The Graph team announced the launch of a decentralised data-indexing protocol on the Ethereum mainnet. Three major exchanges announced the listing of the project’s native token (GRT).
The Graph Network is officially live! People all over the world are coming together to build a vibrant decentralized future on top of crypto networks.
Join the movement and come build the future you want to live in 👩🚀🌍https://t.co/3YVpq4HrFt pic.twitter.com/63rc2z90ac
— The Graph (@graphprotocol) December 17, 2020
The solution will organise information on the blockchain and improve access to applications via public APIs (subgraphs). The indexing tools locate and retrieve information from the Ethereum network, in a manner akin to centralized databases. The project’s team likens its development to an internet without Google.
Community members can create subgraphs and earn from queries to them. Fees and rewards are paid in The Graph tokens.
The listing of the coin was announced by cryptocurrency exchange Coinbase. The asset is available to traders on the Coinbase Pro platform.
GRT is now live at https://t.co/bCG11KMQ6s and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive, or store GRT.
— Coinbase (@coinbase) December 18, 2020
Support for the token was added by the trading platform OKEx. Binance also announced its listing.
A vibrant decentralized future has arrived! Excited to announce our #NewListing $GRT @graphprotocol :
Goes LIVE (UTC) 🕐:
▶️ Deposit: 05:30 Dec 18
▶️ Spot Trading: /USDT 06:00, /BTC & /ETH 07:00 Dec 18Listing details: https://t.co/WxKjr5lMaj
About $GRT: https://t.co/VamlvZewYR pic.twitter.com/AjkAkczugW— OKEx (@OKEx) December 18, 2020
Earlier, the DeFi project Compound unveiled a new protocol, Compound Chain, capable of moving value and liquidity between different blockchains.
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