Stories by Web3Graph on Medium

Web3Graph Monthly Report-202206

Web3Graph — Wed, 06 Jul 2022 16:36:00 GMT

Abstract

The crypto market saw a significant price decline in May and June, with market sentiment in the doldrums and trading and funding activity lower than in Q1, but development progress and market activity in all categories continued during the quarter.
The infrastructure track remains highly active in terms of development activity and market interest, with little correlation to market price volatility.
Web3Graph has made good progress this month in terms of technology development, ecosystem cooperation, community and market operation, project financing and team development.

1.0 Advances in Technology Development

Technology Research

Web3Graph Research Chapter on“Basic Theory of Bipartite Graph” Released

https://docsend.com/view/zdkhvwimedgwnkcn

Web3Graph Research Chapter on “Database Design for Bipartite Graph” Released

https://docsend.com/view/hax8hed3898xk324

Product Development

W3G Plug-In

Product prototyping and demo testing completed, product modules in development

https://docsend.com/view/idg7byx9473adnvm

Completed product module — create and back up a mnemonic wallet
Completed product module — create W3G identity
Completed product module — link to Twitter and get the corresponding social data

W3G Studio

Product prototyping completed, product modules in development

https://docsend.com/view/8u7bvw832r9ryufi

Completed product module — developers create schema
Completed product module — developers run schema
Completed product module — add labels to database
Completed product module — data acquisition to storage to back-end server process test

W3G Database

Bipartite Graph database design logic completed

https://docsend.com/view/3ppjbhmfm4g8ncf4

Web3Graph Official Website

Official website functional modules and visual design updates

2.0 Ecosystem Cooperation Progress

Participate in Hackathons and Grants to gain market attention and technical support

Second place in Web3 Scholarship Colombo Demo Day

https://twitter.com/huobi_incubator/status/1536509538450432000

MoonShoot Demo Day winners to be announced
Participated in the ETH ShangHai Hackathon
Participated in the ETH NYC Hackathon
Participated in the Octopus Network Hackathon
Signed up for Polygon Grants
Signed up for BNB Chain MVB V

Collaboration with top projects in the industry based on product, data, branding, etc.

Cooperate with top projects in the industry based on products, data, brands, etc.
Cooperate with Chainlink and reach a memo of cooperation on data supply, data use, etc.
Cooperate with Polkastarter, Poolz, and reach a memo of cooperation in IDO and marketing
Cooperate with Bybit, Bitget, Gate, and reach a memo of understanding on listed exchanges and project incubation

3.0 Community and Market Operation Progress

Operation Overview

Community Development Events

Discord has created 13 language channels: China, Russia, Vietnam, Philippines, Pakistan, Portugal, Malaysia, Germany, Japan, Korea, Thailand, Arabia and India.
Discord: https://discord.gg/vuffYdhWNf
68 self-promotion channels were identified out of 702 KOL, resulting in a reach of 11.55 million.
Telegram group: https://t.me/Web3Graphchat
A total of 19 events were held to increase user understanding and recognition of the project, with a total exposure of 140,000, and 19,492 users interacted with the overall event. The user interaction rate of the overall event was 13.84%.
Twitter: https://twitter.com/web3graph

4.0 Project Funding and Team Progress

Web3Graph was successfully selected as Huobi Incubator

https://twitter.com/web3graph/status/1522422927236362240?s=20&t=QSA7MHz-AXR0gnxki9QNQw

Will Martino, founder of Kadena, becomes Web3Graph’s project advisor

https://twitter.com/_wjmartino_/status/1522468790084198400?s=20&t=XLks0UFvv8yaBCXXQo-ihg

This month, we held roadshow video conferences with Galaxy Digital, Foresight Venture, M77, Bing Venture, Puzzle Venture and DoDo Venture to reach a memo of cooperation on financing development, system support and future node.

About Web3Graph

Web3Graph is an open-graph based protocol that provides standard, uniform, easy and efficient access to Web3.0 participants. We use bi-partite representation instead of the commonly used social graph models to represent, label and index data. This representation allows more efficient construction models of relationship among entities and events. Web3Graph protocol collects both off-chain and on-chain data. Our Event Engine process the data to represent via bi-partite system and allows easy labeling and indexing. We are building variety of access channels for Web2.0 and Web3.0 participants to access using Web3Graph protocol: SDK, Open API, GraphQL, Browser Extension and direct access to Smart Contracts will enable the participants reach and find the data in an easy and painless way.

Web3Graph ecosystem participants include Users, Producers, Curators and Consumers. Users will receive Web3Graph tokens (W3G) as rewards for sharing their data with Web3Graph; they will also benefit from enhanced and personalized services and products built using Web3Graph protocol. Producers include users, dApps, institutions and other and act as source data; they are rewarded by W3G tokens. Curators work on labeling, indexing and curating the data sets and are given W3G tokens as well. Customers make payments in W3G tokens to access Web3Graph Protocol. Web3Graph is also not built for a specific sector or vertical: users from DeFi, GameFi, SocialFi or other all can access and utilize the Web3Graph Protocol.

The team behind Web3Graph has many years of international experience in building missing critical software systems and products and led by Dr. Erozan Kurtas as the CEO of Web3Graph. He was the CEO of Bigdata Teknoloji a start-up firm with presence in Istanbul, New York and Amsterdam before joining Web3Graph. He was the Senior Vice President and Head of the Advanced Data Analytics Department at FINRA (Financial Industry Regulatory Organization in USA). In this role, he led the development of analytical tools that uses Machine Learning and Natural Language Processing algorithms and predictive models that transformed FINRA into a data driven organization. Before joining FINRA, he was at the United States Securities and Exchange Commission as an Assistant Director, where he founded and led the Quantitative Analytics Unit (QAU). Prior to entering the financial world, Dr. Kurtas was the Head of a Research and Development Department at Seagate Technology. He holds a Ph.D. from Northeastern University in Electrical and Computer Engineering and an MBA from Carnegie-Mellon University. Dr. Kurtas is the author/co-author of two books published by CRC Press and has over 100 peer reviewed articles in the general field of information theory and statistical signal processing that have appeared in top journals and conferences. Dr.Kurtas has 20 patents issued by the USPTO.

Website: https://web3graph.io/

Twitter: https://twitter.com/web3graph

Discord: https://discord.gg/vuffYdhWNf

Telegram group: https://t.me/Web3Graphchat

Web3Graph Community Activator Campaign

Web3Graph — Mon, 06 Jun 2022 05:55:10 GMT

⏳Duration: June 6- June 12

The top 10 ranked users with the most messages in the Telegram group(https://t.me/Web3Graphchat) every day will receive token rewards:

💰Price pool: 1,960 W3G
1–3: 50 W3G per day
4–6: 30 W3G per day
7–10:10 W3G per day

Rewards can be stacked, one user can get multiple rewards within a week.
We’ll count the ranks once a day.
The messages can be tracked by combot automatically.

Note*:

The messages must be associated with Web3Graph .
If you have any questions about the campaign, please contact us in our communities.
The Web3Graph team has the right to explain the details of the campaign.

Web3graph in Multi languages

Web3Graph — Mon, 30 May 2022 08:45:42 GMT

In order to benefit users in more countries, we are going to hold an event Web3graph in Multi languages !

We attach great importance to our community building, so we hope that people from different countries can actively participate in our community.

Through this event, we hope that more people can understand us and realize that we can play an essential role in the web3 era.

Time: May 30th — June 5th

Reward: 1,500 W3G

🥇1st Prize: 600 W3G for 6 winners

🥈2nd Prize: 500 W3G for 10 winners

🥉3rd Prize: 400 W3G for 40 winners

Join:

Pick one of the following topics on Web3Graph, translate it in your language & tweet and @web3graph
Send the tweet link to your language channel on our discord https://discord.gg/pZWUaMtEC3.

