Initially thought it was just because of appearing on Kaito.
Looking at the situation now, $Near should have been picked up by someone for distribution in the Chinese region.
Damn, there isn't even a whisper of news, it makes me not want to use this .near domain anymore.
This article aims to review my understanding of NEAR (invested a bit at $0.3 / longed with coin-based at $0.6 to take profit at $18!).

The topic provided by the agency is probably: concentrating on promoting the reduction of Near's inflation from 5% to 2.5%.
I'm a bit confused as to why this point was chosen, my initial impression should be @ag_dwf saying that if inflation is lowered, he would buy another 10 million $Near.

One of the founders of DWF claims that if the inflation rate is lowered, he will buy another 10M Near.


I really question whether retail investors will buy in at this point.. initially, $ATOM dropped from 14% to 10%, which was useless.


Let's review the previous peak of Near:
Near's EVM - Aurora sparked a small wave (I think this was a definite mistake, the right path is to cultivate native applications without hesitation).
In January 2022, the bull market ended with a $150 million investment led by the ultimate eyebrow pencil Three Arrows Capital.
Thus, this high-performance public chain that missed competing with Solana due to a slow coin launch (from @Mable_Jiang's podcast) can no longer reach its ATH of $20.
By the way, delaying the launch by a year is also considered the worst decision by Illia himself.


The founder @ilblackdragon is the fundamental reason for Near AI's underlying color.
The key to opening the era of large models, the 'T' in GPT, one of the cornerstones of modern AI, the Transformer architecture was proposed in a groundbreaking paper (Attention is All You Need) in 2017 (the same year Illia created Near).
Illia is one of the eight authors, yet on Illia's profile, it merely says Prev. AI researcher 🤦‍♂️.

GTC conference Huang Renxun and the seven authors of (Attention Is All You Need)



In the CT ads you see, Near has done almost every area of AI:
Sahara AI data labeling - @NEARCrowd in 2021 @near_tasks in 2023
Irys/Shelby AI data storage - @inscriptionneat
All of the above are either dead or barely alive.
Other areas: NFT/Meme/Intention/Chain abstraction/DA/Inscription/Re-staking etc., learn more: https://dev.near.org/applications

Yes.
Near has been doing everything for the past three years, but nothing has really caught fire. I wonder how much of that $150 million has been burned.
But you would be willing to click in http://near.ai.
What Near is doing is definitely more practical than most projects in the market.

I can still remember October 2020's Shanghai Blockchain Week, where everyone enthusiastically discussed Near's Night Shadow Protocol in front of the three-story floor-to-ceiling windows of the Beiwaitan Jian Investment Bookstore, fantasizing about the future of sharding expansion.

The road ahead is truly as tough as iron, but now we take a step forward from the beginning.