Crypto Report - GRT, 1INCH, API3

Published:

31 Jan 2021 09:09 ET

[The Crypto Report is a subset of the Market Lab Report.]

GRT - The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL. Developers can use Graph Explorer to search, find, and publish all the public data they need to build decentralized applications. The Graph Network makes it possible to build serverless dApps that run entirely on public infrastructure. Sidebar: The power of tagged wallets is in knowing what will happen before it happens. One of major market movers just accumulated 200 million GRT tokens over the last few days. Historically, this leads to a significant (>50%) increase in price.

1INCH - 1inch. exchange is the 2nd most used application in DeFi. It materially reduces transaction costs by aggregating all the decentralized exchanges and finding the path of lowest cost and/or fastest execution speed.

API3 - A decentralized first-party oracle network governed by the API3 DAO. Chainlink competitor. One of the largest cryptofunds Pantera invested in this company. Ellio Trades who has a strong track record in finding altcoin gems put in seed capital with 2 year lock up. https://www.coindesk.com/chainlink-killer-api3-closes-3m-funding-round-with-placeholder-and-pantera

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