 | The APIS (API)ICO The APIS is an indexing protocol for reading and writing to open networks. Making APIs open and accessible to power a decentralized world. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is The APIS
The APIS Protocol is a decentralized read and write platform designed to allow decentralized applications to function at a global scale. The network is layer-one and layer-two agnostic, allowing mainstream developers to manage complex interactions between their applications and Ethereum, Solana, Binance Smart Chain, Optimistic and ZK-Rollups, Filecoin, Helium, and future protocols should they garner significant adoption.
The API Token is the native token of The APIS protocol, deriving its utility from:
- Staking by APIS Nodes and APIS Gateways: Nodes and gateway operators are required to stake a number of API tokens in order to establish their network presence. This will be subject to slashing, should the actor be proven to act maliciously
- Dispute resolution: This mechanism allows API holders to determine whether Nodes or Gateways acted maliciously (similar to Augur’s dispute resolution mechanism)
- Staking by Optimistic or Zk-Rollup validators: We anticipate this feature will be in place within a year, and
- Governance: Numerous ways to decide on new APIS contracts and upgrades through a voting system.
DetailsToken supply: 1,000,000,000 APITotal tokens for sale: 50,000,000 API LegalBlockchain Platform: EthereumCountry limitations: USA Registration year: 2020 Office address: 8153 Elk Grove Blvd #20, Elk Grove, CA 95758, US | Token infoTicker: APIType: Utility-token Token standard: ERC20 Token price in USD: 1 API = 0.7 USD Accepted currencies: USDT, USDC, ETH Token distribution: Team - 21% IDO - 5% Marketing - 7.67% Foundation - 17% Seed Sale - 0.83% Strategic Sale - 2.44% Usage Mining - 46.06% |
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