James Cirrone

The Graph, a blockchain indexing protocol founded in 2018, is fully migrating to the Arbitrum network from Ethereum on Wednesday. 



The Graph’s move to the popular layer-2 was initiated by network participants in an attempt to lower gas fees, accelerate transactions, and increase the protocol’s accessibility, according to a press release from The Graph Foundation.



Edge &amp; Node CEO Tegan Kline said users weighed the options among layer-2 networks and Arbitrum ultimately came out on top.



“The Graph users have continually searched for solutions to improve gas efficiencies and enhance other aspects of the network,” Kline said in a statement. “After careful consideration of all options on the market, the ecosystem selected Arbitrum as the Layer 2 scaling solution that will bring speed and affordability to protocol developers and network participants.”



This has been long in the making, with plans to move being known as far back as April 2022 via a governance <a href="https://forum.thegraph.com/t/gip-0031-arbitrum-grt-bridge/3305">proposal</a> that suggested creating a set of contracts that would bridge GRT transactions to Arbitrum. Discussions about moving to a layer-2 network because of prohibitively expensive gas prices date back to November 2021 on The Graph’s forums.&nbsp;



A June 2022 <a href="https://forum.thegraph.com/t/gip-0034-the-graph-arbitrum-deployment-with-a-new-rewards-issuance-and-distribution-mechanism/3418">proposal</a> was the first to present a deployment of The Graph on Arbitrum. Its proposers, Edge &amp; Node software engineers Pablo Carranza Vélez and Ariel Barmat, suggested it wasn’t a good idea to migrate in “one go.”



Since then, The Graph has gradually taken more steps to exit the Ethereum network, including <a href="https://snapshot.org/#/council.graphprotocol.eth/proposal/0x1545e69c8205928eb13fd3a801f3c19402b806e8fc60db7dad274b8f9747c182">enabling</a> indexing rewards on Arbitrum and <a href="https://snapshot.org/#/council.graphprotocol.eth/proposal/0x60ad6db7f768407d2ca66310a5af94bbc9b6589d573f033caf950a8d7cff5f69">deploying</a> transfer tools enabling users to move tokens to Arbitrum. Both proposals were passed unanimously.



The statement from The Graph Foundation further explained that its users should start receiving transition prompts today.



“Protocol users will be presented with an option to transition to Arbitrum across The Graph’s suite of products. Protocol rewards will continue to gradually shift from Ethereum to Arbitrum, and over time, will transition entirely to Arbitrum,” the press release said.



Updated June 14, 2023 at 2:00 pm ET: A previous version of this article stated that The Graph migrated to Arbitrum on Tuesday. The protocol made the switch on Wednesday.



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The Graph ditches Ethereum, migrates to Arbitrum in anticipated move

Ben Strack

<div id="highlights-block_6357d2794789a" class="highlights">
 <ul>
 <li>Geo seeks to fix a “fundamentally broken” internet by creating systems that foster verifiable information, Tal says</li>
 <li>Tal recently stepped down from CEO post of Edge and Node, the company behind the 2018 launch of decentralized indexing protocol The Graph</li>
 </ul>
 
</div>



A co-founder of The Graph blockchain-oriented startup is prepping a so-called knowledge organization app and corresponding Web3 browser in a bid to “build a new internet.”



<a href="https://www.linkedin.com/in/yanivtal9/" target="_blank" rel="noreferrer noopener">Yaniv Tal</a> told Blockworks that 2023 is set to be “the breakaway year” for Web3 — a space he said needs more tools to ensure verifiability and security before it can truly take off.



&nbsp;Geo, Tal’s upcoming app, seeks to use crypto tools to organize public information into a decentralized knowledge graph. The company is set to collate blockchain data and develop a browsable user interface accessible to anyone.



Tal is leading the charge on Geo after being part of the team that created <a href="https://thegraph.com/docs/en/about/" target="_blank" rel="noreferrer noopener">The Graph</a> — a decentralized protocol for indexing and querying data from blockchains — in 2018. The development team responsible for The Graph rebranded to Edge &amp; Node, with Tal as CEO. 



