index by the World Intellectual Property Organization. There has been consistent investment in the Web3 blockchain gaming industry, with <a href="https://venturebeat.com/games/2023-will-be-the-year-that-blockchain-games-deliver-quality-and-fun-polygon/">more than $500 million</a> invested between October and November last year.
Original Source provided by NEAR Foundation.
<h3>About WEMADE</h3>
A renowned leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services
<a href="https://www.wemix.com/en">Website</a> | <a href="https://twitter.com/WemixNetwork">Twitter</a>
<h3>About NEARWEEK</h3>
NEARWEEK is one of the first decentralised news sources within the NEAR ecosystem. Via the production of high-quality content, news, and promotional support, NEARWEEK unleashes the full potential of its media outlets to act as the social epicentre of the NEAR ecosystem.
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<a href="https://medium.com/nearprotocol/near-partners-with-leading-web3-gaming-company-wemade-to-support-app-development-f1496a3795a">NEAR PARTNERS WITH LEADING WEB3 GAMING COMPANY WEMADE TO SUPPORT APP DEVELOPMENT</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

NEAR PARTNERS WITH LEADING WEB3 GAMING COMPANY WEMADE TO SUPPORT APP DEVELOPMENT

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*YIgk49zRpynQrXRN"></figure><h3>FROM CONCEPT TO REALITY : EXPLORING PUBLIC GOODS FUNDING ON NEAR</h3>
The NEAR Protocol ecosystem is one that values public goods funding, which not only includes digital infrastructure but also the social layer. However, compared to other ecosystems, public goods funding is not yet widely discussed on NEAR. In this blog post, we explore what public goods funding is, why it is important, and how NEAR can benefit from it
<h3>What are Public Goods in Web3?</h3>
Blockchains themselves are classed as public goods, since anyone can create a Web3 wallet and start accessing a network. The client software used to connect and interact with blockchains, as well as the dApps built on top of them, can also be considered public goods that serve the community with accessible services (with some nuance).
Illia Polosukhin, for example, highlights Uniswap as a public <a href="https://twitter.com/ilblackdragon/status/1587378295892578305">good on Ethereum</a> that serves the community with an accessible swapping avenue.
<h3>Illia (root.near) (🇺🇦, ⋈) on Twitter: "Simplest example is Uniswap being a public good swap on Ethereum. Or hardhat/truffle. They have a token and may even have some revenue model but they serve bigger role in the ecosystem. / Twitter"</h3>
Simplest example is Uniswap being a public good swap on Ethereum. Or hardhat/truffle. They have a token and may even have some revenue model but they serve bigger role in the ecosystem.
But public goods are not just digital infrastructure, in the world of Web3 they also include: the social layer, documentation, education, protocol research, and community building.
<h3>Public Goods on NEAR</h3>
Developing and maintaining public goods is critical for an ecosystem’s growth and longevity. For a long time, the <a href="https://twitter.com/NEARFoundation?s=20">NEAR Foundation</a> has been the main source of support for developers who maintain NEAR Protocol, create clients, or write documentation.
The recent launch of <a href="https://medium.com/nearprotocol/what-is-the-near-digital-collective-d7bb4da9b400">the NEAR Digital Collective</a> has seen the creation of a new transparent framework to decentralise funding throughout the NEAR ecosystem. For example, builders in the NEAR ecosystem can now <a href="https://www.neardevgov.org/blog/near-developer-governance-funding-guidelines">directly request funding from NEAR Developer Governance (NDG)</a>, among additional entities, if their project meets the right criteria.
Note: NEAR protocol has a neat feature for developers writing smart contracts <a href="https://docs.near.org/concepts/basics/transactions/gas">where 30% of the gas accrues to the contract</a>, and the rest is burned. That means if you create a very popular smart contract, you’ll earn from it for life.
Without this sort of support, it would be challenging to maintain infrastructure and grow the NEAR ecosystem in a sustained manner.
<h3>Looking at the Bigger Picture</h3>
Real-life public goods are mostly funded through taxes imposed by the government, and in some cases, aren’t funded at all when looking at open-source code.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/385/0*-TeTd21FvBQWz-vT"><figcaption><a href="https://xkcd.com/2347/">Source</a></figcaption></figure>Public goods don’t have an obvious exit or business model. That makes them unattractive to profit-oriented investors.
