Covalent consider themselves richest blockchain data on the internet. Anyone can access that data through Covalent API or contribute to the data. Covalent provides a unified API to all assets secured by a blockchain network. While Covalent Query Token CQT token is a staking token and governance token for the same. The Covalent Query Token ICO/presale will start on 29 April 2021 and will end on 30 April 2021. This is one of the best ICO in April, that you can get. Here is a step-by-step guide on how to buy Covalent Query token (CQT) from CoinList.
Covalent token sale is now completed and you can buy Covalent tokens from Kucoin, Gate, FTX without KYC and from Coinlist Pro(With KYC).
It is very difficult to find potential ICOs nowadays. So, we have created an individual page, where we share potential ICOs, you can check out the upcoming potential ICOs from this page. Another project Efinity token developed by Enjin ICO is going on, here is a step-by-step guide on how and where to buy Efinity tokens.
What is Covalent?
Covalent provides an all-in-one API to bring full transparency and visibility to assets across all blockchain networks. It’s like having a single API to find detailed, granular blockchain transaction data from multiple blockchains with no code. It is very similar to the Graph token, though they differentiate themselves from this points:
Data availability
Covalent wants to get data of every single contract, every single wallet address, and every single transaction over the reserve. This is billions of rows of data and terabytes of data. Other projects only provide a small subset of the available data or only start collecting data once the appropriate query or filter is set up.
Multi-blockchain support
Covalent already indexes and has customers on 7 different blockchain networks with many more to announce soon.
No code needed
There is no need for coding. This means no complicated SQL queries, no subgraph development and maintenance, and no need to invest in highly-skilled (read expensive) developers. To simply retrieve blockchain data, having an engineer do this simple stuff makes it a waste of engineering time. One API and you are done.
Investors of Covalent Token and Partners
As it is one of the biggest data holders. Several of the investors and partners are already part of this project and constantly growing with the platform.
Covalent Token Partners
Covalent token is partnered with more than 100+ blockchain companies like Reef, Chainguardian, NFTX, Zerion, and many more. The partners can use the data of about every blockchain like CasperLabs, Binance chain, Ethereum, Polygon, Skale, Polkadot, NEAR, and several others.
Covalent Token Investors
The Covalent token has a lot of investors and one of the biggest investors is Coinbase Ventures. As I did mention in one of the articles that how and why Coinbase Ventures invested tokens are a big deal and gives a tremendous amount of profits. You can see quite a good number of investors including Binance Labs, Coingecko the cryptocurrency giants.
Here is the timeline how they raised funds to create a full-fledged service.
Covalent Query Token Sale Details
The Covalent Query Token sale allows the community to purchase up to $3,000 worth tokens. The user will get CQT tokens as a pre-launch price from $0.25 – $0.35 per token. There are three sale options for Covalent token sale.
Sale Period: 04/29/2021 at 00:00 UTC – 04/30/2021 at 00:00 UTC
Eligibility: US, China, and Canada personnel not allowed
Minimum Purchase limit: There is no limit
Maximum Purchase limit: $1000 – $3000
Total Supply – 1,000,000,000 CQT
Circulating Supply after 30 days – 282,757,658 CQT
Official website: https://www.covalenthq.com/
There are 3 options available for sale. The option for Covalent token sales is as below. You can choose any of them and get ready with a minimum of $100 USDC in your wallet.
Option 1 | Option 2 | Option 3 | |
Sale Dates | April 29, 2021 00:00 UTC | April 29, 2021 00:00 UTC | April 30, 2021 00:00 UTC |
Lockup | No lockup | 12 months linear release | 24 months linear release |
Release | Instant | Release per month till 12 month | Release per month till 24 months |
Purchase Limits | $1000 | $2000 | $3000 |
Num of Tokens | 10M | 10M | 7M |
Price per Token | $0.35 | $0.3 | $0.25 |
% of Total Supply | 1% | 1% | 0.7% |
Once you have chosen an Option, now you can register for that version of the sale. If you are KYC verified it will just ask for your name and the country you reside in. As you can notice there are no end dates, if the tokens sold out by May 3, then additional supply will be released.
Where to buy Covalent Query Token from Coinlist
Covalent Query Token sale is available for ICO/presale on Coinlist. The process of buying CQT token from Coinlist is very simple and here is a step by step guide to buy Covalent tokens from Coinlist.
Coinlist is a platform for high-rated ICOs. We did saw how FLOW, ROSE, Casper, Rally, SOLANA, and other highly rated ICOs are successfully done here. Above all, becoming an early adopter is always way more profitable than taking risks later. We did saw how 0.1$ FLOW tokens are now worth $33 at the time of writing this article.
Register yourself on CoinList to buy CSRP tokens with this link to get an extra $10 when you trade $100 worth of any cryptocurrency.
If you want to enjoy the early investor benefits, then also register yourself with Hotbit exchange. As it lists each and every coin as early as possible which also gives an early adopter advantage. They currently have around 2500 cryptocurrencies listed.
How to buy Covalent Query Token from Coinlist
You can buy Covalent tokens from Coinlist in presale. Follow this step-by-step guide and participate in Covalent Query Token ICO to buy CQT tokens:
Step I: Register and get KYC verified on CoinList (Use this link to get $10 when you trade $100).
If you face any problem in registering and KYC verified with Coinlist, check out our step-by-step guide video in hindi here.
Step II: After that, as mentioned earlier there are three options to participate in Covalent token sale.
Option 1: $0.35 per token with a no lockup
Option 2: $0.3 per token for a 24-month lockup with linear release per month
Option 3: $0.25 per token for a 24-month lockup with linear release per month
You can choose any of them and get ready with a minimum of $100 USDC in your wallet.
You can choose one of it or all of it and register for the sale. There is currently no minimum for investment in any sale. Once you have registered be ready with your USDC in your Coinlist wallet before the start of the sale.
How to fund your wallet for CQT token ICO sale in Coinlist
You can use USDC, BTC, and ETH to buy ICO tokens like CQT from Coinlist. Firstly, fund your Coinlist wallet before the sale. To fund Coinlist wallet you can use exchanges like Binance, Huobi Global to buy USDT from your local currency. After that, use those exchanges to exchange them into ALGO, CELO and then transfer them to Coinlist. It is recommended to use ALGO or CELO because their fees are extremely low as compared to the other tokens available on coinlist.
Covalent token sale is now completed and you can buy Covalent tokens from Kucoin, Gate, FTX without KYC and from Coinlist Pro(With KYC).
Key Takeaways
To buy Covalent Query Token (CQT Token) in ICO with Coinlist, get yourself registered and KYC verified as early as possible. The CQT token has already partnered with a good number of organizations and expected to be a good investment. Morever, it is always recommended to do your own research before spending your hard-earned money.