"SubQuery's Game-Changing Mainnet Launch on Base Network: Sparking a Synergetic Revolution in Decentralizing Web3 Infrastructure"

SubQuery Network Chooses Base for Mainnet Launch – A Deep Dive into This Groundbreaking Collaboration

The cryptocurrency ecosystem witnessed a seismic move on January 25, 2024, as SubQuery, a trailblazer in web3 infrastructure, announced the imminent launch of the SubQuery Network mainnet on the Base Network, an Ethereum Layer 2 solution conceived by Coinbase. This significant collaboration signifies an exciting chapter in the world of web3 data infrastructure as it brings to life SubQuerys decentralized data marketplace.

The Base Network, which is driven by the open-source OP Stack and incubated by Coinbase, was rightly chosen as the launchpad for the SubQuery Network due to three pivotal factors that echo the ethos of both enterprises.

First on this triad of synergies is Technical Excellence. Both SubQuery and Base cherish a developer-centric design. Base extends full Ethereum Virtual Machine (EVM) compatibility at a mere fraction of the cost, alongside gasless transactions and developer-friendly APIs for account abstraction, seamlessly aligning with SubQuerys developer-first approach.

The second compelling reason is the shared Multi-chain Vision. SubQuery already boasts a clientele on more than 150 supported networks. Bases commitment to network interoperability perfectly aligns with SubQuerys goals, facilitating users to transact and shift across chains affordably and effortlessly, thus fostering a uniform user experience and paving the way for a decentralized future.

Lastly, the Ecosystem Support from Base, incubated by one of the worlds largest centralized exchanges - Coinbase, is a crucial factor. By utilizing this platform, SubQuery benefits from Coinbases product integrations, fiat onramps, and powerful acquisition tools. Further, it enables Coinbases vast ecosystem, housing 110 million verified users and over $80 billion in assets, to easily engage with SubQuerys decentralized data network.

As the visionaries of Base and SubQuery converge, the rationale for choosing Base as SubQuerys operating base becomes clear. As Sam Zou, SubQuery’s CEO, aptly put it, Base’s ecosystem is best positioned to help us revolutionize web3 infrastructure.”

Not to be overlooked in this collaboration is Bases strategic benefit. By becoming the native home of the SubQuery Network, it fortifies its position as the market leader in offering decentralized data indexing and Remote Procedure Call (RPC) infrastructure to its ecosystem.

SubQuerys crucial initiative of decentralizing RPCs and data indexers gains momentum with this alliance. Given that RPC services form the main interface to the blockchain, any outage could echo grave ramifications industry-wide. To tackle this, SubQuery is poised to provide full RPC support via the Base mainnet in March 2024 and aims to decentralize critical web3 infrastructure without compromise.

Ultimately, this partnership between SubQuery and Base represents a strategic handshake that merges technical brilliance with grand vision. For investors and market watchers, the sight of this union of two influential web3 players should be a promising sign. Not only does it signify a bold leap towards a more decentralized future, but it also sparks optimism for the integration of other major platforms, boosting usability and investor appeal across the web3 domain.

For a market thats monitoring every movement closely, this collaboration is nothing short of a testament to the boundless potential of blockchain technology. As SubQuery pioneers a more inclusive and decentralized web3 era with Base, the future of cryptocurrency, as we know it, is poised to transform, marking a new chapter in the annals of blockchains evolutionary journey.