ANKR Token is the base currency of a decentralized cloud computing platform that shares computer resources for users in need. The platform also functions as a node network built specifically for Web3 developers.
Do you want to learn more interesting information about ANKR Token? If so, please stay tuned for upcoming content from AZcoin!
What is Ankr Network?
To begin, let’s talk about Ankr Network. It is a decentralized cloud computing platform designed to share computing resources with users in need. This process is facilitated by Ankr itself, which leverages idle resources from data centers and various devices.
Launched in March 2019, Ankr Network was developed by a highly experienced team that previously worked at major tech corporations like Amazon, BitGo, Ethereum,… The goal of Ankr is to create an economy where businesses and users can earn money by providing surplus computing power through their devices, servers, and both private and public clouds.
Additionally, the platform offers multi-chain tools and the necessary infrastructure to support the development of the Web3 ecosystem. This enables users to participate in blockchain node networks and earn rewards for their involvement.
What’s special about Ankr Network?
The following will be a summary of the most outstanding features that Ankr Network possesses:
- Low cost: Users can access the platform’s cloud computing resources at competitive prices compared to other platforms. Resource providers also earn a share of the profits from sharing their computing power.
- Diverse services: The platform offers a wide range of services for various platforms, decentralized infrastructure, and gaming, all of which are connected to the Web3 ecosystem.
- Ankr Cloud Platform: This feature allows users to monitor deployed nodes and receive updates on new features, as well as ongoing or upcoming campaigns from the platform.
- AppChains: This feature is implemented to ensure security, high throughput, and exceptional customization options, allowing users to operate their systems with processing power up to 300 TPS.
- Liquid Staking: This feature addresses the issue of locked liquidity when staking assets on Proof-of-Stake (PoS) networks, enabling users to optimize their capital efficiency without worrying about their assets being frozen.
Ankr’s development team, investors and partners
Development team
According to the information gathered, the Ankr platform was built and developed by a highly professional team. Among them, the following key individuals stand out:
- Chandler Song: Serving as Co-Founder and CEO of the platform, Chandler holds dual degrees in Electrical Engineering and Computer Science from the University of California, Berkeley, and previously worked as a software engineer at Amazon.
- Ryan Fang: Serving as Co-Founder and COO of the platform, Ryan graduated with a degree in Business Administration from the University of California and was a co-founder of PrimeBlock.
- Stanley (Liangnan) W: Serving as Co-Founder and CTO of the platform, Stanley spent 11 years at Amazon as a senior software engineer and technology team leader.
Investors and partners
The Ankr Network platform has succeeded in raising capital to 15 million USD from 6 major investors: Pantera Capital, DHVC, Neo, OK Blockchain Capital, BlockVenture, and LinkVC.
Regarding partner information, the project also receives support from many big names in the community, such as Binance, Optimism, AAVE,…
What is ANKR Token?
ANKR Token is a utility currency of the Ankr ecosystem, mainly used for activities and services belonging to this platform.
Specifications
- Token name: Ankr Token
- Ticker: ANKR
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0x8290333cef9e6d528dd5618fb97a76f268f3edd4
- Token Type: Utility
- Total Supply: 10.000.000.000 ANKR
- Circulating Supply: 10.000.000.000 ANKR
Distribution rate
Hiện tại ANKR Token đang được phân bổ theo đúng tỷ lệ sau đây:
- Community & miners: 40%
- Private/pre-sale: 30%
- Team & Advisors: 20%
- Marketing: 5%
- Public sale: 5%
ANKR Token Use Cases
ANKR Token is used for the following purposes:
- Pay service fees inside the platform.
- Rewards for contributions to the platform.
- Participate in staking activities.
Where to trade ANKR Token?
If you want to trade ANKR Token, the best crypto exchanges we recommend for you are Kucoin, AscendEX, Upbit, Bitthumb, Huobi,…
In addition, you can also own ANKR Tokens by becoming Edge Nodes that contribute to the system to receive rewards.
Where to store ANKR Token?
ANKR Token uses the ERC-20 standard, so you only need to look for wallets that support this standard, such as Kucoin, BitMax, Upbit, MyEtherWallet, MyCrypto,…
Conclusion
Here is all the content that we can compile and share with you on the topic of ANKR Token. Thank you for taking the time to follow and see you again at AZcoin.
I am Tony Vu, living in California, USA. I am currently the co-founder of AZCoin company, with many years of experience in the cryptocurrency market, I hope to bring you useful information and knowledge about virtual currency investment.
Email: [email protected]
