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July 2, 2024 · 3 min · SQD Team

Subsquid Becomes SQD

Rebrand SQD Network Announcement
Subsquid Becomes SQD

Overview

Subsquid, a blockchain data infrastructure project, underwent a rebranding to “SQD,” marking what leadership describes as “the beginning of a new era.” The rebrand moves away from cartoon imagery toward a more institutional aesthetic, with the new logo incorporating a block symbol representing their data access layer.

Key Reasons for Rebranding

The company identified several motivations:

  • Market positioning: The previous “Squid” name created confusion, being mistaken for meme coins or NFT projects rather than serious infrastructure
  • Maturity signal: Transitioning from three years of R&D with “hacker mentality” to professional infrastructure provider status
  • Decentralized infrastructure gap: Despite crypto’s emphasis on decentralization, most protocols depend on centralized data providers

The founders emphasized that “decentralization alone is not a great selling point” without service guarantees. SQD aims to prove decentralized networks can deliver institutional-grade reliability.

What Changes

  • New visual identity and logo across all platforms
  • Website migration to sqd.dev (with redirects from subsquid.io during transition)
  • Updated roadmap for 2024-2025

What Stays the Same

  • Token ticker remains SQD
  • Network participation unchanged
  • Token holders experience no disruption

FAQ Highlights

The Squiddie mascot will appear occasionally in community contexts, and a brand style guide is forthcoming.

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