What is The Graph? (Overview. Consensus. GRT Tokenomics)

? What is The Graph? The Graph, also known by the ticker GRT, is an indexing protocol that helps blockchain networks find the data they need. Unlike a project like Chainlink that gets the information for you, The Graph aims to guide you to the information that already exists. ? What makes The Graph unique? Without The Graph, every company would have to create its own API to interact with the blockchain, creating a lot of redundant work that could be better used elsewhere. However, what makes The Graph truly unique are the sub-graphs. ? $GRT Tokenomics Originally there were 10 billion GRT tokens with an annual new token issuance of 3%, minus the burn rate. Of the original 10 billion, they were distributed as follows: 17% went to early backers and another 17% to other backers. 23% was allocated to the early team and consultants, and 8% was allocated to Edge & Node, which includes the original development team behind The Graph. The final 35% was allocated to the community. Of that 35%, 58% went to the Graph Foundation, while 18% was sold during the GRT sale. Finally, the remaining 24% was awarded to the Testnet Indexer Rewards, Curator Program Grants, and Educational and Bug Bounties Programs. ? Read more about The Graph: https://www.iexplaincrypto.com/the-graph-explained-the-google-of-blockchain-data/ Timestamps ⏳ 00:00 Introduction 0:50 What is The Graph? 2:11 How does The Graph work? 3:50 What makes The Graph unique? 4:58 GRT Tokenomics