Protocol infrastructure company StreamingFast is the recipient of the full $60 million grant. It will work with The Graph to further develop its decentralized internet ambitions.
The Graph Foundation, the grants program behind the Ethereum (ETH) indexing protocol, has tapped StreamingFast to further the development of its so-called decentralized internet, potentially setting the stage for more real-world use cases of Web 3.0. StreamingFast will provide The Graph with its infrastructure platform, core IP and API products, as well as access to core developers and other human resources, the companies announced Thursday. In addition to receiving the $60 million grant, StreamingFast will become part of The Graph’s ecosystem and a core component of its long-term infrastructure plans. Although The Graph has purchased a portion of StreamingFast’s IP, the latter will retain ownership over its brand and personnel, the statement
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