API3 has announced it will cease supporting its QRNG service as of January 1, 2025. Originally launched as a free tool to showcase API3’s first-party oracle solutions, QRNG allowed developers to access on-chain data directly, benefiting projects in blockchain gaming, NFTs, and more. The decision reflects API3’s focus on advancing its high-impact, revenue-generating oracle solutions, particularly through the OEV Network, which aims to address protocol MEV within DeFi.
API3 drives a collaborative effort to create a new generation of
blockchain-native, decentralized APIs, or dAPIs — fully decentralized and blockchain-native APIs, which will be set up, managed, and monetized at scale by the API3 DAO. The API3 solution embodies a variety of qualities including security, robustness, cost efficiency, and flexibility. API3 allows smart contract platforms to leverage APIs for the building of meaningful applications in a truly decentralized and trust-minimized way.
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