Storing and sharing information has become increasingly important as data forms the backbone of any decision in the modern world. Current blockchain projects do not provide a platform where developers and users can easily share information. The Graph (GRT coin) was created to address this issue.
In summary, what is The Graph? What is GRT coin? What is the potential of this project? Should you invest in GRT coin? All will be answered in the content of the article below.
Contents
- 1 What is GRT Coin, What is The Graph in crypto?
- 1.1 What is The Graph?
- 1.2 The idea behind The Graph – What is GRT coin?
- 1.3 What Makes The Graph (GRT coin) Special?
- 1.4 How Does The Graph (GRT coin) Work?
- 1.5 What is GRT coin?
- 1.6 Allocation of GRT coin
- 1.7 Basic information of GRT coin
- 1.8 How to Earn GRT Coins?
- 1.9 Buying, Selling and Storing GRT Coin
- 1.10 Potential Development of Graph (GRT Coin)
- 1.10.1 The Graph has Integrated with Polygon
- 1.10.2 The Graph has Integrated with NEAR
- 1.10.3 The Graph has Integrated with Solana
- 1.10.4 The Graph has Integrated with Arweave
- 1.10.5 Funding for Semiotic AI with a Capital of 60 Million Dollars
- 1.10.6 Funding for The Guild with a Capital of 48 Million Dollars
- 1.11 How to Become a Core Network Developer?
- 1.12 Pros and Cons of GRT Coin
- 1.13 Should You Invest in GRT Coin?
What is GRT Coin, What is The Graph in crypto?
What is The Graph?
The Graph is regarded as the Google of the Crypto world, a protocol that allows indexing and querying data from Blockchain. The Graph project enables anyone to access, build, and publish APIs, also known as Subgraphs. Subgraphs make accessing data from Blockchain easier.
After deploying its mainnet in December 2020, The Graph (GRT) quickly became one of the leading platforms for analysis, content storage, and data querying in the Web 3.0 sector. Currently, The Graph supports many Blockchains such as Ethereum, Solana, Near, Celo, … and Ethereum’s Layer 2 like Polygon, Arbitrum, Optimism,…

The idea behind The Graph – What is GRT coin?
The idea for The Graph was conceived in late 2017 and officially introduced in the summer of 2018 by Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez. The trio had previously worked together in various software development companies. They shared the goal of making it easier for developers to build powerful software. In 2017, they turned to Ethereum and began building dApps on this blockchain.
Why did they choose Ethereum?
Today, people mainly rely on intermediaries like Amazon, Microsoft, and Google to store all their data. These companies hold more than 50% market share, meaning many companies and individuals depend on them using centralized APIs (Application Programming Interfaces).
=> These intermediaries can choose who has the right to access and use this data. Often, much of the data is only accessible for a fee. This leads to market dominance and incredible revenue for these intermediary companies from these charges.
The Graph’s founding team realized a core issue: without the ability to index and query data, powerful applications cannot be created without latency. Therefore, they turned to blockchain and its decentralized nature, offering speed advantages and cost reductions.
Thus, The Graph was born.
The project raised capital several times, totaling around 25 million USD. It was supported by major names including Coinbase Ventures and Multicoin Capital. The first GRT token sale was held in October 2020, but only 4% of the total supply was sold at that time. More details on the distribution of the supply will be discussed later.
What Makes The Graph (GRT coin) Special?
Imagine you have an exam with questions from a 500-page book. This book has no index and is just full of text that you need to search through for answers. Needless to say, it would take a lot of time to find the answers, and there is no way to organize it.
=> If you could quickly sort this data using a website to find the answers, you would save both time and energy.
Now, apply this to the cryptocurrency world, think of the book as a blockchain and you as a Dapp developer.
As we know, everything on the Ethereum blockchain is publicly displayed.
For example: every transaction on Uniswap, built on Ethereum, is found there.
