Share this article

Blockchain Data Indexer The Graph Launches on NEAR Blockchain

The service expands beyond blockchains that are compatible with the Ethereum network.

Updated May 11, 2023, 4:49 p.m. Published Oct 26, 2021, 8:12 p.m.
(Kelly Sikkema/Unsplash)
(Kelly Sikkema/Unsplash)

The Graph, a service that organizes data on blockchains to make the data easy to find, began testing its service Tuesday on the NEAR blockchain, marking the first time the product has run on a blockchain that’s not compatible with the Ethereum blockchain.

The Graph is used by developers to access data such as prices and user information. The protocol is live on 25 blockchain networks.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters

Tegan Kline, a co-founder of The Graph developer Edge & Node, told CoinDesk in an interview that it took “many months” to complete the integration, as The Graph has previously expanded only to blockchains that are compatible with the Ethereum blockchain.

jwp-player-placeholder

The protocol managed to make the migration because of a grant from The Graph Foundation to blockchain data company StreamingFast, which became a core contributor to The Graph earlier in the year. The foundation distributes grants to projects that are building on The Graph.

Kline also said that developers can expect to find The Graph on other blockchains that aren’t compatible with Ethereum in the coming months, as The Graph Foundation will continue to offer grants to help the service expand.

“Wherever developers go, The Graph will be,” she added.

Read more: Near Protocol Offers $800M in Grants in Bid for DeFi Mindshare

Meanwhile, the integration comes at an exciting time for NEAR. On Monday, the NEAR Foundation announced the launch of an $800 million grants program in collaboration with Proximity Labs, a U.K.-based technology company.

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Deus X CEO Tim Grant: We aren't replacing finance; we're integrating it

Deus X CEO Tim Grant (Deus X)

The Deus X CEO discussed his journey into digital assets, the company's infrastructure-led growth strategy, and why his Consensus Hong Kong panel promises "real talk only."

What to know:

  • Tim Grant entered crypto in 2015 after early exposure to Ripple and Coinbase, drawn by blockchain’s ability to improve traditional finance rather than replace it.
  • Deus X combines investing and operating to build regulated digital finance infrastructure across payments, prime services, and institutional DeFi.
  • Grant will be speaking at Consensus Hong Kong in February.