Ray Alvarez
Reading time: 2 min
Date: 8th Jan 2021

ARK Announces Partnership with API3

As we approach the launch of MarketSquare, we want to give our community an inside look at some of the partnerships we have formed. These strategic partnerships will not only help make MarketSquare the new homepage for the decentralized web but will also create inroads between ARK and other projects looking to build and collaborate together. Today we would like to introduce you to API3!

What is API3?

API3 is building decentrally governed and quantifiably secure data feeds that power Web 3.0 applications without employing third-party intermediaries.

You can learn more about API3 by downloading their whitepaper .

Businesses offer a wide variety of services over APIs, ranging from providing asset price data to executing traditional financial transactions. It is critical for decentralized applications to be able to access the kind of services that APIs offer in order to interact with the real world, yet these APIs are not natively compatible with decentralized applications.

The team behind API3 believes that dAPIs will be the next evolutionary step to meet the inevitably strict decentralization requirements of Web 3.0.

DAPI’s are fully decentralized and blockchain-native APIs with quantifiable security and will be set up, managed and monetized at scale by the API3 DAO.

API3 is also collaborating with its community in order to further the development of their project. They have a builders discord where people can join and contribute to the project with technical and non-technical skills.

API3 and MarketSquare

Currently, we are nearing the launch of MarketSquare’s beta. With API3 we have a chance to highlight their project and provide educational content based on decentralized APIs. As MarketSquare continues to grow and evolve we will explore opportunities to collaborate and work together.

While you wait for the MarketSquare Beta, be sure to sign up at MarketSquare.io and subscribe to the MarketSquare YouTube channel for a video about API3 which will be released soon!

MarketSquare will not only be a place where users from around the blockchain industry can build a community together, but it will also be a place that provides reliable and educational information on the various projects, applications and businesses within the industry.

For more on API3 you can check out the following resources: Website , FAQ , Blog , Github .