DeltaHub Capital Invests in SubQuery

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DeltaHub Capital

4 min readJun 1, 2022

SubQuery assists developers in creating solutions that allow customers to migrate quicker to a decentralized future.

SubQuery is a blockchain developer toolkit that serves as the backbone of web3 infrastructure. They are facilitating an open web3 data revolution to assist developers in building the next generation of decentralized applications, and we at DeltaHub are fully invested in SubQuery’s quest to open up the Web3 world.

SubQuery’s view that tomorrow’s data services must be multi-chain, simple, and adaptable and its network incorporates these issues into the token economic architecture while also allowing power users to execute enterprise-level applications on it.

Key Factors of SubQuery

The SubQuery Network will be the most open, performant, reliable, and scalable data service for dApps, with a proprietary open-source API between blockchain data and your dApps and tools.

Let’s dive into how SubQuery will decentralize your entire Business stack.

Multi Chain Design

SubQuery works as a community of blockchains working together to promote web3 adoption. It is a native of the Polkadot ecosystem and it will host the SubQuery Network. However, the future is multi-chain. SubQuery understands that many different blockchains will be working together to address various challenges.

The SubQuery Network is intended to accommodate any SubQuery Project that originates from any Layer 1 network (within Polkadot or not). It will be planned and developed from the start to be multi-chain, with projects from one network indexed alongside ones from another.

Simple and easy to use

The SubQuery Network is intended to be the people’s data supplier.

The SubQuery Network’s driving idea is simplicity. Other approaches to decentralized data query services, according to SubQuery, are extremely complicated and make it impossible for users to anticipate their return on investment. The goal is to make it simple for you to join the network and to clearly anticipate your potential return.

SubQuery will not require high staking criteria or a large investment in hardware to participate. The emphasis will be on making SubQuery easier to join and create with than our rivals, because SubQuery’s success is dependent on the success of those who will build the future on it.

Flexible

SubQuery is just a tool in the hands of our community; the only limitation is people’s imagination.

The main benefits of SubQuery may lay in its adaptability — users will be able to alter and transform decentralized data to meet their requirements. This need for flexibility extends to making it simpler for delegators to support alternative indexers fast and simply without having to wait for lengthy unbonding times.

SubQuery’s Payment Method Innovation

SubQuery intends to provide three payment methods within the SubQuery Network, giving all members a variety of customizable ways to interact with the SubQuery Token (SQT). Indexers and Consumers will promote their price and approved payment methods on the Plan Marketplace.

The SubQuery Token $SQT

The token SQT not only powers the SubQuery network by providing an incentive for membership, but it also acts as a means of exchange for SubQuery network transactions.

SQT was coined in order to be tokenized and released on another Polkadot parachain, Acala.

SubQuery envisions that in the future, holders of the SQT token will be able to notify the SubQuery Foundation about their vision for SubQuery’s general direction when the network acquires certain characteristics of a decentralized autonomous organization (DAO).

Follow For SubQuery Social Channels

Stay tuned for more updates through the DeltaHub Community Channels

About DeltaHub Community

DeltaHub Capital is a vibrant and active community which plays an important role in the crypto world. A tokenized decentralized Venture Capitalist (dVC) Pioneer of Community Governance Economic Model (C-GEM) and a battleground for gem hunting backed and supported by us!