API3 connects blockchain-based smart contracts to real world data
API3’s decentralized API infrastructure connects blockchain applications to off-chain data providers, enabling next-generation use cases in financial derivatives, synthetic assets, prediction markets, insurance products, and more, while maintaining the highest level of security. The project, which graduated from dlab in 2019, raised a $3 million dollar Seed round in the fourth quarter, led by Placeholder VC, with participation from Pantera Capital, Accomplice, CoinFund, Digital Currency Group, and Hashed. API3 subsequently raised $20 million in a public utility token sale in December 2019.
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