@swaggguy7
🔗 Day 29: Web3 Infrastructure Projects
When people think about Web3, they often imagine tokens, NFTs, or DeFi apps. But behind the scenes, there’s a whole layer of infrastructure projects that make the ecosystem work.
✨ Examples of some Web3 Infrastructures:
1. Chainlink (LINK) → Provides oracles, which bring real-world data (like prices, weather, or events) onto the blockchain so smart contracts can use it.
2. The Graph (GRT) → Works like Google for blockchains, indexing blockchain data so dApps can easily query and use it.
3. Filecoin (FIL) → A decentralized cloud storage network where users rent out spare hard drive space, creating censorship-resistant file storage.
4. Alchemy → Developer platform for blockchain APIs, analytics, and scaling tools.
💡 Takeaway:
These infrastructure projects don’t always get the spotlight, but they are the backbone of Web3. Without them, most of the apps, DeFi protocols, and NFTs we use today couldn’t even function.