The Graph (GRT) - an indexing protocol for querying data for networks such as Ethereum and IPFS, powering many applications in both DeFi and the wider Web3 ecosystem.

Contents:

What is The Graph (GRT)?

Anyone can create and publish public APIs, called subgraphs that applications can query, using GraphQL to get blockchain data. There is a hosted service in production that makes it easy for developers to start building on The Graph, and the decentralized web will go live later this year. The chart currently supports data indexing from Ethereum, IPFS and POA, with more networks coming soon.

To date, thousands of developers have deployed over 3,000 APIs for DAppswap such as:

  • Uniswap;
  • Synthetix;
  • Aragon;
  • AAVE;
  • Gnosis;
  • Balancer;
  • Livepeer;
  • DAOstack;
  • Decentraland.

Graph usage grew by more than 50% in a month and exceeded 7 billion requests in September 2020. To finance the development of the network, The Graph has raised funds from community members, influencers in the blockchain community, including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital and others. The Graph Foundation also successfully completed the GRT public sale, involving 99 countries. To date, as of November 2020, the project has raised ~$25 million.

Project features

Graph is working to bring a robust decentralized public infrastructure to the mainstream market.

Why should you trust the project:

Token To ensure the economic security of The Graph Network and the integrity of the requested data, participants use the Graph Token (GRT). GRT is a performance token that is locked by indexers to provide indexing and network curation services.
Income GRT will be an ERC-20 token on the Ethereum blockchain, used to allocate resources on the network. Active indexers, curators and delegates can earn network revenue in proportion to the amount of work they do and their share of GRT.

Indexers earn rewards for new releases and requests, while curators earn a portion of the subgraph request fees. Delegators receive a portion of the income, which is generated by the indexer they delegate to.

Buying cryptocurrency

The total GRT supply at mainnet launch will be 10 billion tokens, with an initial circulating supply of 1 billion GRT. The release of new tokens in the form of indexation rewards will start at 3% per year. Graph has built an open data layer on top of blockchains: indexers can run their own Ethereum archive nodes to run a Graph Node or use node operators like Infura or Alchemy. If you want to know where to buy GRT, the best cryptocurrency exchanges to trade The Graph shares currently are Binance, OKX, CoinTiger, FTX and Bitget.

Price:

Market Cap: