The Near Board is Ready! It’s Time to Become an NFT Holder on the Near Network
The street gossip has it that NFTs can be amazing, but not just yet. This is a myth. 1Millers have a different story.👇
The 1MillionNFT Near board is an artistic and investment project that shares the strong beliefs of a true crypto and decentralized community. On the 10,000 by 10,000-pixel grid, users can acquire any part of the zone and customize it to fit their artistic tint with different colors. You can also add pictures or rent the space to other users. In other words, you get an NFT that finally does what you want — you define the use cases or store it as it appreciates.
Today we are going to share with you the reasons why we are part of the Near community. The NEAR protocol is one of the fastest-growing blockchain networks with over 20 million unique users, a ten-fold growth within the last year alone.
Why the NEAR Protocol?
Here are the benefits of building and belonging to the NEAR protocol.
Low Transaction Fees
Transaction (gas) fees on Near protocol are up to 10x lower than the costs of traditional solutions, such as Ethereum. Moreover, the network automatically lowers the transaction cost to the recommended minimum gas fee in case it goes up significantly. This means you conduct as many transactions as possible on the board without worrying about unreasonably high costs.
Near Protocol is a scalable Layer-1 (L1) blockchain solution that can process up to 40,000 transactions per second (TPS). This is made possible through sharding technology, which splits the blockchain into smaller blocks for parallel transactions.
Another factor that improves speed on Near is the network’s Doomslug proof-of-stake (PoS) mechanism that achieves a consensus finality in one communication round. This is lightning-fast, as opposed to traditional solutions like Ethereum, which require up to 35 rounds of communication to achieve a consensus finality.
The blockchain solution has a user-friendly interface that allows users to understand all activities around their NFTs, even with zero blockchain proficiency. For instance, you can leverage the Near Protocol explorer to visualize incoming and outgoing transactions from your Web3 wallet. As a 100% no-code tool, this feature allows you to check on-chain events without necessarily going through the command line.
For the uninitiated, this tool displays the following:
- Address details;
- Transaction status;
- Gas price;
- Web3 address token balance;
- Staking details, if any
A Growing Vibrant Community
Since its launch in April 2022, Near has been home to vibrant, diverse, and creative communities from all walks of crypto background. Moreover, the fact that Near is interoperable with other blockchains makes the ecosystem ideal for furthering the primary 1Mil NFT goal — connecting thousands of users and projects from diverse backgrounds for shared prosperity, innovations, and memorable discoveries.
Come and Join Us Today
NFTs are a gateway to positive synergies and creative experiments, especially if you belong to a purpose-driven community. The 1MIL board bridges the gap between Web 2.0 and Web3 with a fun-filled NFT experience embodied in a broader crypto community. Join us today and find out what your space on the board looks like. The closer your pixel is to the center, the higher its value.
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