ETHOnline - Covalent API Winners Announced!

As a first-time sponsor at ETHGlobal’s ETHOnline, which is the world’s largest DeFi hackathon, we were blown away by the innovation and creativity of all the DeFi projects! Congrats to a record participation by 1150 hackers from over 77 countries and 220 projects submitted. We had several fantastic submissions using the Covalent unified API to bring transparency and visibility to assets across all blockchain networks. The Covalent API is ideal for hackathons because it is simply the fastest way for teams to access granular and historical on-chain data without code, unlocking One Billion possibilities.

ETHOnline - Covalent API Winners Announced!

Oct 15, 2021

All the teams using the Covalent API built projects which are good enough to be their own startup, and we look forward to seeing some of them take the next step! Check out the winning projects below (in no particular order) which will split the $3000 USD Covalent prize pool!

Splice:

A generative art project that renders deterministic, validated header images for existing NFTs.

Quote from Stefan Adolf, Splice

“ We really appreciated the documentation and the ease of use of Covalent's APIs. It empowered us to access an account's NFT collection and the token's metadata details in no time.

Degen Dogs:

An NFT series that invests in DeFI and streams money to owners. DeFi meets NFTs.

Quote from Mark Carey, Degen Dogs

“ For Degen Dogs, I used the Covalent API to fetch the 'new bid' events from the Auction House contract, which gets emitted each time a new bid is placed during an Auction. The Covalent API makes it really easy to fetch only the data that I really need, along with timestamps for each bid placed.

Sticker Shock:

A tool for hopping between addresses to view the fiat cost of transactions and related gas fees.

Quote from KMac, chanceof.xyz

“ Covalent was ridiculously easy to use.

Greeting NFT Airdrop:

A dapp where users can send a NFT of Greeting Card to someone via email.

Fae WorkSpace:

Discover new tokens, NFTs, news, games, and even new blockchains on Fae Workspace. With social interactions, statistics, a built in portfolio manager, music player, gaming hub, and even a messenger, you’ll be on top of the world of crypto in just a matter of time.

Quote from Taylor Waits, Fae WorkSpace

“ Covalent API is the most organized, versatile, and seemingly limitless API that I have personally used in the crypto space. I have used Covalent in multiple projects already and I know there are many other APIs to choose, however, I strongly believe Covalent is the best and will be the industry standard.

Strangers United:

A Probability of Liquidation demo dapp - Data pipeline to create historical price volatility distributions.

Thanks again to all the participants! See the full list of ETHOnline projects here!

About Covalent

Covalent provides the industry-leading Unified API bringing visibility to billions of Web3 data points. Developers use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 26+ blockchains. Covalent is trusted by a community of 15,000+ developers and powers data for 500+ applications including 0x, Zerion, Rainbow Wallet, Rotki, Bitski and many others.

About ETHOnline

ETHOnline is an ETHGlobal hackathon focused on celebrating an incredible year in Ethereum, bringing the community together at a time when we’re kept apart.

Leilani Ledingham

Product, Covalent

Spotlight

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Open Sourcing a Critical Component of the Covalent Network: The Block Specimen

by niall on Jan 26, 2022

TL;DR:

Covalent is excited to ship 4 brand new products:
- a new whitepaper specification for the “Block Specimen”, a novel invention to securely extract data from blockchains with cryptographic proofs
- an open-source reference implementation of the Block Specimen (a set of patches atop the popular Ethereum client Geth)
- the Covalent Network roadmap
- a set of imagery as wallpapers to celebrate the Covalent Network progress
To date, no one has addressed the read scalability issue in Web3. The Block Specimen presents a unified, canonical schema that can be applied across multiple blockchains.
With the reference implementation now open-source, we expect to see broad adoption of the specification across blockchain ecosystems.
The first phase of the Covalent Network, which includes CQT single-sided staking, is expected to go live at the end of Q1 2022.

Company

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2021 annual report – fourth year in at Covalent

by on Jan 9, 2022

We started working on Covalent over 4 years ago. Looking back, we’ve never wavered in our resolve to build the best approach to understanding blockchain data. It’s gratifying to see the market starting to understand and appreciate our unique approach and philosophy. Here’s a letter I shared with our stakeholders highlighting the key moments that defined Covalent over the last twelve months.

Events

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How to Connect and BUIDL with Covalent at ETHDenver

by melissa on Jan 27, 2022

Covalent is excited to announce that we will be Cypher Sponsors at ETHDenver, which is running from February 11-20, 2022. Our unified API allows developers to build faster and easier using the richest blockchain data from over 28 blockchains. Developers can build entire dApps with just one or two endpoints.

Ecosystem

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Moonbeam Integrates with Covalent, Bringing Data Accessibility to the Platform

by melissa on Jan 31, 2022

VANCOUVER, February 2, 2022 - Covalent, the leading provider of indexing and querying solutions for blockchains, is excited to announce the integration of Moonbeam, the Ethereum-compatible smart contract platform on Polkadot.

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