He <a href="https://cms.blockworks.co/latest-in-crypto-hiring-kraken-dydx-foundation-and-blockfi-add-execs/" target="_blank" rel="noreferrer noopener">vacated the chief executive post</a> earlier this month to start the new venture. Brandon Ramirez, who was working as Edge &amp; Node’s head of research and product for the last two years, replaced Tal as CEO.



A front-end application, Geo is set to leverage The Graph for data indexing but will operate as a separate business.



“What I realized was that The Graph itself was really a core part of this [Web3] infrastructure layer, but we needed something else on top to actually get to this global decentralized knowledge graph,” Tal said. “What it does is it sets up standards for people to describe the shape of data that they want to organize, to actually add data and to come to consensus over that data.”



<h3 class="wp-block-heading">A crucial app for Web3</h3>



The internet is “fundamentally broken,” Tal said, adding users are now forced to trust the server and website they are on.



Venture capital firms such as a16z, BITKRAFT Ventures and 1k(x) have recently <a href="https://cms.blockworks.co/latest-in-crypto-hiring-binance-us-adds-ex-fbi-agent-to-lead-investigations/" target="_blank" rel="noreferrer noopener">hired investors to hone in on Web3-focused companies</a> as startups in the space <a href="https://cms.blockworks.co/funding-wrap-venture-capitalists-continue-to-prioritize-web3/" target="_blank" rel="noreferrer noopener">continue to spark intrigue.</a>



“There are a lot of people that are excited for Web3, but in our mind, Web3 still doesn’t exist,” he said. “What you need is something like a real Web3 browser that gives you the benefits that Web3 is meant to provide, and that’s verifiability.”



His new company intends to launch Geo Genesis — the knowledge graph offering — in the coming weeks, before making its Web3 browser widely available.



“There are established institutions — whether it’s universities or large corporations — that we rely on today to tell us who we should trust,” Tal said. “Really, we’d like to create better tools for communities to self-organize and for meritocracies to be formed where people can rise to the top of these meritocracies based off of their contributions.”



<h3 class="wp-block-heading">Use cases</h3>



Players in crypto broadly and DeFi specifically, such as DAOs and protocols, are likely to be among the most common early adopters, Tal said.&nbsp;



Such communities could use Geo, for example, to curate lists of DeFi projects that are fraudulent by coming up with their own sets of standards and maintain those registries in a decentralized way, the founder added.



Geo intends to become the system of record across other sectors too, such as health and politics.



The company, which has a team of five people and plans to hire front-end engineers, is focused on building governance and reputation systems. Tal said “experts” within the health field, for example, could gain power within these systems based on content they contribute.&nbsp;



“People might have different claims on what supplements are good for people to take or what kind of exercise routines are better for different muscle groups,” he said.&nbsp;



Municipalities could also use Geo to organize data that may ultimately help shape public policy, Tal added.&nbsp;



“We’d like to see cities start to adopt this technology to help capture government data, so that we could have a common set of facts that we’re using when we’re trying to make policy decisions, as well as allowing people to actually capture their public policy positions and then hopefully structure arguments and debates,” he said.



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The Graph Co-founder Building Info-gathering App, Web3 Browser

Sebastian Sinclair

<div id="highlights-block_6298197927acd" class="highlights">
 <ul>
 <li>Messari has won a $12.5 million developer grant from The Graph Foundation to further its efforts within the ecosystem</li>
 <li>The crypto intelligence platform said it will use the grant to grow resources and continue driving toward its mission of open data</li>
 </ul>
 
</div>



Crypto intelligence platform Messari said Thursday it has become the inaugural winner of a $12.5 million core developer grant from The Graph Foundation, earmarked for furthering data standards in Web3.



Messari will continue working on improving those standards by dedicating resources to subgraph development, of which it has already completed 20, the company said in a statement. 



The Graph is a protocol for building decentralized applications on Ethereum, as well as indexing and querying data from various blockchains. It is considered by some to be a critical layer of Web3 development, supporting 34 different networks including Ethereum, Near, Arbitrum and Polygon.



Its foundation, meanwhile, is charged with stewarding the protocol&#8217;s ecosystem while shepherding developers and community members.