Select the tweet and translate in your language 👇

❇️Based on smart contracts and a powerful off-chain event engine, Web3Graph is able to provide event-driven open graphs for developers and decentralized applications. #web3graph #W3G #web3 @web3graph
💫Coming with #web3graph to access a distinct data infrastructure, you will have the right to own your data and manage its value! #W3G #web3 #crypto @web3graph
💠#Web3Graph not only provides social graph content for social application developers, but also sets a unified, open and secure data standard for future Web 3.0 dapps. #W3G #web3 #crypto @web3graph
✨As an open graph protocol for the Web 3.0 era, #Web3Graph is focused on providing graph information to Web 3.0 natives, providing devs with a fast and accurate way to exchange and present information and data. #W3G #web3 #crypto @web3graph
🔮Web3Graph builds an open graph based on on-chain and off-chain event data, becoming an indispensable engine for driving web3 applications! #W3G #web3 #crypto @web3graph

Note:

All winners need to have a level ≥ 3 in the discord community, or the number of invitees ≥ 3
Invite more, Rank higher, then the prizes will be more generous.
To maintain a fair community, multi-account participants, spammers and bots will be disqualified in the event.
The Web3Graph team has the right to explain the details of the campaign.

AMA Recap — AMA with Crypto Horses

Web3Graph — Thu, 12 May 2022 06:02:43 GMT

AMA Recap — AMA with Crypto Horses

Time: May 11th 12pm UTC

Part 1 — Introduction Questions

1.Could you please introduce “ WEB3GRAPH “ and your team to our community?

Thank you. I am Erozan Kurtaş. I am the CEO of Web3Graph.
We have an excellent team covering technical, marketing, community building and financial aspects. We have 11 people and two Advisors at the moment.
Some short background about me:
I was the CEO of Bigdata Teknoloji a start-up firm with presence in Istanbul, New York and Amsterdam before I joined Web3Graph.
I was the Senior Vice President and Head of the Advanced Data Analytics Department at FINRA ( Financial Industry Regulatory Organization in USA). In this role, I lead the development of analytical tools that uses Machine Learning and Natural Language Processing algorithms and predictive models that will transform FINRA into a data driven organization.
Before joining FINRA, I was at the United States Securities and Exchange Commission as an Assistant Director, where I founded and led the Quantitative Analytics Unit (QAU). In this role, I oversaw the growth of QAU from one person to over 25 in staff, most of them with advanced degrees like PhDs in technical fields. The focus of the department was to apply Machine Learning, Text Analytics, AI and Deep Learning techniques to identify fraud in financial institutions and markets. I also launched and led ground breaking projects during my tenure at the SEC: National Exam Analytics Tool (NEAT) for blotter analytics, High Frequency Analytics Lab (HAL) for the examination of high frequency firms, Machine Analyzed Risk Scoring (MARS) to risk rank all the IAs for exam planning, and Anti-Money Laundering models and systems, to name a few of them.
Prior to entering the financial world, I was the Head of a Research and Development Department at Seagate Technology.
I hold a Ph.D. from Northeastern University in Electrical and Computer Engineering. I also hold an MBA from Carnegie-Mellon University.
I am the author/co-author of two books published by CRC Press.
I have over 100 peer reviewed articles in the general field of information theory and statistical signal processing that have appeared in top journals and conferences.
I have 20 patents issued by the USPTO.
About Web3Graph now:
Traditional Open Graphs are more suitable for expressing behaviors and actions between two objects when expressing social relationships. However, for complex group activities, its representation suffers from the inconvenience of expression and search. We use Bi-partite graph representation to represent relationships among entities via Events they are part of. This allows us not only to capture the relationships between entities, its context but also time varying nature as well as the relationships among Events themselves.
The Web3Graph API provides developers with an easy way to access Graph data, and provides a unified way for Web 3.0 and Web 2.0 developers to access it. With the ability for Web 3.0 developers to access contracts directly, obtain graph data, build their own application ecosystems, and jumpstart their own application communities, Web 2.0 developers can access Web 3.0 data directly through Web 2.0 without complex modifications and without any knowledge of Web 3.0 technologies.
By accessing the data via Web3Graph protocol developers will shorten their development time significantly, understand their target customers much better and update their dApps based on the time varying nature of relationships presented by Web3Graph. As importantly users will be able to own, access and monetize their data.

2.What makes “WEB3GRAPH “ different to other crypto projects out there? What is your competitive advantage in the market?

The Open Graph reflects a person’s social behavior and relationships, for example, the one most widely used created by Facebook. However, there exists limitations at the application level — it is more suitable for expressing individual social relations, such as the behavior and actions of one person to an object or one person to another, such as one’s social circle. For complex group activities, it is not easy to represent and searchable. And Web3Graph facilitates data integration for Web 3.0 through its unique design.
Bi-Partite graph representation Web3Graph uses provides us a more efficient and complete way of capturing data sets. Event Engine acts on the data sets to transform them into a form that is represented by Bi-Partite graph.
The Event Engine is divided into two components. One is On-Chain Event Engine, which analyzes on-chain data and provides event correlation and data analysis for Web3Graph. The other is Off-Chain Event Engine, which acts as an Oracle to correlate events generated in Web 2.0 social networks and data analysis. Based on the analysis results of the Event Engine, everyone can access public data, relying on Web3Graph to obtain data.
We do not limit ourselves to a specific vertical and plan to serve as many as possible be it DeFi, GameFi etc. In all these vectors there is a common problem: how to access and analyze the data in a fast and efficient way. Web3Graph provides a standard protocol and efficient way to get and analyze data of all sorts.

3.Could you please provide some progress on your Roadmap and what results “WEB3GRAPH “ has achieved so far?

We would like to complete the Beta versions of Event engine, SDK, API, Graph QL, Browser Extension and Smart Contracts in the next 12–15 months and get the test network up an running. In the meantime we will spend considerable effort in community building, attracting participants to our ecosystem and forging new partnerships.
Please check our roadmap: note that we update our roadmap regularly based on our progress and the feedback we get from the community.
•2022 Q2
–Design Web3Graph Protocol
–Design and R&D of Event Engine
•2022 Q3
–Design and R&D of Web3Graph SDK
–Introduce developers into protocol testing
–Continue with the development of Event Engine
•2022 Q4
–R&D of Event Engine Off Chain module
–Introduce developers into OnChain API testing
–Design and R&D of Web3Graph API
–Integrate with Web3 DeFi protocol
–Integrate Web3 SocialFi protocol

4.What is the role of your token W3G in “ WEB3GRAPH”?

We are working on a fundamental problem that needs to be solved for Web3.0 to fulfil its enormous potential. We are not building a new blockchain platform or a fashionable dApp. We are building the backbone of Web3.0: we are working on a long term project. It will take time and a lot of effort to build what we want to build for the benefit of all participants in Web3.0 ecosystem. We are very open about this with investors and partners: Rome is not built in a day. That is why we are extra careful about who we accept investment from and who we partner with. We have an excellent team with proven track record: we do not jump from project to project or chase the “new hot thing”.
As we are a longterm infrastructure project, our investors and ecosystem partners are all well aware it will take time to generate sufficient revenue, but once the revenue is there it is almost always there: another way of saying this is, we do not plan to bring in a lot of revenue in a flash that may disappear in a flash… instead we want steady, sustainable and organic growth.
W3G is our native token. We incentivize our Producers and curators via our token. Our Consumers can pay us in our token as well. Producers can be the users, institutions, dApps or other, they provide data for Event Engine to operate on. Curators are labelers, indexers, delagators, curators or other, and they cleanse and normalize the data provided by the Producers. Consumers can be anyone including dApp developers, investors, marketing teams, users or other.

5.Where can we find out more about WEB3GRAPH ? Can you share us all your social media links?

