We are pleased to announce that Figment’s core development team is integrating The Graph with the Cosmos ecosystem. Cosmos’s vision is to break down the barriers between blockchains by connecting apps and services and allowing them to communicate with each other in a decentralized way. This integration will allow for the indexing and querying of Cosmos ecosystem data in a completely decentralized way powered by The Graph.
Why it’s Important
The Graph has become a key protocol in the web3 ecosystem, responsible for indexing and querying protocols for fast, and reliable data. Dapp developers building on Cosmos will be able to use subgraphs for querying on-chain data! This integration between The Graph and the Cosmos ecosystem will help contribute to a multi-chain future, allowing interoperability between The Graph and various Cosmos chains.
Figment and The Graph have a shared belief that the future of web3 is multi-chain. Bringing The Graph to Cosmos helps IBC enabled networks to be indexed and queried in a decentralized manner, allowing developers access to blockchain data without having to manage their own infrastructure.
Quote from Joseph
“What Google did for the internet, The Graph is doing for blockchains. That’s why I’m excited about the integration of The Graph with Cosmos. We will be providing a decentralized indexing and querying engine for the Internet of Blockchains and a whole ecosystem of interconnected apps and services.” – Joseph Al-Chami, Product Manager for The Graph at Figment
Quote from The Graph Foundation
“The Graph believes in a multi-chain future and Cosmos is one of the most mature layer 1 blockchains. We’re excited about indexing zones to allow developers to build diverse and performant dapps in the Cosmos ecosystem!” Eva Beylin, Director at The Graph Foundation
Why We Chose the Cosmos Ecosystem
We have been supporters of the Cosmos Hub and their grande vision of being the “Internet of Blockchains” since the beginning. The vision of a truly decentralized collective of sovereign and interconnected blockchains has always resonated with us at Figment.
That vision came to life earlier this year with the Stargate upgrade which enabled token and data transfers between Cosmos based chains via the Inter-blockchain Communication (IBC) protocol. There are currently 20 IBC enabled chains within the Cosmos ecosystem. Cosmos chains are able to interact with other ecosystems like Ethereum and Solana thanks to bridges like Gravity and Wormhole.
The rise of the Cosmos ecosystem is happening now.
Looking Ahead
Figment is currently working with The Graph core devs on this ongoing integration. Stay up to date on the integration by following The Graph Forum.
We are looking forward to seeing The Graph integrate closer to Cosmos chains. As we continue to provide value to The Graph, we will look to see what other ecosystems we can help The Graph integrate with, to help contribute to the multi-chain future. As our presence grows on The Graph, it continues to be a value add to the decentralized Web 3 ecosystem as a whole, impacting staking, middleware, and application layer products in a beneficial way.
If you are a developer, registration is currently open for the “HackAtom” virtual hackathon that takes place from November 11th to December 8th. Developers can help shape the interchain future with a prizepool of $1 Million in $ATOM, the Biggest HackAtom reward pool in Cosmos history.
About Figment
Figment’s purpose is to build a better Internet by increasing usage of the next generation of Proof of Stake blockchains.
These efficient blockchains give people greater control of their data, more privacy, and increase financial inclusion. By eliminating intermediaries they also limit the power of centralized data monopolies, rent seeking financial institutions and anti-social algorithms.
We bring our mission to reality by helping investors stake their tokens; earn staking rewards and participate in securing the blockchain.
About The Graph
The Graph is the indexing and query layer of the decentralized web (Web3). Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. The Graph currently supports indexing data from 22 different networks including Ethereum, Arbitrium, Avalanche, Celo, Fantom, Moonbeam, IPFS, and PoA with more networks coming soon. To date, over 18,000 subgraphs have been deployed on the hosted service and now subgraphs can be deployed directly on the network! ~20,000 developers have built subgraphs for applications, such as Uniswap, Synthetix, Aragon, Gnosis, Balancer, Livepeer, DAOstack, AAVE, Decentraland, and many others.
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 efficiently and performantly 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 yourself in The Graph Discord for technical discussions, join The Graph’s Telegram chat, or 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 now Figment are three of the many organizations within The Graph ecosystem.
