What is near? future analysis of near?

 What is the NEAR token?

*Like the other majority of blockchain, Near has its own native utility token-aptly named 'NEAR'. It's the token used for incentivizing nodes on the NEAR network. This is used for powering transaction and the numerous NEAR smart contracts.

*As a community- governed platform, holders of NEAR token can do participate in the on-chain governance of the NEAR platform, validator can vote on their behalf.

Where and how to buy NEAR?

*So you can earn these by participating in development bounties, staking, and operating a NEAR community, the simplest way to get some is by buying it from exchanges like- Binance, Huobi Global, or OKEx.

Founder of NEAR protocol

*NEAR protocol was founded by Erik Trautman, he is an entrepreneur with experience on wall Street and founder of Viking Education. His co-founders were Illia Polosukhin, who has more than ten years of industry experience, and three years of Google, and Alexander Skidanov, a computer scientist that worked at Microsoft and went on to join memSQL, where he became the director of engineering. 

*NEAR protocol has an extensive team of experienced developers that includes several International Collegiate Programming contest (ICPC)  gold medalist and winners. The team claims to have people with experience of building some of the only real-world sharded systems at scale, a solution the protocol is pursuing to improve blockchain scalability.

How Many NEAR Protocol coins are there in circulation

*The total supply of NEAR tokens is 1 billion tokens. Distribution of following token are like:

1.  17.2%- Community Grants

2.  11.4%- Operation Grants

3. 10%- Foundation Endowment

4. 11.7%- Early Ecosytem

5. 14%-Core Contribution

6. 17.6%- Backers

7. 6.1%-Small Backers 

8. 12%-Community Sale

Near Protocol launched its Mainnet on April 2022 with 1 billion NEAR tokens created at generis 5% of additional supply is issued each year to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts that interact with a transaction, while the remaining 70% are burned. The NEAR token is used for :

• Fees for processing transaction and storing data.
• Running validator nodes on the network via staking NEAR tokens.
• Used for governance to determine how network resources are allocated.

Future analysis of NEAR

*Now NEAR support at 4.48-4.53, if we don't hold this support area next support at 1.50-1.55.

*Now NEAR resistance at 7.30-7.35 if we break here and hold this resistance area next resistance at 9.85-9.90, if we break here and hold this area next strong resistance at 11.90-12 next resistance at 13.24-13.34  next resistance at 17.70-17.80.

*Now NEAR is good for long-term. It has great potential for good return in long-term next 3 years near can gave up to  8-10x return here. Always try to invest for long-term u have make good profit.

*Always try don't invest complete amount in single coin diversify your portfolio. Don't enter in market with loan money because market is high volatile try your vision for long-term almost 3+4 year in short is not possible to make profit but long-term you make  profit definitely.

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