API3 to Participate in BUIDLathon
API3 will participate in BUIDLathon, a creative and collaborative event, from February 29 to March 3. The event will focus on the development of projects, with teams being encouraged to form and work together. There will be a bounty of $10,000 available for those who successfully build with API3, specifically for modifications on a lending dApp to reallocate.
Refer to the official tweet by API3:
API3@API3DAOFeb 16, 2024Get ready for the @EthereumDenver BUIDLathon February 29-March 3!
It’s time to spark your creativity and start building your team for your project.
Check out the $10,000 bounties up for grabs for building with API3:
▲ Build a modification on a lending dApp to reallocate… pic.twitter.com/iUyPva3EEW
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.