SubQuery Network logo
WebsiteTokensoft Launchpad

SubQuery Network (SQT)

IDO

The SubQuery Network is effort to move towards a decentralised and tokenised network in order to ensure no single point of failure for SubQuery and to encourage as many participants in the process as possible.

Funding Round $9 Million

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology

What is SubQuery Network

SubQuery’s mission is to help others create products that allow us to move to a decentralised future faster. SubQuery is a blockchain developer toolkit and the backbone of web3 infrastructure. A SubQuery project is a complete API to organise and query data from chains. Operating between layer-1 blockchains and decentralised apps (dApp), SubQuery is an open-source indexer organising and serving well-structured data over GraphQL. SubQuery powers the next generation of dApps and tools with web3 data.

Currently, anyone can already use SubQuery to extract and query blockchain data in only minutes and at no cost but in a centralised way. The SubQuery Network proposes to enable this same scalable and performant solution, but in a completely decentralised way.

Details

IDO (Tokensoft Launchpad): TBA - TBA
Token supply: 10,000,000,000 SQT
Total tokens for sale: 1,200,000,000 SQT
Raised: 10,800,000 USD

Legal

Registration year: 2021

Token info

Ticker: SQT
Type: Utility-token
Accepted currencies: USDC
Token distribution:
Team & Launch Partners - 20.0%
Public Sale Round 2 - 7.4%
Public Sale Round 2 - 4.6%
Serias A Investors - 15.0%
Foundation & Community - 40.9%
Seed Investors - 12.0%

SubQuery Network Roadmap

1
November 2020

SubQuery is built by the team at OnFinality. While talking to ecosystem teams in 2020, we kept hearing teams repeat the same problems around data processing that was getting in the way of building applications.

2
December 2020

With inspiration from other data players in this space and with a Web3 Foundation Grant to kick start this, we began building SubQuery in December 2020.

3
February 2021

The first version of the SubQuery SDK was released and quickly adopted by leading teams in Polkadot. This includes the first versions of the cli, node, and query services.

4
March 2021

SubQuery releases the first version of its managed service, a free service that provides access to published SubQuery projects made by contributors from around the world and hosted by SubQuery.

5
March 2021

SubQuery raises US$1.8m seed funding to accelerate development from top crypto investors

6
June 2021

SubQuery announces plans for The SubQuery Network, a decentralised and tokenised network that will be the future of web 3 data infrastructure.

7
July 2021

SubQuery releases dictionary support, a precomputed index of on chain data that drastically speeds up indexing.

8
August 2021

SubQuery announces it's US$9m funding round led by Arrington Capital, DCG, Stratos, and Hypersphere to massively accelerate development and scale SubQuery's team and processes.

9
October 2021

SubQuery works closely with the premiere Polkadot parachains to build and deliver extensive EVM indexing for Moonbeam, Astar, and more

10
November 2021

SubQuery solidfies its reputation as the premium data infrastructure provider by delivering a scalable enterprise level managed service to customers

11
December 2021

SubQuery partners with leading parachain teams to launch the $500,000 SubQuery Grants programme to accelerate ecosystem development

12
February 2022

SubQuery releases and updated whitepaper providing more clarity in how the SubQuery Network will operate and it's competitive advantages

13
March 2022

SubQuery extends to other layer-1s by announcing indexing support for Avalache, the first of many new blockchains

14
March 2022

The highly anticipated 'Frontier' test network is launched with support from some of the leading node operators in the industry

Social media

SubQuery Network web-siteSubQuery Network MediumSubQuery NetworkYouTubeSubQuery Network TelegramSubQuery Network LinkedInSubQuery Network TwitterSubQuery Network DiscordSubQuery Network Github

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