Ankr (ANKR)
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About ANKR
Ankr (ANKR) is a decentralized Web3 infrastructure platform that empowers developers, dApps, wallets, exchanges, and other use cases to interact with blockchains in a seamless and secure manner. Founded on the principles of decentralization and accessibility, Ankr provides a suite of products and services that enable the deployment, hosting, and management of blockchain nodes and decentralized applications (dApps). With its robust Node API, Advanced API, and Contract Automation features, Ankr streamlines the process of building, operating, and maintaining decentralized applications, making it an attractive choice for developers and users alike. As a leading Web3 infrastructure company, Ankr's mission is to make Web3 accessible for everyone, and its ANKR token plays a crucial role in this ecosystem, enabling users to pay for Premium Plans, collateral deposits, and rewards for node providers and stakers. With its strong focus on decentralization, security, and accessibility, Ankr is poised to play a significant role in the future of Web3 development and adoption.
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Frequently Asked Questions about Ankr
What is Ankr and its role in the Web3 ecosystem?
Ankr is a leading Web3 infrastructure company that provides a set of products and services for building, earning, gaming, and more on the blockchain. Its mission is to make Web3 accessible for everyone by providing streamlined access to its global network of nodes running on 18 different blockchains, with more potentially coming in the future.
Who are the founders of ANKR?
Co-founders Chandler Song and Ryan Fang (Forbes 30 Under 30 laureates) founded Ankr in 2017 shortly after graduating from the University of California, Berkeley after being early participants in the Blockchain at Berkeley program. Chandler was working as an engineer at Amazon Web Services at the time where he met Stanley Wu, the third co-founder.
What is the utility of the ANKR token on the Ankr Network?
The ANKR token has several utilities on the Ankr Network, including paying for Premium Plans, collateral deposits for node providers, rewarding node providers and stakers, and providing a means of payment for independent node auditors. It also allows users to vote on proposals in the Ankr DAO.
How does using the ANKR token for Ankr Network fees benefit users?
When paying Ankr Network fees with ANKR tokens, users receive an additional discounted rate. Certain Advanced API features may only be accessible to those who use the ANKR token for access.
How does the Ankr DAO impact the price of Ankr Network Premium services?
The Ankr DAO will decide the future price of Ankr Network Premium services based on the price of the ANKR token at the time. This means that the price of Premium services will be influenced by the value of the ANKR token.
Where can I buy and trade Ankr (ANKR)?
ANKR is available for purchase on the Bitcoin.com web platform. You can also buy, sell, and trade Ankr (ANKR) on major cryptocurrency exchanges, such as Binance, HTX, and Kraken, as well as on decentralized exchanges (DEXs) that support the ANKR token.
What is the best ANKR wallet?
To store ANKR tokens securely, use a reputable cryptocurrency wallet that supports the ANKR token, such as a hardware wallet like Ledger or Trezor, or a secure mobile wallet like Bitcoin.com Wallet or MetaMask.
What is the Node API and its features?
The Node API is Ankr's product term for the gateway that empowers projects to interact with blockchains. It supports HTTPS and WSS protocols for RPC and REST types of requests for blockchain communication, and grants access to the largest number of blockchains on the market — 55+ chains with both Mainnets and Testnets available.
What is the Advanced API and its advantages?
The Advanced API is Ankr's product term for the gateway that introduces a superior way to query blockchains and provides access to optimized, indexed, and cached archive blockchain data. Its main advantages include fast interaction with Archive blockchain data, multiple chains in a single request, and fewer requests for more information.
What is Contract Automation and how does it work?
Contract Automation is a feature that allows users to execute contract functions based on various triggers, such as time-based or event-based automation. It relies on robust Ankr infrastructure for automation tasks and provides a single dashboard for easy management.
What is Ankr Verify and its benefits?
Ankr Verify is a feature that allows users to create a Digital ID and safely access Web3 without disclosing personal data thanks to Zero-Knowledge Proofs. It provides a friendly verification experience for users and enables seamless integration of dApps on EVM and non-EVM chains.
What is Staking and how does it work on Ankr?
Staking is a feature that allows users to easily stake 5+ tokens on a secure, decentralized network and earn rewards without needing technical knowledge. Users can connect staking rewards to DeFi to trade/farm for even higher APY.
What is Ankr's Gaming feature and its benefits?
Ankr's Gaming feature allows users to take their game to the next level — Web3. It enables users to launch their Web3 monetization strategy, integrate Web3 wallets easily, and is compatible with Unity and Unreal Engine.
What is the purpose of Ankr's Projects feature?
Ankr's Projects feature enables clear structure and provides multiple-project analytics, tying up blockchain requests to the actual products developed. It provides access to individual usage statistics for each product empowered with blockchain interaction.
What is the purpose of Ankr's Analytics feature?
Ankr's Analytics feature powers decision-making with precise usage data for each project, providing insights into project performance and usage.