Ankr - The tools for Web3

Ankr Network (ANKR)

What is Ankr Network?

Ankr is a cloud-computing platform that aims to ease access to Web3 applications. Users can participate in staking or build their own DApps on over 40 different blockchains using Ankr.

Why does Ankr Network have value?

ANKR allows staking on a variety of blockchains, which gives users access to potentially high rewards. Moreover, users don’t necessarily need to meet all of the staking requirements as Ankr pools the staked coins of its users. ANKR provides developers access to rich Web3 toolkits and token holders access to staking yields, DeFi apps, and secure bridging between blockchains.

What are the Pros of Ankr Network?

●       It eases the process of staking on different blockchains, opening a venue for rewards without many of the technical difficulties.

●       Developers can build DApps in different platforms with ease.

What are the Cons of Ankr Network?

●       The protocol hasn’t reached wide adoption yet.

What are ANKR’s tokenomics?

The maximum supply of ANKR is 10 billion. 3.5 billion were sold in the ICO.

Who founded Ankr Network?

Chandler Song and Ryan Fang.

Who are Ankr Network’s investors?

Ankr Network has conducted four sales rounds, raising $27.3 million. The main investors are NEO Global Capital, JD Capital, JLAB, BlockVC, DHVC, Mapleblock Capital, Link VC, OK Blockchain Capital, Pantera Capital, Ryan Fang, and ORCAS.

Concise Crypto Grade:

B+  :Ankr Network’s has high value for developers. They have amazing API’s that allows Dapp developers to create powerful apps across different blockchains. Their token has unique properties too in that it allows you to stake cross-chain, you can use them for liquid staking, and even bridge assets across chains. The only downside to Ankr is that they just aren’t that well known. Staking rewards are higher on other platforms and the user base needs more time to grow.

Where can I buy ANKR?

Binance, Coinbase Exchange, Huobi Global, Bithumb, KuCoin, Gate.io.

What ecosystem does ANKR run on?

Ethereum