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Cryptocurrency News Articles

Geo Genesis: The Graph's New Social Media and Information Service

Jan 10, 2025 at 02:00 am

The Graph, an aggregator of on-chain information and events from Web3 apps, will create Geo Genesis, a social media and information service.

Geo Genesis: The Graph's New Social Media and Information Service

The Graph, a decentralized protocol for indexing and querying blockchain data, is launching a new platform called Geo Genesis, which will combine elements of social media and information aggregation.

The platform will allow users to create spaces and build knowledge feeds, which will be powered by The Graph’s technology for collecting on-chain information and events from Web3 apps.

Geo Genesis will introduce a new content format called Spaces, which will combine data aggregation with Web3 social media.

Users will be able to design their own information feeds and contribute to the curation of content through collaboration and voting features.

The Geo Genesis feature will serve as one of the subgraphs for The Graph platform, and most of its capabilities are still under development.

All user-generated knowledge spaces will be reflected in The Graph’s decentralized structures.

Contributors to the Spaces will also be able to vote and achieve consensus on the data and content.

Geo Genesis aims to move beyond mechanical data, which is crucial for app builders, and collect human-readable and composable data as the crypto space shifts toward narratives and memes.

The new Geo Genesis feature will include mechanisms for curation and governance, as well as support for Natural Language Processing through LLMs.

The platform will work toward the goal of creating unified access to all data and building human-readable knowledge graphs.

Geo Genesis opens with early access tests

Geo Genesis will launch with a limited rollout, offering a waiting list for early access.

The platform aims to build a community of creators who will construct their Spaces using Web3 data.

Other participants in the ecosystem will be Editors, who will curate and evaluate the spaces.

At the early stage, users can request an invitation and join as Members to contribute content.

Anyone will be able to browse the available news, data boards, or other spaces curated by editors.

The structure of Geo Genesis is reminiscent of previous Web3 SocialFi apps, where voting and curation can be tokenized and add value.

The new data and news format will showcase The Graph’s capabilities while also building a new SocialFi feature.

On the other hand, The Graph will expand its data querying capabilities to generate more content based on Web3 information.

The Graph builds information packages for the decentralized Internet and Web3 apps, where on-chain data is not always available.

Some of the curated data helps Solana developers, where not all on-chain events are always accessible.

The Graph still offers data composition tools for developers

Up to this point, the Graph has largely directed its features toward developers.

The project has been around since 2018, quickly becoming the go-to indexing tool for multiple chains.

The Graph supports data and indexing for over 80 blockchains, including Ethereum and its L2, Solana, Avalanche, Gnosis, and others.

In the future, The Graph will aim to expand its specialized data services, focusing on verifiable data and new query languages and adding support for LLMs.

As Web3 apps become more complex and the search for the best tokens becomes complicated – the graph expects more demand for data and analytical tools and the ability to build dashboards.

Even before creating the roles of content producer and editor, the Graph network offered roles as data indexers or delegators, while anyone could build and launch a new subgraph.

The Graph is a utility product and one of the well-established crypto networks. Over the years, It has raised more than $82M in financing, launching its GRT token as a utility asset.

The project has received backing from Coinbase Ventures and other smaller funds.

GRT tokens are trading around $0.20, still down from their peak above $2.30 during the 2021 bull market. Interest in GRT may increase as a new wave of developments focusing on AI agents takes over Web3.

News source:www.mitrade.com

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