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CRYPTO REVIEW: GraphLinq Chain ($GLQ) :

CRYPTO REVIEW: GraphLinq Chain ($GLQ) :

Written By Akshat Thakur

Author: Akshat Thakur

Written On: Mon, 29 Jul 2024 20:14:16 GMT

Introduction to GraphLinq :

GraphLinq is a no-code blockchain platform for Web3 automation, dApps, and AI. It runs on its own Layer 1 chain, leveraging intent-based AI, Proof of Authority, and EVM compatibility.

As a no-code solution for Web3 automation, dApps, and AI, GraphLinq features a user-friendly interface for blockchain tasks. The platform is powered by intent-based AI and supported by its own Layer 1 blockchain. This blockchain uses Proof of Authority (PoA) consensus and is compatible with the EVM, ensuring efficient and scalable interactions tailored to various automation needs.

$GLQ Token :

GLQ is the native asset of the GraphLinq Chain, serving as the token for all financial transactions on the protocol and community needs. With GLQ, you can execute graphs on the GraphLinq engine network and pay execution fees.

Every time GAS fees are paid with a minted token in graph transactions, the token is burned. This process reduces the token supply, ensuring evolutionary stability and supporting market adoption.

Token Allocation

  • Total Supply: 650,000,000
  • Reserved for Migration from Ethereum Chain: 500,000,000
  • Ecosystem Fund: 50,000,000
  • Rewards for Stakers & Graph Incentivization: 50,000,000
  • Treasury: 50,000,000

Graphlinq Ecosystem :

The GraphLinq ecosystem consists of two main components :

  1. GraphLinq Chain
  2. GraphLinq Protocol
  • GraphLinq Chain: This chain operates on a Proof-of-Authority (PoA) consensus mechanism. Blocks are produced every 15 seconds, with a reward of 5 $GLQ per block.
  • GraphLinq Protocol: This protocol offers an automated process management solution. It simplifies deploying and managing various types of automation without needing coding skills.

The protocol includes four key components:

  1. GraphLinq Integrated Development Environment (IDE): The IDE provides a visual representation of the automation process. Users can easily connect different nodes to create complex automations.
  2. GraphLinq App: This user-friendly interface lets users access pre-made automation templates and deploy them with just a few clicks.
  3. GraphLinq Engine: The core component of the protocol, it executes automation tasks accurately and securely.
  4. GraphLinq Marketplace: A platform for buying, selling, and trading GLQ templates and other types of automation.

Tokenomics :

  • Price: $0.06123
  • Market Cap: $20.8 million
  • Circulating Supply: 339.9 million
  • Max Supply: 650 million

Conclusion :

GraphLinq aims to be the leader in facilitating the way of communicating and manipulating blockchain datas. It gives people a way to set up their crypto pipeline and workflow, easily through a fast and easy to use interface.

Overall, GraphLinq holds promise for simplifying blockchain interaction and democratizing automation.

In this article

Introduction to GraphLinq :

$GLQ Token :

Graphlinq Ecosystem :

Tokenomics :

Conclusion :

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