The markets continue their negative course, but there are also those who are already preparing for the crypto bull. The Graph (GRT) he took an important step in this regard. The new grant program announced by the project will positively affect the availability and price of the project in the long term.
The Graph (GRT) News
The Graph, GraphQL it awarded $48 million to its developer, The Guild. The Guild, The Graphhe will join the Web 3.0 network as a core developer in a four-year partnership to facilitate the expansion and development of the existing 31,000 subgraphs of the. The Graph Foundation has announced a $48 million funding grant to The Guild, an open-source API platform, to improve the usability and performance of network subgraphs.
Participating as a core network developer The Guild, which will offer a vast experience since the time when it contributed to and managed the growth of components in the GraphQL ecosystem, a programming language originally established by Meta in 2012. The Graph, the web 3.0 indexing and query infrastructure platform, has invested $248 million in core developer networks over the past twelve months, the most recent of which was a $60 million investment last week in the infrastructure service, Semiotic AI, to accelerate research and development.
The Graph (GRT) Is Improving Its Capabilities
The company continues its work at full throttle to improve its capabilities in the field of cryptography and artificial intelligence. Eva Beylin, Director of The Graph, said that The Guild, the latest core developers of networks, is focused on decentralized finance (DeFi), the metaverse and he shared detailed information about the potential impact it could have on a large number of sectors in the Web 3.0 space, including decentralized autonomous communities.
Eva Beylin stated:
“We are launching this four-year financing process to improve the project’s interrogation capabilities. The Graph by collaborating with developers in its ecosystem, we will allow developers to create feature-rich applications faster using The Graph”.
To date, we have seen many projects that make serious pricing. But in order to become permanent in the ecosystem, you need to generate a benefit and constantly improve yourself. GRT is doing its part in this.