SubQuery To Launch Native Token SQD This Friday, May 17

IconCNT15 May, 2024

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SubQuery To Launch Native Token SQD This Friday, May 17

SubQuery, a blockchain-based decentralized indexing protocol, is set to launch its native token, SQD, this Friday, May 17. The project conducted a $6.3 million token sale in January. "To incentivize people to run nodes and participate in the network for indexing data, we definitely need to launch a utility token," said the CEO of SubQuery. "We are 99% sure that we will launch on the 17th, potentially slipping to next week or the week after, depending on the timing with one of the larger exchanges that are planning to list us on the 16th of May, the day before."