The good news here is that Web3 ecosystems have been experimenting with this for a while. Let’s have a look at a few interesting approaches:
<h3>I — Moloch Framework</h3>
One framework that has been repeatedly used by <a href="https://daohaus.mirror.xyz/U_JQtheSzdpRFqQwf9Ow3LgLNG0WMZ6ibAyrjWDu_fc">investment DAOs is the Moloch framework.</a> Moloch is a set of smart contracts that facilitate human coordination. The first one to use the framework was Moloch DAO which is focused on funding public goods in the Ethereum ecosystem. Everyone votes on what projects to invest in. And if a vote doesn’t go to your liking, you can always ragequit (like the Panda below) and withdraw your funds.
<a href="https://medium.com/media/ebc6d8be2dad87a93cf0e032df2db7ec/href">https://medium.com/media/ebc6d8be2dad87a93cf0e032df2db7ec/href</a>While these frameworks are a great step, they’re still vulnerable to allocating more power to those with deep pockets.
<h3>II — Quadratic funding</h3>
<figure><img alt="" src="https://cdn-images-1.medium.com/max/896/0*Cbk7pqlBTur8RIx5"><figcaption>The formula behind QF (<a href="https://finematics.com/quadratic-funding-explained/">Source</a>)</figcaption></figure>Quadratic funding is quickly explained; it uses an algorithm to optimise funding amounts going to public goods in a way where it is of more importance how many people contribute than the amount they donate.
<a href="https://gitcoin.co/">Gitcoin, a platform paying to maintain open-source projects, </a>has been pushing this approach as the “mathematically optimal way to fund public goods in democratic communities” as it pushes power to the edges. On Gitcoin, when you apply for a grant, it’s better to have 100 people pledge just $1 each than having 1 person allocate $100 straight. Depending on the number of backers, funds are then matched through sponsors.
Meanwhile on NEAR, the EVM layer Aurora has been a generous sponsor to <a href="https://twitter.com/auroraisnear/status/1566775393507389441?s=20">Gitcoin’s 15th grants round, matching participants’ funds with $100,000</a> to foster projects building public goods. Funded projects included <a href="https://cryptodo.app/">Crypto Do App</a>, a multichain no-code builder, <a href="https://incrypted.com/">Incrypted</a>, a channel focused on providing web3 education, among others.
<h3>III — Retroactive public goods funding</h3>
Overall, it’s easier to evaluate the contribution of something after it has been built. That’s what RPGF is all about. It’s a way to create an exit for public goods and eventually make them as profitable to build as VC-backed ventures.
The Ethereum Layer-2 <a href="https://tokeninsight.com/en/news/optimism-to-distribute-10-million-op-in-its-second-round-of-retroactive-public-goods-funding">Optimism has heavily leaned into retroactive public goods funding, distributing millions of its native tokens to teams and individuals contributing to its ecosystem</a>. It sounds pretty easy, in theory, to pay for the value created, but the reality is that we’re still in the experimental phase.
<h3>…And Into the NEAR Future</h3>
With the formation of various funding bodies within the NEAR ecosystem, it’s important to remember that the funding of public goods is essential to maintaining infrastructure and sustaining the growth of the network. As an ecosystem, we should collectively explore the potential benefits and drawbacks of some these different funding models, and consider further integrating them to support public goods.
If all clients were to suddenly started charging people for usage, it would undermine the purpose of the network. For instance, MyNEARWallet is currently in the process of being handed over to the community (update: <a href="https://twitter.com/NEARHACKS/status/1630600200749215745?s=20">Meteor Wallet has been announced as its official maintainer</a>), but the question to address is: how will the maintainers be rewarded once the foundation is fully dissolved?
It’s not just about ensuring the infrastructure on NEAR remains secure and openly accessible to all. Public goods drive demand for block space and increase protocol revenue, which drives value to stakeholders and creates a thriving ecosystem—a net positive for any blockchain.
Written by <a href="https://twitter.com/near_intern?s=20&amp;t=Ogx6QnLu8ZgTzVy7lWxkXw">@NEAR_intern</a> Edited by <a href="http://twitter.com/achildhoodhero">@achildhoodhero</a>
<h3>About NEAR Protocol</h3>
NEAR is on a mission to onboard a billion users to the infinite possibilities of Web3 with the Blockchain Operating System (BOS). Leveraging its high-performance, carbon-neutral protocol, which is fast, secure, and scalable, BOS provides a common layer for browsing and discovering the Open Web.
<a href="http://near.org/">NEAR Protocol</a> | <a href="http://alpha.near.org/">NEAR Discovery</a>
<h3>About NEARWEEK</h3>
NEARWEEK is one of the first decentralised news sources within the NEAR ecosystem. Via the production of high-quality content, news, and promotional support, NEARWEEK unleashes the full potential of its media outlets to act as the social epicentre of the NEAR ecosystem.
