What Is Graph Token

What Is Graph Token

General Conclusion

The Graph is seen as the Google of crypto, helping users to query information similar to how we often do in real life. In this article we will learn about three main parts:

  • What is The Graph, what is the idea and product of the project?
  • The relevant information about the main token of the project which is $GRT.
  • Finally, we will combine the above factors to provide an overview of the robustness of the $GRT economics model.

What Problem Does The Graph Solve?

From the user's perspective, they almost don't care much about whether the application is decentralised or centralised. What they really care about is which one is smoother, faster and cheaper.

If the app doesn't meet this, it will gradually be eliminated by other protocols that do better. One of the main problems is accessing data directly from blockchains.

Data output from the blockchain is rarely stored in a format that can be used directly in dapps (decentralised applications). It needs sorting, sorting, and reprocessing so that dapps can process more easily and smoothly.

Looking at how it works, it can be said that Graph is solving a huge problem of data provided for dapp applications on the Web 3.0 platform. The Graph can be considered as a gateway to enter Web3.

No alt text provided for this image

What Is The Graph's Solution?

The Graph's solution is to build a protocol that anyone can access to build and publish APIs called subgraphs. Subgraphs makes it easier to access data from blockchain.

All data is encrypted, stored and processed on-chain with verifiable integrity. Through its API, The Graph makes querying these data fast, reliable and secure.

What Else Did You Miss?

  • The Graph Structure
  • What Is Graph Token?
  • Token Summary
  • Economics Design
  • Token Policy
  • Token Allocation
  • Thoughts and Opinions

Subscribe to?full premium content?for more details.


John G.

Technical Founder @ Shrub

3 å¹´

The Graph is really cool. We are using it for indexing the on-chain option orders at Shrub.finance. It is very straight forward to index smart contracts of interest triggering off of events, and querying in graphQL is very convenient. Certainly saves a lot of time as compared to building your own indexer :)

赞
回复

It's pure genius!

要查看或添加评论,请登录

嘉滢陈的更多文章

  • The Economics of AI Agents

    The Economics of AI Agents

    The market is speaking about AI agents, even creating AI agent memes. This trend is not slowing down and as a matter of…

    18 条评论
  • Tokens of Trust: How AI Agents Are Shaping the New Digital Economy

    Tokens of Trust: How AI Agents Are Shaping the New Digital Economy

    Tokens in AI Agents as the Economics of Trust Welcome to the frontier of the digital economy! Today, we’re diving into…

    4 条评论
  • Case Study: Vesper

    Case Study: Vesper

    Vesper Finance is a DeFi platform that allows users to earn interest on their cryptocurrency holdings. The platform…

  • Case Study: Boyd

    Case Study: Boyd

    Boyd showcases the best in hotels, casinos, restaurants, shows, and more at each of its locations nationwide. The…

    1 条评论
  • Case Study: Triumph

    Case Study: Triumph

    Social play is the heart and soul of Triumph. Team up with your friends, asynchronously and in real time, to take on…

  • Unveiling the Secrets of Tokenomics with Pixels.xyz CEO Luke Barwikowski

    Unveiling the Secrets of Tokenomics with Pixels.xyz CEO Luke Barwikowski

    Welcome to a riveting journey into the world of blockchain gaming! In our latest podcast, we’ve delved deep into the…

  • Ease of Use in Web 3 | Economics With Enzo

    Ease of Use in Web 3 | Economics With Enzo

    In the dynamic realm of Web 3.0, where innovation and complexity often collide, one factor stands out as the linchpin…

  • Navigating the Future: A Deep Dive into Decentralised Physical Infrastructure Networks (DePin)

    Navigating the Future: A Deep Dive into Decentralised Physical Infrastructure Networks (DePin)

    Welcome to another episode of Gio Explains, where we dive deep into the latest industry trends and concepts. In today’s…

    2 条评论
  • Exploring Blockchain Consensus Mechanisms

    Exploring Blockchain Consensus Mechanisms

    Blockchain technology has revolutionized the way we approach decentralized systems, enabling secure, transparent, and…

  • The Social Aspect of Blockchain Gaming Economies Ft. Corey Wilton | Mirai Labs

    The Social Aspect of Blockchain Gaming Economies Ft. Corey Wilton | Mirai Labs

    Are you ready to dive into the fascinating world of blockchain gaming economies? In a recent episode of the Economics…

    1 条评论

社区洞察

其他会员也浏览了