Bware Labs
INFRA

$0.05727224

-2.68%
  • Market Cap
    $286,791.589
  • 24 Hour Trading Vol
    $1,538.536
  • Fully Diluted Valuation
    $5,727,224.415
  • Circulating Supply
    5,007,463
  • Total Supply
    100,000,000
  • Max Supply
    100,000,000
Bware Labs
Bware Labs decentralized API supplies RPC/REST/WSS/GraphQL endpoints with incentives for node operators via BWR staking.
Socials
Category
Blockchain Infrastructure
Bware Labs Converter
INFRA
1 INFRA = $0.05727224
INFRA Statistics
  • Bware Labs Price
    $0.05727224
  • Trading Volume
    $1,538.536
  • Market Cap
    $286,791.589
Bware Labs Price Chart (INFRA)

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24h
7d
30d
3M
1Y
YTD
-2.68%
-6.71%
+0.49%
+2.20%
-55.81%
-16.38%
About Bware Labs

About Bware Labs Decentralized API

Decentralized Infrastructure for Everyone

Bware Labs is focused on addressing Web3 challenges and supporting wider global adoption through the industry's high-performance, dependable infrastructure services and development tools. 

With Bware Labs, the aim is to build a development and infrastructure environment that can accompany Web3 builders across their entire Web3 lifecycle.

How it works

Platform users can pick from different subscription options based on their needs, and they receive ready-to-use endpoints (RPC, REST, WSS, GraphQL) for whichever networks are supported at the time. At launch, Binance Smart Chain and Ethereum are already supported.

Node Providers, meanwhile, can connect their Full Nodes to the platform’s infrastructure and earn rewards by handling API requests.

Although the long-term intention is to run a decentralized system, the infrastructure is initially delivered by Bware Labs using its own servers. This approach helps the team understand what will be required from future partners and adjust the infrastructure before onboarding third-party Node Providers.

Later, once enough third-party Node Providers are onboarded, most Bware Labs Nodes will be retired, and the team will shift to providing support and monitoring.

User benefits and constraints

As a Platform user, you can get an endpoint to interact with any supported network (currently ETH and BSC) in just a few clicks through an easy-to-use interface. To sign in, you must connect your Metamask wallet and confirm each action with that same wallet, so the platform can verify the intent of each operation and that a real human is carrying it out.

On the free tier of the product (currently available), you can create one endpoint per supported network, with up to two endpoints total, while request volume is capped at 120000 per day.

Node providers

By joining the platform as Node Providers, future partners can earn rewards for the first time by hosting and maintaining a Full Node for a specific blockchain.

The team will introduce a Node Integrity Protocol to help ensure both the Node Providers meet the requirements and act appropriately. Combined with an advanced monitoring setup, this protocol is intended to deliver a strong level of reliability and security for users, even without full control over the actual full nodes executing requests.

To encourage proper behavior from partners, each full node operator must stake an amount of BWR tokens before being allowed into the infrastructure. The required amount will be set by BwareLabs at first and then revised through the platform’s governance process.

BWR token utility

The BWR ERC20 token is designed to participate actively in the infrastructure economy;

Node Providers must stake tokens to take part in the marketplace;Other users can delegate to a Node Provider to receive a share of profits;Staked tokens are governed by a slashing mechanism aimed at supporting uptime and good conduct;The rewards earned from company validators will be directed toward improving token liquidity;Governance over future development initiatives and enhancements to the Decentralized Infrastructure Protocol depends on BWARE token holders.
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