The Graph

What is The Graph (GRT)?

• Decentralised protocol for indexing/querying blockchain data.

• Enables efficient retrieval of blockchain data for dApps using GraphQL.

Tokenomics

• Initial total supply: 10 billion GRT tokens.

• Target annual new issuance: 3% to reward Indexers.

• It uses burning mechanisms; approximately 1% of the supply is burned annually.

As of today #{today’s date}, the price of The Graph is ₹18.65 INR or 0.1995 USD, with a 24-hour trading volume of 60527753.07 USD. The market capitalisation for The Graph is 1999671317.91USD. The circulating supply is 9548531509.17 The Graph, with the total supply also being 10799706720.16 The Graph.

Pros and Cons

Pros:

• Facilitates the development of dApps by simplifying data access from blockchains.

• Offers passive income opportunities through staking.

• Supports multiple blockchains, enhancing its utility.

Cons:

• Subject to market volatility and regulatory uncertainties.

• The ecosystem’s complexity may pose a barrier to entry for new users.

Why Should You Invest in the Coin?

• A fundamental role in the blockchain ecosystem and Web3 space development.

• Offers utility and passive income through staking.

• Caution is advised due to inherent risks and market volatility.

USP of the Coin

• Efficiently indexes and queries blockchain data, facilitating dApp development.

• Acts as a "Google" for blockchains, essential for the decentralised web.

Problem the Coin is Solving

• Simplifies access and querying of disorganised blockchain data.

• Makes blockchain data accessible and usable, promoting dApp development.

Founder and Team Background

• Graph was founded by Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez in 2017.

• Founders have a software engineering background with a vision for improved blockchain data accessibility.

ICO Price

• Raised funds through private/public sales in October 2020 at $0.03 per token.

Risks Associated in Investing in the Coin

• Market volatility, regulatory changes, technical ecosystem complexities.

• The adoption of The Graph protocol, competition, and cryptocurrency market health influence token value.

The Graph’s whitepaper outlines its vision to create a decentralised protocol for indexing and querying data from blockchains like Ethereum. The protocol enables developers to build and publish subgraphs, which are open APIs that applications can query using GraphQL. This system aims to make blockchain data easily accessible and usable, facilitating the development of decentralised applications (dApps).

The whitepaper details the technical architecture of The Graph, including the roles of Indexers, Curators, and Delegators within the ecosystem. Indexers operate nodes that process queries and stake GRT tokens as collateral to ensure the integrity of their service. Curators signal which subgraphs are valuable by staking GRT, guiding Indexers on where to allocate their resources. Delegators stake GRT on Indexers to contribute to the network’s security and earn a share of query fees.

The Graph’s economic model ensures the protocol’s sustainability and growth. It includes a token issuance policy to reward network participants and a burning mechanism to maintain a balanced token supply. The whitepaper emphasises the importance of decentralised governance, allowing GRT token holders to participate in decision-making processes that shape the protocol’s future.

Overall, The Graph’s whitepaper presents a comprehensive solution to the challenges of accessing and organising blockchain data. By leveraging a decentralised network of participants incentivised through the GRT token, The Graph aims to support the development of a vibrant and interoperable Web3 ecosystem.