The Future of API Monetization
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Transcript of The Future of API Monetization
An Open Source Platform APIs
The Goal
The incentivized connection of APIs to a decentralized API marketplace where
developers and web service owners benefit alike.
MERCHANT SERVICES
The 1st Incentivized API Marketplace
The Current State of API’s
❖Centralized entities have data, and provide services
❖Developers can build products using those services
❖Developers need to make agreements with service providers and buy subscriptions
❖Limited by service providers’ ability to scale
The Vision: API Network
❖Service providers make their services available to the network.
❖Consumers of the service (Developers) join the network and gain access to all the member APIs.
❖Anyone can join the network and provide processing and storage to the member APIs, providing decentralized scaling.
❖APICoin used to compensate the network members
How It Works
The API Network Screen Shots