DCG leads $205M growth fund for The Graph
The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered around decentralized applications.The ecosystem fund was financed by Digital Currency Group, Multicoin Capital, Reciprocal Ventures, Gumi Cryptos Capital, NCG and HashKey. The fund’s stated purpose is to accelerate the growth and development....
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The Graph leads the altcoin market, gaining 38.6% as subgraphs migrate to its decentralized mainnet with the help of Graph Grants. As the growing digital economy undergoes a transition from Web2 to Web3, oracle and data providers are becoming an increasingly important sector for ensuring the reliable sharing and transfer of information. The Graph (GRT) is one protocol that is spearheading the integration of blockchain technology with data management and retrieval through the creation of open APIs known as subgraphs. Data from Cointelegraph Markets Pro and TradingView shows that since....
The Guild will join the Web 3.0 network as a core developer in a four-year partnership to facilitate the expansion and development of The Graph's existing 31,000 subgraphs. The Graph Foundation has announced a $48 million funding grant to open-source API platform The Guild in a bid to advance usability and performance of the networks subgraphs.Joining as a core network developer, The Guild will provide vast experience from its time managing and contributing to the growth of components within the GraphQL ecosystem — a programming language initially established by Meta, formerly Facebook, in....
XRP Spot ETFs have nearly crossed the $1 billion mark in assets under management (AUM), marking one of the quickest ramps since Ethereum, according to Ripple’s CEO. Related Reading: All-In On XRP: Why This Leading Investor Sold His Entire Bitcoin Stack Rapid Fund Growth In Weeks According to the disclosure, the four XRP ETF products now hold about $1.23B in total net assets, which equals 597 million XRP at a reported XRP price of $2.06. Reports have disclosed a fresh inflow of $30 million on Monday, Dec. 8, and the cumulative net inflow into these products stands close to $935 million.....
Within several months the FBC Fund has significantly increased its parameters, and thereafter, the profit of investors. There are 2 reasons for that. The first one is a significant growth of almost all cryptocurrencies’ rates over the past few months. The second reason is that the Fund has updated and optimized its famous stock market […]
Within several months the FBC Fund has significantly increased its parameters, and thereafter, the profit of investors. There are 2 reasons for that. The first one is a significant growth of almost all cryptocurrencies’ rates over the past few months. The second reason is that the Fund has updated and optimized its famous stock market […]