API Network Enhances App Development with API Marketplace
By Ryan Keenan, Distributed Buzz

The API Network greatly expands the functionality of applications without the need to learn different proprietary APIs over and over. Developer resources are often scattered and founders find themselves in the time consuming position of mixing and matching APIs to build better applications. There is often a steep learning curve for each new API. The API Network takes aim at solving this problem by incentivizing web service owners to connect their APIs to the API Network’s marketplace. API Coins will be the token in which empowers the API Network marketplace. The API Network will give developers the comfort of focusing on creating a wonderful user experience without the worry of complex infrastructure.

Curtis Lacy, the API Network’s chief architect is a man with a bold mission. "The goal of the API Network is to take all the APIs out in the world, and provide a universal mechanism for querying them.  APICoin will provide a transparent and distributed way to compensate developers and service providers for their effort." Curtis has served the past two years as Engine, Inc.’s Chief Technology Officer and has led development on several crypto projects backed by the BitAngels Network.

On June 18th the API Coin crowdsale will go live on the Master Protocol. Founders, developers, and users alike will have the opportunity to claim their share of an open source project that has the potential to unlock the ease of development for the masses. API Coins are generated by the participants in the "API Address", a Bitcoin address starting June 15th 2014. For each one Bitcoin sent to the API Address before July 15th, 2014, one hundred API Coins will be sent back to the sending address. In order to encourage adoption momentum, buyers will receive an additional 10% bonus in APICoins if they make their purchase a week before the deadline and 20% extra if they purchase two weeks before, and so on, including partial weeks, prorating the total purchase accordingly.


Resources:

API Network Website - http://apinetwork.co/
API Network Whitepaper - https://github.com/DavidJohnstonCEO/APINetwork
API Network Facebook Group - https://www.facebook.com/groups/244322819024894/
API Network Reddit - www.reddit.com/r/APInetwork/