NEAR, NEAR Protocol

What is CoinList Online? CoinList is a compliant token financing platform jointly established by Protocol Labs and AngelList. It uses the Simple Future Token Agreement SAFT to build a financing channel that complies with U.S. securities regulations. This section includes blockchain projects that have been funded on CoinList and projects that are about to start financing. SAFT stands for Simple Agreement for Future Tokens (Simple Agreement for Future Tokens). It is a security issued by blockchain developers to develop blockchain network financing. It is similar to futures and gives investors the right to obtain corresponding tokens after the development of the blockchain network is completed. Compared with STO, the most important difference is the time of token issuance. The STO project team will issue the corresponding tokens after the fundraising is completed, while SAFT will issue the tokens after the network development is completed.

What is cross-chain & side-chain? Cross-chain is a protocol that solves the mutual transmission, transfer and exchange of assets and functional status on two or more different chains. Cross-chain technology can increase the scalability of the blockchain and can fundamentally solve the problem of "data islands" caused by transaction difficulties between different public chains/side chains. The side chain is another blockchain outside the main chain. It anchors a node in the main chain and uses the computing power on the main chain to maintain the authenticity of the side chain and realize the transfer of values ​​on the public blockchain and other account books between multiple blockchains. The most representative implementation is Blockstream. The main chain in this blockchain architecture where the main chain and side chain collaborate is sometimes also called the parent chain.

What is a16z investment? Andreessen Horowitz (a16z for short) is one of the most well-known VCs in Silicon Valley. Since 2009, the company has invested in Internet giants such as Facebook, Twitter, Airbnb, Lyft, Pinterest and Slack and successfully exited publicly. A dedicated blockchain investment fund was established in 2018 and has now become a well-known investment institution in the field of blockchain technology and cryptocurrency. The company was previously one of the 17 governing units of the Libra stablecoin. A16Z focuses on five aspects of the encryption field: next-generation payments, modern value storage, DeFi, new business models, and Web3.

What is a public chain? A public blockchain refers to a blockchain that can be read by anyone in the world, anyone can send transactions and the transactions can be effectively confirmed, and anyone can participate in the consensus verification process. The consensus process determines which block can be added to the blockchain and clarifies the current status.

What is Coinbase Investing? Refers to projects that have been invested by Coinbase. Coinbase: Founded in 2012, it is the world's most visited mainstream digital currency trading and blockchain comprehensive service platform, which can buy, sell, transfer and store digital currencies online. At the same time, Coinbase was also the first FinTech application to rank first in the App Store, once surpassing Twitter and Uber in terms of downloads. At the same time, it helps the U.S. government train blockchain expertise and helps and promotes the U.S. government’s industry supervision.