SubQuery. Form your decentralized order correctly
In the current crypto space where businesses are mushrooming, it is important to bring your unique idea to the maximum benefit of ordinary users and established communities. Therefore, the practical intention of the project is to provide services and help creators and developers to generate such information products that will enable more efficient and faster transition to a decentralized future. SubQuery acts in this capacity as a pool of tools and assets for developers of new blockchains that will form the foundation of the interconnection and infrastructure of the Web3 criterion. The team is committed to the powerful push and open data revolution of Web3, for practical support in building next-generation decentralized applications. Development consists in researching and transforming existing information of existing chains and networks in order to create dApps that will be understandable even to a schoolboy
SubQuery as a business model of the crypto world is in line with the expectation of having its own open source API between blockchain data, applications and user tools. The decentralized future of SubQuery is envisioned as an interconnected network of subqueries created by partners and end users, where indexers, consumers, contributors, delegates, and architects are the main actors. Our project now serves leading mainnets such as “Polkadot”, “Substrate” and “Avalanche” and allows you to focus on your own use case and frontend instead of wasting time writing a custom data processing backend
The dominant example in this field is the study of the “Hello World” subquery. At the same time, using a template project in the “Docker” environment, it is possible to quickly launch a node and start requesting information from the blockchain in a matter of minutes using a few simple commands. Roughly speaking, the algorithm for generating a subquery (for starting a working project) consists of the following data: — Local development environment, — Establishment of the subquery command line interface, — Initiation of the initial subquery project, — Setting up and building the primary project, — Generation of the “GraphQL” model, — Building the project, — Launching and requesting the user’s initial project, — Launching its own projection of the sub-request and the project as a whole
Security unit of the project — tokenization
The network has an end in itself to provide value where indexers can index, aggregate, and subsequently serve blockchain data and make it available quickly and easily to consumers (users) who need the blockchain data to run their applications. The subquery network works on the basis of a subquery token (SQT). SQT can be said to be an organic natural solution that allows market participants to transact and transfer value. The Subquery Token (SQT) functions as a utility token that supports the Subquery Network, provides an incentive to participate, and also serves as a medium of exchange for transactions in the Subquery Network. Data consumers will make SQT in exchange for data from indexers, and this SQT will be distributed among indexers depending on the chosen payment method. This token is an auxiliary and incentive mechanism that governs the network. This methodology associated with the crypto industry ensures that the fundamental value of the subquery directly determines the value of the token. Moreover, it should be noted that SQT is not intended to be used as a means of exchanging goods or services outside of the “SubQuery Network”.
And it is important to understand that SQT does not in any way grant its owners any copyright, ownership, interest or participation, ownership or control of SubQuery. SQT, contrary to common market understanding, also does not make any promises of commissions, dividends, income, profits or investment returns to holders
Author Evgeniy#6220 (Discord)