Organization Name – Skyward Finance

Category – Services, Banking & DeFi

About

Launched on April 16, 2021, Skyward Finance is a decentralized platform within the NEAR Protocol ecosystem, offering innovative fundraising solutions for blockchain projects. By leveraging decentraliz…ed finance (DeFi) principles, the platform enables developers to raise capital through a transparent auction model while promoting community engagement through DAO governance. Skyward Finance’s unique auction model provides a decentralized mechanism for token distribution, ensuring fair pricing and reducing manipulation risks. This approach allows developers to raise capital efficiently without relying on centralized exchanges, creating a more equitable ecosystem for project funding. The platform’s integration of DAO governance, introduced in 2024, empowers token holders to participate in decision-making processes, ensuring distributed control over platform upgrades and fund allocation. Built on NEAR Protocol, Skyward Finance benefits from low transaction fees and high scalability, making it accessible to developers and investors alike. The platform has achieved key milestones since its launch, including the successful implementation of its auction model in 2021, ecosystem expansions in 2023, and the introduction of governance features in 2024. While Skyward Finance offers a compelling alternative to traditional fundraising methods, users and investors should carefully evaluate the long-term viability of its auction model and the risks associated with token-based investments. Positioned as a critical player in the NEAR ecosystem, Skyward Finance aims to redefine blockchain project fundraising with transparency, decentralized governance, and community engagement. Read More