CoinmarketCap under its learn and earn program announced the free airdrop of The graph network's GRT tokens.
We will first look at what is Graph? And then we will check the answers for the quiz in the Coinmarketcap.
What is Graph?
The graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open API's called subgraph's, making data easily accessible.
The mission of The Graph is to enable internet applications that are entirely powered by public infrastructure.
Full-stack decentralization will enable applications that are robust to business failures and rent-seeking and also facilitate an unprecedented level of interoperability. Users and developers will be able to know that software they invest time and money into can’t suddenly disappear.
The Graph Network decentralizes the API and query layer of the internet application stack. For the first time, it will be possible to efficiently query blockchain data without relying on a centralized service provider.
Today, developers can run a Graph Node on their own infrastructure, or they can build on our hosted service. In The Graph Network, any Indexer will be able to stake Graph Tokens (GRT) to participate in the network and earn rewards for indexing subgraphs and fees for serving queries on those subgraphs.
Consumers will be able to query this diverse set of Indexers by paying for their metered usage, proving a model where the laws of supply and demand sustain the services provided by the protocol.
What is Essentially want to do is The thing that Google has done for the internet in the start and Graph was to do it to crypto with decentralization
How to join?
U need to have an account on both coinmarketcap and finance (KYC is Mandatory)
navigate to the earning page there u will find the campaign for Graph token click it and watch the videos and answer the quiz. (The answer to the quiz is right below this)
Answer to the Quiz
What is the total supply of GRT tokens?
✅ 10.000.000.000 GRT
What is The Graph?
✅ An indexing protocol for organizing blockchain data.
What are subgraphs?
✅ Open APIS that anyone can query
What’s the query language used for Subgraphs?
✅ GraphQL
What do Curators do?
✅ Signal on quality subgraphs by depositing GRT (The Graphs native token) in return for curation shares.
What are Indexers?
✅ Node operators that index data and serve queries.
Why do indexers have to stake GRT?
✅ For economic security so if they misbehave they can be slashed (lose their GRT).
By delegating GRT to Indexers what can you do?
✅ Help secure the network and make sure there are plenty of indexers to serve and process data for the crypto
I hope this article is helpful to u, I would like to hear your thoughts on this. If u have any doubt about investing or if u want my thoughts about a particular project pls comment down below.
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I had taken the quiz but didn't receive a GRT token yet, and I just verified my Binance account after taking the quiz, I don't know if I am still qualified tsk. Btw the answer you provided was my answer too 😁