The graph shows the genesis of Geo in the midst of market uncertainty

Today, The Graph released a new application called GeoGenesis that aims to change the way knowledge is organized in the Web3 space.

However, the GRT token is declining again after shedding several signs of brutality, and a full recovery seems as far away as ever. This news comes from a press release shared exclusively with BeInCrypto.

New web application from Graph

AI-driven web3 indexing firm Graph Geo Genesis says it will democratize and decentralize the growing technology sector to a greater degree. After launching its GRC-20 rating in late November, the company is poised to move on to more ambitious projects.

With GeoGenesis, users of any skill level can directly engage with large amounts of Web3 data.

“Web3 is fundamentally about information and the launch of Geo Genesis represents the realization of a decentralized platform where knowledge is organized in dynamically interconnected knowledge graphs. This approach facilitates seamless information exchange and encourages collaborative innovation across diverse technology ecosystems,” the press release said.

For the past several years, The Graph has aspired to become the “Google of Blockchain” through its high-tech Web3 data index. Since launching its GRT token in 2023, this new asset has become one of crypto's top performers.

However, a series of price declines has weighed on the native property in recent months.

Through most of 2024, every indication for a GRT future stimulus resulted in a decline. The crypto bull market in November gave it some breathing room, but bearish signs have returned in recent weeks.

However, the launch of GEO Genesis could help generate momentum again in the future. Graff says this new protocol will begin during Early Access, allowing editors and members to work out the remaining touches.

The company then transfers more control, allowing users to customize the management framework for their own locations.

Ultimately, the jury is out on how much even a successful launch will boost the company's fortunes. The graph never came close to matching the original price levels when the GRT began.

Its developers have built graphs for more than 80 dApps blockchains, but the path to profitability is not clear.