Near is a Proof-of-Stake blockchain, a decentralized development platform designed to provide an ideal environment for Daps, overcoming some of the limitations of competing systems (for example, low bandwidth, low speed and poor cross-compatibility). In addition, according to the creators, the application on Near can be launched in 5 minutes.

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Productizing interoperability helps eliminate tribalism and fosters collaboration among founders and projects from diverse ecosystems. 

Founders and projects across the board can thrive together and harness the power of NEAR's innovative modular stack.