A subgraph defines which data The Graph will index from Ethereum and how the data will be stored, according to a <a href="https://thegraph.com/docs/en/about/introduction/" target="_blank" rel="noreferrer noopener">blog post</a>. The issue, The Graph says, is that data points are required to be collected across multiple protocols and often face a lack of standardization, proving cumbersome and inefficient.



Two protocols that share many similarities, for example, AAVE and Compound, may have significantly different application programming interfaces. The Graph protocol lets developers bootstrap, what are termed subgraphs, to their existing project&#8217;s smart contracts to query blockchain data quickly.



Messari said the grant will help it continue driving open-source data standards and &#8220;high-quality&#8221; subgraph development within The Graph ecosystem.&nbsp;



&#8220;We are proud to have been awarded the first-ever Core Subgraph Developer grant by The Graph Foundation,&#8221; Messari CEO Ryan Selkis said.



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">&#8220;We share The Graph community&#8217;s belief that structured on-chain data should be accessible to everyone, not just enterprise data consumers.&#8221;</blockquote>



Messari also said it plans to build another 200 subgraphs for Web3 protocols and has begun creating standards and DeFi working groups to share best practices with other DeFi applications.



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The Graph Grants $12.5M in ‘First-Ever’ Effort To Drive Web3 Standards

Jacquelyn Melinek

<div id="highlights-block_620fa964ea3d9" class="highlights">
 <ul>
 <li>On Friday, Ethereum-focused multichain network SKALE set up a $100 million grant program to fund the future of blockchain-based gaming</li>
 <li>Large funds announced this week include a $205 million ecosystem fund for The Graph and Sequoia Capital’s new crypto sub-fund for up to $600 million</li>
 </ul>
 
</div>



This week was busy, yet again, for the crypto funding space as a number of multi-million-dollar investments and mega funds were shared with the public.



On Friday, Ethereum-focused multichain network SKALE set up a <a href="https://cms.blockworks.co/ethereum-multi-chain-network-earmarks-100m-to-fuel-blockchain-gaming/" target="_blank" rel="noreferrer noopener">$100 million grant program</a> to fund the future of blockchain-based gaming. This launch is the latest step for the blockchain gaming space, which has grown exponentially over the past 12 months and is drawing attention from big investors and funds.



Meanwhile, Binance Labs, the venture capital arm of Binance, completed a strategic investment in a multichain liquidity protocol, Symbiosis Finance.



The funding will be used to support the company through its Mainnet launch and add support for more Ethereum virtual machine (EVM) and non-EVM networks, as well as integration with different wallets, services and dApps.



“The idea is simple; we strive to learn from the market leaders, adopt their best practices and this is the way we can create something in demand,” Nick Avramov, co-founder and chief marketing officer at Symbiosis Finance, said in a <a href="https://www.binance.com/en/blog/ecosystem/binance-labs-makes-strategic-investment-in-symbiosis-finance-421499824684903475" target="_blank" rel="noreferrer noopener">post</a>.



Significant new funds entered the space, including a <a href="https://cms.blockworks.co/investors-bolster-the-graph-with-205m-ecosystem-fund/" target="_blank" rel="noreferrer noopener">$205 million ecosystem fund</a> by six investors to help invest in projects building on The Graph protocol, an indexing layer for Web3 and blockchain data.



Sequoia Capital is also launching a new <a href="https://cms.blockworks.co/sequoia-capital-is-raising-up-to-600m-in-new-sub-fund-to-focus-on-tokens/" target="_blank" rel="noreferrer noopener">$500 million to $600 million</a> sub-fund, focusing primarily on liquid tokens and digital assets, a spokesperson confirmed with Blockworks on Thursday.



On a smaller scale, an alternative investment platform, Yieldstreet, announced its <a href="https://www.yieldstreet.com/offering/EaLf3g/pantera-early-stage-token-fund-i/" target="_blank" rel="noreferrer noopener">first crypto fund</a> through a partnership with Pantera Capital. The firm expects to raise about $20 million for the fund with minimum investments of $25,000, a spokesperson told Blockworks.



From Protocol Labs, the open-source decentralized storage network Filecoin and IPFS launched a $38 million fund focused on improving the internet and renewable energy throughout the US with Nelnet Renewable Energy Services.



