400$ in graph quiz removed
100$ the cost of 5 merchandise added
400$ in graph quiz removed
100$ the cost of 5 merchandise added
Congratulations! The majority decision of the Grant Committee has concluded to recommend this proposal to the DAO.
In order to receive official approval from the DAO, a corresponding on-chain vote needs to be conducted on DAOHaus that will determine the DAO decision. A member of the Grant Committee will reach out to you via email with instructions on next steps in order to prepare for the on-chain funding proposal, which requires prior completion of KYC and consent to the Grant Agreement.
Thank you for all your effort to present a strong proposal aiming to grow The Graph and web3 ecosystem!
YAY! My pleasure
Thank you so much @doxe01.eth for taking the time to help me navigate this proposal and thanks for the DAO members. I am very sure you will be very happy to see the outcome of this and I am looking forward to further collaborations!
this is just the beginning
I hereby agree to the Graph AdvocatesDAO grant agreement with the GitHub commit-hash 3858eb9315ef3a0a93d0701961ffbc2a57d45205. That document forms the legal agreement of the proposed grant with the following terms:
Creating 2 YouTube videos, each of the duration of 12-15 minutes, discussing The Graph as a protocol within the web3 stack, its practical applications, the broader Graph ecosystem and the community around it.
2 Twitter Threads
1 Quiz about the Graph with swag prizes for the winners and POAPS for all the quiz participants.
Total Grant Amount
USD Value: 2900 USD
Token Amount: 33686.0108 GRT
Initial Funding: 20% - 6737.20216 GRT
Upon Completion: 80% - 26948.80864 GRT
Term Length - 2 months
Start Date: 1st November 2023
End Date: 1st January 2024
Receiving ETH Address <0x959c83F7669790f8cbCca539328D48F47629047E>
I understand that the agreement will only be executed upon the successful completion of a corresponding on-chain vote by the Graph AdvocatesDAO. I also understand that the grant will be disbursed on Gnosis Chain.
a total of 689 GRT were sent to me, which is around 50$. I am not sure it was a mistake?
When will I get a final answer about everything and when does the grant start? Are you my contact person?
Hi! Your grant voting is still ongoing on DAOHaus which says 10 hours are left in the voting period to end. After that period there will be a grace period which will be of 3 days i think and when it ends you will get your initial amount.
You can check the status of your grant from here:
I wonder why I received the 689 GRTs then
Not sad about it though!!
Have a great day
If I’m not mistaken, it’s for your contributions. I think it’s for a quiz for the Arab community.
The Graph AdvocatesDAO has approved initial funding of this grant proposal! Thanks to all community members that have been engaged throughout this process and providing feedback.
To the grant recipient:
The DAO is looking forward to hearing about your success! Following completion of your grant, please write a confirmation post as a response to this thread. The more details you provide, the easier it will be for the DAO to initiate the final funding amount in a future on-chain proposal. Providing links, docs and images of your completed grant will also help the DAO determine how to best promote the labors of your hard work. Good luck!
For more information on how to withdraw your grant, please review the following documentation here.
Please note, that the total amount of the grant shall be set forth in the Grant and is stated in U.S. Dollars and are payable in GRT. The USD-GRT conversion rate (the “Conversion Rate”) provided to Grant Recipient will be the monthly Conversion Rate determined by the AdvocatesDAO.
For further information, please refer to the Grant Agreement, here.
Thank you guys!! I am super happy and excited about rocking this.
As planned we will be done with the scripts in 10 days and then move to shoot the videos!
I will keep you posted and updated here with everything
A quick update!
The script for the first video is finished and the first video will be ready to publish next week according to plan
Walid, I was in your presentation and I read all the document and I would like to follow your community for do Ux research about how to help advocate in create a community.
My pleasure! Do you speak Arabic my friend?
Hey grantees and dear DAO members
I translated the script for the first video to English, since it is still very hard for YouTube to translate the script from Arabic.
There are a lot of Crypto projects, and we always say most of them are scams, whether they make profit or not, which projects are not a scam?
Hey guys and welcome to the video where I will be speaking about one project from the infrastructure projects that I like a lot, a project that provides great tools for the blockchain to reach its potential.
If we wanna reach a decentralized financial system through the blockchain, or a less centralized one, we need a project like this one “The Graph”
First you gotta know that this video is not a financial advice, this video is for everyone who wanna understand the project, what problems does it solve, how does it work and why is it called the google of Blockchain? In the end there are 5 questions about the graph, the answers will be in this video, follow the link in the description to answer the questions and win prizes.