We welcome everyone.
Please use our official links, please follow them to get the latest news and become part of our community:
Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph
Please remember: building Web3.0 the way WE All want it where we can ALL Own Our data depends on Our involvement. So please join us in this journey.

Part 2 — Twitter Questions

1.The Web3Graph API provides developers with an easy way to access Graph data. So what are these data and what kind of convenience does the Web3Graph API provide at this stage?

The Web3Graph API provides developers with an easy way to access Graph data, and provides a unified way for Web 3.0 and Web 2.0 developers to access it. With the ability for Web 3.0 developers to access contracts directly, obtain graph data, build their own application ecosystems, and jumpstart their own application communities, Web 2.0 developers can access Web 3.0 data directly through Web 2.0 without complex modifications and without any knowledge of Web 3.0 technologies.
Based on the Web3Graph APIs, Apps and developers will form a Web3Graph ecological base. Take games as an example, simply look at it, if many GameFi are built based on our Web3Graph, we can naturally form a Web3Graph-based game platform, which is not only a unified platform for account and payment system, but also has unity in user behavior and relationship, and this platform will constitute a social game meta. This platform will constitute a social game meta-universe platform.

2.I read that #web3graph aims to be the next generation of graphs, so can you explain us what are exactly the advantages that you have over traditional open graphs?

Social graphs reflect connections between people and people, and connections between organizations and people. Through the social graph, you can easily find your friends’ friends, organizations and things that your friends follow, etc.
Traditional Open Graphs are more suitable for expressing behaviors and actions between two objects when expressing social relationships. However, for complex group activities, its representation suffers from the inconvenience of expression and search. We use Bi-partite graph representation to represent relationships among entities via Events they are part of. This allows us not only to capture the relationships between entities, its context but also time varying nature as well as the relationships among Events themselves.
Web3Graph is an event-based graph that constructs relationships between things, behaviors, and people in a way that characterizes events. Web3Graph adopts Bipartite Graph to represent the relationship between behavior events and people, we can also generate the correlation graphs representing the relationships between people as well as the relationships between behavior events respectively by extracting information from the bipartite graph.

3.The success of a project also depends on the community. Do you have plans to spread awareness to both crypto users and non-crypto users in the world? Especially non-English speaking countries that may be restricted from accessing your Project?

Web3Graph is global. While the main language of our community is English, we will gradually open up other regional language channels to allow members from different regions to chat. Web3Graph has no restrictions on regions and members from all over the world are all welcome to join.
We focus on a number of active markets like Korea, Turkey, Holland, China and others. We are in talks with a number of players for partnerships and alliances.
Clearly it takes two to Tango: so please join our community and spread the word.
Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph

4.Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?

Tokensale — 16%
Team — 18% — 24 months cliff, vesting quarterly in 60 months
Advisor — 5% — 6 months cliff, vesting quarterly in 24 months
Airdrops — 2% — Initially airdrop 0.2%, the rest release on demand
Community — 8% — Unlocking after main net launched
Marketing — 6% — Initially unlock 35%, unlocked on market demand
Ecosystem — 35% — Rewards for developers, linear unlocking
Long Term Foundation — 10% — Unlock on the discretion of the community
We plan to limit Total Supply to 1Billion tokens.
I also want to note that Team has a cliff period of 24 months, that is the team does not receive tokens during the cliff period.

5.Crypto is growing fast but despite the potential for massive growth, there is also an unfortunate amount of scams. So to provide investors peace of mind, has your Smart Contract been audited? And as for the team, have you passed any KYC processes? Or when Doxxed?

Firstly, ownership of the data belongs to the user. That is at the core of Web3.0.
Web3Graph will only process its data with event-driven tagging to form a database after it has been authorized by the user.
When the protocol database is adopted by developers or projects, rewards will be given to the corresponding role group, and decisions on whether or not to access the project ecosystem are still authorized and decided by the users themselves. In summary, there is no data abuse or privacy violation.
Security is very important for any platform and we also take security very seriously. We want to keep our users and their funds safe at all times. We will submit our smart contracts to auditors for audit, such as Certik. And we’ll release the Audit report once it passes.

Part 3 — Live Questions

1.Almost 4/5 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?

We are working on a fundamental problem that needs to be solved for Web3.0 to fulfil its enormous potential. We are not building a new blockchain platform or a fashionable dApp. We are building the backbone of Web3.0: we are working on a long term project. It will take time and a lot of effort to build what we want to build for the benefit of all participants in Web3.0 ecosystem. We are very open about this with investors and partners: Rome is not built in a day. That is why we are extra careful about who we accept investment from and who we partner with. We have an excellent team with proven track record: we do not jump from project to project or chase the “new hot thing”.
As we are a longterm infrastructure project, our investors and ecosystem partners are all well aware it will take time to generate sufficient revenue, but once the revenue is there it is almost always there: another way of saying this is, we do not plan to bring in a lot of revenue in a flash that may disappear in a flash… instead we want steady, sustainable and organic growth.
Many projects suffer from short-term illness: lets print a coin and market it enough so that price goes up… then? Scams, abandoned projects, dApps that have a life time of a few months… You have seen this happen many times. Quick profit greed without real contribution to Web3.0 and focusing solely on the market price of coins… This is not our vision here.
The portion of our W3G tokens allocated to our team has a 24 months cliff period that starts with the listing: that is no team member will receive a single token until 2 years after the listing. In addition to that the vesting period for the team tokens is 5 years. So we are talking about a 7 year time period for the team to receive tokens; we believe such measures align the interests of investors and the team members very well.
We build technology that will last long time not disappear in a flash.

2.Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?

Excellent question. We use Agile methodology when building our technology. We test our designs with our partners and early adapters. As I mentioned before building the technology in isolation is not the way of Web3.0 We buid with the help of the community and for the community.

3.IS This Your project only for elite investors, How about other’s with small funds, Is it open to everyone???

Thank you. For us there is no difference among our participants in our ecosystem. The concept of “elite” is an alien term for us: everyone is welcome and equal in our ecosystem. One can differentiate herself/himself by community involvement and contribution.

4.I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, does you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?

Absolutely! It is very important to invite developers and others to participate in the development. We want an organic growth. We want you to find the bugs if there are any; test drive it and give us suggestions; we do not take offense at any criticism, we value your opinions.

5.Where i can get all the latest news about ? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?

Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph

AMA Recap — AMA with ZTH Crypto | ID

Web3Graph — Tue, 10 May 2022 04:02:53 GMT

AMA Recap — AMA with ZTH Crypto | ID

Time: May 9th 12pm UTC

Part 1 — Introduction Questions

1.Let’s start with your and your team’s introduction! Which are your past experiences and roles? How many members currently work on Web3Graph?

2.Btw, Out of curiosity, why did you choose this name? Is there any backup story?

We are working on a fundamental infrastructure project for Web3.0. We are building a bi-partite graph based protocol to give access to everyone to data in an easy and efficient way. Data, data sovereignty and access are at the core of Web3.0 and our technology. So the name comes from combining the Web3.0 and the unique bi-partite graph representation we use: Web3Graph.

3.Lets talk about Web3Graph 🔥
What is Web3Graph , please give us a brief introduction!

Traditional Open Graphs are more suitable for expressing behaviors and actions between two objects when expressing social relationships. However, for complex group activities, its representation suffers from the inconvenience of expression and search. We use Bi-partite graph representation to represent relationships among entities via Events they are part of. This allows us not only to capture the relationships between entities, its context but also time varying nature as well as the relationships among Events themselves.
The Web3Graph API provides developers with an easy way to access Graph data, and provides a unified way for Web 3.0 and Web 2.0 developers to access it. With the ability for Web 3.0 developers to access contracts directly, obtain graph data, build their own application ecosystems, and jumpstart their own application communities, Web 2.0 developers can access Web 3.0 data directly through Web 2.0 without complex modifications and without any knowledge of Web 3.0 technologies.
By accessing the data via Web3Graph protocol developers will shorten their development time significantly, understand their target customers much better and update their dApps based on the time varying nature of relationships presented by Web3Graph. As importantly users will be able to own, access and monetize their data.

