2 minsPublished on 12/8/2021

NEAR now available globally

MoonPay will now enable the purchase of NEAR with fiat currency globally

By Geoffrey Lyons

Great news: NEAR is now available for purchase via MoonPay!

NEAR is a high-performance blockchain that is designed to be fast, secure, and infinitely scalable. Its vision is to create a network that enables people to re-imagine finance, creativity, and community in new and inclusive ways.

The blockchain is backed by top VCs such as A16Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures, Blockchain.com, and Baidu Ventures.

“By providing a direct on-ramp to NEAR, we’re giving more people exposure to this exciting and dynamic ecosystem,” said Ivan Soto-Wright, co-founder and CEO at MoonPay. “We’ll be watching eagerly as NEAR develops and new projects emerge as the community expands. We can’t wait to see what’s in store for it next.” 

The future is NEAR

NEAR’s mission is to give people control of their data, money, and the tools of governance, which it achieves through Nightshade: a revolutionary Proof of Stake (PoS) blockchain that has limitless scalability through a process known as “sharding”. 

By splitting the chain into “shards”, sharding allows multiple blocks to be verified at once, increasing the speed of NEAR while maintaining security. 

A picture of NEAR’s ecosystem.
NEAR’s extensive ecosystem includes some of the most exciting projects in crypto (Image source)

The protocol is also carbon neutral, roughly 200,000 times more energy efficient than Proof of Work (PoW) alternatives. This gives it a significant advantage over competitors as the demand for environmentally-friendly blockchains intensifies. 

NEAR’s ecosystem includes some of the most exciting projects in crypto, such as Mintbase, a platform that simplifies the process of minting NFTs, Aurora, a bridge for Ethereum that allows Dapps to take advantage of NEAR’s speed, security and low fees, and Ref Finance, one of the fastest growing DeFi platforms in crypto. 

The expanding ecosystem is fostered through a collection of decentralized guilds that assist projects with everything from developer talent and marketing to fundraising. 

MoonPay is available to all global customers, excluding residents of Louisiana, Texas, New York, and Hawaii. 

You can buy NEAR now through MoonPay.

Geoffrey Lyons
Written byGeoffrey Lyons