WinkDex, the bitcoin price index created by bitcoin investors and entrepreneurs Winklevoss twins, has introduced a new API for development.
The WinkDex API became available today. The index’s website has the API page with the main information and the suggestions for further application development.
Cameron Winklevoss said that the release of a new API may benefit not only the index but the whole bitcoin community, commenting:
“We’ve spent a lot of time trying to build a really cool tool. Obviously the index will be big for us because it will be used to price any future ETF. But, we also wanted to build on this for the betterment of the bitcoin community.”
The Winklevoss Index, or short Winkdex, was oficially launched in February this year by Cameron and Tyler Winklevoss, well known for their legal clash over Facebook. The index gathers price data from a number of key bitcoin exchanges. The WinkDex aims to give up-to-date price data that j the future will serve as the foundation for the bitcoin ETF and other index’s applications.
Winklevoss mentioned that even though the company suggesting the primary focus will be the facilitation of price data, it’s most likely that other uses may come visible, adding:
“That’s the fun part a little bit, is not knowing what the hell people are going to do on it. It’ll be really interesting to see what people do. And even though ostensibly an API of a pricing product is not super sexy, this matters to the bitcoin community.”
The bitcoin ETF – which will become available under the ticker symbol ‘COIN’ – still awaiting regulatory approval.
Looking ahead, the initiative will see the launch of Android and iOS mobile apps, as well as the expected influx of developer-created apps.
Winklevoss told CoinDesk:
“Over the next year, we’re going to continue to refine WinkDex for its use as a leading data tool for the bitcoin ecosystem.”
The API launch is one step in a broader move by Cameron and Tyler Winklevoss and Winklevoss Capital Management to stake a serious claim in the digital currency world.
The twin brothers are notable members of the bitcoin community, having made significant early investments in the currency. Winklevoss brothers plan to speak at the Money2020 2014 conference in November, and appeared in May this year at a startup trade show in Seoul, South Korea.
However, there was no information provided about when the ETF may launch.