The Graph is already being used by so many great projects in DeFi and Web3 and with this new network, the crypto community can work together with powerful incentives to take on the traditional tech and financial sectors and create better systems for allocating resources and creating economic opportunity.” We really believe in decentralization and the launch of The Graph Network is a major milestone for enabling humans to cooperate and organize in a decentralized way. “It feels surreal that after years of hard work, our vision for a global decentralized indexing and API layer for Web3 has become real. Edge & Node has closed $27.5 million to date and is backed by the likes of Coinbase Ventures, Framework, ParaFi Capital, DTC Capital, Reciprocal Ventures, and DCG. This is part of The Graph Foundation’s vision for a decentralized Internet and a booming crypto economy. The growth of The Graph has helped power the growth of the blockchain industry – more decentralized applications are being built now than ever before. Since June, usage of the hosted service has increased 10x, from 1 billion monthly queries to over 10 billion this November, averaging over 350 million queries per day. It has taken three years of hard work and technical ability to develop The Graph Network and build the community of developers.
#THE GRAPH CRYPTO FREE#
The Graph Network is a network of open, global APIs that is free from the hands of big tech, to help evolve the web from a centralized beast to a platform where anyone can contribute and be rewarded for their work. The Graph Network expands the accessibility of decentralized applications through public and open APIs, called subgraphs. It allows developers to easily search, find, publish, and use the public data they need to build decentralized applications.
The Graph Network today launched its mainnet, the first global and easily searchable index of data from blockchains.
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