November 30 news, The Graph announced that it is creating a new data standard for Web3 through GRC-20.

It is reported that GRC-20 is a proposed universal language for cross-Web3 data. Just like the standardized value of ERC-20 on Ethereum, GRC-20 will standardize data, information, and knowledge, and make Web3 tangible, allowing users to fully realize the open, verifiable, and composable vision of Web3.