In 2017 Yaniv Tal, Jannis Pohlmann and Brandom Ramirez met up and thought, why is it so hard to create Apps on Ethereum? what is the problem facing most of the developers? DATABASE! If you wanna build an App, you will always need a database to have all the info needed for your App. Most of the databases on Web2 right now are centralized, and not only that, but limited to only few companies, like Amazon, google, apple, meta …etc.
So when the 3 musketeers, the cofounders, tried to build Dapps on Ethereum, they were shocked with the same issue, and issue isn’t just about centralization but also trust, you HAVE to trust their sources that are controlling data, which is a big issue.
On Ethereum, there are a lot of data, scattered, distributed, in well spoken Arabic, not organized… imagine you go to the kitchen, and you wanna make (Fattah Jaj: Arabic food) but the rice is somewhere, chicken somewhere, Joguhrt somewhere, garlic somewhere, parsley somewhere, yummy!! it would be hard no? same for blockchain and that’s why we need something that indexes all the data for us, we need indexing protocols. But wait, any company can come and do the same no? Yes, but then we get back to the same issue, centralization and trust. That’s when the graph steps in as a decentralized indexing protocol to make it easier to get to data and info on the blockchain. I will tell you in a bit how is it decentralized.
The Graph is an indexing protocol built on Ethereum after 3 years of development from 2017 until december 2020 when it finally saw the light. So you can say GRT is not a very old token but also not a very new one, it already lived a bullrun, a bear market, and hopefully another bull run soon. I won’t go deep into tokenomics this video, but the next one, but GRT just reached around 0.16$ and went up around 80% the last 2 weeks in this mini bullrun we had. the ATH was at 2.88$ and there are many factors that would give us an impression on whether it would reach that ATH again or not.
To understand The Graph, we need to understand something first. I made a video about dApps, here is the link, and I talked how Dapps are just a lot of smart contracts working together to bring actions, like UniSwap on Ethereum for example.
Now let’s say you wanna build a dApp where users can see all the lands sold on Decentrlanad and Sandbox as NFTs, it is pretty simple, you go to Ethereum, and since it is open source you can see all the data, and here you go, you have a very boring website!! Cause who wants just to see that? anyone buying a land would wanna know who had it before, at what price did they buy, at what price did they sell?! And in order for you to have all these info, you would need to get all the data from every single land since it was created until now, which can take days and weeks and months! it is very complicated! and now, my dear listeners, The graph shows up.
Let’s think of the graph as a mall, it has around 100 shops, each shop is a subgraph, and each subgraph represents a dApp. you walk in and find Decentraland on the right, Sandbox next to it, Uniswap on the other corner… etc. Each subgraph has important data about the dApp and its smart contracts. Just think of it as a summary for the code of this dApp that a developer would need. Where can I find the subgraphs? on the explorer (shows on screen) As you can see, there are 961 subgraphs, we have one for UniSwap, one for UMA, one for Liverpeer… etc
Now I wanna make a dApp and I need a lot of data, I come in and look for the dApp and request the data. a group of nodes on the graph called indexers will get me this data, how do they decide on which subgraph suits me the most? Let’s go back to the mall, if you go in looking for a blue t-shirt it can take you ages to find one, if no one helps! You tell the people at the mall you need a blue tshirt, and they will get it to you, these are the indexers, the curators would be the ones looking what exactly blue tshirt works for you, the size, the exact color … etc. Curators will help evaluate the subgraphs according to your needs and signal it to the indexers that will provide you with it. Why are they doing this? Just for you? No! Like workers in the mall, they get paid for the service they are providing, where curators get a fees of what you’re paying, while indexers receive a share from 3% of the current supply produced yearly to reward indexers who btw have to stake at least 100k GRT to become an indexer, and if they provide wrong info, or they cheat, their stake will get slashed! and that’s how the protocol makes sure that everything is going the right direction. So now since we know the difference between indexers, curators and developers, we are left with one more info! delegators!
Delegators are the people who stake their tokens and give it to indexers to contribute to the protocol’s security, and in exchange get rewards based on what they staked and the staking period, I will take more about it next video, how can you do it, and what rewards to be expected. As you can see (show delegators page) we have around 11383 delegators at the moment, contributing to the protocol’s security while earning rewards.
Questions and closing notes (around 1 minute)
Great! Thank you for the script, I will have a look at it soon!
thank you dear
Please check out the thread I made about The Graph
According to the plan, we will publish the second video in the next 2 weeks