The APIS Protocol is a decentralized read and write platform on Ethereum 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.
Considering the broad API market due to the abundance of public data that Web3 has generated, the APIS has found go-to-market edge in the NFT and gaming sub-sector of Web3, the hottest tech trends nowadays. With a claimed indexing and delivering data queries functions of The APIS protocol, The APIS is building customized dashboards acting as user interfaces for broader gaming community and their users.
The API token is designed to be superfluid, utilized for on-chain governance, off-chain governance (namely future product development), and five staking derivatives to ensure incentive alignment among all participants in the API protocol, namely the protocol’s service providers— API Governors, API Nodes and Gateways, API Rollup Validators, and API Dispute Resolvers—and its customers.