api engine 2013 11 25

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DESCRIPTION

http://apiengine.co/ Over this Startup Weekend, APIEngine created an API service for developers that lets them easily connect multiple sources of data such as Twitter and Google Maps using one simply interface. More than just this, APIEngine uses an entirely new model to release this service as an "Open Source" project + at the same time, to monetize the use of this service with a token we call APIcoin. This powerful new model lets anyone host the APIEngine service and offer it to the world in exchange for APIcoin. Thus there is demand for these tokens and whoever offers the API cheapest to developers gets their business. This serves developers by lowering prices for API calls and at the same time pays hosting providers to maintain and improve the application. This is not a Startup or a traditional company. This is a Decentralized Application, which is total open source and all the monetization is done through its tokens. And this is a really profitable model too.

TRANSCRIPT

It’s a Restful API, that aggregates APIs + IMAP

Open Source

Unique Monetization

What’s the Problem?Integrating APIs & IMAP is a headache.Bad Documentation / Data Normalization

APIEngine

Developer App

APIengine the Solution

Community Validation

2 Apps Developed

70,000 Impressions

15 Spec Downloads

10 Developers

Twitter + Google Maps in Minutes

Displays Tweets

Near You

Hot Space

Numbers in Billions

Competitors

New Monetization Model • Issue Tokens to Access the API• Distributed API Web-Hosted for Tokens• Bitcoin Integration in the Backend

Bitcoin Token System

Bitcoin Now $10,000,000,000 Network Value

Its More Than BitcoinMastercoin $100,000,000 Value in 100 Days

$800 per Bitcoin

$103 per Mastercoin

50% 50%

Starting APIcoins “Founder / Funders”

Dev APIcoins “Open Source Contributors”

APIcoinDistribution Method

One more thing…

$5,000,000 USD

DistributedApps.co

DAPcoin

APIcoin$500,000 USD

APIEngine Distributed Application

APIEngine.coDistributedApps.co

Angel.co/apienginecoTwitter.com/APIengineco

Github.com/LDEngine/Engine-Data-ModuleGithub.com/DavidJohnstonCEO/APIcoin-SpecGithub.com/DavidJohnstonCEO/DAPcoin-Spec

https://github.com/LDEngine/Engine-Data-Module
https://github.com/LDEngine/Engine-Data-Module
https://github.com/LDEngine/Engine-Data-Module
https://github.com/LDEngine/Engine-Data-Module
https://github.com/LDEngine/Engine-Data-Module
https://github.com/LDEngine/Engine-Data-Module
https://github.com/DavidJohnstonCEO/APIcoin-Spec
https://github.com/DavidJohnstonCEO/APIcoin-Spec
https://github.com/DavidJohnstonCEO/APIcoin-Spec
https://github.com/DavidJohnstonCEO/APIcoin-Spec

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