On November 30th, 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 cross-Web3 data universal language. Just as ERC-20 standardized value on Ethereum, GRC-20 will standardize data, information, and knowledge, and make Web3 tangible, enabling users to fully realize the open, verifiable, and composable Web3 vision.