SubQuery is a blockchain developer toolkit and the backbone of web3 infrastructure. A SubQuery project is a complete API to organise and query data from chains. Operating between layer-1 blockchains and decentralised apps (dApp), SubQuery is an open-source indexer organising and serving well-structured data over GraphQL.&nbsp;SubQuery’s protocol abstracts away blockchain data idiosyncrasies with the SubQuery SDK, allowing developers to focus on deploying their core product without needlessly wasting efforts on custom backend technologies.SQT is a utility token that powers the SubQuery Network with three main use cases:<ul><li>To create a reward incentive mechanism for Delegators and Indexers (node operators);</li><li>To act as a medium of exchange on the network marketplace;</li><li>To enable governance of the protocol.</li></ul>

SubQuery Raises $1.8M Seed Round 

SubQuery raises $9M for Polkadot data protocol

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Public Sales Details:<ul><li>SQT Public Sale Valuation: ~ US$120,000,000 ($120 Million);</li><li>Price per SQT token: US$0.012;</li><li>SQT amount for sale: 4.17% of total supply;</li><li>Total SQT supply: 10 billion SQT;</li></ul>

SubQuery

SubQuery is a blockchain developer toolkit. 

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Name	Total	Unlocked	Locked
Foundation & Community	31.8%	2.65%	29.1%
Team & Advisors	15%	-	15%
Series A	14.5%	-	14.5%
Seed	11.7%	-	11.6%
Mainnet Incentives	8.06%	-	-
Strategic Round	5.50%	-	5.49%
Liquidity	5.00%	-	-
Public Sale	4.39%	4.39%	-
Series B (and 2022 Private Sale)	3.20%	0.96%	2.24%
SQT Seekers Programme	0.50%	0.42%	0.08%
kSQT Conversion	0.22%	-	-
SQT Airdrops	0.18%	0.18%	-

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