Subsquid building decentralized indexing technology with new $3.8M funding
The company aims to develop a decentralized data query system following new funding. Subsquid, a query node framework for Substrate-based blockchains, announced Thursday that it has closed a $3.8-million seed round led by Hypersphere Ventures.The company said that it expects to use this seed capital for developing the first blockchain indexing solution. The new data query technology, as per the announcement, will tap into a network of indexers and allow anyone to join and contribute data to Subsquid data users.While commenting on the successful seed closure, Subsquid’s technical founder,....
Related News
Blockchain venture capitalists continue to fund Polkadot projects with growing conviction. SubQuery aims to bring data indexing infrastructure to the network. Decentralized data aggregator SubQuery has concluded a $9 million funding round to build Polkadot’s first data aggregation layer, a move that could strengthen data indexing for the emerging interoperability network.The investment funds will be used to continue building SubQuery’s data indexing infrastructure for all Polkadot and Kusama applications, the company announced Wednesday. SubQuery also announced the investment would help it....
Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing project says the induction of Serum Markets will “help surface valuable trading data on Project Serum.” Aleph.im Adds Project Serum Support During the last quarter of the year, the Solana (SOL) protocol and its native asset saw significant growth. In the last three months, SOL has gained a massive 542% and the market cap has entered the top ten....
The project aims to avoid the complexity and custom development required in other data protocols. Unmarshal, a new project building a blockchain data indexing solution, has announced on Friday a $2.6 million seed funding round from a number of crypto industry investors.Venture funds that participated in Unmarshal’s round include Woodstock, Black Edge Capital, Genesis Block Ventures or GBV, NGC Ventures, AU21, Spark Ventures, BitMax, and some others. The round was also joined by individual investors like Ravindra Kumar and Philip Arthur Moore from Frontier, Sandeep Nailwal, co-founder of....
Building the next big blockchain tech company? Pitch at our first-ever Proof-of-Work Competition at Consensus 2016. Your team could take home up to $10,000 in no-strings-attached prize funding — not to mention the admiration of hundreds of potential investors, partners and customers in attendance. We're looking for the scrappy teams that are building the next big thing in bitcoin, Ethereum or broader blockchain technology. Whether you are working on a smart contract application, a bitcoin payment service, enterprise infrastructure or something else entirely, we encourage you to submit an....
Semiotic AI will become the third core protocol developer to join the Web 3.0 network this year and is set to enhance the platform's security, scalability and economic efficiency through the use of emerging technologies. The Graph Foundation has announced a $60 million eight-year funding grant to Semiotic AI in a bid to expand the start-up software firm's research and development capacity in the sectors of cryptography and artificial intelligence.Specifically, the partnership will focus on building the architecture required for automated and verifiable indexing and querying on the Graph,....