The strategic investment will finance solar energy projects and aims to contribute more energy to the grid than is consumed by Filecoin’s network. Thus, enabling the “responsible growth” of Filecoin without taking from the domestic power grid, it said.&nbsp;



“Protocol Labs is committed to driving the next generation of the internet, Web3, toward net-zero emissions,” Head of Filecoin Green at Protocol Labs Alan Ransil said in a statement. “By investing in solar development with Nelnet, we are both building new generation capacity in this vital public infrastructure system and helping to push the renewable energy transition forward.”



Other notable capital raises this week include:&nbsp;



<ul class="wp-block-list"><li>Animoca Brands and Brinc partnered to launch a <a href="https://cms.blockworks.co/animoca-brands-and-brinc-to-invest-up-to-30m-in-play-to-earn-ecosystem/" target="_blank" rel="noreferrer noopener">$30 million</a> guild accelerator program to grow the play-to-earn ecosystem</li><li>Crypto wallet Rainbow’s <a href="https://techcrunch.com/2022/02/15/web3-mobile-wallet-startup-rainbow-raises-18m-series-a-from-alexis-ohanians-fund/" target="_blank" rel="noreferrer noopener">$18 million Series A</a> led by Alexis Ohanian’s venture firm, Seven Seven Six</li><li>Fluence Labs <a href="https://twitter.com/fluence_project/status/1494423913471766533?s=20&amp;t=50dLcJ5qL4491Mjga3FhuA" target="_blank" rel="noreferrer noopener">$9 million</a> round led by MultiCoin Capital</li><li>DeFi lending protocol Minterest’s <a href="https://www.prnewswire.com/news-releases/defi-lending-protocol-minterest-closes-successful-5-52m-sale-of-mnt-token-301481699.html" target="_blank" rel="noreferrer noopener">$5.52 million</a> token sale</li><li>An open marketplace for Solana NFTs, Hyperspace’s $4.5 million seed round led by Dragonfly Capital and Pantera Capital</li><li>Solana-powered metaverse game MixMob’s <a href="https://smartliquidity.info/2022/02/18/mixmob-raises-7-million-in-latest-seed-funding-round/" target="_blank" rel="noreferrer noopener">$7 million</a> raise</li></ul>



Check back next week for more funding news.



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Funding Roundup: Capital and Funds Continue To Launch Into Crypto

<div id="highlights-block_620e70fe597d8" class="highlights">
 <ul>
 <li>The Graph supports indexing data from 31 different networks, including Ethereum layer-2 network and compatible layer-1 blockchains</li>
 <li>Key projects for the fund include those building creator economies with NFTs and token design, as well as cross-metaverse identities and DAO tools</li>
 </ul>
 
</div>



A group of six investors joined forces to launch a $205 million ecosystem fund for The Graph, an indexing layer for Web3 and blockchain data.



This Ecosystem Fund isn’t an investment in <a href="https://cms.blockworks.co/semiotic-ai-receives-60m-grant-to-develop-the-graphs-ecosystem/" target="_blank" rel="noreferrer noopener">The Graph</a> — it is a fund that will invest in projects building on its protocol, Tegan Kline, co-founder and business lead at Edge &amp; Node, shared with Blockworks.



<a href="https://cms.blockworks.co/digital-currency-group-completes-600m-debt-capital-raise/" target="_blank" rel="noreferrer noopener">Digital Currency Group</a>, <a href="https://cms.blockworks.co/?s=multicoin#:~:text=Multicoin%20and%20Kraken%20Invest%20Millions%20in%20Crypto%20Startups" target="_blank" rel="noreferrer noopener">Multicoin Capital</a>, Reciprocal Ventures, gumi Cryptos Capital, NGC Ventures and HashKey provided the capital to accelerate the growth and development of projects on The Graph. Additionally, the funds will provide support from a “host of areas” and provide guidance for projects, Craig Burel, partner at Reciprocal Ventures, noted to Blockworks. 



“We believe we can identify promising new technologies and critical components in the decentralized stack and leverage our collective networks to accelerate their proliferation across Web3,” Samantha Bohbot, director of platform at Digital Currency Group, said to Blockworks.



