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Can API Alchemy Turn APIs To Gold?

This week sees 3scale launch API Alchemy. This is an education website for developers (and businesspeople and web designers) to share knowledge on how to create and manage APIs.

Although API management and monetization company 3scale is behind this move, the site is said to be vendor-neutral in form. API Alchemy is not product oriented.

API Commons allows developers to share and reuse both public and private APIs under creative common licenses without legal concern.

"API Alchemy provides a broad spectrum of topics from how to build and manage APIs, to crafting a successful API strategy, instituting best practices, or selecting an appropriate revenue model. Material can be technical, academic, or business oriented, and will address both public and private APIs," said Steve Willmott, CEO, 3scale.

The collection allows community feedback and will be built out over time, eventually including community-provided content and rankings.

"The technology and business opportunities APIs present are many, and the market opportunity high. But even though the overall value for developers and business is clear, it's early stage and development around APIs can be tricky," said Kirsten Jones, API ninja and evangelist, 3scale. "With API Alchemy we aim to help both the creators of APIs and the developers who consume them reach their goals faster by sharing outcomes, ideas, use cases, and best practices."

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