<a href="http://nearweek.com/">Website</a> | <a href="http://twitter.com/nearweek">Twitter</a> | <a href="https://subscribe.nearweek.com/">Newsletter</a>
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<a href="https://medium.com/nearprotocol/from-concept-to-reality-exploring-the-funding-of-public-goods-on-near-712511c6732a">FROM CONCEPT TO REALITY : EXPLORING PUBLIC GOODS FUNDING ON NEAR</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

FROM CONCEPT TO REALITY : EXPLORING PUBLIC GOODS FUNDING ON NEAR

<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*rJzToBqedYDZb4z0tKs43g.jpeg"></figure><h3>NEAR TAKES THE SPOTLIGHT AT ETHDENVER 2023 : DISCOVER THE NEXT-GENERATION BOS</h3>
March 2nd, 2023, Denver, Colorado: <a href="https://www.ethdenver.com/">ETHDenver</a> is an annual blockchain conference that brings together developers, entrepreneurs, and enthusiasts from around the world to explore the latest innovations in the blockchain ecosystem.
What originally started as an Ethereum-focused event, has expanded over the years to include all kinds of blockchains and Web3 projects. The event is made up of workshops, hackathons, and keynote speeches, and is well recognised for its many networking opportunities. This year was no exception.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*IhozDt7ZDSUUZ4-4"></figure><h4>An Event Dedicated to Developers</h4>
At ETHDenver, attendees can learn from industry experts and participate in hands-on activities to develop their blockchain skills through programs like <a href="https://www.ethdenver.com/campbuidl">Camp Buidl</a>. The hackathon is a popular feature of the conference, providing developers with the chance to work on real-world blockchain projects and win prizes, presenting the final result to judges and a large final-day crowd. ETHDenver also features a variety of exhibits and booths showcasing the latest products and services in the blockchain industry.
The conference encourages collaboration and creativity, with a focus on building a more decentralized and equitable future. It is known for its inclusive and welcoming atmosphere, with attendees from diverse backgrounds and skill levels coming together to share knowledge and ideas. For many attending, ETHDenver is a chance to meet people who you might only know digitally. There’s a power in these personal interactions.
<h4>NEAR Day</h4>
NEAR Protocol was one of the major players at ETHDenver in 2023. This year, the protocol had its own dedicated <a href="https://neardenver.splashthat.com/">NEAR Day</a>: a full-day event at the main Genesis Stage on Thursday. Following the series of NEAR-focused talks, keynotes, and workshops, NEAR sponsored the opening night party at the Mission Ballroom with world class DJs and a chance for VIPs to network beforehand. Additionally, many of Near’s biggest names gave talks at smaller stages throughout the conference, including <a href="https://twitter.com/ilblackdragon">Illia Polosukhin</a>, <a href="https://twitter.com/mariekeflament">Marieke Flament</a>, <a href="https://twitter.com/mattdlockyer">Matt Lockyer</a>, and Alex Chiocchi.
<a href="https://twitter.com/marcus_NEAR?s=20">Marcus</a>, Ecosystem Relations at Near Foundation, had this to say about NEAR’s presence at ETHDenver, including a major protocol announcement:
<blockquote>‘There’s better turnout than expected, the NEAR booth is buzzing; lots of people here are showing an interest, especially following the Blockchain Operating System announcement. Looking around, I see doors opening to lots of new opportunities.’ —Marcus, NEAR Foundation</blockquote>
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*obVLs7eE2z5LfsGjjbozAA.png"></figure><h4>An Introduction to BOS</h4>
NEAR announced during NEAR Day that it is now positioning itself as a Blockchain Operating System (BOS). In essence, BOS allows developers to build any decentralised front-end using NEAR. The blockchain space is currently fragmented as there exist a plethora of different identities across networks, BOS solves this by allowing users and develoers to experience the best of the Open Web in one place without neesing to worry about what underlying chain is being used. BOS creates a more seamless Open Wenb experience, allowing NEAR’s infrastructure to pioneer solutions and applications that haven’t seen before.
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*MmZ3LBrhKwTnKrb0"></figure><h4>A Summary of Major NEAR Announcements</h4>
Here is a brief recap of the most important presentations during NEAR Day:
<h4>Illia Polosukhin : A Decentralized Developer Platform</h4>
Illia discusses the recent announcement of a new NEAR layer that allows for the creation of decentralised front-ends to be built on top of existing data stacks, making it possible to build applications that are fully decentralised. He touches upon NEAR’s primary mission to make Web3 simple, secure, and scalable, and highlights the focus NEAR places on user and developer tooling to create an end-to-end experience.
