The APIS Ico Review: It Is Legit Or Scam Ico?

About 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.

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 outstanding 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 APIS is able to deliver the fastest and precisest endpoints within Web3 domain to facilitate the visualization of related data, thus enhancing users’ experience and improving decision-making process to help you get a head start in the flourishing Web3 market.

Token Basic Information

How does The APIS work?

The The APIS Ico provides extensive data analytics for digital assets across all public blockchains, both layer-one and layer-two scaling solutions. Deep dive into your own data, presented through customized graphics and interfaces. Uncover publicly available data, deciphering trends to facilitate your decision-making and to keep you ahead of the market.

Track your favorite projects.

Keep track of yours or others’ NFT collections across numerous significant market indicators, across different timescales.

Customize your own NFT drop calendar.

Create your own unique drop calendar and never miss an NFT drop from your favorite creators. Add customized alerts to receive reminders to minutes, hours, or days before.

Seamlessly create customized alert

To stay informed on the latest mints and collections from your favorite artists, scientists, and communities at large. ‘

Features

The APIS platform provides a one-stop middleware solution for decentralized querying, indexing, and writing services, delivered instantly across multiple blockchains.

Blog

The Web3 industry changes significantly overtime. We embrace the market trends, publishing our announcements and insights at each step of the way. Writing publicly allows us and our users to log these changes, learn from the past, and shape the future accorindingly.

APIS Platform

With Blockchain financial service, effective decentralized economy system, dApp development, and Blockchain technology consulting, APIS provides a platform service which is highly accessible on the end-user stage. The APIS Ico will provide an intuitive interface to all developers with dApp launch needs on APIS Core and users who use Blockchain financial service of APIS. Also, we aim to prevent a monopoly in the Blockchain system obtaining process and foster an evolved business by applying Blockchain technology to various industry, to decrease an unreasonable reward structure originating from the imbalance of information.

API Allocation:

**100M **API has been minted at genesis and will become accessible over the course of 6 years.

79% of this total is allocated to API community members

21% of this total is allocated to the core team.

A detailed explanation of the distribution is listed in the following paragraphs.

The initial two year allocation is as follows:

• 43% to The APIS community members 43,000,000 API
• 21% to team members and future employees with 2- year vesting 21,000,000 API
• 19% to Community Treasury with 2- year vesting 19,000,000 API
• 17% to DApp Partners with 2- year vesting 17,000,000 API

API Token Utility:

The API community token will be used for a myriad of functions. In summary, the uses of API include the following:

• **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.

Team

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