/biz/ - Business & Finance

>>53025401
>>53026554
>Muh Tsunami API

Maybe IQ wasn't working out, so the team moved to holistic blockchain data querying, congratulations! Parsiq is now competing with Covalent, Shillsquid, and every other raw blockchain data provider on the planet - but the others have expressed a commitment to decentralization, and bigger war chests to boot. Centralized blockchain data? Commoditized and indefensible value proposition, with extremely aggressive next-generation SaaS players on the horizon that even The Graph's team has been mindful of.

>Muh Data Lakes

Parsiq finally decides enter the fray of programmatic indexing, with a fraction of The Graph's resources and expertise, and as a centralized entity. It can likely accomplish more in the way of holistic data aggregation in the short term, by virtue of the fact that it isn't developing with decentralization in mind. But neither are the aforementioned next-gen SaaS blockchain data providers, and they're bringing a lot more technological bells and whistles, funding, and a ruthlessly sober assessment of the landscape informing their strategy.

>Muh fiat onramp

I'd be shocked if a SaaS company like Parsiq didn't have one. The Graph's team painstakingly built the core decentralized protocol, and now they're working on the UX around it, including fiat payments which will be made available before the hosted service is sunset. A fiat onramp is trivial by comparison to the work and research that preceded it, like a cherry on top of the empire state building.

Not done yet.