CryptoArt.Ai Collaborates with The Graph Network for subgraph
We are pleased to announce that CryptoArt.Ai, the largest decentralized NFT marketplace in Asia for NFT creation, sales, auctions, collections, and transferral, is now using The Graph. They are an indexing and query layer ofthe decentralized web; we utilize them as our data query solution.
CryptoArt.Ai is utilizing a subgraph on The Graph Network to monitor relevant new blocks and track back-end data for trading activities. The Graph adds immense value to our development and operational productivity through query support using GraphQL and subgraphs. Subgraphs are open APIs that provide access to on-chain data.
In the future, CryptoArt.Ai plans to display live statistics about sales and auctions using The Graph. We will utilize The Graph to access blockchain data as well as for indexing and querying APIs with GraphQL. In result, the user experience when it comes to loading time will be reduced and improved.
The Querying and Indexing Problem
Before The Graph, teams developing in the web3 ecosystem had to build and operate proprietary indexing servers. This requires significant engineering, hardware resources and broke important security principles required for genuine decentralization. In some cases, teams were pulling data directly from the blockchain which results to huge loading delays, particularly when trying to manipulate the data.
The Graph Protocol Solution
The Graph utilizes a network of Indexers, Curators and Delegators to provide accurate queries which are stored and processed on open networks with verifiable integrity, making data queried on The Graph fast, reliable, and secure.
The Graph has also enabled an open-source network producing the fastest, cheapest and most reliable way to access data for the crypto economy.
A Global GraphQL API
Open APIs built and published on The Graph are called subgraphs. Subgraphs can be composed into a global graph of all the world’s public information. This data can be transformed, organized, and shared across applications for anyone to query with just a few keystrokes.
CryptoArt.Ai’s Subgraph Deployment
Subgraphs are integral to the proper functionality of not only the front end, but also the back end of CryptoArt.Ai’s platform. On the front end, subgraphs allow us to precompute data to create impressive visuals and statistics for our indices. The preprocessed nature of subgraph data ensures that we can deliver it to the user with little to no visual loading times.
Additionally, on the back end, CryptoArt.Ai uses indexed data from subgraphs within its rebalancing engine. The indexed data allows us to create and update our platform from the widest perspective. It will be of great usability to assess the optimal rebalancing opportunities given the current state of each index.
Summary
CryptoArt.Ai’s integration of The Graph will provide received data to be served instantly to our application and use it to make smarter
rebalancing decisions. The Graph is an indexing and query layer ofthe
decentralized web, being used by CryptoArt.Ai for its data query solution. We are utilizing The Graph Network’s subgraph to monitor new relevant blocks and track backend data for trading activities.
About The Graph
The Graph Foundation is overseen by the Technical Council. Edge & Node, StreamingFast, Semiotic and Figment are four ofthe many organizations
within The Graph ecosystem. Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. The Graph currently supports indexing data from 25 different networks including Ethereum, NEAR, Arbitrium, Optimism, Polygon, Avalanche, Celo, Fantom, Moonbeam, IPFS, and PoA with more networks coming soon. To date, over 31,000 subgraphs have been deployed on the hosted service, and now subgraphs can be deployed directly on the network. Over 24,000 developers have built subgraphs for applications such as Uniswap, Synthetix, Foundation, Zora, KnownOrigin, Gnosis, Balancer, Livepeer, DAOstack, Audius, Decentraland, and many others.
The Graph Network’s self-service experience for developers launched in July; since then over 200 subgraphs have migrated to the Network, with
over 160 Indexers serving subgraph queries, 7,000+ delegators, and 2,000+ curators to date. More than 3 million GRT has been signaled to date with an average of20K GRT per subgraph.
If you are a developer building an application or web3 application, you can use subgraphs for indexing and querying data from blockchains. The Graph allows applications to effectively and efficiently present data in a UI and allows other developers to use your subgraph too! You can deploy a subgraph to the network using the newly launched Subgraph Studio or query existing subgraphs that are in the Graph Explorer.
The Graph would love to welcome you to be Indexers, Curators and/or Delegators on The Graph’s mainnet.
Join The Graph community by introducing yourselfin The Graph Discord for technical discussions, join The Graph’s Telegram chat, and follow The Graph on Twitter! The Graph’s developers and members of the community are always eager to chat with you, and The Graph ecosystem has a growing community of developers who support each other.
The Graph Foundation oversees The Graph Network. The Graph Foundation is overseen by the Technical Council. Edge & Node,
StreamingFast and Figment are three of the many organizations within The Graph ecosystem.
About CryptoArt.Ai
CryptoArt.Ai is the largest decentralized NFT marketplace in Asia, including NFT creation, selling, auctions, collecting, and transfer.
CryptoArt.Ai has strict standards for potential artists: artists submit the application to the council and only verified original author can list NFT artworks.
In the future, CryptoArt.Ai will be featuring music, movies, photography, and so on, along with bidding rewards, Defi + NFT,collaborations, Dao, and other innovative modules. CryptoArt.Ai relies on global artists and collectors to accelerate the growth ofthe NFT market.
