ANKR/USD: Convert Ankr (ANKR) to United States Dollar (USD)

Ankr (ANKR) is a decentralized blockchain infrastructure provider that operates a global network of nodes across more than 50 Proof-of-Stake networks. This infrastructure is designed to foster the growth of the crypto economy while powering a suite of multi-chain tools for Web3 users. Ankr offers blockchain developer solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes for accessing blockchain data and executing code, and tools like Ankr Scan for viewing on-chain information across blockchains. The ANKR token is the native utility token used for transactions, payments for Ankr’s services, and platform governance.

Ankr operates by utilizing verification nodes in the block validation process, ensuring the quality of the network and removing any bad actors. It employs a reputation-based system that filters actors based on node contributions and uses a performance test to distribute computational resources based on workload. Ankr also uses the Intel SGX as its main component, providing a high level of security against certain hardware and software attacks. It has a Native Oracle System (NOS) that transfers between the on-chain smart contracts and the off-chain data, which is secure and requires authentication. The Data Source Security is handled through TLS 1.2,1.3 and Perfect Forward Security (PFS).

Ankr aims to provide a range of use cases for different types of Web3 users. For developers, Ankr provides comprehensive blockchain solutions, including traditional APIs and tools for viewing on-chain information across blockchains. For crypto investors, Ankr Earn makes staking, liquid staking, and other yield-earning opportunities accessible. Ankr also offers learning tools, tutorials, and documents to help anyone become a better user or developer of blockchain-based systems. The ANKR token is used for transactions and payments for many of Ankr’s services, as well as for platform governance.

Ankr was founded in 2017 by co-founders Chandler Song and Ryan Fang, both laureates of Forbes 30 Under 30, shortly after they graduated from the University of California, Berkeley. They were early participants in the Blockchain at Berkeley program. Chandler was working as an engineer at Amazon Web Services at the time where he met Stanley Wu, the third co-founder. Together, they embarked on a mission to build the most decentralized and scalable Web3 infrastructure possible. The current circulating supply of ANKR is 6,496,232,711 tokens, with a max supply of 10,000,000,000 ANKR.