API3 token develops decentralized applications (dApps) for WEB 3.0. Applications where you can provide decentralized and secure data flows offer highly advanced options. API3 is an ERC-20 token, meaning it is based on the Ethereum blockchain. Detailed information about what is API3 coin, how does it work, how much it costs, how to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.
What is API3 coin and how does it work?
API3 token develops decentralized applications (dApps) for WEB 3.0. Applications where you can provide decentralized and secure data flows offer highly advanced options. API3 dataflows are managed by an open DAO of stakeholders, industry experts, and project partners. This allows dAPIs to operate with maximum transparency, minimal trust to central operators, and no centralized attack surfaces.
By placing API3 tokens in the API3 insurance staking contract, API token holders can take a direct role in managing the project that gives them voting rights in the API3 DAO. API3 is an ERC-20 token, meaning it is based on the Ethereum blockchain.
Without third-party node operators, API3 data streams are never subject to data tampering and denial of service attacks by agents. This allows them to achieve higher cost efficiency while having less attack surface. Source-level localization of dAPIs is enabled by Airnode, a completely serverless oracle node that can be deployed free of charge by any API provider and requires minimal daily administration.
Where to buy API3 coins? How much is the API3 token price?
API3 coin is listed on many cryptocurrency exchanges and can be purchased on exchanges. But before trading, it is necessary to make sure that the stock market is “reliable”. As of October 19, 2021, the price of 1 API3 coin is around $4.91. (Price may change instantly.)
Caution: The information contained in this content is for informational purposes only. It is not investment advice.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency
