Ankr update: ANKR Live price, price chart, news and markets

Ankr is a distributed computing platform that aims to utilize idle computing resources in data centers and edge devices. Companies can utilize untapped cloud computing power from on-site data centers and devices around the world to mitigate the risk of using centralized providers. Ankr also offers advantages for owners of unused compute power who can monetize their surplus whether it is in the form of a device, an on-prem data center, private cloud, or even public cloud.

Ankr's Unique Features

Ankr aims to simplify the adoption of Web3 by providing a platform where users can deploy nodes on Proof of Stake (PoS) blockchains, stake their PoS tokens, and access decentralized finance (DeFi) applications.

What Makes Ankr Stand Out?

Ankr is uniquely positioned as a node infrastructure and decentralized web services provider that enables seamless communication and interaction between DApps and blockchains, while allowing users to earn more with their assets by easily delegating them to validator nodes. This is in contrast to centralized solutions like AWS Blockchain and many others.

What Is the Ankr Token? Ankr is the native utility token required for transactions and payments for various Ankr services, as well as platform governance. Ankr has the capabilities of an ERC-20, BEP-2, and BEP-20 token, and it is also supported on the Polygon, Avalanche, and Fantom networks.

The Ankr token will play a central role in enabling institutional and independent node providers to monetize the excess capacity of their nodes, while allowing node consumers to benefit from a pay-as-you-go model. This disrupts traditional blockchain API providers that force users into paid plans requiring oversubscription.

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