Among the companies that took part in the $4 million combined seed and pre-seed round are Blockchain Capital, Maven 11 and other investors.
Superchain Network Raised $4M to Build Decentralized Data Indexing Protocol
The seed round was led by Venture capital firm Blockchain Capital, and participants in the pre-seed round included Maven 11, KR1, Tokonomy and Fansara. Superchain Network, which positions itself as the “Open Index Protocol,” is a decentralized indexer. The platform focuses on organizing on-chain data and allows decentralized application (dapp) developers and users to access the data in seconds.
According to Superchain’s appointment, applications will need a way to interpret and make use of information as demand for block space continues to grow.
Maxim Legg, co-founder and chief technology officer at Superchain Network, specifically appointed: “We believe in unconstrained ownership: no centralized entity should be involved in the relationship between humans and data. With Superchain there is no need to delegate custody or trust to centralized aggregators for access to decentralized data.”
Superchain joins other data indexing protocols such as The Graph and Moralis. It is worth noting that both The Graph and Moralis raised eight-figure rounds last year.
James Corbett, co-founder and CEO at Superchain Network, said: “Incumbents in the indexer space are trying to decentralize Web2 APIs. Superchain takes a fundamentally different approach. Our data is open and ownable by our users, unlocking use cases that are not possible with GraphQL.”
Superchain is currently offering early access for market makers, quant traders, data scientists and dApp developers.
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