Let’s say you wanted to make an alternative UI to Twitter without them being able to cut off your developer API access. Instead of calling the API directly, you called a middleware service that rotated the API key with each request so you could still get access to all public data without a single point of failure. Private data and write endpoints aren’t supported. You pay a small amount of tokens per request.
On the other side of the market, anyone could sign up for a Twitter API key, “stake it” in a web app, and start earning tokens to their wallet. Alternatively, they can install a Chrome extension that does the same thing with your in-browser auth token.
It’s a protocol where anyone can run these API relay gateways or contribute their API key to help break the Big Data corporate silos! 💪
Web3 Pitches (W3P) are short product write-ups that describe an emerging problem or opportunity in the Web3 space and proposes a minimal-viable solution that could be tested and iterated with users. The pitches are presented in screenshot essay form, which is meant to be short enough to be consumed on one page of a mobile screen. :-)