The NEAR Protocol platform has created an ecosystem fund
$800 million will be allocated to support developers
26.10.2021 - 07:50
609
1 min
0
What's new? The official Twitter account of the NEAR Protocol platform has published news about the creation of a new $800 million fund. The money will be used to develop the protocol ecosystem.
📣 Early #NEARCON Announcement! 💥Learn more about @NEARProtocol's $800M Global Ecosystem Fund. 🔽https://t.co/00UaiA3jC1— NEAR Protocol (@NEARProtocol) October 25, 2021
What will the money be used for? The sum of $800 million will be divided into several directions. The bulk of $350 million will be spent on decentralized finance projects. Another $250 million will be given to developers as grants. The team will finance a number of promising startups for $100 million. The last $100 million will be allocated for the development of NEAR Protocol regional offices.
The platform’s developers have also announced a further increase in the number of blockchain validators to 100. Additional funding will be provided for this.
Useful material?
Telegram 
Twitter Incidents
In a single week, hackers went after PHP websites, the Railway cloud platform and a medical company, and experts started talking about a crisis that is only just beginning.
Oct 28, 2026
Incidents
In 104 minutes, the attacker emptied 1,404 addresses before validators halted the network and froze almost all of the loot.
Oct 19, 2026
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Cryptocurrency rates
-
Bitcoin
$78 355
BTC
+0.75%
-
Ethereum
$2 291.6
ETH
+1.05%
-
BNB Smart Chain
$710.17
BSC
+0.7%
-
Ripple
$1.42
XRP
+1.04%
-
TRON
$0.314231
TRX
+1.06%
-
Zcash
$1 274.16
ZEC
+2.12%
-
Dogecoin
$0.075948
DOGE
+0.15%
-
Cardano
$0.218269
ADA
+2.11%
-
Stellar XLM
$0.184461
XLM
+2.83%
-
Bitcoin Cash
$282.82
BCH
-0.68%