The Graph news

The Graph, an AI‑driven Web3 data indexing firm, unveiled Geo Genesis, a web application intended to decentralize knowledge organization via dynamic knowledge graphs. Geo Genesis will let users of all skill levels access large volumes of Web3 data and later customize governance, with an early‑access phase to iron out bugs before broader rollout. The launch comes as the company aims to become “the Google of blockchain,” building on its 2023 GRT token that once was a top performer but has been falling in value for much of 2024. Despite the bullish narrative around the new product, GRT has slumped after initial gains in November, and bearish signals have returned in recent weeks. Analysts remain uncertain whether Geo Genesis can reverse the token’s downturn, as the firm’s path to profitability and comparable early price spikes has proven elusive.

The Graph Protocol announced a new GRC‑20 data standard to replace RDF and enable interoperable Web3 data, citing that GRT rose about 12 % after the reveal. NEAR Protocol added MetaMask support via a Snap, allowing users to interact with NEAR and other blockchains through a single wallet; NEAR remains the top AI token by market cap and has risen roughly 250 % since January. The Artificial Superintelligence Alliance, a collaboration of Fetch.ai, SingularityNET and Ocean Protocol, introduced its ASI Train staking platform for FET tokens, promising rewards and backing AI foundation models. The FET token previously hit an all‑time high of $3.45 in March, after the alliance’s launch. Together these moves highlight growing integration of AI and blockchain, with data standardization, wallet interoperability, and tokenized incentive mechanisms aiming to accelerate decentralized AI development.

In the DePin space, several new initiatives were announced as of November 25, 2024. Aethir, a GPU‑as‑a‑service network, said it has partnered with LayerZero to make its infrastructure multichain, positioning the company as an AI‑and‑gaming ecosystem and supporting a planned migration to Sophon’s ZK chain. The Graph unveiled a new GRC‑20 Knowledge Standard aimed at replacing the RDF model, offering a Web3‑native format for storing, linking, and visualizing data across the network. Digital Currency Group launched Yuma, an accelerator for startups on the Bittensor platform, providing capital and technical resources to democratize AI development. These moves reflect a broader push to blend decentralized infrastructure with AI and data services, promising greater interoperability and open access for developers.

The Graph, a decentralized indexing system, has announced GRC‑20, a Web3 data standard aimed at replacing RDF. Built on Yaniv Tal’s knowledge‑graph concept, the standard structures information into spaces, entities, relations, and types to improve data linking. GRC‑20 seeks to create a common language that would make the Web3 ecosystem more open, verifiable, and composable. The Graph will release supporting tools in the coming weeks, while the improvement proposal remains open for community feedback before finalisation. Since its 2018 launch and mainnet debut in 2020, the platform supplies APIs called subgraphs across more than 70 blockchains, helping developers reduce DApp development time.