The Cryptocurrency Open Source API Marketplace for Developers

The API economy is the reality we live in and it’s an enormous one that, once the Internet of Things kicks into full gear, will feature an infinite number of API calls a day. But as we globalize, the world and the products—in this case APIs—we sell in it become more complicated and often more expensive as we factor in all the friction of exchange rates and credit card micropayments. It’s in everybody’s interest to smooth over that friction so developers can access our APIs or application programming interfaces more easily. To achieve that could require a change in the way we handle API monetization; something that should be done now before the API economy blows up more than ever before.

The API Network is an open-source project created to provide a universal mechanism for querying APIs by infusing the API economy with a new cryptocurrency called APICoin. The lofty objective is a win-win situation where providers that offer more value to the API community are rewarded, while allowing developers to access APIs much more easily, by removing these points of friction. The hope is that intersection of the API economy and this new APICoin cryptocurrency will allow the API economy to grow faster than ever imagined before...