It is also known that many developers want to build applications leveraging data found on the blockchain to create research tools, for example. However, without a way to query data from the blockchain, it’s impossible to extract information from it quickly and efficiently.
=> And that is the mission of The Graph.
Do you understand the importance of The Graph now?
Usually, books need an index for easy reference. In other databases, they are organized according to a rule so that APIs know where to look for the data they need.
But APIs are centralized entities (managed by someone), while with The Graph, they want to create decentralized data retrieval tools.
In summary, The Graph has attracted industry attention because it solves one of the biggest challenges affecting the industry. Did you know that several cryptocurrency experts have expressed the opinion that GRT coin deserves to be in the top 10 leading cryptocurrencies?

How Does The Graph (GRT coin) Work?
In summary, The Graph is a service for indexing data from various blockchains using open APIs – referred to as “Subgraphs”. Graph ensures that these “Subgraphs” are always open for indexing, allowing developers to build tools based on that data indexing.
The Graph operates by indexing Ethereum data based on the Subgraph Description, an action called Subgraph Manifest. The Subgraph Description then proceeds to identify the Smart Contracts of interest for a Subgraph. Attention is also needed for the events in those Contracts, as they map event data to stored data in The Graph’s Database.
When performing Subgraph Manifest, you must use the Graph CLI to store the definition in IPFS. At the same time, the hosting service must be requested to start indexing data in the Subgraph.

Specifically, a process will occur as follows:
1 – First, through a Smart Contract transaction, a dApp will add data to Ethereum.
2 – During processing, the Smart Contract will generate one or more events.
3 – Next, the Graph Node will continuously scan Ethereum with the purpose of searching for new Blocks added to the data for your Subgraph.
4 – The Graph Node continues to search for Ethereum events for your Subgraph in the Block and runs the mapping program you provided. This mapping can be a WASM Module or updated from data entities that the Graph Node stores, responding to Ethereum events.
5 – At this point, the dApp will query the Graph Node for data from Blockchain that has been indexed, using the Node’s GraphQL endpoint. Then, the Graph Node will translate the queries from GraphQL into queries for its underlying data repository to fetch this data, leveraging the indexing ability of the Store.
6 – The dApp displays this data on the user interface and they use it to issue new transactions on Ethereum.
7 – A new cycle begins and it repeats the above steps.
What is GRT coin?
GRT coin is the primary currency of The Graph. This Coin plays an important role in the network, helping to coordinate activities that take place on The Graph. GRT Coin is an ERC20 standard token. Below are some basic information about the GRT Token.
- Ticker: GRT
- Blockchain: Ethereum
- Token Standard: Native token
- Token type: ERC 20
- Circulating Supply: 9,548,531,509
- Total Supply: 10,000,000,000 GRT
GRT coin has an initial supply of 10 billion. But it is subject to an inflation rate of 3%. However, with the project’s structure, GRT coin can become deflationary. This is because from the data query fees, 1% is always burned. From a certain perspective, this is not bad, remember that Ethereum also had a higher inflation rate than 3% before EIP-1559, while still providing good returns.

Allocation of GRT coin
The Graph Foundation believes that the allocation of GRT Tokens should first target those who have contributed to the development of The Graph so far. Additionally, they also plan to sponsor new contributors in the future. To achieve this, The Graph team sought to contact all developers, community users who have contributed to the protocol and ecosystem development. The specific allocation of GRT is divided as follows:
- Graph Foundation: 58%
- Educational Programs: 6%
- Curator Program Grant: 9%
- Testnet Indexer Rewards: 9%
- Bug Bounties: 1%
- Public GRT Sale: 12%
- Strategic GRT Sale: 6%

Basic information of GRT coin
- Ticker: GRT (ERC20)
- Date: 22/10/2020 at 11:00h
- Location: sale.thegraph.com, Ethereum Blockchain
- Registration closed: 15/10/2020 at 14:00h
- Amount sold: 400,000,000 preGRT (converted to 400,000,000 GRT)
- Token price: $0.03/preGRT
- Accepted currency: ETH
- Individual purchase limit: $1000 – $5000 for each registrant
- Lockup: Unlocked at launch
- Conditions: Only for participants outside the United States, some legal jurisdictions excluded.
