API Access

One of the key innovations being pioneered by the PrimeInsights DLP will be to require data users to become stakers in the DLP to access an API for the data set. Data users will be required to maintain a minimum nirVANA balance and will have access to two tiers of API access.

This model will incentivize data users to participate directly in the incentive mechanism for the data that they are using, since nirVANA holders have staked $VANA to the DLP, increasing emissions. Additionally, this will simplify access to Web2 users since they will be able to buy a bag of $VANA and access the API without incurring any additional costs.

Basic Tier

The Basic tier will be available to all nirVANA holders that have staked at least the minimum nirVANA balance. This tier of API access will be limited to certain end-points and will be rate limited. The objective of this tier will be to allow builders to have a simple access point to the data set for hobbyists and non-commercial users.

Pro Tier

Data users that want to access the Pro Tier are required to maintain the minimum nirVANA balance and to sacrifice their yield to access the API key. The sacrificed yield will be redistributed to the other DLP participants (Contributors, Stakers, Owner). This mechanism will increase revenues for all other participants in the ecosystem that do not require access to the API.

Additionally, the Pro Tier can be accessed by Web2 companies by either buying $VANA once and staking it, or through monthly stable coin payments to the Escrow contract. This will provide long tail revenues to Contributors. Access to the data via the Pro Tier API will become the main source of revenue for Data Contributors in future.