What is Neat

Article Summary, Automatically Generated By AI

Summary of NEAT

  • First inscription project on NEAR Protocol
  • Notable features: one-key mint function, decentralized, low transaction fees, user-friendly interface
  • Total supply: 42 million NEAT
  • Minting process: NEAR’s gas fees reached 7.36 times their highest historical value
  • Minted out in 5 days
  • Attracted over 25,000 on-chain users
  • Resulted in the burning of over 200,000 NEAR

About NEAT

NEAT is a decentralized, open-source, and community-driven protocol that empowers users to create, manage, and interact with decentralized applications (dApps) in a seamless and intuitive manner.

NEAT is the pioneering inscription project built on the NEAR Protocol, distinguished by its innovative one-key mint function, decentralized architecture, minimal transaction fees, and intuitive user interface. The project boasts a total supply of 42 million NEAT tokens. During the minting process, NEAR’s gas fees surged to an unprecedented level, reaching a staggering 7.36 times their highest historical value. Notably, NEAT achieved a remarkable feat by selling out in a mere five days, attracting over 25,000 on-chain users and resulting in the burning of over 200,000 NEAR tokens.

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