4.Talking about the marketing strategy, which are your current partners?

We are not building a new blockchain platform; we are not building a new dApp either. We are vertical, segment or region agnostic. Huobi is our Lead Investor and we are working with them to partner in different sectors like DeFİ, GameFi, socialFi etc. Aki Networks for example is a partner for Trading related activities.

5.Can you elaborate the ecosystem, how it works? What’s the revenue model?

We incentivize our Producers and curators via our token, W3G. Our Consumers can pay us in our token as well. Producers can be the users, institutions, dApps or other, they provide data for Event Engine to operate on. Curators are labelers, indexers, delagators, curators or other, and they cleanse and normalize the data provided by the Producers. Consumers can be anyone including dApp developers, investors, marketing teams, users or other.
Our current allocation is:
Tokensale — 16% — Specified in the Sale Details
Team — 18% — 24 months cliff, vesting quarterly in 60 months
Advisor — 5% — 6 months cliff, vesting quarterly in 24 months
Airdrops — 2% — Initially airdrop 0.2%, the rest release on demand
Community — 8% — Unlocking after main net launched
Marketing — 6% — Initially unlock 35%, unlocked on market demand
Ecosystem — 35% — Rewards for developers, linear unlocking
Long Term Foundation — 10% — Unlock on the discretion of the community

6.Lets talk about Tokensale , please give us a brief introduction!

We are working with number of investors. As I mentioned Huobi is our lead investor. We will be moving to different rounds soon.

7.Last Question ! What are the key milestones on your roadmap — both things you have already achieved and things that we can look forward to? Any short/long term technical milestones that you want to talk about or bring some attention to?

Part 2— Twitter Questions

1.The utility of the token is one of the factors that fueled the “Credibility and Potential” project. So what is the use and role of $W3G in the ecosystem?

2.WEB3GRAPH bridges the gap between Web2 and Web3. So, how can you attract customers who conduct all of their business on Web2, are acclimated to it, and are wary about making the switch to Web3?

Web3Graph is an event-based graph that constructs relationships between things, behaviors, and people in a way that characterizes events. Web3Graph adopts Bipartite Graph to represent the relationship between behavior events and people, we can also generate the correlation graphs representing the relationships between people as well as the relationships between behavior events respectively by extracting information from the bipartite graph.
We collect both off-chain and on-chain data. Our Event Engine organizes the data using bi-partite representation which is a completely different way of representing, indexing and labeling data. We are able to capture time dependency of data sets as we see data as an evolving entity with its past, present and future. We provide a variety of ways to access the data via SDK, Open API, GraphQL, Browser Extensions or via direct Smart Contract Calls.
We provide a very easy way to our Web2.0 users to access our protocol via our Browser Extension. Increasing awareness of Web2.0 participants not only about or project but Web3.0 what it stands for is very important. As Web2.0 users understand that they have the right to own, use and monetize their own data, we believe the switch will be expedited. Our goal is to give Web2.0 the easiest way to access and control their data via Web3Graph.

3.The Web3 is currently experiencing an impressive boom, but users are not yet familiar with this technology. So how will Web3Graph drive web3 adoption and what benefits will this technology bring to your ecosystem?

As I mentioned before Data Sovereignty is a key aspect of Web3.0 and we all need to educate everyone about it. The days of our data to be controlled and monetized by big centralized companies will be over if we can increase this awareness. Web3Graph provides the technology to empower people, users, developers… all participants across the globe.

4.The success of a project also depends on the community. Do you have plans to spread awareness to both crypto users and non-crypto users in the world? Especially non-English speaking countries that may be restricted from accessing your Project?

Web3Graph is a global system. We initially focus on a number of active markets like Korea, Turkey, Holland, China and others. We are in talks with a number of players for partnerships and alliances.
Web3Graph is global. While the main language of our community is English, we will gradually open up other regional language channels to allow members from different regions to chat. Web3Graph has no restrictions on regions and members from all over the world are all welcome to join.

5.Can you provide us with information about your Roadmap; the product development stage, achievements and plans for the near future?

Please check our roadmap: note that we update our roadmap regularly based on our progress and the feedback we get from the community.
•2022 Q2
–Design Web3Graph Protocol
–Design and R&D of Event Engine
•2022 Q3
–Design and R&D of Web3Graph SDK
–Introduce developers into protocol testing
–Continue with the development of Event Engine
•2022 Q4
–R&D of Event Engine Off Chain module
–Introduce developers into OnChain API testing
–Design and R&D of Web3Graph API
–Integrate with Web3 DeFi protocol
–Integrate Web3 SocialFi protocol
We would like to complete the Beta versions of Event engine, SDK, API, Graph QL, Browser Extension and Smart Contracts in the next 12–15 months and get the test network up an running. In the meantime we will spend considerable effort in community building, attracting participants to our ecosystem and forging new partnerships.

Part 3—Live Questions

1.One of the main problems with smart contracts today is that there is a very high risk of bugs that allow Hackers to Steal the Funds and incur significant losses for project and its users. Can you tell us about the solutions that Web3Graph offers to prevent this?

2.Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?

Tokensale — 16% — Specified in the Sale Details
Team — 18% — 24 months cliff, vesting quarterly in 60 months
Advisor — 5% — 6 months cliff, vesting quarterly in 24 months
Airdrops — 2% — Initially airdrop 0.2%, the rest release on demand
Community — 8% — Unlocking after main net launched
Marketing — 6% — Initially unlock 35%, unlocked on market demand
Ecosystem — 35% — Rewards for developers, linear unlocking
Long Term Foundation — 10% — Unlock on the discretion of the community

3.Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?

4.While you build your project, do you take into account community feedbacks and demands?

There is no Web3.0 without the community. We do not separate our product from the community: we design, develop and improve for the community and with the community. Your feedbacks, suggestions and input are always welcome.

5.Where I can get the latest updates or more information about the project?

Please use our official links, please follow them to get the latest news and become part of our community:
Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph

AMA Recap — AMA with Crypto Forum

Web3Graph — Sat, 07 May 2022 05:02:49 GMT

AMA Recap — AMA with Crypto Forum

Time: May 6th 12pm UTC

Part 1 — Introduction Questions

1.Please introduce yourself with us. How and when you have started? How did you get involved in the crypto? What’s your role in #WEB3GRAPH ?

Thank you. I am Erozan Kurtaş. I am the CEO of Web3Graph. I am very excited to be here.
Vision behind Web3Graph starts with an observation: Data is scattered across fractured islands in Web2.0 and Web3.0 which is a huge obstacle in front of developers. We are developing an open-graph protocol (Web3Graph) to unleash the power of Web3.0 by empowering developers with fast, easy, and efficient access to data. We have been working on designing and developing Web3Graph for several quarters. It is a long-term infrastructure project.

2.Can you please give us a brief description of what the #WEB3GRAPH is about?

Traditional Open Graphs are more suitable for expressing behaviors and actions between two objects when expressing social relationships. However, for complex group activities, its representation suffers from the inconvenience of expression and search. We use Bi-partite graph representation to represent relationships among entities via Events they are part of. This allows us not only to capture the relationships between entities, its context but also time varying nature as well as the relationships among Events themselves.
We see data as a living being with its past, present and future.
We are able to capture time dependency of the data sets.
The Web3Graph API provides developers with an easy way to access Graph data, and provides a unified way for Web 3.0 and Web 2.0 developers to access it. With the ability for Web 3.0 developers to access contracts directly, obtain graph data, build their own application ecosystems, and jumpstart their own application communities, Web 2.0 developers can access Web 3.0 data directly through Web 2.0 without complex modifications and without any knowledge of Web 3.0 technologies.
By accessing the data via Web3Graph protocol developers will shorten their development time significantly, understand their target customers much better and update their dApps based on the time varying nature of relationships presented by Web3Graph. As importantly users will be able to own, access and monetize their data.

