Bware Labs announced last Friday, September 3, through its Twitter account, it has received a grant from Fantom to support its Blockchain APIs on its decentralized API platform.
“We are pleased to announce that Bware Labs has received a grant from the Fantom Foundation, for the purpose of helping the growth of its network by supporting its API infrastructure needs. As another strong advocate for decentralization and high-performance services in the cryptocurrency world, it was natural for us at Bware Labs to join forces with Fantom, a modular, scalable, and secure smart contract platform”, he said via an article published on the Medium platform.
According to the company, to this end, they have expanded their decentralized API platform to support Fantom Mainnet and Testnet. Visit app.bwarelabs.com to get started with your Fantom endpoint, or if you need guidance, explore docs.bwarelabs.com.
Furthermore, he explained that using the APIs provided by Bware Labs, dApps developers can easily create or port their Ethereum-based solutions to Fantom, to benefit from its high-speed consensus mechanism and customization capabilities.
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Similarly, the company indicated in the context of Fantom’s 370M incentive program for builders, they hope that the availability of these APIs will be very useful for any of the users who want to create DeFi applications on Fantom.
The company explained that Fantom is a fast, scalable and secure layer 1 EVM compliant platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in about 1 second and cost on average one penny. Speed, low transaction costs, and high performance make Fantom ideal for DeFi applications and real-world use cases.
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