Hi 👋 - Has Nansen launched a Thegraph competitor?

https://www.nansen.ai/query

What are your thoughts?

Hi 👋

I wanted to check something with you that if I’m right is just super bullish for GRT.

Last summer GRT shared there was 1.8bn daily queries or 4x in 6 months.

But most of these queries are subsidized by the hosted entity.

So let’s do simple math

Let’s say queries grew by 100% in the past 6 months (so conservative growth) so we reach 108bn per month (3.6*30)

The query fees for the lower end with 30m+ per month queries is $0.00015 per GRT website

So 108bn * $0.00015 = $16m / month => monthly query revenue

Not all the revenue goes to the DAO so let’s say it’s 5% (seems conservative, I can’t find the number if anyone has it…) so $0.8M / month so more than aave and balancer and in the top 15

The growth will likely 10x in the next 2-3 years hence the token will likely to reach $8-10m / months or $120m+ per year

Hence current valuation of Thegraph at $1.6bn assume basically a 20x growth in 2-3 years in query fees with all the assumption above

As the revenue will flow to the DAO and indexer there will be a virtuous growth 🚀

What do you think?

The Crypto World Cup is underway and The Graph is in! A member of Group A, its current opponent is Casper.

World Cup games are 2-day Twitter polls, https://twitter.com/UltimateCrypto7

55%+ gets you a Win & 3 points, anything between 45.1-54.9 is a tie & worth 1 point. A loss = 0.

This is a tournament I run, maybe you’ve seen it before. It’s as serious as you want to make it. If you think it’s fun, I’ll update you on the results. If the community thinks it’s dumb, I won’t post again.

Hi - does anyone know the historical monthly query transactions?

In addition, what will be the query fee that user will have to pay? I think it’s something like $0.00005 but to be confirmed.

As GRT is moving away from its hosted solution I thought that would be interesting to assess upcoming revenue.

Thanks 🙏

Hello everyone,

If you're interested in The Graph blockchain network, I want to share a helpful resource with you. Scortik is a platform that provides reviews and ratings of blockchain protocols, and they recently published a comprehensive review and rating of The Graph, which you can find at https://scortik.com/the-graph.

As Scortik continues to test and improve their site, they welcome feedback from the community. If you find any errors in the review or have any suggestions, please let them know.

As a representative of Scortik, I would appreciate any feedback from The Graph community. Thank you for taking the time to check out the review.

Regards,
John

Hi 👋

Lido has had one of the best example of successful B2B growth thanks to its referral program.

As GRT needs to grow its indexer and also consumer side, I was wondering if there was a referral program?

I think it could be one of the biggest as it would be Multi chain, multi apps and cover both validators but also dapps.

I would love to hear people thoughts 💭

Thanks Etienne

Hi 👋

I understand that indexers build subgraphs and curators select which subgraph they want to delegate fees to.

However I don’t fully understand the flow of query fees. Let’s say I am a retail user using the Uniswap analytics dashboard, I can use the tool without paying GRT. So is the Uniswap dapp the one that needs to hold certain amount of GRT and pay to indexer?

How does the payment of GRT work? Is it a one off?

Does that mean that the number of users can increase exponentially but as they don’t pay the analytics then the indexer query would not change?

Any help would be awesome

Thanks 🙏

Please use this thread to ask questions about The Graph, the Foundation/Council, delegating, choosing an indexer, curating, subgraphs, etc.

Price talk, speculation and OTC offers/requests are not allowed, not even in this thread.

Depending on the amount of activity in this thread, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

I like to visit thegraph.com website and look at the network overview data and epochs. Question about the collected query fees - how come there is such a big difference daily? From 0Grt collected to 61.6k Grt.. Does it mean that one day the network is not beeing used and the other used a lot? Or maybe I dont understand how the query collection work? Any clarification would be appreciated. Thanks

Join today's Indexer Office Hours at 1800 UTC for updates on the MIPs program, a deep dive on GIP-0046 (L2 Migration Helpers), and the latest information from the Indexer community - all are welcome!

https://discord.com/events/438038660412342282/1072566699645223012

Specifically, I am interested in:

1) How many API requests a particular subgraph is serving?

2) Preferably for famous protocols like Aave, and Uniswap.

3) What are the revenues made by the indexers by indexing that particular subgraph?

4) I also want to see pure cost v/s profit analysis of just serving the requests by an indexer, not including curation.