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Bernouilli I Locke To Launch A Fan-Owned Team On The NEAR Protocol

Twitter icon  •  Published 3 years ago on November 11, 2022  •  Hassan Maishera

The Near Protocol announced via Twitter on Thursday that Bernoulli I Locke’s member-based community is using NEAR’s Web3 technology to launch a fan-owned racing team in the SailGP international sailboat racing competition.

Bernouilli I Locke To Launch A Fan-Owned Team On The NEAR Protocol

The Near Protocol announced via Twitter on Thursday that Bernoulli I Locke’s member-based community is using NEAR’s Web3 technology to launch a fan-owned racing team in the SailGP international sailboat racing competition.

The team added that Bernouilli I Locke would use a DAO structure built on the NEAR Protocol. Launching Bermuda and across the Caribbean, this new, DAO-powered team will create new opportunities for fan engagement and sports ownership alike.

NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.NEAR is trading at $2.21, up by more than 1% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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