What is The Graph?
The Graph Ethereum based protocol that help 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 allow user to build and share open APIs that will be making data widely access. So, anyone can contribute with decentralization along with creating accessible data economy. GraphQL is network feature that will be help perform data oriented operation across application with using simple queries.
The Graph having simple vision of eliminating custom server 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 at maximum level of centralized system but blockchain created opportunity of balancing power for individuals.
Network has introduced web3 protocol stack that manages to bring maximum scale in decentralization. However, this will create new wave in dApps and changes approach of software that deploy globally. We know blockchain and storage network very difficult manage, as data store in it is not directly readable to application. so, web3 has promises to provider better alternative than existing centralized network. using, The Graph user can built next level application in DeFi, Governance, Grants & Philanthropy, marketplaces, entertainment and social.
The Graph Price Prediction
|Month & Year||GRT Price Prediction|
The Graph Overview
|Project name||The Graph|
|Based on||APIs for dApps|
|Exchange Platform||Binance, Coinbase Pro, Uniswap, OKEx, MXC, Bilaxy, 1inch Exchange, Gate.io, Balancer|
GRT ICO Overview
|Raised by||$12,000,000 USD|
|Date of ICO||23rd October 2020|
|ICO Price||$0.03 USD|
|Partners||Chainlink, Framework, Tally capital, Stakefish, JD capital, Reciprocal, 122 west, Lemniscap, coinbase ventures, coinfund, collider, ParaFi capital, DTC capital, Digital currency group.|
GRT Price Analysis
GRT is ERC20 standard token built on top of Ethereum Blockchain, it is utility token of platform that aim to have multiple uses in ecosystem. as per the data Graph currently procession million indexing and curation for other network like uniswap, as platform also offer incentives for providing services. GRT can be earn by 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 their work they did for 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 to $0.18 USD i.e., almost 600%. The graph gets approval for listing from top trading platform including Binance, Coinbase and Uniswap and now within 1 days of listing it already enter into top 100 crypto project.
Will GRT Token hit $1?
$1 USD expected in 2021.
How much GRT Coin will be worth in 5 years?
Probably worth more than $5 USD
How Much The Graph Token Worth in 2030?
As per our portal prediction and analysis, GRT will worth $15 USD.
Is the Graph a Good Investment?
Long term hodl recommended for The Graph.
The Graph team started their journey 2017 by launching first blockchain based prototype. As the main aim of project is creating best ever platform and simplify building process of dApps. Graph launched mainnet 2020 with decentralized query protocol for accessing data of blockchain and storage network. so, with decentralized approach developer can easily create project aka subgraphs that will be deploy on graph mainnet. At the end The Graph will be having best ever tool for developer point of view that will be having simple query and easy deployment.