The Graph conducted the sale of GRT Coin with the aim of optimizing the distribution of Tokens to community members intending to participate as Indexers, Curators, or Delegators. Specifically, this sale was carried out in the following three stages:
- Phase 1: For priority individuals, they will be allowed to purchase up to their individual limit. Priority individuals are determined based on community contribution and Anti-Sybil detection during registration.
– Sale time: 11:00 on 22/10/2020. - Phase 2: For all registrants who can purchase up to their individual limit. A minimum of 100,000 GRT will be sold in this phase.
– Sale time: 11:00 on 23/10/2020. - Phase 3: If the GRT Coins are sold out in Phase 2, there will be no Phase 3. If not sold out, registered users will be allowed to purchase any remaining amount.
– Sale time: 11:00 on 24/10/2020.

How to Earn GRT Coins?
To earn GRT Coins, there are several methods you can participate in, such as:
- Trading GRT on listed exchanges.
- Participating in the GRT Sale program.
- Joining The Graph’s ecosystem, where you have the opportunity to become an Indexer, Curator, or Delegator to earn profits and rewards from the system.
- Participating in the Bug Bounty program to find vulnerabilities and receive rewards.
- Spending time participating in competitions organized by The Graph, such as Hackathon contests.
Buying, Selling and Storing GRT Coin
The current market price of GRT coin is $ 0.143687 and it is ranked 83 in terms of market capitalization, according to Coinmarketcap. This coin can be traded on listed exchanges like Binance, Huobi, OKEx, Huobi Global, CoinTiger, and FTX.
As GRT Coin is an ERC20 standard token, if you are a Holder, you can choose safe storage wallets such as Trustwallet, Ledger Nano X, MyEtherWallet, MetaMask, etc. However, if you are a Trader, you can use the wallet available on the exchange.
Potential Development of Graph (GRT Coin)
The main factor that will lead to a price explosion of GRT coin in the future is its increasing partnerships, contributing to making Graph more popular and driving the demand for GRT coin. For example:
The Graph has Integrated with Polygon
Earlier this year, The Graph established an important partnership by integrating with the Polygon ecosystem and chose it as the basis for a new payment system. By building this unique payment technology on Polygon, querying data through Graph becomes more seamless.
=> This will ultimately promote the development of dApps on Graph by reducing additional costs. Moreover, Graph is also positioning itself as the Google of Web3.0.
The Graph has Integrated with NEAR
Graph partnered with NEAR in February 2021 to bring indexing and querying features to the NEAR blockchain. This partnership will allow developers to seamlessly build applications on NEAR, using The Graph protocol.
This integration will also help The Graph network accelerate its goal of enhancing the overall development of Web 3 and assist developers in building interactive applications. Ultimately, Graph will gain more acceptance, pushing the price of GRT coin even higher.
The Graph has Integrated with Solana
Graph also announced their successful integration with Solana. This means Solana developers can connect their dApps with the real-time data they need to support price feeds, smart contracts, and complex transactions.
Additionally, The Graph will start syncing Solana subgraphs & begin supporting data needs on the Solana blockchain ⛓️
This will unlock Solana queries at scale!
— The Graph (@graphprotocol) November 8, 2021
The Graph has Integrated with Arweave
The Graph Foundation recently announced plans to integrate with leading decentralized protocol, Arweave. It allows users to store data permanently and sustainably with a one-time fee. With this integration, subgraphs of The Graph protocol can read data stored on the Arweave protocol, allowing faster and more efficient access.
Furthermore, the integration will enable The Graph protocol to better support building dApps in the booming NFT sector.
