Published on: April 13th, 2021 • Duration: 38 minutes
Tegan Kline, business lead at The Graph Protocol, joins Ash Bennington, Real Vision senior editor, to discuss The Graph Protocol, the scope of the problem it’s solving, and business models in crypto. Kline explains that The Graph is for blockchain as Google is for the web—The Graph is providing access to on-chain data to developers who can then also serve this data to users in a decentralized way. Kline believes that The Graph has the potential to become larger than any Layer One blockchain because it integrates with every piece of the stack and supports multiple blockchains. She explains that tokens might be the next evolution of the software business model after software as a service (SaaS). She states that decentralized protocols don’t actually need revenue and that the value should go peer-to-peer—anything that the protocol earns should go to those providing value, not middlemen. Filmed on April 6, 2021.
Key Learnings: Blockchains, like the internet, provide enormous amounts of data, and there is a major value proposition in indexing and serving this data in a secure and decentralized way. Protocols that provide utility to multiple blockchains are positioned to benefit from the adoption of a variety of outcomes and potentially may be more valuable than any individual layer one chain.