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To : Founder at Covalent
Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks.
Basic Information
Covalent is based around a premier data analytics suite designed to maximize transparency and accountability in cryptocurrency and token offerings. Covalent has indexed and decoded entire blockchains making it available to the developer via a unified API. This provides visibility to billions of blockchain data points for every single wallet. The same API works across 7 different blockchains. Developers cut down time to market from 2 weeks to a matter of hours with Covalent. Moreover, developers can create their own API endpoints for their projects and list them on the marketplace for others to consume. Covalent Query Token (CQT) is the native token of the Covalent Network. CQT is a governance token, whereby token holders vote on proposals to change the system parameters. CQT is a staking asset and validators will earn fees for answering queries. CQT is a network access token which fulfill data queries for users of the API. Covalent does not require the developer to write indexing code or understand the nuances of blockchain data structures.
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