Funding for Semiotic AI with a Capital of 60 Million Dollars
The Graph Foundation announced an 8-year grant worth 60 million USD for Semiotic AI. Semiotic AI will become the third core protocol developer to join The Graph’s (GRT) Web 3.0 network. This partnership will focus on building the architecture necessary for automatic and verifiable indexing and querying on Graph, besides developing micro-payment functions using ZK-SNARK proofs.
The Graph core developers continue to grow!@graphgrants is pleased to award a grant to @semioticai – an AI & cryptography startup that builds secure automated decision-making tools for decentralized markets ????????https://t.co/ZB7umz4ujV
— The Graph (@graphprotocol) December 9, 2021
Funding for The Guild with a Capital of 48 Million Dollars
Following that, The Graph Foundation announced a 48 million USD grant for The Guild to enhance usability and performance of subgraphs.
The Graph Foundation is happy to welcome the leading GraphQL development team @TheGuildDev as a core developer!
The Guild has been awarded $48 million from @graphgrants to contribute to subgraph & protocol R&D to build out API features! #GraphQL ????✨????https://t.co/YVoIH5sNWW
— The Graph (@graphprotocol) December 15, 2021
How to Become a Core Network Developer?
By joining as a core network developer, The Guild will provide extensive experience from managing and contributing to the development of components in The Graph ecosystem.
As of the time of writing this article, The Graph (GRT) has spent a total of 248 million USD on their core developer network over the past 12 months.
=> The Graph’s (GRT) latest effort shows that the project is betting big on the Web 3.0 trend, which is as popular a topic as the metaverse and NFTs. If this collaboration is successful, the ranking of Graph will undoubtedly be pushed very high.
Should You Invest in GRT Coin?
Now that you have learned about what GRT coin is, it’s clear that Graph (GRT) is becoming increasingly popular as it has solved one of the biggest challenges of the Ethereum ecosystem and cryptocurrencies in general. Some individuals even describe it as the missing piece in blockchain’s mission to revolutionize the internet. It is expected to become a core component of most blockchains and has received a lot of acclaim from famous cryptocurrency experts and crypto news publications.
The price of GRT coin has skyrocketed since its inception in a very short time. Furthermore, with its protocol expansion to other blockchains, as well as partnerships with many new partners, GRT coin may increase in price in the future.
If you are looking to invest in a blockchain project with high real-world application potential, then The Graph (GRT coin) is certainly a consideration worth weighing. Currently, there is no other cryptocurrency offering similar services as GRT coin. GRT has no rivals, instead, it supports the development of other coins.
If it succeeds with its goals and becomes an information channel for blockchain projects, then its long-term future is extremely positive.
However, if you are looking for quick profits without understanding how Graph works, then I advise you not to invest in this project. This is a relatively new cryptocurrency, without fundamental principles or price history to predict how it will perform in the short term.
Regardless of your decision, remember that the cryptocurrency market is risky. Only invest what you can afford to lose.
SUMMARY
♥ The Graph (GRT) is a project considered as the Google of Blockchain.
♥ The Graph (GRT) enables users to easily retrieve data from the blockchain.
♥ GRT Token operates on the Ethereum blockchain, following the ERC-20 standard.
♥ There are a maximum of 1 billion GRT tokens, with 9,548,531,509 currently circulating, but 3% new GRT tokens are issued each year.
♥ The Graph has been integrated to retrieve data on several blockchains like Ethereum, Solana, Near, Polygon, Arweave… and this number is expected to increase even more.
♥ Cryptocurrency experts are very positive about the future price of GRT coin.
♥ Graph (GRT) at the current time can be considered a good long-term investment coin.
That is all the information about GRT Coin and The Graph project that I want to share. With this information, I hope you will understand more about them and make the right investment decision. If you think there is additional information needed in the article, please leave a comment below so we can update more complete information about this Coin together.