Why buy NEAR?
1) The native currency of the Near Protocol is NEAR and it represents the core medium of exchange and unit of account for native transactions.
2) Additionally, the token is used to provide security by enabling staking and is also used for network fees for the ecosystem.
About NEAR Protocol
1) The Near platform is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism.
2) The platform aims to feature a sharded architecture to scale transaction throughput and make them more efficient.
3) Near uses a block generation scheme called Doomslug. Moreover, it uses a sharding design that is called Nightshade.
4) The technologies are meant to work together and scale the network and minimize congestion.