Ankr

Ankr is a developer of blockchain protocols created to enhance the efficiency of international public ledgers. Ankr's platform utilizes blockchain technology for the distribution of cloud computing and offers a decentralized computing framework and a platform for business applications.

The distributed computing platform aims to use idle computing resources found in data centers and edge devices. Ankr enables a sharing economy model, allowing enterprises and consumers to monetize spare computing capacities right from their devices and on-premise servers, including private and public clouds.

ANKR Token is the native utility token required for transactions and payments for Ankr’s services, including platform governance. It possesses capabilities as a BEP-2, ERC-20, and BEP-20 token. Ankr is available on the Avalanche, Polygon, and Fantom networks. The token's major function is allowing institutional or independent node providers to earn from their nodes' excess capacity via a pay-as-you-go model.