What does API3 do?
API3 (CRYPTO:API3) is a decentralized Web3 API economy, governed by a DAO and powered by the API3 token. It prioritizes decentralization, transparency, and security in its operations. API3 is working on several projects, including the API3 Marketplace, DAO, and Grants Program. Their objectives are to enhance the accessibility and affordability of Web3 APIs, improve their quality and reliability, and promote their adoption. By decentralizing the API economy, API3 makes Web3 APIs more accessible, affordable, and reliable while ensuring transparency and audibility, potentially revolutionizing their development and usage.