1. Introduction

1.1. What Is a Crypto Whale?

A crypto whale is a wallet address that holds a significant amount of cryptocurrency. The community and investors watch crypto whales because they can significantly influence price movements. Whales can also create price volatility increases. Some of the publicly-known crypto holders with large amounts of cryptocurrency are Sam Bankman-Fried, Micheal Saylor, and Brian Armstrong.

1.2. What Is NEAR Protocol (NEAR)?

NEAR Protocol (NEAR) is a blockchain-based decentralized application platform to power the future open web and serves as a collective, a foundation, and a development platform. Users can create new coins, applications, and industries on this web without the need for a central authority to oversee the process. The platform executes apps that share a secure pool of resources; these applications use data and identities entirely controlled by users. Conventionally, centralized cloud servers run by tech giants host most applications. As a result, data becomes vulnerable to censorship, hacking, and manipulation. On the other hand, if the cloud that hosts these applications is managed by a global community that is open to everyone, the process becomes transparent. So, users can keep high-value assets such as money, identities, and digital assets on these platforms and use them safely without the need for an intermediary or platform interference.

References: investopedia Coinbase

Image Source: https://artprojectsforkids.org

Dashboard	Creator	Published	Activity
NEAR - 13. Insight of the Week (Investingating Github Activites) Feb 20, 2023	Khashayar	Feb 20, 2023	0
NEAR - 12. The Whales of NEAR Feb 14, 2023	Khashayar	Feb 14, 2023	0

Khashayar