DCG leads $205M growth fund for The Graph
The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered around decentralized applications.The ecosystem fund was financed by Digital Currency Group, Multicoin Capital, Reciprocal Ventures, Gumi Cryptos Capital, NCG and HashKey. The fund’s stated purpose is to accelerate the growth and development....
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The Graph leads the altcoin market, gaining 38.6% as subgraphs migrate to its decentralized mainnet with the help of Graph Grants. As the growing digital economy undergoes a transition from Web2 to Web3, oracle and data providers are becoming an increasingly important sector for ensuring the reliable sharing and transfer of information. The Graph (GRT) is one protocol that is spearheading the integration of blockchain technology with data management and retrieval through the creation of open APIs known as subgraphs. Data from Cointelegraph Markets Pro and TradingView shows that since....
The Guild will join the Web 3.0 network as a core developer in a four-year partnership to facilitate the expansion and development of The Graph's existing 31,000 subgraphs. The Graph Foundation has announced a $48 million funding grant to open-source API platform The Guild in a bid to advance usability and performance of the networks subgraphs.Joining as a core network developer, The Guild will provide vast experience from its time managing and contributing to the growth of components within the GraphQL ecosystem — a programming language initially established by Meta, formerly Facebook, in....
The graph was a notable mover in Friday’s session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today’s session, with chainlink also seeing its price climb by a double-digit percentage. Overall, the global crypto market cap is up 1.92% as of writing.
The Graph (GRT)
The graph (GRT) was one of the big movers in crypto markets on Friday, as prices of the token surged by over 16%.
Following a low of $0.1082 during Thursday’s session, GRT/USD rallied to an intraday high of $0.1373 earlier today.
Today’s....
Semiotic AI will become the third core protocol developer to join the Web 3.0 network this year and is set to enhance the platform's security, scalability and economic efficiency through the use of emerging technologies. The Graph Foundation has announced a $60 million eight-year funding grant to Semiotic AI in a bid to expand the start-up software firm's research and development capacity in the sectors of cryptography and artificial intelligence.Specifically, the partnership will focus on building the architecture required for automated and verifiable indexing and querying on the Graph,....
Protocol infrastructure company StreamingFast is the recipient of the full $60 million grant. It will work with The Graph to further develop its decentralized internet ambitions. The Graph Foundation, the grants program behind the Ethereum (ETH) indexing protocol, has tapped StreamingFast to further the development of its so-called decentralized internet, potentially setting the stage for more real-world use cases of Web 3.0. StreamingFast will provide The Graph with its infrastructure platform, core IP and API products, as well as access to core developers and other human resources, the....