3.Can you tell us some about your team and their experiences in the market?

We have an excellent team with many years of mission critical software development. We have international experience at top notch companies and institutions.
I was the CEO of Bigdata Teknoloji a start-up firm with presence in Istanbul, New York and Amsterdam before I joined Web3Graph.
I was the Senior Vice President and Head of the Advanced Data Analytics Department at FINRA ( Financial Industry Regulatory Organization in USA). In this role, I lead the development of analytical tools that uses Machine Learning and Natural Language Processing algorithms and predictive models that will transform FINRA into a data driven organization.
Before joining FINRA, I was at the United States Securities and Exchange Commission as an Assistant Director, where I founded and led the Quantitative Analytics Unit (QAU). In this role, I oversaw the growth of QAU from one person to over 25 in staff, most of them with advanced degrees like PhDs in technical fields. The focus of the department was to apply Machine Learning, Text Analytics, AI and Deep Learning techniques to identify fraud in financial institutions and markets. I also launched and led ground breaking projects during my tenure at the SEC: National Exam Analytics Tool (NEAT) for blotter analytics, High Frequency Analytics Lab (HAL) for the examination of high frequency firms, Machine Analyzed Risk Scoring (MARS) to risk rank all the IAs for exam planning, and Anti-Money Laundering models and systems, to name a few of them.
Prior to entering the financial world, I was the Head of a Research and Development Department at Seagate Technology.
I hold a Ph.D. from Northeastern University in Electrical and Computer Engineering. I also hold an MBA from Carnegie-Mellon University.
I am the author/co-author of two books published by CRC Press.
I have over 100 peer reviewed articles in the general field of information theory and statistical signal processing that have appeared in top journals and conferences.
I have 20 patents issued by the USPTO.
I am also happy to announce Will Martino who is the President and co-founder of Kadena has joined us as an Advisor. He brings wealth of real experience in Blockchain field.

4.What are you looking most forward to doing in #WEB3GRAPH ?

Our goal is to give Web3.0 participants data sovereignty and easy access via our open-graph based Web3Graph protocol. We do not limit ourselves to a specific sector like DeFi, GameFi etc… We believe easy, secure, standardized and fast access to data will unleash the full power of Web3.0 and allow all the participants to benefit greatly.
I look forward to the day We all can say MY data is My asset and You cannot touch it unless I let you… Web3Graph paves the way towards this ambitious and noble goal.

5.At what stage is your roadmap now? What are your next steps?

We would like to complete the Beta versions of Event Engine, SDK, API, Graph QL, Browser Extension and Smart Contracts in the next 12–15 months and get the test network up an running. In the meantime we will spend considerable effort in community building, attracting participants to our ecosystem and forging new partnerships. We hope to have the MVP of Browser Extension end of June.
Please check our roadmap: note that we update our roadmap regularly based on our progress and the feedback we get from the community.

•2022 Q2
–Design Web3Graph Protocol
–Design and R&D of Event Engine

•2022 Q3
–Design and R&D of Web3Graph SDK
–Introduce developers into protocol testing
–Continue with the development of Event Engine

•2022 Q4
–R&D of Event Engine Off Chain module
–Introduce developers into OnChain API testing
–Design and R&D of Web3Graph API
–Integrate with Web3 DeFi protocol
–Integrate Web3 SocialFi protocol

Part 2 — Twitter Questions

1.What are your expectations from the global market? How do you plan to expand your business worldwide to make your WEB3GRAPH project successful? What features are so attractive that they cannot be compared with other features that will make your project popular and successful?

Web3Graph is an event-based graph that constructs relationships between things, behaviors, and people in a way that characterizes events. Web3Graph adopts Bipartite Graph to represent the relationship between behavior events and people, we can also generate the correlation graphs representing the relationships between people as well as the relationships between behavior events respectively by extracting information from the bipartite graph.
We collect both off-chain and on-chain data. Our Event Engine organizes the data using bi-partite representation which is a completely different way of representing, indexing and labeling data. We are able to capture time dependency of data sets as we see data as an evolving entity with its past, present and future. We provide a variety of ways to access the data via SDK, Open API, GraphQL, Browser Extensions or via direct Smart Contract Calls.
We are Not building a new Blockchain platform or a new dApp.
We are not tied to a specific vertical, segment or region: Web3Graph is global by default.

2.One of the main problems with smart contracts today is that there is a very high risk of bugs that allow Hackers to Steal the Funds and incur significant losses for project and its users. Can you tell us about the solutions that Web3Graph offers to prevent this?

This is a very important question. Firstly, ownership of the data belongs to the user. That is at the core of Web3.0.
Web3Graph will only process its data with event-driven tagging to form a database after it has been authorized by the user.
When the protocol database is adopted by developers or projects, rewards will be given to the corresponding role group, and decisions on whether or not to access the project ecosystem are still authorized and decided by the users themselves. In summary, there is no data abuse or privacy violation.
Security is very important for any platform and we also take security very seriously. We want to keep our users and their funds safe at all times. We will submit our smart contracts to auditors for audit, such as Certik. And we’ll release the Audit report once it passes.

3.I see that the $W3G token will be your project’s native token. Would you please discuss to us the use-cases and functions of the $W3G towards your platform and products? In what ways can users make use of their $W3G tokens?

W3G is our native token. We incentivize our Producers and curators via our token. Our Consumers can pay us in our token as well. Producers can be the users, institutions, dApps or other, they provide data for Event Engine to operate on. Curators are labelers, indexers, delegators, curators or other, and they cleanse and normalize the data provided by the Producers. Consumers can be anyone including dApp developers, investors, marketing teams, users or other.

Our token allocation plan is as follows:
Tokensale — 16%
Team — 18% — 24 months cliff, vesting quarterly in 60 months
Advisor — 5% — 6 months cliff, vesting quarterly in 24 months
Airdrops — 2% — Initially airdrop 0.2%, the rest release on demand
Community — 8% — Unlocking after main net launched
Marketing — 6% — Initially unlock 35%, unlocked on market demand
Ecosystem — 35% — Rewards for developers, linear unlocking
Long Term Foundation — 10% — Unlock on the discretion of the community

4.While you build your project, do you take into account community feedbacks and demands?

Please use our official links, and follow them to get the latest news and become part of our community:
Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph

5.Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of the token? What are the benefits of token long-term holders?

We are working on a fundamental problem that needs to be solved for Web3.0 to fulfil its enormous potential. We are not building a new blockchain platform or a fashionable dApp. We are building the backbone of Web3.0: we are working on a long term project. It will take time and a lot of effort to build what we want to build for the benefit of all participants in Web3.0 ecosystem. We are very open about this with investors and partners: Rome is not built in a day. That is why we are extra careful about who we accept investment from and who we partner with. We have an excellent team with proven track record: we do not jump from project to project or chase the “new hot thing”.
As we are a longterm infrastructure project, our investors and ecosystem partners are all well aware it will take time to generate sufficient revenue, but once the revenue is there it is almost always there: another way of saying this is, we do not plan to bring in a lot of revenue in a flash that may disappear in a flash… instead we want steady, sustainable and organic growth.
Many projects suffer from short-term illness: lets print a coin and market it enough so that price goes up… then? Scams, abandoned projects, dApps that have a life time of a few months… You have seen this happen many times. Quick profit greed without real contribution to Web3.0 and focusing solely on the market price of coins… This is not our vision here.

Part 3— Live Questions

1.Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.

Great question. We are building the infrastructure for Web3.0 That is we are building the Future. You are crypto investor or not, you will live in that future. If you want to own your data, have sovereignty over it and monetize it, then join us. We do not limit ourselves to specific audiences, we are global as the future is universal.

