{"id":583,"date":"2021-06-01T10:33:55","date_gmt":"2021-06-01T10:33:55","guid":{"rendered":"https:\/\/deficoins.io\/?page_id=583"},"modified":"2021-06-01T10:33:55","modified_gmt":"2021-06-01T10:33:55","slug":"the-graph-review","status":"publish","type":"page","link":"https:\/\/deficoins.io\/review\/the-graph","title":{"rendered":"The Graph Review: Why Should You Invest in GRT"},"content":{"rendered":"

The Graph is a Distributed Ledger Technology that facilitates the smooth flow of data from one blockchain to another. Also, The Graph enables dApps to utilize data from other dApps and send data to Ethereum<\/a> via smart contracts.<\/p>\n

The protocol provides the platform where many projects and blockchains can get the data for operational processes. Before the launch of The Graph, there was no other API facilitating indexing and organizing data querying in the crypto space.<\/p>\n

Due to the novelty and benefits of this platform, there was a rapid adoption leading to billions of queries in just one year after the launch.<\/p>\n

The Graph’s API is cost-efficient, secure, and easy to use. The top DeFi platforms such as Aragon, DAOstack, AAVE, Balancer, Synthetix, and Uniswap are all using The Graph to meet their data needs. Numerous dApps are using the public APIs known as \u201csubgraphs\u201d\u00a0 while others function on the mainnet.<\/p>\n

The private sale for The Graph token amounted to $5 million, while the public sale raised $12 million. Some of the companies that funded the private sales include Digital Currency Group, Framework Ventures, and Coinbase Ventures. Also, Multicoin Capital invested $2.5 million into The Graph.<\/p>\n

Nodes keep The Graph mainnet running. They also make the environment conducive for both developers and decentralized applications.<\/p>\n

But other players like the delegators, indexers, and curators, rely on GRT tokens to join the marketplace. GRT is The Graph\u2019s native token that facilitates the allocation of resources in the ecosystem.<\/p>\n

Buy The Graph with Our Top Broker<\/span><\/a><\/div>\n

Contents<\/p>