Overview
Ankr is a comprehensive Web3 infrastructure platform that offers decentralized node services, APIs, staking solutions, and custom blockchain creation through its AppChains product. Ankr is not a blockchain itself, nor a decentralized application (dApp), but rather a service provider that facilitates interaction with multiple blockchains. Its aim is to simplify the process of building, deploying, and managing blockchain nodes and applications by providing decentralized infrastructure, thereby enhancing the performance, scalability, and reliability of Web3 projects.
Background
Founded in 2017, Ankr addresses the complexities and high costs associated with running blockchain nodes. The project provides a multi-cloud, decentralized infrastructure that supports one-click deployment and management of nodes across various blockchain networks, making it easier for developers to access and utilize blockchain technology.
Technology
Decentralized Infrastructure
Ankr operates a decentralized physical infrastructure network (DePIN), which includes a global network of nodes providing fast and reliable access to blockchain data. This network supports over 45 different blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and Avalanche. Ankr’s infrastructure ensures low-latency and high-availability connections for developers and applications.
Advanced APIs
Ankr offers a suite of Advanced APIs that simplify querying and interacting with blockchain data. These APIs support various functions, such as querying NFT ownership, token balances, and blockchain events across multiple chains. The APIs are designed to be efficient and cost-effective, enabling developers to build on Web3 with fewer requests and lower costs.
AppChains
Ankr AppChains allow any Web3 application or project team to create their own dedicated blockchain as a sidechain in ecosystems like Polygon, BNB Application Sidechains, or Avalanche. AppChains provide a scalable environment for enterprises of all sizes, allowing them to fully customize their blockchain infrastructure around specific use cases. This includes selecting the underlying blockchain, integrating advanced features such as custom tokenomics, staking systems, and interoperability with other blockchains through bridges.
Development and Features
Developer Resources
Ankr provides extensive documentation, SDKs, and tutorials to support developers in building decentralized applications. The platform’s RESTful APIs and smart contract APIs enable seamless integration with blockchain networks, allowing developers to focus on creating innovative dApps.
Ecosystem Support
Ankr collaborates with various blockchain projects to enhance their ecosystems. Notable partnerships include Binance Smart Chain, Polygon, and SushiSwap, where Ankr provides node hosting, API access, and liquidity solutions to support their growth and scalability.
Founders and Team
Ankr was co-founded by Chandler Song and Ryan Fang. Chandler Song serves as the CEO, bringing extensive experience in blockchain technology and decentralized systems. Ryan Fang, the COO, has a background in finance and has been instrumental in securing funding and strategic partnerships for Ankr.
Investors and Funding
Ankr has raised significant funding from prominent investors, including Binance Labs and Pantera Capital, to expand its infrastructure and develop new products.
Tokenomics
ANKR Token
The ANKR token is an ERC-20 utility token used for accessing Ankr’s services, including API calls, node hosting, and staking. The token incentivizes node providers and supports the platform’s decentralized infrastructure. ANKR can be staked to earn rewards, enhancing the network’s security and reliability.
Token Allocation
- Community and Ecosystem: 40% of the total supply is allocated to the community through staking rewards, airdrops, and other incentives.
- Founders and Team: 20% is reserved for the founding team and advisors, subject to vesting schedules to ensure long-term commitment.
- Investors: 20% is allocated to investors who participated in private and public sales.
- Development Fund: 10% is designated for ongoing development and innovation.
- Partnerships: 10% is set aside for strategic partnerships and ecosystem growth.
Community and Ecosystem
Ankr maintains an active community on platforms like Twitter, Telegram, Discord, and Reddit. The project engages with its community through regular updates, tutorials, and support channels, fostering a collaborative environment for developers and users alike.