2.How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Another great question. Although our current official language is English, we are global by default. We are working with communities where the language is other than English. We are in fact developing the universal language for Web3.0 data access. We welcome everyone.

3.Can you share to us your tokenomics? How much is the total and circulation supply of your tokens? Will there be buy back system or token burning in the future?

4.I have a one question for you Can you list 1–3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?

Great question. We are different than others from the source: data. We see data as a time varying, evolving entity. Others look at it as if data is dead, static…hence they use the decades old approach of open graph of Web2.0. Whatever they build will fail if the foundation is shaky. We use Bi-Partite graphs to represent the data: our representation contains the context and time dependency by its nature. We capture and link events and entities. This allows us to aggregate behavioral data and support dApps or users from all sectors. Our Open API, GraphQL, SDK, Browser Extension and direct Smart Contract Access enables everyone to reach the data sets with ease and efficiency.

5.Where i can get all the latest news about ? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?

Airdrop Feast: Web3Graph is giving everyone W3G tokens

Web3Graph — Fri, 06 May 2022 04:59:47 GMT

We are excited to announce that we are going to host an airdrop feast — the first Web3Graph token airdrop!

Web3Graph is the advanced event-based open graph for Web 3.0, focusing on providing developers and dapps with event-driven social graph in the Web3.0 era.

Visit Our website https://web3graph.io for more details about us!

⏰Time: May 6th 10am utc— May 21th 10am utc

🎁Prize Pool: 55500 W3G for 500 winners

Reward Details:
Top 1–20: 300 W3G/each
Top 21–50: 250 W3G/each
Top 51–100: 200 W3G/each
Top 101–200: 150 W3G/each
Top 201–300: 100 W3G/each
Top 301–400: 50 W3G/each
Top 401–500: 20 W3G/each

🪂Participate Method

https://gleam.io/94uxQ/web3graph-airdrop

Tasks:
1. Follow twitter @web3graph https://twitter.com/web3graph
2. Tweet with the hashtag #web3graph and show your love to Web3Graph
3. Join https://t.me/Web3Graphchat on telegram
4. Follow https://t.me/Web3Graphofficial on telegram
5. Join discord https://discord.gg/vuffYdhWNf
6. Visit YouTube channel: https://www.youtube.com/channel/UCVkZVPaN8Jo3k1lpBVb_POA
7. Subscribe medium https://medium.com/@Web3_Graph
8. Leave Ethereum wallet address
9. Refer your friends for more entries

Note:

The rewards will be distributed to the winners one week before TGE.
To qualify for any of the rewards, ensure that you complete the tasks as stated.
Fake accounts/bots will be automatically rejected.
Web3Graph has the right of final interpretation of this activity.

AMA Recap — AMA with Crypto SquadX Community

Web3Graph — Fri, 06 May 2022 02:03:04 GMT

AMA Recap — AMA with Crypto SquadX Community

Time: May 5th 11am UTC

Part 1 — Introduction questions

1) Briefly tell us about Web3Graph and the team behind it ?

Vision behind Web3Graph starts with an observation: Data is scattered all across fractured islands in Web2.0 and Web3.0 which is a huge obstacle in front of developers. We are developing an open-graph protocol (Web3Graph) to unleash the power of Web3.0 by empowering developers with fast, easy, and efficient access to data.

We have over 25 years of experience in dealing with all sorts of data sets. We suffered because of lack of standard and easy access to data that comes in various forms and shapes. As a result most developers spend considerable amount of their time collecting, cleansing and normalizing data sets rather than focusing on building their apps. This creates a huge obstacle in front of Web3.0 and unless it is solved Web3.0 will fall short of delivering its promises.

We have an excellent team with many years of mission critical software development.
I have a short summary of my background, I will copy below for reference
I was the CEO of Bigdata Teknoloji a start-up firm with presence in Istanbul, New York and Amsterdam before I joined Web3Graph.
I was the Senior Vice President and Head of the Advanced Data Analytics Department at FINRA ( Financial Industry Regulatory Organization in USA). In this role, I lead the development of analytical tools that uses Machine Learning and Natural Language Processing algorithms and predictive models that will transform FINRA into a data driven organization.

Before joining FINRA, I was at the United States Securities and Exchange Commission as an Assistant Director, where I founded and led the Quantitative Analytics Unit (QAU). In this role, I oversaw the growth of QAU from one person to over 25 in staff, most of them with advanced degrees like PhDs in technical fields. The focus of the department was to apply Machine Learning, Text Analytics, AI and Deep Learning techniques to identify fraud in financial institutions and markets. I also launched and led ground breaking projects during my tenure at the SEC: National Exam Analytics Tool (NEAT) for blotter analytics, High Frequency Analytics Lab (HAL) for the examination of high frequency firms, Machine Analyzed Risk Scoring (MARS) to risk rank all the IAs for exam planning, and Anti-Money Laundering models and systems, to name a few of them.

Prior to entering the financial world, I was the Head of a Research and Development Department at Seagate Technology.
I hold a Ph.D. from Northeastern University in Electrical and Computer Engineering. I also hold an MBA from Carnegie-Mellon University.
I am the author/co-author of two books published by CRC Press.
I have over 100 peer reviewed articles in the general field of information theory and statistical signal processing that have appeared in top journals and conferences.
I have 20 patents issued by the USPTO.

2) What all are the Benefits provided by Web3Graph to its users?

By accessing the data via Web3Graph protocol developers will shorten their development time significantly, understand their target customers much better and update their dApps based on the time varying nature of relationships presented by Web3Graph.

3) Can you Simply define Web3Graph Graph API?

Based on the Web3Graph APIs, Apps and developers will form a Web3Graph ecological base. Take games as an example, simply look at it, if many GameFi are built based on our Web3Graph, we can naturally form a Web3Graph-based game platform, which is not only a unified platform for account and payment system, but also has unity in user behavior and relationship, and this platform will constitute a social game meta. This platform will constitute a social game meta-universe platform.

4) What are the features that makes Web3Graph unique from others?

We collect both off-chain and on-chain data. Our Event Engine organizes the data using bi-partite representation which is a completely different way of representing, indexing and labeling data. We are able to capture time dependency of data sets as we see data as an evolving entity with its past, present and future. We provide a variety of ways to access the data via SDK, Open API, GraphQL, Browser Extensions or via direct Smart Contract Calls.

5) Share the Roadmap of Web3Graph.

Here is a rough outline of our roadmap
2022 Q2
–Design Web3Graph Protocol
–Design and R&D of Event Engine
2022 Q3
–Design and R&D of Web3Graph SDK
–Introduce developers into protocol testing
–Continue with the development of Event Engine
2022 Q4
–R&D of Event Engine Off Chain module
–Introduce developers into OnChain API testing
–Design and R&D of Web3Graph API
–Integrate with Web3 DeFi protocol
–Integrate Web3 SocialFi protocol

Part 2 Twitter questions — 5 questions

1) What is your vision in the end? What does the project want to achieve in the long term and how do you plan to achieve it? How will your main vision and mission make a difference in the world?

Our goal is to give Web3.0 participants data sovereignty and easy access via our open-graph based Web3Graph protocol. We do not limit ourselves to a specific sector like DeFi, GameFi etc… We believe easy, secure, standardized and fast access to data will unleash the full power of Web3.0 and allow all the participants to benefit greatly.
We are a long term infrastructure project that will make Web3.0 fulfill its promise.

2) It is unfortunate that some projects remain half way because their developers abandon the concept because they cannot achieve the desired capitalization in the long term; how do you plan to make this project sustainable for its development?

