Kanhaiya Sharma | Unsplash
Lately we are witnessing a large number of blockchain projects emerging with the aim of offering new alternatives or solutions to the world. It is clear that each of them has a purpose, but with the latest tools and the most advanced artificial intelligence technology, we are encountering great proposals that will materialize next year, following an established route.
The Near protocol has great potential for the future when viewed from the perspective of possibilities. What stands out the most is its infrastructure, which is designed in such a way that developing decentralized applications is completely straightforward. There is no need to learn new languages, as programmers can start building dApps or smart contracts using familiar languages like JavaScript or Rust.
Additionally, one can find information regarding the documentation, making it very easy to get involved and start understanding how everything works, making it truly user-friendly for new users. Without a doubt, this is something to consider, as it constitutes a great attraction for the ecosystem to expand and for new solutions to be forged to various issues.
Near Protocol has an architecture that is flexible in every way. It features a fast, scalable infrastructure (that can grow in transactions or number of users without significantly affecting its speed), and it is open-source in the web3 landscape.
Also noteworthy is the participation of its community, which joins Coworking at certain events, representing another way to contribute to the scale of this project and to its innovation. And speaking of innovation, what we must mention is the incorporation of AI in web3, specifically through what this project proposes. Now the focus is on empowering the user, with the so-called user-owned AI.
Near is making a significant investment in this area so that new developers with ideas and ambitions can start building on this infrastructure. What I understand from this technology they are implementing is that developers will be able to build AI models and adapt decentralized applications in an AI ecosystem using the available tools they manage. In my opinion, these ideas are entirely achievable, especially considering how the idea of Near.AI started, which saw the potential foundations to include artificial intelligence in the ecosystem.
The important thing now is to set goals in terms of development for the coming year. 2025 will be an incredible year in this regard, as there is a committee (NEAR Infrastructure Committee) planning to finance infrastructure innovation around artificial intelligence and chain abstraction.
We are familiar with the topic of AI, but... What is chain abstraction? What I gathered is that it involves the user not knowing they are interacting on a blockchain, which could simplify the user experience with an easy-to-understand and straightforward interface. This undoubtedly will allow for a much larger user adoption, as it does not appear overwhelming at first glance.
This committee was created in April 2024 and has diversified its resources wisely, such as directing funds towards problem-solving and innovation. I assume that marketing, because it is also an investment, has been something that could be carried out at a lower cost, which is crucial for the health of future investments.
It's all about setting priorities, and the one that stands out the most is to improve decentralized RPC services, which basically involves enhancing speed and chain non-congestion. In order to achieve this, providers like BlockPi and FastNEAR have been incorporated this year. RPC nodes have shown incredible improvements in performance and response times.
Another priority was to support the evolution of the ecosystem. Specifically, this involves the development and innovation of wallets such as NEAR Mobile Wallet, HERE Wallet, and Meteor Wallet. Additionally, funding has been provided for analytical tools known as NEARBlocks, Token Terminal, and Chainspect.
Although many suggestions were received, only 24 out of the 99 suggested to date have been approved. Thus, I consider it very important to carefully consider how projects are funded and how they can impact the future, having made a good choice.
The year 2025 will bring many advancements, and the committee will continue to prioritize funding for the most important developments in this ecosystem, including applications and new tools that incorporate cutting-edge technology, including AI. Also important is the connection with other chains, so NEAR's infrastructure will seek to facilitate interaction with other ecosystems, such as Solana.
NEAR Price | CoinGecko
NEAR Protocol has experienced a substantial price drop, along with many other cryptos in general. However, the potential of this ecosystem is huge, and we could see significant growth next year. Currently, it is trading at $4.98, with a 4.4% drop in the past 24 hours and a 27.4% decrease over the last 30 days.
- Main image edited in Canva.
- Screenshots obtained from: near.org, pages.near.org
- I have consulted information at crypto-news-flash.com.
- Documentation consulted: dev.near.org.
- Translated from Spanish to English with Hive Translator.