What is Ankr (ANKR)?

Ankr is a decentralized blockchain infrastructure provider that operates a network of nodes that are globally distributed across over 50 Proof-of-Stake networks. This infrastructure aids the growth of the crypto economy while powering a full suite of Web3 tools for its user base. More details here.

Ankr is both a node infrastructure and a decentralized web services provider allowing DApps and blockchains to run and communicate with each other. The platform also allows users to earn more with their assets by delegating them to validator nodes.

The ANKR currency acts as a governance token as well as being needed for transactions and payments for many of the services provided by Ankr. $ANKR has capabilities as an ERC-20, BEP-2 and BEP-20 token. Furthermore,it is also available on the Polygon, Avalanche and Fantom networks. The token allows institutional and independent node providers to monetize their nodes' excess capacity and allow node consumers to benefit from a pay-as-you-go model, which disrupts traditional blockchain API providers that force users into paid plans that require oversubscription.

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