Some key projects they’ll invest in include ones that are building creator economies with NFTs and token design as well as cross-metaverse identities and DAO tools, Andrea Zhang, partner at NGC Ventures told Blockworks.&nbsp;



The Graph uses subgraphs, which are open application programming interfaces (APIs) that use the programming language GraphQL. It supports indexing data from 31 different networks including Ethereum and its layer-2 networks Arbitrum and Optimism, plus Ethereum-compatible Polygon, Avalanche, NEAR protocol, Celo and Fantom.



These subgraphs retrieve blockchain data secured through a decentralized network on DeFi, NFTs (non-fungible tokens) and DAOs (decentralized autonomous organizations), among other things. This means decentralized applications, or dApps, can be permissionless with open APIs instead of relying on single servers.



In 2021, there was tremendous growth for the Web3 developer stack, but there is still work to be done with tooling or “middleware solutions,” Bohbot said.



“We expect [the] <a href="https://cms.blockworks.co/morgan-stanley-sees-8-trillion-metaverse-market-eventually/" target="_blank" rel="noreferrer noopener">metaverse</a> will continue to be the main narrative across the Web3 ecosystem, including <a href="https://cms.blockworks.co/?s=gamefi#:~:text=The%20Sandbox%20Parent%20Animoca%20Brands%20Raises%20%24359M%20to%20Build%20Out%20Open%20Metaverse" target="_blank" rel="noreferrer noopener">GameFi</a>, NFT projects and decentralized metaverse,” Zhang said. “One of the drivers of this trend can be attributed to the rising Web2 metaverse, both in terms of capital attracted and user adoption, which can make more people realize the benefits of decentralized metaverse infrastructure in empowering the creator economy.”



Going forward, The Graph will continue to add support for additional layer-1 and layer-2 blockchains, as well as storage networks to help grow the Web3 ecosystem, Kline said.



The speed and growth of capital and ideas in the crypto industry is unprecedented, causing a constantly shifting narrative, Burel said. Web3 data will be decentralized and The Graph’s network of over 150 validators is helping to drive this seismic shift, he added.



“We continue to be excited about DeFi, Web3 infrastructure, gaming and applications with unique features enabled by Web3 rails,” Burel commented.



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Investors Bolster The Graph With $205M Ecosystem Fund

<div id="highlights-block_61eb19aec0b8b" class="highlights">
 <ul>
 <li>If Google is the organizer and indexer of the internet, The Graph aims to be the blockchain equivalent with Web3 data </li>
 <li>“We expect to see an exponential increase in the data being stored on blockchains, especially given the pace at which the trillion dollar market has been growing over the past year,” Tiger Global Partner John Curtius said in a statement</li>
 </ul>
 
</div>



The foundation behind The Graph protocol has raised $50 million in a round led by Tiger Global.&nbsp;



The funds will be deployed over the next two years to onboard the next wave of users, contributors and developers, The Graph Foundation said Friday.&nbsp;



Eva Beylin, director of The Graph Foundation, said in an email to Blockworks that the foundation plans to bring on five more core developers to continue what the group calls its “decentralized M&amp;A strategy.”&nbsp;&nbsp;



“The $50M raise gives The Graph Foundation the resources needed to attract core developers to help build out the next components on The Graph&#8217;s roadmap, which focuses on solving key centralization, security, and scalability challenges in Web3,” Beylin said.&nbsp;



The foundation previously disbursed $250 million to network developers.&nbsp;



The raise included investors from FinTech Collective, Fenbushi Capital, Reciprocal Ventures, and Blockwall Digital Assets Fund. Last month, The Graph Foundation gave Semiotic AI a <a href="https://cms.blockworks.co/semiotic-ai-receives-60m-grant-to-develop-the-graphs-ecosystem/" target="_blank" rel="noreferrer noopener">$60 million grant</a> to develop on its ecosystem.&nbsp;



The Graph aims to do for Web3 and blockchains — it supports 26 protocols — what Google does for the internet: index reams of data in a searchable way.&nbsp;



Supported blockchains include Ethereum, <a href="https://cms.blockworks.co/near-token-spikes-after-protocol-raises-150m-led-by-three-arrows-capital/" target="_blank" rel="noreferrer noopener">NEAR</a>, Arbitrium, Optimism, <a href="https://cms.blockworks.co/opensea-polygon-nft-sales-on-track-to-hit-2-2m-by-end-of-january/" target="_blank" rel="noreferrer noopener">Polygon</a>, Avalanche, Celo and Fantom. To date, over 25,000 developers have built subgraphs for applications such as Uniswap, Synthetic, Livepeer and Decentraland.



