BlockchainCointelegraph.comDataUnmarshal

Unmarshal raises $2.6M to build user-friendly blockchain data indexing protocol

The project aims to avoid the complexity and custom development required in other data protocols.
Unmarshal, a new project building a blockchain data indexing solution, has announced on Friday a $2.6 million seed funding round from a number of crypto industry investors.Venture funds that participated in Unmarshal’s round include Woodstock, Black Edge Capital, Genesis Block Ventures or GBV, NGC Ventures, AU21, Spark Ventures, BitMax, and some others. The round was also joined by individual investors like Ravindra Kumar and Philip Arthur Moore from Frontier, Sandeep Nailwal, co-founder of Polygon, Aniketh Jindal, Danish Chaudhari and others.Unmarshal is building a multi-chain data indexing network that would help offer structured blockchain data for industry participants. The network supports Ethereum, Binance Smart Chain, Elrond, Polkadot and Substrate-based chains. The team expects to roll-out support for layer-two networks through Polygon, formerly known as Matic.Data infrastructure projects have achieved a significant level of popularity and usage, spearheaded by The Graph protocol. Unmarshal is in a similar niche, Manohara Kolagondanahalli, its co-founder, told Cointelegraph:“Unmarshal is a complete end to end data network. We serve customised data needs for clients without asking them to code. Where The Graph needs developers to build subgraphs, we can provide more generic data such as wallet balance, transaction history for any address etc.”Though some of the data can be obtained from free APIs, Kolagondanahalli believes that the data is insufficient. “APIs provided by blockchain are block specific or state specific. It will be difficult to answer questions …
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