The APIS

The APIS

Created using Figma
Created using Figma
We propose APIS, a middleware protocol for the functioning of a decentralized index and querying protocol, allowing for the mainstream growth of a fully decentralized fnance and decentralized web architecture. Current data index and querying solutions are either centrally architected, reliant on a party who at all times is subject to numerous performance and regulatory risks, or logically decentralized, thus requiring an in-depth knowledge of the public blockchain protocol layer and obscuring the majority of global developers from interacting with public blockchain infrastructure. APIS is architecturally decentralized, in that the providers of the endpointed data can be any actor joins the APIS network, but logically centralized, in that client-side developers will be able to reference common, frequented API formatting structures, namely RESTful and GraphQL endpoints, to query datasets generated by public blockchains.
Pre Sale
Apr 1, 2021
Apr 30, 2021
100% completed
Raised funds - no Data
past
Token Details
Ticker
API
Additional Details
Categories
Platform

About The APIS

What Is The APIS Protocol (API)?

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 1.0, Ethereum 2.0, Solana, Binance Smart Chain, optimistic and zk rollups, Filecoin, Helium, and future protocols should they garner significant adoption.

API is the native utility token that is used for:

  • Staking by API Nodes and Gateways.

  • Staking as a validator on The APIS layer-two solution network once deployed.

  • Staking to resolve disputes.

  • Governing protocol upgrades and how The APIS treasury’s resources are allocated.

The tools include:

  • APIS Unified and APIS Core to allow a global developer base to make effortless reads from and writes to public layer-one and layer-two solutions.

  • APIS Stake to allow our community-owned network to become an API Gateway or Node, the indexer and servicer of queries made by the DApps that utilize The APIS network.

  • APIS Validate to allow our community-owned network to valid our layer-two solution, once deployed.

  • APIS Vote to allow our community-owned network to govern the APIS protocol and treasury.

How Many API Coins Are There in Circulation?

The APIS Protocol launched its mainnet on November, 24, 2020 with 10 million API tokens created at genesis.

Our token economy: There will be 100 million API Tokens released, unless the community votes to inflate the supply via additional incentivization programs or deflate the supply via token burn programs. 79% of the token supply is allocated toward the community, with 43% going to the users of the network via a usage mining program, 19% to the Community Treasury, and 17% to API Lab (established for strategic partnerships, namely prominent Web 2.0 or Web 3.0 applications). The remaining 21% is allocated for the founding and future team.

Who Are the Founders of The APIS Protocol?

The APIS Protocol was founded by Calvin Pak, Shain Lafazan, and Andrew Bakst, who share over a decade of combined Web 3.0 experience as both developers and investors.

Calvin Pak, CEO & Co-founder

A multi-industry veteran, Calvin has built for traditional firms, such as Zappos,JP Morgan and Wells Fargo. Calvin has led the development of three DeFi projects: Titans Finance (front-end wallet), Maximus (on-chain bank), and Molecule (exchange protocol). He earned an EECS (Electrical Engineering & Computer Science) degree from the University of California, Berkeley.

Shain Lafazan, CTO & Co-founder

Shain has designed and built critical infrastructure for cybersecurity, medical imaging, and insurance companies. He has co-led the development of numerous DeFi projects, both with Calvin and others. Shain graduated from UC Santa Barbara and now mentors young developers across the South Bay of Silicon Valley.

Andrew Bakst, Chief Strategy Officer

Andrew is currently the Managing Director of Bizantine Capital. Previously, he was a Partner at Crusoe Capital and Director of Bizantine Consulting Group. He received a BS in Product Design from Stanford University.

Where Can I Buy The APIS Protocol (API)?

API is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

Binance offers the largest number of pairs as of October 2020, while Huobi Global also offers Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) options.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buy Bitcoin or any other token.

The APIS Roadmap

  • Q3-Q4, 2020

  • Alpha
    Infrastructure set up with blockchain nodes, blockchain index database server and the indexed query APIs
    100% Completed
    BIS (Blockchain Indexed Server) v1
    APIS-Core: ETH, BTC RPC testnets
    APIS-Unified: wallets, transactions
    DeFi support for ERC20, ERC721
    Transaction state management
  • Q1-Q2, 2021

  • Beta
    Add APIS-Unified endpoints for DEXes, lending platforms, and oracles; integrate Ethereum 2.0, IPFS & BSC. Main net beta.
    20% In-Progress
    DeFi: build Uniswap with APIS
    DeFi: build Compound with APIS
    Oracle support on APIS
    Ethereum 2.0, IPFS, BSC support
    Main net beta launch
  • Q3-Q4, 2021

  • Launch
    Support for additional blockchains, alpha release of the decentralized indexed server and APIS token ecosystem with Governance
    0% Not Started
    Main net launch for multiple chains
    Support for Solana, Algorand, etc.
    Decentralized Indexed Server
    APIS token ecosystem alpha launch
    Governance

Activity

Members:
7 087
HIGH
30 Days Growth:
-606
Year commits:
233
Watchers:
9
Stars:
10
Forks:
4
Open issues:
0

The APIS Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Shain Lafazan
Co-founder & CTO
unverified
Andrew Bakst
Co-founder & CPO
unverified
Calvin Pak
Co-founder & CEO
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Maximillian Jungreis
Advisor
unverified
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