Data indexing solution SubQuery Network will be launching on Acala


SubQuery, data indexing solution based on Polkadot, he announced that will launch on Acala parachain.

Both SubQuery Network and SQT will aim to be the first external function and brand to install on Acala’s ambitious DeFi platform.

A few weeks before its launch, Acala is already set to launch dApps

SubQuery, a data mining platform from Polkadot, has announced today that it will launch its SubQuery Network on Acala parachain.

According to an announcement posted on Medium, the project considered a number of options before choosing Acala based on its success and technical expertise.

What made SubQuery a choice, however, was Acala’s implementation of EVM +. Establishing an EVM-linked chain will enable investors from the Ethereum ecosystem to participate in SubQuery’s token generation event (TGE) through Metamask. In addition to being able to use the well-known Ethereum wallet, Acala EVM + users will also be able to link their Ethereum addresses and their Polkadot addresses, effectively eliminating the need to manage multiple accounts.

“In partnership with Acala, the best DeFi platform at Polkadot, we have every confidence in their ability to support us not only in branding but also in the future as micropayments for indexers on networks,” said Sam Zou, founder and CEO of SubQuery.

SubQuery will work with Acala development team to use the first version of the SubQuery Network as a smart partnership in Acala EVM +. As part of the roll-out of promotional networks, the company will push EVM + to its limits and functionality and inventory testing to ensure it can reach billions of day-to-day API requests.

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