$2.6Million to be used in building user-friendly Blockchain data Indexing Protocol by Unmarshal

On Friday, a $2.6 million seed funding from a number of crypto industry investors, was announced by Unmarshal, a new project building a blockchain data indexing solution. It is pertinent to state that purpose of the project is to curtail and avoid the difficulty and custom development required in other data protocols.

Black Edge Capital, Genesis Block ventures or GBV, NGC ventures, Spark ventures, BitMax and others were venture funds that participated in Unmarshal’s round. Also, Philip Arthur Moore from Frontier, Ravindra Kumar, Sandeep Nailwal, a co-founder of Polygon, Danish Chaudhari , Aniketh Jimdal  and others were individual investors that joined in the round.

 

To help offer structured blockchain data for industry participants, Unmarshal a building multi-data indexing network is at the service of participants. Binance Smart Chain, Ethereum, Elrond, Polkadot and Substrate-based chains are supported by the network.

Also, a layer-two networks, through polygon, formerly known as Matic will be used by the team to roll-out supports.

Spearrheaded by the Graph protocol, data infrastructure project have achieved a distinctive, level of usage and popularity and according to Manohara, Umarshal is in a similar niche as stated by its co-founder, Manohara Kolgandanaha

 

 

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