What is The Graph (GRT)?
The Graph serves as an indexing protocol designed for querying data across networks like Ethereum and IPFS, facilitating a wide range of applications in DeFi and the broader Web3 ecosystem. It enables anyone to create and publish open APIs, known as subgraphs, which applications can utilize via GraphQL to access blockchain data. A hosted service currently in production allows developers to easily initiate projects on The Graph, with a transition to a decentralized network planned later this year. Presently, The Graph supports data indexing from Ethereum, IPFS, and POA, with additional networks anticipated soon. For an in-depth understanding of this project, you can explore our detailed examination of The Graph. As of now, more than 3,000 subgraphs have been deployed by thousands of developers for various DApps, including Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland, among others. The usage of The Graph has been increasing by over 50% month-on-month, reaching over 7 billion queries in September 2020. The Graph boasts a global community, comprising over 200 Indexer Nodes in the testnet and more than 2,000 Curators participating in the Curator Program as of October 2020. For funding network development, The Graph has raised capital from community members, strategic venture capitalists, and prominent individuals within the blockchain space, including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital, among others. Additionally, The Graph Foundation successfully conducted a public GRT Sale, attracting participation from 99 countries (excluding the U.S.). As of November 2020, The Graph has raised approximately $25 million.














