Today we’re thrilled to announce our partnership with Encointer, a protocol that aims to provide every human with a digital proof of personhood and a basic income in a local cryptocurrency.
Encointer’s free, easy-to-use technology enables any community around the world to generate their own currency and distribute it regularly and equally among all active participants to boost local economic activity and prevent their communities from being drastically affected by the volatility of economic fluctuations.
With SubQuery’s fast, flexible, open, and decentralised data indexing solution, blockchain developers on Encointer will have the tools needed to easily organise and query on-chain data for their protocol and applications. Abstracting the backend, SubQuery provides a custom API and lets developers focus on product development and user experience rather than building their own indexing solutions.
"The Encointer team leverage SubQuery for community data analysis, debugging onchain events and also for internal monitoring. You can see some charts here that the Encointer team have built which are powered by SubQuery."
— Alain Brenzikofer, Founder, Encointer
Encointer utilises SubQuery to leverage a fast and flexible data indexer. By doing so, Encointer significantly improves data querying efficiency, expedites transaction processing, and gains real-time analytics. With SubQuery’s advanced indexing capabilities, Encointer offers users a smoother experience, while also providing valuable insights into liquidity and asset movements.
"Our mission is to revolutionise the developer experience and provide exceptional tools and services. SubQuery, known for its lightning-fast, flexible, and open indexing solution, is poised to turbocharge the development process for Encointer ecosystem innovators."
— Marta Adamczyk, Technology Evangelist at SubQuery
Encointer will benefit from the superior SubQuery indexing experience, including the open-source SDK, tools, documentation, and developer support that the SubQuery ecosystem provides. Encointer network participants are now able to use SubQuery’s enterprise level managed service to manage their own projects, making updates as required.
Our experience with customers across all verticals in Ethereum, Polygon, Polkadot, Cosmos, Algorand, NEAR, and Avalanche (such as wallets, networks, explorers, NFT, DeFi, scanners, etc.) has helped us build the best Indexer for Developers in web3.
SubQuery is currently focused on decentralising and tokenizing the protocol to build the SubQuery Network. The SubQuery Network will index and service data from projects to the global community in an incentivized and verifiable way and support indexing projects and those from any other supported Layer-1 & 2 from the outset.
About Encointer Association
Our vision is to create a world where economically disadvantaged regions enjoy the same opportunities as others globally. In many underserved areas, individuals lack the purchasing power for desired products and services but possess unique skills and offerings. We are committed to bridging this disparity.
Our free, easy-to-use technology enables any community to generate their own currency and distribute it regularly and equally among all active participants to boost local economic activity.
SubQuery is a leading blockchain data indexer that provides developers with fast, flexible, universal, and decentralised APIs for web3 projects. We empower developers from over 110+ ecosystems including Ethereum, Polygon, Polkadot, Cosmos, Algorand, NEAR, and Avalanche with rich indexed data to allow them to build intuitive and immersive decentralised applications. This blockchain developer toolkit enables developers to focus on their core use case and front-end without wasting time building a custom backend for data processing activities. In the near future, the SubQuery Network will replicate this scalable and reliable solution in a completely decentralised manner.