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Marieke Flament, the CEO of Near Foundation, which is the creator of the namesake community layer-one protocol, has stepped down from her position.
As per the announcement made on September 21, Chris Donovan, who serves as Near Foundation’s general counsel, will take over as the new CEO following Flament’s resignation. Flament did not provide a specific reason for her exit. Reflecting on her time in the role, Flament stated:
"Two years ago, I had never heard of NEAR. Upon doing a bit of research and after several conversations it became clear that NEAR had a tremendous potential – fantastic tech, a diverse and vibrant community and a world of open possibilities, and so I joined."
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From 2021 to 2023, Flament asserts that the daily active user count of Near Protocol increased from 50,000 to 3 million. The number of Twitter followers also rose from 200,000 to over 2 million, with more than 2,000 pieces of press coverage noted. Partnerships established by Near during this timeframe include SWEAT, Playember, Circle, Ledger, Alibaba, Amazon, Google, KPMG, Cosmose AI, SailGP, The Littles, PipeFlare, Shemaroo, Kakao Games, Inven / Vortex, and Netmarble / Marblex in Korea.
Additionally, Flament revealed that the current treasury balance of the Near Foundation stands at 330 million NEAR, valued at approximately $350 million. Summarizing her leadership approach, Flament wrote:
"My strategy has been one of driving mainstream adoption, enabling and empowering grassroots communities and continuing our journey to decentralization. Bringing onboard large web2 players, while nurturing web3 innovators has also been key to our growth."
Near is presently the 40th largest cryptocurrency by market capitalization, with its tokens valued at an estimated $1.04 billion. In June, the Czech automotive conglomerate Škoda Auto introduced a non-fungible tokens platform on the Near Protocol.
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