At its core, The Graph is an index layer for the blockchain that is divided into subgraphs, or open APIs built upon the programming language GraphQL. The subgraphs, in turn, fetch blockchain data through a decentralized network. The end results favor decentralized applications that don’t rely on single servers that are prone to failure. 



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Tiger Global Leads $50M Round for Web3 Protocol

<div id="highlights-block_61b21e90c81a1" class="highlights">
 <ul>
 <li>There has been continued growth of 10% to 20% month-over-month for subgraphs and developers in the space</li>
 <li>Semiotic will be using the grant to grow a dedicated R&amp;D team to conduct core development work for The Graph</li>
 </ul>
 
</div>



The Graph Foundation has given Semiotic AI a $60 million grant that will be deployed over the next eight years, according to a release shared on Thursday by the companies.&nbsp;



“The Foundation’s grants are determined based on the roadmap, team size and resources needed to achieve pre-set goals,” Eva Beylin, director of The Graph, said in an interview with Blockworks.&nbsp;



<a href="https://thegraph.com/en/" target="_blank" rel="noreferrer noopener">The Graph</a> is an indexing layer for Web3 and blockchain data that uses subgraphs, which are open APIs that use the programming language GraphQL.&nbsp;



These subgraphs retrieve blockchain data, secured through a decentralized network, which means decentralized applications, or dApps, can be permissionless with open APIs instead of relying on single servers. It supports indexing data from 25 different networks including Ethereum and its layer-2 networks Arbitrum and Optimism, Polygon, Avalanche, NEAR protocol, Celo and Fantom.&nbsp;



“Oftentimes, developers would have to build their own in-house databases each time a new dApp is created, which is time-consuming, costly and centralized,” Sam Green, co-founder and CTO of Semiotic AI said to Blockworks. “These databases act like walled gardens that can’t be accessed by third-parties, creating multiple redundancies that aren’t necessary,” Green added.&nbsp;



<a href="https://www.semiotic.ai/" target="_blank" rel="noreferrer noopener">Semiotic AI</a> is a software startup that builds autonomous decision-making agents for decentralized markets. “Semiotic will be using the grant to grow a dedicated R&amp;D team that will be committed full-time to The Graph,” and its ecosystem as a core protocol developer during that time frame, Beylin said.&nbsp;



There has been continued growth of 10% to 20% month-over-month for subgraphs and developers in the space, she said.



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">“This means that rain or shine, bull or bear market, developers in the Ethereum ecosystem are continuing to build dApps,” Beylin said.&nbsp;</blockquote>



<div class="wp-block-image"><figure class="alignright size-full is-resized"><img loading="lazy" decoding="async" src="https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg" alt="Eva Beylin, The Graph director" class="wp-image-12390" width="310" height="310" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=600 600w, https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=150 150w, https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=257 257w, https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=261 261w, https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=219 219w, https://blockworks-co.imgix.net/wp-content/uploads/2021/12/2021-12-09-The-Graph-Eva-Beylin_sq.jpg?w=80 80w" sizes="(max-width: 310px) 100vw, 310px" /><figcaption>Eva Beylin, The Graph director</figcaption></figure></div>



To date, over 24,000 developers have built subgraphs for applications like <a href="https://cms.blockworks.co/?s=Uniswap" target="_blank" rel="noreferrer noopener">Uniswap</a>, <a href="https://cms.blockworks.co/?s=Decentraland" target="_blank" rel="noreferrer noopener">Decentraland</a> and Synthetix.&nbsp;



The indexing layer recently announced new hosted service integrations to support cross-chain development with platforms like Solana, Cosmos and Arweave, Beylin noted. In the future, it plans to continue to support development there as these chains and other features go live on the decentralized network.&nbsp;



“Our vision has always been clear: index all the world’s public data in a decentralized way. The past year has proven our thesis that Web3 is the future,” Beylin said.



 



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