The APIS Docs
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  • ℹ️$API Token Info
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        • What is API?
        • How do APIs work?
        • What is the API token?
        • Why does API stand out?
        • What does API mean for the crypto industry?
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  • 📃Whitepaper
    • Whitepaper
      • 1️⃣1⃣ Background
        • 1.1 Background
        • 1.2 Introduction
      • 2️⃣2⃣ Architecture
        • 2.1 Message Propagation Protocol
        • 2.2 Message Formatting Overview
        • 2.3 APIS Core Contracts
        • 2.4 Governance Contract (GC)
        • 2.5 Dispute Resolution Contract (DRC) Factory
        • 2.6 Optimistic Rollup Contract
      • 3️⃣3⃣ Applications
        • 3.1IDs
        • 3.2 API Token
        • 3.3 Token Distribution, Community Ownership
      • 4️⃣4⃣ Discussion
      • 5️⃣5⃣ Appendix
        • 5.1 REST History and Analysis
        • 5.2 REST APIs in Practice
        • 5.3 Strengths and Weaknesses of REST
        • 5.4 GraphQL History and Analysis
        • 5.5 GraphQL as a ‘Fetching Tree’
        • 5.6 Anatomy of a GraphQL Request
        • 5.7Note on GraphQL Resolvers:
        • 5.8 Direct Comparison
        • 5.9 Weaknesses of GraphQL
      • 6️⃣6⃣ Bibliography
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  1. $API Token Info
  2. Token Economics
  3. FAQs

Why does API stand out?

Our market is one of the strongest on the internet. APIs have been widely embraced by firms and developers globally over the last decade, to the degree that many famous apps cannot work functionally without them. They save developers significant time and resources, with the products offered being very scalable (i.e. an API for one NFT project can be easily re-purposed for another) and thus garnering high margins. In slightly more depth, APIs offer:

  • Cooperation improvement: Enterprises can automate workflows and improve workplace cooperation with simple API integration. API’s coordinate the Web, both in Web2 and, soon, in Web3 by the APIS and our competitors.

  • Innovation simplification: The flexibility offered by APIs enables companies to make new connections and offer new services based on existing products and services, and, ultimately, access new markets that can generate massive returns and drive digital transformation. Because of the APIS, developers do not need to maintain their own nodes or databases, saving both human and financial applications.

  • Data monetization: In addition to the benefits that APIs offer businesses through the software development process, they also provide a chance for companies to leverage their data and internal tooling into new revenue streams and business opportunities.

  • Security reinforcement: APIs create an added layer of protection between users’ data and a server. Developers can further strengthen API security by utilizing tokens, signatures, and Transport Layer Security (TLS) encryption.

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Last updated 3 years ago

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