• Superchain Network has raised $4 million in a combined seed and pre-seed round to build a decentralized blockchain data protocol.
• The platform organizes on-chain data and allows decentralized application (dapp) developers and users to access the data in seconds.
• Superchain joins other data indexing protocols such as The Graph and Moralis, who both raised eight-figure rounds last year.

Superchain Network Raises $4M

Superchain Network has raised $4 million in a combined seed and pre-seed fundraising round to build a decentralized blockchain data protocol. Venture capital firm Blockchain Capital led the seed round, with participation from Maven 11, KR1, Tokonomy and Fansara in the pre-seed round.

The Open Index Protocol

Superchain Network, also known as the “Open Index Protocol,” is a decentralized indexer that organizes on-chain data so that dApp developers and users can access it quickly. Superchain believes in unconstrained ownership of data, eliminating the need for centralized entities to be involved in user relationships with their own data.

Competitors In The Space

Superchain joins other competing protocols such as The Graph and Moralis who have also raised significant amounts of money recently. These protocols are attempting to decentralize Web2 APIs, whereas Superchains is taking an alternative approach by making its own open source data ownable by users, unlocking use cases not possible with GraphQL.

Early Access To Market Makers

Superchain is offering early access for market makers, quant traders, data scientists ,and dApp developers looking to take advantage of its platform capabilities.

Conclusion

With its recent raise of $4 million from major investors including Blockchain Capital, Superchains is well positioned to become a leading player in the decentralised indexing space providing faster access to indexed blockchain data for dApp developers and users alike.