A Note from the NEAR Foundation:
It’s been quite a day for all of us in
#Web3
. We'd like to take this opportunity to comment on the current state of the
#NEAR
Foundation in regard to NEAR’s positioning and future outlook.
In the interest of transparency with our
#NEAR
community and given all the uncertainty this week, we will continue to be as open as possible about where NEAR Foundation stands regarding FTX.
The first AMA of the year is going live this Thursday at 17:00 UTC 🎉
The topic? All things NEAR Digital Collective.
Join
@mariekeflament
,
@Blaze0x1
, and more as we deep dive into the NDC and the future of governance.
Learn more 🧵
Tomorrow the NEAR Foundation will be hosting a Twitter spaces as part of the commitment to improve communications across the ecosystem & community
Hosted by NEAR Foundation’s
@marcus_NEAR
, CEO
@mariekeflament
, NEAR Co-Founder
@ilblackdragon
& others
You asked we listened.
Our next AMA with
@MariekeFlament
, CEO of the NEAR Foundation, is coming up 🎉
We've collected your questions and will be answering them live.
📆 Thursday, Nov 17th
🕐 17:00 UTC
Hit the 🔔 and set a reminder
NEAR Foundation has always focused on diligent and conservative treasury management, and we are well positioned to weather the storm. No better time to build on NEAR!
Hello from the Foundation, we thought we'd provide an update on what's been happening in and around the Foundation last week, and what's coming up.
What were we up to last week? 🧵🎉
We know that times can get tough.
And after last year, especially in the world of
#Web3
.
That’s why we’re partnering with Spill to provide mental health support to our entire community.
Read more about Spill and how to access it here:
March was a great month for the NEAR Ecosystem — wrapping up this year’s 1st quarter strong during the March Town Hall.
Some highlights tackled were NEAR’s solid growth, new brand partnerships, & holding the biggest hackathon in
#NEAR
history.
Read more:
1/ In light of recent news, we would like to confirm that the
#NEAR
Foundation has no exposure to Silvergate and minimal exposure to SVB — well under the FDIC insurance limit of $250k
Fiat funds held by the Foundation are stored in AA and AAA-rated Swiss bank accounts.
We raised over $500m in Q1 2022, of which we still have a very large percentage held in fiat and in triple A-rated banks. We have an estimated five-year runway.
Join us tomorrow at 17:30 GMT for the next AMA from the
#NEAR
Foundation.
We're discussing all things Funding & Decision making.
Got a question but can't make it? Drop them below👇
.
@tamago_stream
a decentralized music streaming NFT Hybrid built on the NEAR public blockchain, is making waves in audio streaming.🎵
The project has been "billed as a reimagining of the streaming model, Tamago will release exclusive NFTs and music drops"
Thanks to our responsible treasury management, we have minimal exposure to current market developments concerning FTX/Alameda.
NF didn’t hold any funds on FTX.
The
#NEAR
Foundation is refining our approach to the Grants Process.
A part of this includes the evolution of funding via DAOs. Want to get involved and help shape the approach?
Check out the blog below:
The
#NEAR
Foundation Team continues to expand.
Today, we're welcoming Mary Beth Buchanan as Strategic Advisor alongside Sheila Warren and Jason Warner who will join the NEAR Foundation Council.
NEAR Foundation's weekly on chain data report is here! 📊 Get the full scoop 🍨 on user activity on the NEAR network and help us build a secure and transparent decentralized web. 🔗
#NEAR
launches Balkans Regional Hub.
The NEAR Balkans Regional Hub will accelerate onboarding of Web3 talents and blockchain projects in the Balkans.
The mission? To grow the NEAR ecosystem.
Read more 👇
We're committed to making 2023 the year of
#NEAR
.
Take a look at the goals and target metrics of the
#NEAR
Foundation & Pagoda in our latest blog post:
We're thrilled to be welcoming two new hires to the
#NEAR
Foundation Team.
Bill Earner will be bringing his wealth of experience to the Foundation as COO.
Additionally, Christopher Donovan joins as Legal Counsel to leverage his experience to traverse the regulatory landscape.
The NEAR Foundation is proud to join the policy superheroes
@0xPolygonFdn
,
@SolanaFndn
, and
@fund_defi
for the European edition of Crypto Policy Bootcamp happening in Paris and London, 15th and 18th of March, 2024, respectively.
Come and join us!👇
The sessions will offer
Just a quick reminder that it’s ok not to be ok.
If you need someone to speak to, in a completely confidential environment, then check out our recent partnership with Spill to bring the service to the
#NEAR
community.
We know that times are tough for the wider market.
We see this as an opportunity for the NEAR Foundation to focus on setting NEAR up for long-term success and staying true to our core mission and values: attracting the Web2 world to build and use Web3 without limits.
Looking for that weekly hit of events the NEAR Foundation will be attending in the coming days? Please find a list of all upcoming events and appearances below.
And if you're there, drop by and say hello!
The
@NEARFoundation
’s vision for the future.
