Categories: Market

What is SubQuery? SubQuery cryptocurrency completed

What is SubQuery?

SubQuery is a protocol which enables anyone to easily and securely access data from Polkadot’s blockchain, which makes it easier for users to get that blockchain.

Use of SubQuery

Almost every blockchain should procedure and query data, particularly for a thriving and growing ecosystem such as Polkadot, where querying and processing data is quickly and smooth, which is badly needed at a minimal price.

SubQuery is open source, making it quicker, more convenient and more reliable for users to access and application on the Polkadot platform with GraphQL. Thanks to this mechanism, projects can create dAPPs where everyone can find and utilize data on Polkadot reliably and quickly.

SubQuery enables users to extract, transform, manage, and query the initial data, in addition to connect and present the information in the future. Simply place, SubQuery enables users to use Polkadot without spending some time analyzing the Polkadot language. Anyone can easily create and run queries.

The possibility of SubQuery

As explained above, SubQuery is designed to help users optimize resources when generating jobs on the Polkadot platform. SubQuery becomes a part of the core infrastructure for the Substrate / Polkadot ecosystem. Thus, the development potential of SubQuery is determined by the capacity of Polkadot (gambling on SubQuery is gambling on Polkadot).

Polkadot itself is now an ecosystem with fantastic warmth and diffusion (viewed as a heavyweight competitor of ETH), projects on Polkadot have always been born and developed, with fantastic development potential. SubQuery’s power in the future is immense.

Should You Invest in SubSQL?

To answer the above question, we will need to go through these reasons why people choose SubQuery

Product thought

SubQuery is motivated by the concept of The chart , making a bridge for consumers to rapidly and reliably access data on Polkadot, thereby optimizing available resources.

Development team

SubQuery is developed by OnFinality, a professional development group with members and consultants from major substrate projects from the blockchain for example: Moonbeam, Plasm, Acala Network.

OnFinality is led by Sam Zou, a veteran IT programmer (with nearly two decades of development experience), he was also the creator of EasyIT, a startup specializing in the delivery of solutions and applications in New Zealand.

Investors

SubQuery only completed its first round of seeds March 12th with total funding of $ 1.8 million. ) Seed-round investors include funds: Defi Alliance, D1 Venture, Hypersphere Venture, Digital Finance Group (DFG) and Lao.

Token metrics

The project currently does not have any information about the token metric

Public sale

The project plans to market to the general public in the kind of IDO on the current launch pad platforms (quite likely Polkastater).

Subquery user requirements and clients

As mentioned previously, the goal SubQuery is becoming a vital part of the infrastructure of this Polkadot ecosystem, so SubSQL’s major customers will be Polkadot-based jobs, Polkadot Projects. Currently, SubSQL has worked with Acala Network to socialize and encourage projects on Polkadot – Kusama.

Summary

Blockchain itself is an open source of information, but obtaining these sources of information is very hard, requires plenty of resources and time. The arrival of a protocol such as SubSQL for a bridge to address the above problem will open up a great deal of new potentials for the Polkadot ecosystem, confirming the crucial role of SubSQL.

In addition, its forerunner The Graph has confirmed its position and function in the ERC ecosystem with amazing growth. So let us wait and see how SubQuery will perform in the long run when investors speed SubQuery as The Graph by Polkadot.