NEAT Price(NEAT)

NEAT is a crypto and Web3 project, identified by the token 'NEAT', which operates as the first inscription project built on the NEAR Protocol. It is recognized for its one-key mint function, decentralized operation, minimal transaction fees, and an accessible user interface. The project launched with a total supply of 42 million NEAT tokens. During its minting phase, NEAT achieved a notable milestone by minting out completely within five days. This event led to a significant increase in NEAR's gas fees, reaching 7.36 times their prior highest historical value, and attracted over 25,000 on-chain users, resulting in the burning of more than 200,000 NEAR tokens. NEAT functions as a pioneering rollup scaling protocol specifically designed to enhance the capabilities of Artificial Intelligence (AI) applications on the NEAR blockchain. It supports a staking feature for NEP-141 token holders, allowing them to contribute to the security of the decentralized indexer network and potentially earn rewards. The project also includes a universal Wrap and Unwrap functionality, which enables the conversion between NRC-20 and NEP-141 tokens. The applications for NEAT are diverse, extending to payments for services and assets, integration within decentralized finance (DeFi), and AI governance. Its versatility also spans industries such as money transfer, smart contracts, healthcare, media, gaming, and music. The NEAR Foundation has also delegated 1 million NEAR tokens to NEAT, aimed at accelerating the growth of AI applications and supporting the project's ecosystem. The founders of NEAT in the context of cryptocurrency are Illia Polosukhin and Alexander Skidanov. Illia Polosukhin has a background in artificial intelligence, while Alexander Skidanov is a former Microsoft engineer; together, they co-founded the NEAR Protocol. NEAT aims to build a customizable decentralized indexer network, which allows projects to store data on the NEAR blockchain, deploy custom indexing logic, and achieve verifiable execution through zero-knowledge proofs. Learn more

Looking to buy How to buy NEAT? The process is simple and hassle-free! You can easily purchase NEAT on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

--

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.