Find New | Covalent: A blockchain data query service platform that supports multi-chain indexes

"Find New" is a blockchain project observation project launched by Jinse Finance. It covers the development of projects in various fields of the industry, and the specific design includes project overview, technological progress, fundraising situation, etc., and strives to present you a collection of popular and trendy projects. .

Covalent, a blockchain data provider, works to solve the infrastructure issues that hinder blockchain adoption. Covalent leverages big data technologies to create meaning from hundreds of billions of data points, providing actionable insights for investors and allowing developers to allocate resources to goals of higher utility within the organization. Instead of sourcing data from a handful of chains, Covalent aggregates information from dozens of sources including nodes, chains, and data feeds.

They provide a unified API to bring complete transparency and visibility to all blockchain network assets . Its solutions bridge the database world with distributed blockchain technology. Covalent's API supports multiple use cases such as wallets, exchanges, escrow, taxation, and more. They are the only no-code, zero-configuration solutions on the market, and a robust SDK (software development kit) has been built to address previously unaddressed use cases.

Musk: Multiple Dogecoin community accounts that were mistakenly blocked have been restored: Jinse Finance reported that according to Dogecoin DOGE founder Billy Markus (Billy Markus) disclosed on social media that several Dogecoin community accounts were blocked. To the Twitter ban, Elon Musk quickly responded to this and made the team a bit aggressive in their strategy for dealing with spam bot accounts, which has now been adjusted. Billy Marcus then confirmed to Musk that the related DOGE community account had been unblocked. At the Twitter Space event last Saturday, some community users asked Musk whether they would migrate cryptocurrencies to the Twitter platform. Musk did not reply directly, but said: "dogecoin to the Moon". [2022/12/5 21:23:37]

At present, Covalent has reached a cooperation with the smart contract platform Fantom. By integrating Covalent's indexing solution, developers will be able to seamlessly extract Fantom blockchain data. Additionally, the integration with Covalent allows builders of the Ethereum ecosystem to repurpose their technology for Fantom.

Yi Gang, Governor of the Central Bank: We attach great importance to the protection of personal information of digital renminbi: On November 9, Yi Gang, governor of the People’s Bank of China, said: We attach great importance to the protection of personal information of digital renminbi and have adopted corresponding institutional arrangements and technologies design. The impact of CBDC on monetary policy and financial stability mainly depends on the design of CBDC. If CBDC is more like cash, the impact is relatively limited. However, if it has the attributes of financial assets such as deposits, it may trigger deposit substitution, resulting in the shrinking of financial intermediary scale and reducing the efficiency of monetary policy transmission. [2021/11/9 6:41:54]

In addition, Covalent also supports the following networks. Using Covalent, developers can reduce the time to market from 2 weeks to a few hours. Covalent said the team expects to index a total of 12 blockchains by the end of the year.

Balenciaga may become the first fashion giant to enter the Metaverse: On November 8, after Demna Gvasalia took over as the creative director of Balenciaga, he began to apply technology, digital, virtual and other elements to the catwalk. In the image of Balenciaga's 2022 spring series, the model wears the clothes and Gucci co-branded bags seen in the big show before, and the futuristic machine masks are all hung on the face, which reminds people of the Metaverse concept. Balenciaga has cooperated with the video game "Fortnite" a while ago, designing costumes for the characters in the game, and this game is called the predecessor of the Metaverse by foreign media! It is worth mentioning that not long after the metaverse transition was announced, a tweet appeared on Meta's official twitter: Hey @Balenciaga, what is the dress code in the metaverse? It would not be surprising if Meta really invites Balenciaga to cooperate and launch a wave of joint metaverse projects in the future. [2021/11/8 6:38:42]

A total of 1 billion CQT tokens are issued, and the allocation is as follows: 10% for the seed round, 100 million CQT; 20% for the first round of private placement, 200 million CQT; 3% for the second round of private placement, 30 million CQT; Public offering accounts for 3%, 30 million CQT; team share accounts for 14%, 140 million CQT; consultant share accounts for 2%, 20 million CQT; reserved share accounts for 20%, 200 million CQT; %, 80 million CATs; the ecosystem accounts for 20%, 200 million CQTs.

What is worth looking forward to is that Covalent will be launched on CoinList from 08:00 on April 29, Beijing time The public sale of CQT tokens will be divided into three options:

Option 1 will start at 8:00 on April 29, Beijing time. The token price is 0.35 USD, there is no lock-up period, and the purchase limit for a single address is 1,000 USD. The total amount of this program is 10 million CQT, accounting for 1% of the total amount;

Option 2 will be launched at 01:00 on April 30th, Beijing time. The price of the token will be 0.3 USD, and it will be released linearly in 12 months.

The upper limit of address purchase is 2,000 US dollars, and the total amount of this program is 10 million CQT, accounting for 1% of the total;

Option 3 was launched at 08:00 on April 30, Beijing time. The price of the token is 0.25 USD, and it will be released linearly in 24 months. The upper limit of purchase for a single address is 3,000 USD. The total amount of this program is 7 million CQT, accounting for 0.7% of the total .

Covalent is also favored by capital. In October 2020, Covalent secured a $3.1 million investment co-led by Woodstock Fund, 1kx Capital and Mechanism Capital. On March 25 this year, it completed another US$2 million financing led by Hashed Ventures and participated by Coinbase Ventures and Delphi Ventures.

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