NEAR Foundation Launches Infrastructure Committee With $4 Million Budget

According to Foresight News, the NEAR Foundation has launched an Infrastructure Committee with a budget of $4 million. The committee has already funded five key infrastructure proposals. These include the implementation of Jutsu IDE infrastructure, which is an AI development environment, and FASTNEAR infrastructure services, which involve new RPC nodes and custom endpoints. The committee has also supported the Aurora Web 3.0 wallet support services, the establishment of a financial application for the management committee's use, and an audit of Ledger integration. The NEAR Foundation's initiative aims to bolster the development and implementation of these key infrastructures, thereby enhancing the overall functionality and efficiency of the system.