Superchain Secures $4 Million Seed Funding for Blockchain Index Startup

02/22/2023 17:59 • Tech Ticker • 134 views

It is reported that Superchain, a blockchain index startup, has completed a seed round of financing of US $4 million to build an open index agreement, which can quickly collect and customize blockchain data for developers to use.

Superchain, a blockchain index startup, completed a seed round financing of US $4 million

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Superchain, a blockchain index startup, has reportedly secured a seed round of financing worth $4 million to develop an open index agreement. This agreement is expected to assist in quickly collecting and customizing blockchain data for developers to use. The seed round was led by some of the notable players in the blockchain industry, including Alameda Research, Polychain Capital, and CMS Holdings.

Blockchain technology is well-known for its security and transparency, which makes it ideal for storing data. However, even if the data is accurate, it is only valuable if it can be easily accessed and used by organizations and developers. Superchain’s platform aims to solve this problem by collecting and organizing data from various blockchain networks, which will then be made available for developers, enterprises, and individuals through a user-friendly interface.

By developing an open index agreement, Superchain enables its users to customize their data requests, which will result in getting more specific data based on their unique needs. This will be incredibly useful for developers who need to access blockchain data for building and testing their software applications. Moreover, with the increase in the number of blockchain networks, Superchain’s platform will make it possible for developers to interact with multiple blockchain networks.

The completion of this seed round is a significant achievement for Superchain. It will provide the company with the financial resources needed to continue building and refining its platform’s capabilities. The participation of several prominent industry players in this funding round is also a testament to the potential value that Superchain can bring to the blockchain industry.

In conclusion, Superchain’s seed round of $4 million will enable it to develop an open index agreement that can collect and customize blockchain data for developers to use. The platform’s customizable feature allows it to cater to the unique needs of different users, which is crucial in the blockchain industry where there is a lot of data to handle. Superchain is expected to play a significant role in simplifying blockchain data collection and usage.

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Superchain Secures $4 Million Seed Funding for Blockchain Index Startup

Superchain, a blockchain index startup, completed a seed round financing of US $4 million

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