Coinlist announces the launch of Subsquid Network (SQD) project token sale: Details and how to parti

Overview of Subsquid Network (SQD)

Subsquid Network is a decentralized query engine optimized for batch extraction of large volumes of data. Subsquid currently serves on-chain historical data collected from over 100 EVM and Substrate networks, including event logs, transaction data, history and status of each individual transaction.

In addition, the project also uses the decentralized data lake model and SDK toolkit to help build applications for billions of users.

One strength of Subsquid is that it is built on an infinite scalable modular model, allowing developers to get data from the data lake using the Squid SDK, Subgraph or framework to customize the infrastructure to best suit them. with their project. In particular, developers have effective permission-free access to data, aiming to build a neutral and open internet rooted in Web3 principles.

Key highlights:

• Permissionless data access that builders can rely on
• Unified data pool for all Web3
• Open source developer friendly
• The economic model focuses on innovative growth.

Detailed information about the Subsquid Network (SQD) sale on Coinlist

• Public sale starts on 01:00 January 19, 2024
• FDV at purchase price: $125,678,000
• Purchase price: $0.094/token
• Token payout schedule: 20% of SQD is unlocked in TGE and gradually unlocked over 6 months. TGE is expected to occur on or around May 15, 2024.
• Total supply: 1,337,000,000 SQD
• Token supply for sale: 53,480,000 SQD (4*% of total supply).
• Purchase limit: Minimum $50; Maximum $2,000
• Additional purchase request limit: Minimum $100; Maximum $2,000
• Type of coin used to buy: USDC, USDT
• Eligible Participants: Excludes citizens of the US, Canada, China, North Korea, and countries on this list.
• *Added 13,370,000 SQD tokens (1% of total supply) to the reserve for Coinlist to open additional sales to the community at Subsquid's discretion.

=> Link tham gia Public sale Subsquid Network (SQD) 

Instructions for Participating in Buying SQD Tokens

Prepare:

A fully KYC account on Coinlist. Only one account can be logged in per network. Multiple accounts logged in on one network will cause the accounts to be banned.

If you already have an account, click "Log in". If not, then click "Sign up" and perform the KYC process quickly.

*Condition to participate in the sale: CoinList wallet balance is greater than 50 USDT/USDC before the registration deadline January 15.

Step 1: Access link register for Subsquid Network- CoinList and select Register Now.< /span>

Step 2: Select “Get Started” to start registering, then click Continue.

Step 3: In the Residence section, you select the country where you live and tick the box to confirm the above information is correct, click “Continue”.< /span>

Step 4: You complete the questions in the Quiz. Then select Continue.

Step 5: Connect your wallet and join the queue.

In this step, Coinlist requires users to connect their ETH wallet address to track the on-chain behavior that users perform. Connecting this wallet is not required, but you may be selected to participate in the Priority Queue.

*Priority Queue: The Priority Queue is an invite-only queue to participate in the token sale that is significantly larger than the main token sale queue (in the low thousands versus hundreds of thousands based on on recent token sales) and runs parallel to the main queue. While Priority Queue invitees have a higher chance of receiving allocation, allocation is not guaranteed.

After that, Coinlist will send an email requesting to deposit money into the Coinlist wallet.

Step 6: Payment

If in step 5, everyone receives the purchase amount, they will be redirected to the purchase quantity commitment page and have 7 days from January 15 to January 22 to deposit the amount they have committed to Coinlist.

Conclude

After registering, you just need to wait until the sale date. The ability to buy is random, lucky people will get to buy early. You should join the queue as soon as possible to increase the successful purchase rate because the website may put you in the queue if the number of people accessing at the same time is overloaded.