Announcing the native integration of API3 to Fantom
Fantom is excited to announce a collaboration with API3 and a native integration with the Fantom Opera Network. The API3 DAO will build and provide Airnode compatibility with Fantom’s Opera Network for expanded use in decentralized applications.
Native integration
The Fantom network will integrate API3’s decentralized API’s and Airnode-enabled API’s into its platform. This will give developers building on the Fantom network access to all of the data that API3 provides through these solutions. API3 is excited to work together with Fantom through Airnode compatibility and pursue opportunities for further collaboration in building decentralized applications.
We’re incredibly excited to collaborate with the API3 DAO in creating Airnode compatibility with Fantom’s Opera Network, as it allows API providers to host Opera-native first-party oracles that developers can use in their decentralized applications. From an ecosystem developer perspective, it’s also a great addition to the existing array of oracle options on top of Opera, as dAPI’s give us access to data that is aggregated right from the source.
-Michael Kong, CEO/CIO Fantom Foundation
API3 is thrilled about the native integration with Fantom’s Opera Network and excited to provide the Fantom network with new data feed solutions. We look forward to collaborating further with Fantom Foundation and supporting their efforts to enable the creation of new, data-rich and scalable decentralized applications.
-Heikki Vänttinen, API3 co-founder.
What is API3?
API3 is building decentrally governed and quantifiably secure data feeds that power Web 3.0 applications without employing third-party intermediaries. API3’s dAPI’s are fully decentralized and blockchain-native APIs with quantifiable security.
API3’s dAPIs - which will be set up, managed, and monetized at scale by the API3 DAO - will be the next evolutionary step to meet the inevitably strict decentralization requirements of Web 3.0. Read API3 full whitepaper here.
API3 Links
Twitter — https://twitter.com/API3DAOTelegram — https://t.me/API3DAO (Community Chat)Keybase — https://keybase.io/team/api3 (Developer Chat)Github — https://github.com/api3daoReddit — https://www.reddit.com/r/API3/Medium — https://medium.com/api3
What is Fantom?
The Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates technologies that are decentralized, scalable, and secure. Fantom’s team is made up of engineers, scientists, researchers, designers, and entrepreneurs all around the globe who all share the same vision for a world powered by Web 3.0.
Fantom’s Opera Network is a fully permissionless and open-source network powered by Fantom’s own consensus algorithm. It is secure, fast, and fully compatible with the Ethereum Virtual Machine and provides full smart-contract support through Solidity. Through the EVM, developers can utilize smart contracts on top of Fantom, and it allows projects to port their existing Ethereum dApps over to Fantom easily.
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