The Graph Coin Overview
|Project name||The Graph|
|Based on||APIs for dApps|
|Exchange Platform||Binance, Coinbase Pro, Uniswap, OKEx, MXC, Bilaxy, 1inch Exchange, Gate.io, Balancer|
The Graph Coin Price Prediction: The Graph Ethereum based protocol that helps to build dApps quickly on Ethereum and IPFS. Project said to be next generation indexing protocol scalable queries for decentralized innovation in future. the graph allows the user to build and share open APIs that will be making data widely access. So, anyone can contribute with decentralization along with creating an accessible data economy. GraphQL is a network feature that will help perform data-oriented operations across applications using simple queries.
The Graph having the simple vision of eliminating custom servers that means there is no need to develop and maintain serves. as Graph just required simple engineering and hardware resources for storing and operating data. as of now we already reached the maximum level of the centralized system but blockchain created the opportunity of balancing power for individuals.
The network has introduced a web3 protocol stack that manages to bring maximum scale in decentralization. However, this will create a new wave in dApps and change the approach of software that deploys globally. We know blockchain and storage networks are very difficult to manage, as a data store in it is not directly readable to applications. so, web3 has promised to provide a better alternative than the existing centralized network. using, The Graph user can build next-level applications in DeFi, Governance, Grants & Philanthropy, marketplaces, entertainment, and social.
The Graph Coin Price Prediction
|Month & Year||GRT Price Prediction|
The Graph Coin Price Analysis
GRT is an ERC20 standard token built on top of Ethereum Blockchain, it is a utility token of the platform that aims to have multiple uses in the ecosystem. as per the data Graph currently procession million indexing and curation for another network like Uniswap, as a platform also offer incentives for providing services. GRT can be earned by the indexer, curator, delegator, and consumer need to pay in GRT, so GRT will be key important in both sharing and consuming the product on the platform.
GRT earning will be proportional to the work they did for the network and how much GRT token they staking. GRT was available for purchase in ICO sale where it was worth $0.03 and after indexing it reaches $0.18 USD i.e., almost 600%. The graph gets approval for listing from top trading platforms including Binance, Coinbase, and Uniswap, and now within 1 day of listing it already enter into the top 100 crypto projects.