API3 to Hold AMA on X on July 30th
API3 will host an AMA on X with Berachain on the 30th of July at 14:00 UTC. The event will feature key figures in the development of the Berachain DeFi ecosystem.
Refer to the official tweet by API3:
API3@API3DAOJul 27, 2024The @berachain DeFi ecosystem is heating up and poised for explosive growth 🐻⛓ï¸
🎙ï¸ Join us for a Spaces this Tuesday with the builders leading the charge.
â° July 30 | 14:00 UTC
API3 Info
API3 is a project that focuses on delivering traditional dAPI services for Web3 applications. The project is governed by a decentralized autonomous organization (DAO), specifically the API3 DAO.
Traditional API services are centralized, meaning they are owned and controlled by individual companies or organizations. This creates a range of issues in terms of transparency, security, and reliability. API3 addresses these problems by offering fully decentralized APIs.
The API3 token is used within the project's ecosystem as a means to incentivize network participants, including node operators and developers, to engage in voting and DAO governance.