Ankr Launches Forge Rewards Platform Funded by Infrastructure Revenue

Ankr launched a rewards platform called Forge on July 15, introducing a revenue-based incentive model that diverges from traditional token emission structures. The platform funds rewards through revenue generated by Ankr's existing blockchain infrastructure operations rather than minting new $ANKR tokens. Ankr CTO Stanley Wu positioned the launch as repositioning the utility of the $ANKR token for holders, partners, and the company.

Ankr Forge Platform Converts Holdings Into Mission-Based Points

Users convert their $ANKR holdings and complete missions including on-chain transactions and app interactions to earn Forge Points. Those points determine the allocation each user receives from periodic distributions called Forge Drops. Forge Points also unlock eligibility for token generation event allocations from Ankr's partner projects. Eligible participants started accumulating Forge Points following the July 15 launch. The first Forge Drop is expected to roll out soon, though Ankr has not specified an exact date.

Ankr Infrastructure Processes 1 Trillion Monthly RPC Requests Across 80+ Chains

Ankr operates blockchain infrastructure across more than 80 supported chains and processes over 1 trillion RPC requests per month. RPC requests are API calls that enable wallets, decentralized applications, and services to communicate with blockchains. Revenue generated from this request volume funds the Forge rewards program according to Ankr.

Ankr Positions Revenue-Funded Model Against Emission-Based Competitors

Blockchain infrastructure providers including Infura, Alchemy, and QuickNode compete in the same developer market. Most infrastructure competitors do not have native tokens, which prevents them from offering user-facing incentive layers similar to Forge. The first Forge Drop will demonstrate whether Ankr's infrastructure revenue can translate into rewards that change user behavior at scale.

FAQ

What is Ankr Forge and when did it launch? Ankr Forge is a rewards platform that launched on July 15. It funds incentives through revenue generated by Ankr's blockchain infrastructure operations rather than through token emissions.

How do users earn rewards on Ankr Forge? Users convert their $ANKR holdings and complete missions such as on-chain transactions and app interactions to earn Forge Points. These points determine allocations from periodic Forge Drops and unlock eligibility for token generation event allocations from partner projects.

What infrastructure does Ankr operate to fund Forge rewards? Ankr operates blockchain infrastructure across more than 80 chains and processes over 1 trillion RPC requests per month. The revenue generated from these operations funds the Forge rewards program.