NEAR Basis, the non-profit group that governs the layer 1 blockchain NEAR Protocol, is establishing a Web3 hub in South Korea to increase its allegiance with blockchain initiatives in Korea and Asia, it introduced Wednesday.
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Quick info
- NEAR Basis’s new Korea hub goals to draw native blockchain initiatives and professionals onto NEAR Protocol, with a particular give attention to Web3 gaming, in keeping with its press launch.
- NEAR’s new enterprise may even maintain occasions to advertise the expansion of its blockchain neighborhood in Korea similar to developer and investor meet-ups, hackathons, and by supporting blockchain and Web3 communities in universities.
- NEAR Protocol, like Ethereum or Solana, is a layer 1 blockchain that gives builders a platform to construct decentralized purposes (dApps).
- The layer 1 blockchain has attracted investments from main enterprise capital companies similar to a16z, FTX Ventures, Coinbase Ventures, and Hashed, and is working a fund value practically US$800 million to speed up ecosystem development.
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