Description
Covalent is a pioneering technology project that enhances data accessibility across blockchain networks through its Unified API, which aggregates comprehensive, real-time data from various sources such as nodes, chains, and data feeds. This ensures transparency and visibility of assets, facilitating developers and investors with valuable analytics for decision-making. Covalent's robust infrastructure supports scalable data querying without sacrificing decentralization, thus fostering innovation in DeFi, NFTs, and other blockchain spheres. Commencing as a hackathon project in 2017, it swiftly transitioned into a commercial service, attracting substantial venture capital. With $10 million raised in a public funding round, it introduced the Covalent Query Token (CQT) on Ethereum, designed to solve infrastructure challenges and accelerate blockchain adoption across industries. Supported by a global community and a seasoned team, Covalent continues to redefine how data is accessed in the blockchain ecosystem.
Covalent is a pioneering technology project that enhances data accessibility across blockchain networks through its Unified API, which aggregates comprehensive, real-time data from various sources such as nodes, chains, and data feeds. This ensures transparency and visibility of assets, facilitating developers and investors with valuable analytics for decision-making. Covalent's robust infrastructure supports scalable data querying without sacrificing decentralization, thus fostering innovation in DeFi, NFTs, and other blockchain spheres. Commencing as a hackathon project in 2017, it swiftly transitioned into a commercial service, attracting substantial venture capital. With $10 million raised in a public funding round, it introduced the Covalent Query Token (CQT) on Ethereum, designed to solve infrastructure challenges and accelerate blockchain adoption across industries. Supported by a global community and a seasoned team, Covalent continues to redefine how data is accessed in the blockchain ecosystem.
