Marieke Flament, CEO of the Near Foundation, is stepping down from her role, with no specified reason for her departure. Under her leadership, Near Foundation’s treasury balance has grown to an estimated $350 million. Her tenure saw the onboarding of many web2 players, and fostering of web3 innovators, enabling Near to become the 40th largest crypto by market cap. Her departure leaves questions about the future direction of Near.
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NEAR Protocol and Shemaroo Entertainment: Web3’s Impact on Indian Media Market
NEAR Protocol partners with Shemaroo Entertainment to promote Web3 adoption in the Indian media and entertainment market, focusing on building decentralized applications and exploring non-fungible token opportunities. Challenges such as public understanding, regulatory frameworks, and adoption obstacles are also considered.
Gaming Revolution via Blockchain: Proof of Play’s $33M Gamble: Rewarding or Risky?
“Farmville co-creator, Amitt Mahajan, backed by Proof of Play, has secured $33M to develop Web3 games, aiming to revolutionize the gaming sector with blockchain technology. The venture aims to facilitate smooth gameplay and promote decentralization but faces potential complexities and risks of emerging technology.”