New York, NY, December 1st, 2022 – Today, Covalent, a Web3 data provider, announced its official partnership with leading blockchain infrastructure provider NodeReal leveraging its MegaNode's remote procedure call (RPC) service to enhance tools for developers. Backed by Coinbase Ventures and Binance Labs, Covalent provides an industry-leading Unified API to query multiple blockchains. By bundling RPC services with Covalent’s structured data offering, builders can create multi-chain dApps and other decentralized projects with greater efficiency, faster speeds, and lower costs when retrieving blockchain information.
As Covalent expands operations to increase universal blockchain data availability, partnering with NodeReal to bundle RPC and data marks a significant milestone toward broader data accessibility for Web3 developers. The Covalent Unified API supports 60+ blockchains and counting, allowing users to pull billions of on-chain data points to power their applications, research, and more.
“Empowering Web3 developers to build with speed and greater efficiency is vital, and why our team is so excited about working with leading infrastructure firm NodeReal,” said Erik Ashdown, Head of Ecosystem at Covalent. “This is the first of many Web3 infrastructure partnerships. We are at a point where building a stronger, more resilient Web3 has never been more important.”
The collaboration will begin with Covalent’s balances endpoint, enabling wallet developers to access token and NFT balances on Ethereum with just one step via Covalent’s API, and will expand offerings in the near term.
“Partnering with Covalent to bundle RPC and data will improve the developer experience for everyone, allowing for more time spent building and less on the information retrieval process,” said Henry Liu, CEO at NodeReal. “As we continue empowering developers globally to create dApps and enhance efficiency, connecting them with a single API for on-chain data will be a game-changer.”
In a recent performance benchmark report - Blockchain API Service Quality: The Three Metrics That Matter, NodeReal conducted statistical analysis on why it lives up to its reputation as the leading API provider with the fastest, most stable, and most scalable service on both RPC and Archive RPC.
To learn more about Covalent, visit covalenthq.com or follow @Covalent_HQ on Twitter.
NodeReal is a one-stop infrastructure and solution provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. It provides scalable, reliable, and efficient blockchain solutions for everyone, aiming to support the adoption, growth, and long-term success of the Web3 ecosystem.
To learn more about NodeReal, visit NodeReal.io or follow @NodeReal_io on Twitter.