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The Future of API Monetization and Removing Payment Friction

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ProgrammableWeb
ProgrammableWeb

The document discusses the future of API monetization through the API Network, which aims to reward API providers for their services and remove friction from payments. It proposes reversing the Apple App Store model by automatically rewarding API providers with API coins based on the number of API calls on the network. This open source platform seeks to work with API providers to add their APIs and realize its goals of incentivizing providers and simplifying transactions.

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The Future of API Monetization
The Goals #1. Rewards API providers for offering their service. #2. Remove all fiction in the payments process.
#1 Reverse Apple App Store Model The API Network automatically rewards API providers for providing their API on the network. API providers earn API coins (XAP) based on the proportional number of API call they provide on the API Coin system.
#2 How To Remove Payment Fric5on
The API Network Screen Shots
Summary Open Source Platform Rewarding API Providers Removing Payment Friction Work with the API Network to Add Your API
API NETWORK David A. Johnston 443-285-9111 David@APINetwork.co www.APINetwork.co https://github.com/APINetwork/ProtocolSpec

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The Future of API Monetization and Removing Payment Friction

  • 1. The Future of API Monetization
  • 2. The Goals #1. Rewards API providers for offering their service. #2. Remove all fiction in the payments process.
  • 3. #1 Reverse Apple App Store Model The API Network automatically rewards API providers for providing their API on the network. API providers earn API coins (XAP) based on the proportional number of API call they provide on the API Coin system.
  • 4. #2 How To Remove Payment Fric5on
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  • 14. The API Network Screen Shots
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  • 19. Summary Open Source Platform Rewarding API Providers Removing Payment Friction Work with the API Network to Add Your API
  • 20. API NETWORK David A. Johnston 443-285-9111 David@APINetwork.co www.APINetwork.co https://github.com/APINetwork/ProtocolSpec