Ankr is a decentralized blockchain infrastructure provider that manages a network of over 50 Proof-of-Stake nodes throughout the world. This infrastructure supports the crypto economy's expansion while also providing Web3 users with a full range of multi-chain tools.
ANKR is Ankr's native utility token, which is used for transactions and payments as well as platform governance. ANKR can be used as an ERC-20, BEP-2, or BEP-20 token, and it can be found on the Polygon, Avalanche, and Fantom blockchains.
The ANKR token will be used to enable institutional and independent node providers to monetize their excess capacity and allow node customers to benefit from a pay-as-you-go model, which would disrupt traditional blockchain API providers who force users into paid plans that need oversubscription.
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