Bware Labs Expands As Distributed Network Of API Providers And Bridges Its INFRA Token To MultiversX
After a long history of collaborating with the Bware Labs team, we are excited to see them take a significant leap forward in decentralizing an often overlooked blockchain aspect, API infrastructure.
Recently launched, their Blast protocol allows infrastructure providers to permissionlessly join and compute resources to a global pool that serves users and developers with high-performance and censorship-resistant access to reading and writing data on blockchain.
Through this step, they are trying to overcome the downsides around data availability and integrity that come with centralized API dependencies, while offering the highest quality API services with quicker response times regardless of geolocation.
To be able to scale their network of relayers, Bware uses an incentivization mechanism through their native token INFRA. A portion of the INFRA token supply will be bridged as an ESDT to our mainnet in the next few days, followed by listing on xExchange by May 30.
About Bware Labs
Bware Labs’s mission is to create an infrastructure and development platform that will help Web3 builders throughout their entire blockchain journey from development to production release and beyond. We aim to play a decisive role in worldwide blockchain adoption.