13/24 ...the largest marketplaces in the world have armies of employees constantly ranking, filtering, and assuring the quality of the goods and services being offered. But how do you do this in a decentralized way…?

14/24 To solve this, The Graph created a “curator” role that's incentivized to vet & bond $GRT to only high-quality subgraphs in order to earn a % of query fees. The economic incentive enables the open marketplace of subgraphs while ensuring a quality experience for devs.

15/24 Quick recap → value accrues to $GRT holders via query fees (network rev), and you earn a share of those fees by buying GRT & staking it as an: -Indexer -Curator -Delegator (passively stake to an indexer and earn GRT) But how much revenue could @graphprotocol generate?

16/24 The Graph has a path to being a top #web3 revenue generatoooor The Graph’s hosted service is now being queried >60b times/month, and in '22, the dapps driving these queries will be migrated to the decentralized network at an increasing rate. This is just the beginning!

17/24 Majority of The Graph’s queries currently come from the ETH ecosystem, but it supports 26 networks on the hosted service. This chain agnostic feature positions it to be a universal open data layer for all of web3, regardless of the layer 1 or 2 devs decide to build on.

18/24 We believe this will allow @graphprotocol to grow its usage to hundreds of billions of queries per month. But how does that translate into revenue? Well, it’s difficult to forecast query prices with precision bc the rate will be subject to open market forces,

19/24 but if we use conservative floor pricing (0.00025 $GRT/query) and assume @graphprotocol doesn’t grow beyond 60 billion monthly queries, the network would still generate ~$95 million in annual revenue with GRT at $0.53. The key here is the migration…

20/24 A metric we call “query uptake”, or the percentage of total @graphprotocol queries happening on the decentralized network, will be the number one driver for $GRT in 2022. Uptake will come from migrating dapps, which we’re confident The Graph’s core teams can execute on,

21/24 especially given that many top projects in web3, like @coinbase , @CoinMarketCap , @Uniswap , @coingecko , @juiceboxETH , @synthetix_io , & @artblocks_io , just to name a few, are already using it. Last but not least, this financing serves an important capital markets purpose.

22/24 Investors in this financing represent a long-term commitment to the vision and growth potential of the network as early-stage investors’ tokens are unlocking. We believe @graphprotocol is a generational innovation and is still in the early days of its growth potential.

24/24 And most importantly, @graphprotocol is hiring for 17 roles right now! If you’re interested in a role don’t hesitate to reach out! *Not Financial Advice*