Ankr originated as a project for providing affordable hosting solutions utilising blockchain nodes and shared resources. Leveraging idle computing power, the project gradually evolved into a marketplace for container-based cloud services. The Ankr network enables enterprise clients as well as developers to deploy blockchain nodes in a simple manner that is highly cost-efficient in comparison to public cloud providers that may suffer from centralisation issues such as single point of failure, datacenters that are not distributed geographically and other issues. Ankr is developing an infrastructure platform for Web3-stack deployment to connect end-users as well as resource providers to DeFi applications and blockchain. The network’s token is ANKR, also known as ANKR coin, and is needed to access blockchain functions and has a max supply of 10,000,000,000 tokens.