Excellent question. It is a normal process in the evolution of any new technology to see the similar patterns of explosion of ideas, projects and products. At the same time natural selection process works and only the most relevant and well crafted solutions survive.
We are working on a fundamental problem that needs to be solved for Web3.0 to fulfil its enormous potential. We are not building a new blockchain platform or a fashionable dApp. We are building the backbone of Web3.0: we are working on a long term project. It will take time and a lot of effort to build what we want to build for the benefit of all participants in Web3.0 ecosystem. We are very open about this with investors and partners: Rome is not built in a day. That is why we are extra careful about who we accept investment from and who we partner with. We have an excellent team with proven track record: we do not jump from project to project or chase the ;new hot thing”.
As we are a longterm infrastructure project, our investors and ecosystem partners are all well aware it will take time to generate sufficient revenue, but once the revenue is there it is almost always there: another way of saying this is, we do not plan to bring in a lot of revenue in a flash that may disappear in a flash… instead we want steady, sustainable and organic growth.
We build technology that will last long time not disappear in a flash.

3) During the 2021 I got scammed a few times, rugs, exit scams etc. — how can we investors be sure that this will not be similar? do you have a trusted team member?

That is a fair question. We are talking to number of top VSs and going through an extensive due diligence process. Clearly it is important for investors and participants need to be extra careful during the times of innovative explosions. We believe in transparency and openness. The portion of our W3G tokens allocated to our team has a 24 months cliff period that starts with the listing: that is, no team member will receive a single token until 2 years after the listing. In addition to that the vesting period for the team tokens is 5 years. So we are talking about a 7 year time period for the team to receive tokens; we believe such measures align the interests of investors and the team members very well.

4) Currently, most projects and platforms are in English. How will you reach non-English local communities? Do you have any plan for them to better understand your project?

5) Is Web3Graph secured and safe from hackers’ attack? What can your project guarantee or promise in terms of security and privacy of users?

Part 3 — Live questions

1) Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?

Here are our official links, please follow them to get the latest news:
Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph

2) IS This Your project only for elite investors, how about others with small funds, is it open to everyone?

Of course! With Web3Graph as the underlying base protocol, there is no cost for users to enter the ecosystem; instead, users who provide data to the platform will be given native tokens from the platform as an incentive. The corresponding eco-projects that use data from the Web3Graph protocol will also give benefits to the owners of the data, without any burden.

3) How did you get the community involved in developing the project? and how do you build a strong community to grow globally?

We incentivize our Producers and curators via our token. Our Consumers can pay us in our token as well. Producers can be the users, institutions, dApps or other, they provide data for Event Engine to operate on. Curators are labelers, indexers, delagators, curators or other, and they cleanse and normalize the data provided by the Producers. Consumers can be anyone including dApp developers, investors, marketing teams, users or other.

Please check here.
Tokensale — 16% — Specified in the Sale Details
Team — 18% — 24 months cliff, vesting quarterly in 60 months
Advisor — 5% — 6 months cliff, vesting quarterly in 24 months
Airdrops — 2% — Initially airdrop 0.2%, the rest release on demand
Community — 8% — Unlocking after main net launched
Marketing — 6% — Initially unlock 35%, unlocked on market demand
Ecosystem — 35% — Rewards for developers, linear unlocking
Long Term Foundation — 10% — Unlock on the discretion of the community

4) Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?

Yes, we are making great progress. Yet we are aware of the size and importance of the problem we are trying to solve. It is a long term infrastructure project. In addition to technology dimension, bulding our ecosystem is crucial. This is where you come in! Do you want to OWN your Own Data? do you have an easy way to Access it? Do you want to MONETİZE it? If yes, please do get involved. Web3Graph Wants YOU!

5) How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?

Unleashing the power of Web3.0 with Web3Graph Protocol

Web3Graph — Thu, 05 May 2022 07:04:16 GMT

From Web3Graoh CEO Erozan Kurtas

Web3Graph is an open-graph based protocol that provides standard, uniform, easy and efficient access to Web3.0 participants. Data is scattered across isolated islands and controlled mostly by centralized entities: Web3Graph gives back data sovereignty to the users and empowers them to own, control, access and monetize it.

We use bi-partite representation instead of the commonly used social graph models to represent, label and index data. This representation allows more efficient construction models of relationship among entities
and events. Web3Graph captures and constructs the context dependent relationships among entities and able to represent the time dependency of these: we see data as a living being with its past, present and future.

Web3Graph protocol collects both off-chain and on-chain data. Our Event Engine process the data to represent via bi-partite system and allows easy labeling and indexing. We are building variety of access channels for Web2.0 and Web3.0 participants to access using Web3Graph protocol: SDK, Open API, GraphQL, Browser Extension and direct access to Smart Contracts will enable the participants reach and find the data in an easy and painless way.

Our ecosystem is user centric, and all participants are incentivized to have sustainable and organic growth. Web3Graph ecosystem participants include Users, Producers, Curators and Consumers. Users will receive Web3Grapg tokens (W3G) as rewards for sharing their data with Web3Graph; they will also benefit from enhanced and personalized services and products built using Web3Graph protocol.

Producers include users, dApps, institutions and other and act as source data; they are rewarded by W3G tokens. Curators work on labeling, indexing and curating the data sets and are given W3G tokens as well. Customers make payments in W3G tokens to access Web3Graph Protocol.

Web3Graph is blockchain agnostic and is designed to work with any blockchain platforms. Web3Graph is also not built for a specific sector or vertical: users from DeFi, GameFi, SocialFi or other all can access and utilize the Web3Graph Protocol.

The team behind Web3Graph has many years of international experience in building missing critical software systems and products and led by Dr. Erozan Kurtas as the CEO of Web3Graph.
Education:
Ph.D. from Northeastern University in Electrical and Computer Engineering;
MBA from Carnegie-Mellon University;
Author/co-author of two books published by CRC Press and has over 100 peer reviewed articles in the general field of information theory and statistical signal processing that have appeared in top journals and conferences;
Dr. Kurtas has 20 patents issued by the USPTO.
Experience:
Head of a Research and Development Department at Seagate Technology;
Assistant Director at the United States Securities and Exchange Commission and founded, where he led the Quantitative Analytics Unit (QAU);
Senior Vice President and Head of the Advanced Data Analytics Department at FINRA (Financial Industry Regulatory Organization in USA), where he led the development of analytical tools that uses Machine Learning and Natural Language Processing algorithms and predictive models that transformed FINRA into a data driven organization;
CEO of Bigdata Teknoloji a start-up firm with presence in Istanbul, New York and Amsterdam.

AMA Recap — AMA with The Crypto Lion Community

Web3Graph — Tue, 03 May 2022 05:10:12 GMT

AMA Recap — AMA with The Crypto Lion Community

Time: 29th April 12pm UTC

Part 1 — Introduction questions

1) Can you introduce yourself to our community?

Thank you. I am Erozan Kurtaş. I am the CEO of Web3Graph. I am very excited to be here.
We have an excellent team with many years of mission critical software development.
I was the CEO of Bigdata Teknoloji a start-up firm with presence in Istanbul, New York and Amsterdam before I joined Web3Graph.
I was the Senior Vice President and Head of the Advanced Data Analytics Department at FINRA ( Financial Industry Regulatory Organization in USA). In this role, I lead the development of analytical tools that uses Machine Learning and Natural Language Processing algorithms and predictive models that will transform FINRA into a data driven organization.
Before joining FINRA, I was at the United States Securities and Exchange Commission as an Assistant Director, where I founded and led the Quantitative Analytics Unit (QAU). In this role, I oversaw the growth of QAU from one person to over 25 in staff, most of them with advanced degrees like PhDs in technical fields. The focus of the department was to apply Machine Learning, Text Analytics, AI and Deep Learning techniques to identify fraud in financial institutions and markets. I also launched and led ground breaking projects during my tenure at the SEC: National Exam Analytics Tool (NEAT) for blotter analytics, High Frequency Analytics Lab (HAL) for the examination of high frequency firms, Machine Analyzed Risk Scoring (MARS) to risk rank all the IAs for exam planning, and Anti-Money Laundering models and systems, to name a few of them.
Prior to entering the financial world, I was the Head of a Research and Development Department at Seagate Technology.
I hold a Ph.D. from Northeastern University in Electrical and Computer Engineering. I also hold an MBA from Carnegie-Mellon University.
I am the author/co-author of two books published by CRC Press.
I have over 100 peer reviewed articles in the general field of information theory and statistical signal processing that have appeared in top journals and conferences.
I have 20 patents issued by the USPTO.