Illia discusses his background in machine learning and how NEAR came to be, and highlights exciting use cases for NEAR. These include: NFT marketplaces, decentralised order books, and streamlined funding. He ends the presentation by emphasising the importance of creating a seamless user experience in driving mass adoption to Web3, and cordially invites all developers to explore NEAR’s platform at <a href="https://alpha.near.org/">alpha.near.org</a>.
<h4>The Three Pillars of Sustainability for Blockchain</h4>
Marieke Flament, CEO of the NEAR Foundation, speaks about the three pillars of sustainability for blockchain. She focuses on the importance of building to create real engagement, the long-term strategic focus at NEAR, and the possible impact of what is being developed.
Flament notes that NEAR is committed to sustainability by being carbon neutral and inclusive. She expands on this by explaining that as technologists, it is our responsibility to act with integrity and build for a better future, ending the talk by inviting attendees to join NEAR in creating a better Web3 ecosystem.
<h4>What’s Wrong with Web3 Onboarding and How to Fix it!</h4>
Matt Lockyer and Ben Carrick present Keypom, highlighting the problems that exist with current Web3 onboarding, and explain how the Keypom project brings a revolutionary paradigm shif to the onboarding process.
The duo explain that the current problem with Web3 is that users are required to set up wallets, which can be overwhelming, confusing, and daunting for those who are not familiar with crypto. Keypom’s solution is to let users set up their wallets only after they have seen the value from the dApp being used. This user experience is unique because there is no wallet connection, no seed phrase, no private keys, and no Metamask extensions. Users are instantly signed into their Web3 dApp, without any extra hassle.
<h4>The Upcoming Renaissance of ‘Super-dApps’</h4>
Alex Chiocchi, Chief Product Officer at Pagoda, discusses the need for a new decentralized operating system that can decentralize major parts of the technology stack and create super-dApps.
He explains the principles and features required for such a system, including self-sovereignty, low-tech literacy, consistent user experience, and seamless community commerce. Chiocchi also discusses his work on the BOS and how it allows for the creation of a fully decentralized identity.
For a more in-depth summary of NEAR at ETHDenver, check out:
<a href="https://auroracloud.dev/">Aurora Labs: Aurora Cloud</a>
<a href="https://near.org/blog/near-announces-the-blockchain-operating-system/">Foundation: NEAR Announces the Blockchain Operating System</a>
<a href="https://www.flowcarbon.com/knowcarbon/near-protocol-partners-with-flowcarbon">Flowcarbon’s partnership announcement with NEAR</a>
<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*EhisYQewaR-v49ko"></figure><h4>Till Next Year!</h4>
Overall, ETHDenver created an incredible opportunity for NEAR Protocol to be in the spotlight. The event encouraged builders to connect with the broader blockchain community and showcased the best of NEAR’s cutting-edge tech and bright future.
Everyone who attended ETHDenver walked away from the conference with a renewed sense of purpose and enthusiasm at the prospect of creating a more open and decentralised future. Till next year Denver!
Written by <a href="https://twitter.com/btvweb3">Alex</a> Edited by <a href="https://twitter.com/achildhoodhero">@achildhoodhero</a>
About NEAR Protocol
NEAR is on a mission to onboard a billion users to the infinite possibilities of Web3 with the Blockchain Operating System (BOS). Leveraging its high-performance, carbon-neutral protocol, which is fast, secure, and scalable, BOS provides a common layer for browsing and discovering the Open Web.
Established by a community-driven team of engineers and entrepreneurs, NEAR’s front-end is compatible with all blockchains, making it the entry point to the Open Web for users and developers alike.
<a href="http://near.org/">NEAR Protocol</a> | <a href="http://alpha.near.org/">NEAR Discovery</a>
About NEARWEEK
NEARWEEK is one of the first decentralised news sources within the NEAR ecosystem. Via the production of high-quality content, news, and promotional support, NEARWEEK unleashes the full potential of its media outlets to act as the social epicentre of the NEAR ecosystem.
<a href="http://nearweek.com/">Website</a> | <a href="http://twitter.com/nearweek">Twitter</a> | <a href="https://subscribe.nearweek.com/">Newsletter</a>
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<a href="https://medium.com/nearprotocol/near-takes-the-spotlight-at-ethdenver-discover-the-next-generation-blockchain-operating-system-926305de061c">NEAR TAKES THE SPOTLIGHT AT ETHDENVER 2023 : DISCOVER THE NEXT-GENERATION BOS</a> was originally published in <a href="https://medium.com/nearprotocol">NEAR Protocol</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.

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