The Graph Foundation has announced a $48 million funding grant to open-source API platform The Guild in a bid to advance usability and performance of the networks subgraphs.
Joining as a core network developer, The Guild will provide vast experience from its time managing and contributing to the growth of components within the GraphQL ecosystem — a programming language initially established by Meta, formerly Facebook, in 2012 — to focus on enhancing subgraphs features such as "composition, analytics and mutations" on The Graph.
The Graph, a Web 3.0 indexing and querying infrastructure platform, has invested $248 million into their core developer network over the last twelve months, the most recent of which was last week’s $60 million
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