1. What is neer?

NEAR Protocol is a cryptocurrency based on blockchain technology, using a decentralized peer-to-peer payment mechanism. Here are some basic details about NEAR Protocol:

1. Technical Foundation: NEAR Protocol uses blockchain technology to provide a decentralized distributed ledger database that can record transaction information in real-time, transparently, and without omissions.

2. Consensus Mechanism: NEAR Protocol employs a Proof of Stake (PoS) consensus algorithm, meaning the network's security and validation are achieved by holders staking their cryptocurrencies.

3. Application Scenarios: NEAR Protocol aims to provide a high-performance, scalable blockchain platform to support the development and deployment of various decentralized applications (dApps).

4. Security: NEAR Protocol ensures the security and immutability of transactions through its decentralized design and cryptographic algorithms.

5. Community and Ecosystem: NEAR Protocol has an active community and ecosystem comprising developers, users, and investors who collectively drive the project's development and application.

Detailed information about NEAR Protocol can be found on its official website and related technical documentation.

2. Who founded neer?

Based on the information provided, it's not possible to directly determine the founder of the cryptocurrency NEER (MNet Pioneer). The related information mainly describes the features and functions of NEER but does not specifically mention its founder. To learn about NEER's founder, it may be necessary to visit its official website or white paper for more information.

3. Which venture capitalists invested in neer?

According to the information provided, the following venture capital institutions invested in cryptocurrency-related projects but did not directly mention investments in the cryptocurrency “NEER” (which may refer to NEAR Protocol):

1. a16z: Invested in NEAR Protocol, leading a funding round of $21.6 million.
2. Other institutions investing in NEAR Protocol: Include Pantera Capital, Electric, Libertus, Blockchange, Animal Ventures, among others.

If you are referring to NEAR Protocol rather than "NEER," then the above information should be relevant. NEER may be a shorthand for NEAR Protocol or a typographical error.

4. How does neer work?

NEER cryptocurrency is a distinct concept from NEAR protocol. The NEER cryptocurrency mentioned in your query actually refers to MNet Pioneer (NEER), while the NEAR protocol represents another cryptocurrency and blockchain platform. Below is a brief introduction to both:

NEAR Protocol

1. NEAR Protocol is a blockchain that supports the operation of decentralized applications (dApps), employing smart contracts and facilitating cross-chain interoperability.
2. Sharding Technology: NEAR Protocol utilizes sharding technology, dividing the blockchain into smaller, manageable shards, each responsible for processing its own set of transactions, thus significantly increasing the overall capacity of the network.
3. Nightshade Consensus Mechanism: NEAR employs a PoS (Proof of Stake) consensus known as Nightshade, enabling the distributed network to maintain a high level of security and decentralization while processing network transactions more quickly and efficiently.
4. NEAR Token: NEAR is the native token of the NEAR Protocol, used for paying transaction fees and data storage costs. NEAR token holders can also stake their tokens using the NEAR wallet to earn rewards or vote on governance proposals with their tokens.

MNet Pioneer (NEER)

1. MNet Pioneer (NEER) is a cryptocurrency based on blockchain technology, characterised by decentralization, transparency, and high security.
2. Cross-Chain Capability: NEER possesses cross-chain capabilities, allowing it to interoperate with other blockchains for greater connectivity and flexibility.
3. Application Scenarios: NEER supports the construction and application development of the metaverse, providing a programmable smart contract and decentralized application development platform.

In summary, NEER cryptocurrency and NEAR protocol are two distinct concepts, each with its unique features and application scenarios.