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Near Protocol raises $150M to promote Web3 adoption -Breaking

Near Protocol, a proof-of-stake Blockchain has received $150 million in Seed Investments to Accelerate the Adoption of Web3 Technologies. Team AnnouncementThis fund could be used to create regional hubs or raise awareness of blockchain and other decentralized technologies.

Near Protocol plans to make use of the new funds to encourage Web3 adoption. According to the announcement, the funding will be used to “help billions of people learn and use blockchain.” With this, projects building on the Near blockchain will have the opportunity to connect with new audiences.