March 24th, 2025 - Tané, operating in New York, Dubai, and Tokyo, is pleased to announce its official selection as an Endorsed Delegate within the NEAR ecosystem governance (official announcement).
About NEAR
NEAR is a blockchain designed to support advanced Web3 and AI applications, with a market capitalization exceeding $3.47 billion (as of March 24).
NEAR emphasizes the integration of blockchain with artificial intelligence, with the concept of "User-Owned AI." This approach encourages the development of innovative applications combining blockchain technology and AI.
Illia Polosukhin, NEAR’s co-founder, is widely recognized as one of the authors of the influential AI research paper "Attention is All You Need", foundational to the development of the Transformer AI model. Illia and his team remain committed to making NEAR a cutting-edge infrastructure platform for AI research and applications, investing actively through infrastructure development and R&D initiatives.
About Endorsed Delegates
The NEAR ecosystem recently implemented a new governance structure called House of Stake. In this structure, selected Endorsed Delegates represent community voting power to streamline and improve governance efficiency.
Endorsed Delegates consist of recognized members chosen for their expertise, proven contributions, and commitment to the ecosystem. They exercise delegated voting rights on behalf of community members, allowing these members to participate in governance decisions confidently without the need to review each proposal individually.
Tané was selected as an Endorsed Delegate based on extensive governance experience with globally recognized DAOs such as Optimism, Arbitrum, Lido, and Uniswap. Moving forward, Tané is dedicated to promoting transparency, objectivity, and sustainable growth within the NEAR ecosystem.
About Tané
Tané is a global incubator and infrastructure company specializing in Blockchain/Crypto. We invest in and support innovative projects, and contribute to the ecosystem through its investment arm, validator node operations for blockchains, and global DAO governance support.
DAO governance is a critical mechanism for decentralizing decision-making and empowering individuals. Tané with its members' extensive experience as serial entrepreneurs and product managers, is committed to contributing as delegates to the governance of Optimism and other globally growing DAOs such as Arbitrum, Lido, and Uniswap.
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