Subsquid is a decentralized indexing protocol and blockchain ecosystem designed to facilitate the development of DApps and the analysis of large volumes of data. It allows users to extract, manage, and store data using the Subsquid network, Subsquid Software Development Kit (SDK), and Subsquid Cloud.
As of 2024, the platform secured over $3.8M in its seed funding round and aims to raise additional $6.283M in the public Subsuid token sale round on CoinList.
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Subsquid is a blockchain ecosystem and data lake that enables blockchain developers to search, extract, process, and store information in one place. The entire Subsquid ecosystem is powered by the native $SQD token. This token is utilized for rewarding ecosystem contributors, staking delegation, reducing gas fees, and gaining access to exclusive datasets.
The project has already announced future airdrop and allocated 2% of the whole token supply to reward a limited number of testnet participants.
<a href="https://coinlaunch.space/projects/subsquid/" title="Subsquid (SQD)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/subsquid.png" width="224" alt="Subsquid (SQD)"></a>