CEO
@MariekeFlament
shares her insights on
#NEAR
’s mission, new structural changes and how the Foundation is changing to better meet the needs of the growing NEAR ecosystem.
Read below ⬇️
As the blockchain ecosystem evolves, so does the
#NEAR
Foundation and our processes.
Read our latest piece on "Evolving NEAR Foundation’s Funding Strategy" here:
Happy Monday to you all, and a very special Happy Thanksgiving to all US-based members of the community. 🥧🦃
As part of the Foundation’s renewed comms strategy, please find an update on news from in and around the ecosystem.
What were we up to last week?
“Web 3 is going to offer new methods of working, learning, transacting, and interacting with others. Thanks to the use of blockchain, there will be no central authority or central points of control.” -
@mariekeflament
during the IFGS 2022
🔖Read more:
Calling all devs! 📢 Interested in attending
@consensus2022
? Enter for a chance to win a free ticket for the weekend and an opportunity to meet the NEAR and Pagoda teams here:
FTX and Alameda have both backed the NEAR Foundation, FTX has 8.9M tokens with 1.5M unlocked to date.
Alameda has 8.1M tokens, none of which is unlocked. This exposure is very small.
NEAR is ushering in the era of music with blockchain. 💽
Catch the next NEAR Town Hall on 🗓️ April 28, 2022, at 5:00 PM GMT, for a discussion on how music has been thriving in the NEAR ecosystem.
Register now:
Happy Monday
#NEAR
. Please find an update to the content team’s toing and froing.
🤸
What was the NF up to last week?
The Foundation shared three key updates last week. You can find them all here:
Crypto is coming under increasing scrutiny over its Environmental, Social, and Governance (ESG) credentials.
NEAR Foundation CEO
@mariekeflament
will be discussing these issues at the
@FTlive
Summit tomorrow at 10.40AM GMT.
🎥 Tune in 🔽
The CV VC Global Report 2022 provides a synopsis of the booming sectors of the global blockchain ecosystem.
In
@CV_Labs
' report,
#NEAR
is recognized as one of the top organizations in the platforms and protocol category.
Read more:
As part of the Foundation’s commitment to transparency, each week we publish data to help the NEAR community understand the health of the ecosystem.
Our latest edition is available here:
Illia Polosukhin returns to the NEAR Foundation Council to continue the evolution of the NEAR ecosystem.
Diogo Mónica, Founder of Anchorage, joins as Chairman
NEAR announced its new partnership with
@SweatEconomy
, a London-based tech company incentivizing people to move more.🚶
Sweatcoin is built on top of NEAR Protocol, kickstarting a new movement economy & helping people stay active in Web3. 🏋️♂️
Learn more🔽:
Hey-o! Happy Cyber Monday to you all. 🤖
To get you started this week, please find an update from the Foundation’s content team.
What was the Foundation up to last week?
We're thrilled to be hosting the official Climate Summit at this year’s
#ETHDenver
, alongside some amazing projects on March 1st 🌎🎉
@mariekeflament
will be taking the stage to discuss all things climate and
#NEAR
Interested?
Check out the link below:
Why did , a charity project created by blockchain activists, choose to build on the
@NEARProtocol
? 🛠
Co-founder Rev Miller explains why during last month's town hall.
Register here to join the next town hall:
Hello,
#NEAR
world!
The NEAR community is still recovering from all of the exciting work on announcements and talks at
#ETHDenver
2023, including the announcement of the Blockchain Operating System. So there are only a few upcoming Near events:
🌎
Join the biggest
#NEAR
event of the year at
#NEARCON
in Lisbon, Portugal from Sept 11-14.
Immerse yourself in talks and workshops with 2,000+ attendees from the NEAR and Web3 community & 200+ hackers IRL.
Limited EARLY BIRD TICKETS available for $300 ⬇️
Update on NDC Funding & Grassroots Support:
The
#NEAR
Foundation is excited to launch support for Grassroots Projects.
Read more about this and get an update on the funding of the
#NEAR
Digital Collective here:
.
@NEARFoundation
is excited to announce that its Smart Contract Audit Program is live.
The program comes with a new auditor ingest form and an audit request form, to make choosing the most experienced and skilled auditors seamless.
Read more ⬇️
.
@NEARFoundation
CEO,
@MariekeFlament
, joined
@manasearchuk
to talk about her journey as a successful female leader working in fintech.
Marieke talks about her reason for joining
#NEAR
, rise of blockchain, emergence of DAOs and much more.
Watch now 👇
The Holidays and New Year are extremely
#NEAR
🎇 -- but there’s still plenty of happenings as we close out 2022 with a bang!
From the latest Transparency Report to a major NEAR gaming project featured on
@CoinDesk
. Here’s everything you need to know heading into 2023!
Next week, the NEAR Foundation's very own
@lei_lei0904
, Head of Growth and Infrastructure, will be speaking with our partners at
@esg_dao
at Davos on Tue 1/17, 2pm EST.
If you're attending, do be sure to drop by!
