/biz/ - Business & Finance

Holy shit here goes the enormous GRT bull flag.

Do you use ethereum apps? If so, then you already use Graph every single day.

Uniswap? Aave? Yearn? Sushi? Compound? Whatever it is, chances are it uses the Graph in some way or another. Graph is essential infrastructure for ethereum apps, much like Chainlink and Ethereum itself.

In july they were processing 60 MILLION queries a day, and the growth rate is exponential so that's probably a lot higher now, I'm guessing 100 million plus. Every single ethereum app pays Graph for their data.

Now here's the best part. Graph is in the process of decentralising, which was the purpose of this sale + mainnet. Indexers and curators (people who are providing data to projects like Uniswap) will now need to buy GRT and stake it. Projects like Uniswap will now need to buy GRT to pay for queries. And people who do neither of the above can delegate their GRT, staking it with an indexer and earning passive income.

Don't make the mistake of thinking, this has pumped already. I am too late. This is unironically the only project that has come close to link, in terms of scaleability and broadness of use case. Not buying this here is like not buying Link after it pumped from $0.11 to $0.4