How does Ankr work and how are ANKR tokens traded?
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What is Ankr?

Ankr (ANKR) is a decentralized infrastructure platform that provides node hosting, blockchain API services, and staking solutions for Web3 applications. Launched in 2017 by Chandler Song and Ryan Fang, Ankr aims to decentralize cloud computing by offering distributed node hosting and RPC (Remote Procedure Call) services for blockchain developers. By reducing reliance on centralized cloud providers, Ankr enhances blockchain accessibility, scalability, and cost-efficiency.

Ankr's native token, ANKR, is used for payments, governance, and staking rewards within the network.

How is Ankr useful?

Ankr plays a vital role in the Web3 ecosystem, offering node hosting, staking, and multi-chain API solutions that simplify blockchain access for developers and enterprises. Projects use Ankr’s infrastructure to deploy secure, scalable blockchain nodes, reducing operational costs. Ankr also provides staking solutions, allowing users to stake assets in a decentralized manner without relying on centralized exchanges.

The ANKR token is used for paying for node services, rewarding network participants, and participating in governance decisions.

How does Ankr work?

Ankr operates a distributed node network that provides decentralized cloud computing power for Web3 applications. By connecting blockchain developers, validators, and enterprises, Ankr enables fast and cost-efficient access to blockchain data.

The Ankr Staking platform offers Liquid Staking solutions, allowing users to stake assets while maintaining liquidity. The ANKR token is used within the ecosystem for service payments, staking incentives, and governance participation.

Ankr Milestones

  • Launch of Decentralized Cloud Services: Introduced a Web3 infrastructure model to reduce reliance on centralized cloud providers.

  • Expansion of Staking Solutions: Implemented Liquid Staking, enabling users to earn staking rewards while retaining liquidity.

  • Multi-Chain Support: Integrated with major blockchains, including Ethereum, Binance Smart Chain, and Polygon.

  • Ankr RPC Services: Developed high-performance blockchain APIs, making node access faster and more efficient.

  • Growing Adoption in Web3: Partnered with multiple blockchain projects to enhance decentralized infrastructure services.

Ankr continues to revolutionize blockchain infrastructure, making decentralized cloud computing and staking solutions more accessible and scalable for Web3 developers and users.

Buy Ankr (ANKR) on BITmarkets.

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