For our friends, partners, and supporters who will be at the Annual Meeting 2023 of the
@wef
in Davos next week, we're pleased to invite you to our panel session, where we'll be looking at the future of ESG and sharing some special announcements 😉
@mariekeflament
was interviewed by
@CoinTelegraph
at the
#PBWS2022
. In the talk, she highlights why regulation is one of the key hurdles for institutional investors to enter and participate in the crypto space.
Read more of her insights:
The
#NEAR
Foundation is heading to
@EthereumDenver
next week 🎉
Take a look at some of the incredible NEAR events going on in and around the conference.
👇
Only
#Web3
, with the decentralization it allows, can counterbalance the power of artificial intelligence.
Read more on this subject in this piece by
@mariekeflament
for
@TheBigWhale_
The DAO structure being community-owned from the get-go reimagines how communities can work together towards a common good. 👬
Catch up on last month’s town hall with
@OrangeDAOxyz
,
@SailGP
, and more:
At the
#NEAR
Foundation, transparency is at our core.
Check out the Foundation's Q2 '23 Transparency Report below for all the details on treasury, strategy, OKRs, and more!
Chris Donovan, General Counsel at the
#NEAR
Foundation, has penned a piece on regulation and legislation in the world of
#Web3
.
Find out more about where the Foundation stands and read the full piece here:
Following on from the previous announcement of the
#NEAR
Foundation's Grassroot Support Initiative, we bring you the latest updates regarding support for NEAR native, grassroots, projects:
.
@NEARFoundation
is committed to working with established partners in the blockchain space to improve security for all.
Today, we announce a partnership with
@CopperHQ
to provide secure custody for the NEAR community.
Read more ⬇️
Congrats to NEAR's Partner -
@Finoa_io
, a Qualified Custodian and BAFIN regulated as of this week.
Finoa founders Henrik Gebbing and Chris May are OG builders on
#NEAR
, Finoa supports NEP141 token standard, and lock-up contracts.
Catch
@mariekeflament
at this year’s Paris Blockchain Week Summit (
@pbwsummit
)!
Marieke will be part of the “Access, movement, and the economies of the near future” Discovery Stage today at 3:00 PM CET.
#PBWS2022
Alameda backed the Foundation in Dec. 2021 and has yet to receive any
#NEAR
.
The allocation is restricted by a 3 year vest with a one-year cliff. 2.7m NEAR is due for release next month at cliff expiry.
NEAR Community members explain what a DAO is beyond its technical meaning, discuss how this new form of governance opens up greater opportunities and why you should build your DAO on NEAR.🛠
Watch here:
Curious to know what events the NEAR Foundation will be attending in the coming days? Please find a list of the events you can find the Foundation👇
If you're there, come and say hello!
FTX backed the NEAR Foundation in March 2022. Their NEAR unlocks linearly over four years.
To date, they have received 1.45m unlocked NEAR.
The balance of their
#NEAR
is locked pursuant to their vesting conditions.
Let's welcome Arpit Sharma to the Foundation as the Managing Director for India, Asia, and Middle East expansion.
Sharma’s appointment marks a major milestone in expanding Near's presence in some of the fastest growing Web3 hotspots in the world.
Curious to know what events the NEAR Foundation will be attending in the coming days? Please find a list of all the events you can find the Foundation.
If you're there, come and say hello!👋
Spill is there for you
In all of the chaos, you can always find respite.
We’ve opened up access to Spill, a mental health application, to the entire
#NEAR
Community.
Free of charge. Completely confidential.
NEAR Foundation is excited to announce the launch of Kenya Regional Hub in partnership with Sankore! 🇰🇪
This is in line with NEAR's mission to bring Web3 to the masses and explore potential talent and avenues for blockchain solutions in Africa.
NEAR Foundation’s legal counsel Alex Bardin joined the CCI European delegation to meet with industry regulators, EU- and national government representatives this week in Brussels and Paris to discuss the future of the DeFi regulatory landscape.
1/ It’s Friday in another week in crypto. For your global policy update, we start in Europe where CCI members met with ministers and government leaders in Brussels and Paris on the next stage of regulation and technical standards. The delegation saw how fast the region is moving.
The
#NEAR
Community is excited to be part of
#Devconnect
in Amsterdam.
Join us at Chicago Boom and help build a collaborative
#multichain
Web3 ecosystem.
Sign up here: 🎟
Not in Amsterdam? Join us in the NEARVERSE on YouTube 📽️
That's a wrap for this week's AMA!
Thank you to all who tuned in🎉
In anticipation of our next AMA, we want to know what YOU want to see.
Select the topic you'd like to have the next AMA centered around below 👇
When the NEAR Community speaks, we listen👂
As the NDC fully ramps up, financial support is vital & each project has a unique set of needs.
So to ensure all can be heard, you can now book time w/ the Ecosystem Relations Team up to Sept 4th 🗓️
Info ⬇️
Appreciate all who attended, the great questions that were asked, & concerns that were raised. This spaces unfortunately didn’t get recorded, but there is an overview that will be posted on the forum. The aim is to hold these on a regular cadence, which will make sure to record.