GraphLinq is a set of tools and an engine that collaborates with numerous blockchains and a centralized data stream to provide process automation. The GraphLinq Engine aims to provide users with everything they need to handle business logic without requiring them to code. The platform enables users to create graphs visually using nodes. A graph is a collection of nodes that automate tasks on and off the blockchain. A node is a unit of function in a block. Each node has one input that accepts a value and one output that provides results. Users can utilize the platform's interface to create a graph or use a pre-made template to upload and execute it on the network. Users can automate actions such as trade orders, sending emails, token, or NFT creation, among other things, based on blockchain events.
According to its whitepaper, the existing blockchain ecosystem lacks a user-friendly interface for monitoring blockchains and the data they contain. GraphLinq's online interface seeks to overcome this problem. The platform enables users to generate and manage blockchain data without knowing how to code. The platform seeks to facilitate and manipulate blockchain with more accessible communication. Graphlinq also allows users to quickly establish their cryptocurrency and process it using a simple and intuitive interface. Users can monitor the operation of their smart contract or an AMM pair, make trades on centralized exchanges using decentralized data, and automatically build DEX arbitrage using graphs.
GLQ is an ERC 20 utility token built on the Ethereum blockchain. The token is utilized to run a graph and various processes through the blockchain to automate user tasks. Each time the graph executes a block, the GLQ token is burned. (Burning cryptocurrency refers to the process of permanently removing a number of coins from circulation.)