TechFlow News — The NEAR Foundation has announced a cooperative agreement with Seoul's Dongdaemun District government to support the development of the Web3 industry. Under the agreement, both parties will actively promote collaborative growth by streamlining administrative procedures, offering tax incentives, establishing talent development programs, and opening regular communication channels to boost regional economic development and attract Web3 businesses.
NEAR Protocol stated that teams入驻 in its ecosystem will receive comprehensive support, including one-stop administrative services, partial local tax (city tax) exemptions for a designated period, and access to spaces required for project operations and development. This support is expected to assist enterprises seeking to enter the Web3 space.
NEAR Protocol is a global Layer 1 blockchain emphasizing usability. Through its blockchain operating system BOSS and FastAuth, it achieves compatibility across multiple blockchain layers, delivering a Web2-like user experience that lowers the initial barrier to entry for Web3. Designed around user-centric principles, NEAR aims to make Web3 more accessible and user-friendly for both businesses and individuals.