2) Can you give a brief introduction to Web3Graph?

Data is scattered all across fractured islands in Web2.0 and Web3.0 which is a huge obstacle in front of developers. We are developing an open-graph protocol (Web3Graph) to unleash the power of Web3.0 by empowering developers with fast, easy, and efficient access to data.
It is a Web3.0 infrastructure project and we are very excited about it.

3) What’s the background of Web3Graph? Please share the story behind your project.

In addition to the above comments:
I spent many years building AI based systems for fintech and regtech solutions.
Before we could work on the actual problem we were trying to solve we had to build systems to gather data from many sources. Stock exchanges, e-comm data, news data, hr data, trading data… you name it.
It took a lot of effort to build such systems so that we had the data in the shape and form we want.
Would not be great to have all that done for you if you are developing a dApp?
That was the origin of our story.

4) Every project wants to solve the problems in crypto world, what problem does Web3Graph aims to solve?

The Open Graph reflects a person’s social behavior and relationships, for example, the one most widely used created by Facebook. However, there exists limitations at the application level — it is more suitable for expressing individual social relations, such as the behavior and actions of one person to an object or one person to another, such as one’s social circle. For complex group activities, it is not easy to represent and searchable. And Web3Graph facilitates data integration for Web 3.0 through its unique design.
Traditional Open Graphs are more suitable for expressing behaviors and actions between two objects when expressing social relationships. However, for complex group activities, its representation suffers from the inconvenience of expression and search. We use Bi-partite graph representation to represent relationships among entities via Events they are part of. This allows us not only to capture the relationships between entities, its context but also time varying nature as well as the relationships among Events themselves.
We do not limit ourselves to a specific vertical and plan to serve as many as possible be it DeFi, GameFi etc. In all these vectors there is a common problem: how to access and analyze the data in a fast and efficient way. Web3Graph provides a standard protocol and efficient way to get and analyze data of all sorts.

5) I notice that Web3Graph build an open graph based on on-chain and off-chain event data? Can you tell us more about the process of Event Engine?

Clearly we can not only think of on-chain data at this stage as we transition to Web3.0
Bi-Partite graph representation provides us a more efficient and complete way of capturing data sets. Event Engine acts on the data sets to transform them into a form that is represented by Bi-Partite graph.
The Event Engine is divided into two components. One is On-Chain Event Engine, which analyzes on-chain data and provides event correlation and data analysis for Web3Graph. The other is Off-Chain Event Engine, which acts as an Oracle to correlate events generated in Web 2.0 social networks and data analysis. Based on the analysis results of the Event Engine, everyone can access public data, relying on Web3Graph to obtain data.

Part 2 Twitter questions — 5 questions

1) Vast majority of Crypto projects are built just for the sole purpose of amassing wealth for themselves. So, I want to know the value you aim to add to crypto industry that will bring greater abundance to the industry?

We build our protocol for the community and together with the community.
We incentivize our Producers and curators via our token. Our Consumers can pay us in our token as well. Producers can be the users, institutions, dApps or other, they provide data for Event Engine to operate on. Curators are labelers, indexers, delegators, curators or other, and they cleanse and normalize the data provided by the Producers. Consumers can be anyone including dApp developers, investors, marketing teams, users or other.
So it is in everyone`s interest and our ecosystem creates a sustainable win for all.
We are reaching out to build and grow our ecosystem.
Here are our official links, please follow them to get the latest news:
Whitepaper: https://docsend.com/view/834jpyexb56nczmz
Website: https://web3graph.io
Twitter: https://twitter.com/web3graph
Discord: https://discord.gg/vuffYdhWNf
Telegram group: https://t.me/Web3Graphchat
Channel: https://t.me/web3graphofficial
Medium: https://medium.com/@Web3_Graph

2) The past year we’ve seen a lot of projects that make great startups but suddenly get abandoned because they don’t get enough revenue. How can we be sure that you will not leave the project despite the initial low income?

As we are a longterm infrastructure project, our investors and ecosystem partners are all well aware it will take time to generate sufficient revenue, but once the revenue is there it is almost always there: another way of saying this is, we do not plan to bring in a lot of revenue in a flash that may disappear in a flash… instead we want steady, sustainable and organic growth.

3) One of the main problems with smart contracts today is that there is a very high risk of bugs that allow Hackers to Steal the Funds and incur significant losses for project and its users. Can you tell us about the solutions that Web3Graph offers to prevent this?

Firstly, ownership of the data belongs to the user.
Web3Graph will only process its data with event-driven tagging to form a database after it has been authorized by the user.
When the protocol database is adopted by developers or projects, rewards will be given to the corresponding role group, and decisions on whether or not to access the project ecosystem are still authorized and decided by the users themselves. In summary, there is no data abuse or privacy violation.
Security is very important for any platform and we also take security very seriously. We want to keep our users and their funds safe at all times. We will submit our smart contracts to auditors for audit, such as Certik. And we’ll release the Audit report once it passes.

4) I noticed that many projects were unstable for a short time. At first, they started with hard work and good attention, but after a few months, they did not focus on this project. Then it ended there. How do you plan to survive in the market? How credible is your project?

Excellent question. It is a normal process in the evolution of any new technology to see the similar patterns of explosion of ideas, projects and products. At the same time natural selection process works and only the most relevant and well crafted solutions survive.
We are working on a fundamental problem that needs to be solved for Web3.0 to fulfil its enormous potential. We are not building a new blockchain platform or a fashionable dApp. We are building the backbone of Web3.0: we are working on a long term project. It will take time and a lot of effort to build what we want to build for the benefit of all participants in Web3.0 ecosystem. We are very open about this with investors and partners: Rome is not built in a day. That is why we are extra careful about who we accept investment from and who we partner with. We have an excellent team with proven track record: we do not jump from project to project or chase the ;new hot thing”.
We build technology that will last long time not disappear in a flash.

5) What are the full ecosystem tools for future identities and data that Web3Graph is creating? With this important data, what areas do you hope to develop and decentralize in the future? What are your plans for this?

Part 3 — Live questions

1) According to the roadmap, what is your most important next priority? Do you have enough funds and strong community to achieve the goal?

Please check our roadmap.
•2022 Q2
–Design Web3Graph Protocol
–Design and R&D of Event Engine
•2022 Q3
–Design and R&D of Web3Graph SDK
–Introduce developers into protocol testing
–Continue with the development of Event Engine
•2022 Q4
–R&D of Event Engine Off Chain module
–Introduce developers into OnChain API testing
–Design and R&D of Web3Graph API
–Integrate with Web3 DeFi protocol
–Integrate Web3 SocialFi protocol

2) CAN you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team???

3) Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it?

4) Is your project a community only for English speaking an countries or for users not of other languages?Is your project a community only for English speaking an countries or for users not of other languages?Thanks

Web3Graph is a global system. We focus on a number of active markets like Korea, Turkey, Holland, China and others. We are in talks with a number of players for partnerships and alliances.
Web3Graph is global. While the main language of our community is English, we will gradually open up other regional language channels to allow members from different regions to chat. Web3Graph has no restrictions on regions and members from all over the world are all welcome to.

5) How do you plan to carry on this project especially with the bear season? Or do you believe that we are still in the bull run??

Do you need electricity in the winter? How about summer? Bull or bear, the question is whether one understands what is coming: Web3.0.