Grass has completed closed testing and will soon conduct an Airdrop.

Grass has announced that its closed testing phase has ended and is starting to take snapshots to determine eligibility for the upcoming Airdrop. User participation in the network (weighted by epoch) will serve as the benchmark for receiving rewards.

In the coming weeks, the team will provide a detailed Airdrop eligibility checklist and share more information about token economics. The future development focus of Grass will shift from building core infrastructure to supporting large-scale development, dedicated to applications that combine user interests with network functionalities.

It is reported that the number of users of Grass has reached 2 million. As a decentralized network, Grass aims to provide the data needed for AI model training through access to the public network. This makes Grass an important component of the AI data layer in the process of scaling to clean and prepare structured datasets, establishing its foundational position in the AI field.

Financing and Technical Background

The team behind Grass has successfully completed a $3.5 million seed round of financing. With the previous pre-seed financing, the total amount raised by the team has reached $4.5 million. These funds will be strategically used to enhance Grass's technological infrastructure, expand the node network, and improve data verification processes.

Grass is a decentralized bandwidth marketplace where users can help AI laboratories acquire network data for training models by selling their idle internet connections. Grass utilizes users' IP addresses to sell excess bandwidth, thus bypassing many websites' restrictions on data center IP addresses. The entire process is anonymous and completely private, ensuring user privacy and data security.

The core technology of Grass, Socrates, excels at collecting unstructured data from the internet and structuring it for easier reading. Therefore, Grass has become an AI data warehouse, providing the data needed for model training to other AI systems.

Market Potential

Grass currently has 2.2 million unique users, and more users are expected to join after the token generation event. The Grass network is owned and operated by its users, who earn shares of the network by running nodes and earning points.

Grass has a broad node distribution, coming from over 190 countries, with 50% in the Asia-Pacific region, 40% in the United States and the European Union, and 10% in other parts of the world. In terms of technology, Grass can process 1 million network requests per second, and within just one week, it has captured public data through over 2.2 million nodes globally, demonstrating strong technical strength.

The project has the support of well-known investment institutions and has a solid product roadmap. Participating in Grass is very simple; users just need to register and install the browser extension.

Grass not only supports the training of traditional AI but also facilitates the development of decentralized and open-source AI by creating alternative pathways to access network data. This helps prevent a few companies from monopolizing AI development, allowing everyone to fairly access and utilize public network data.

Summary

Grass is committed to correcting the mistakes of the Web 2.0 era and promoting the development of Web3 values. By participating in Grass, users not only earn rewards for building the network but also help create a fairer and more just world. Grass's innovation and unique positioning have established it as an important player in the AI and Web3 fields, with the potential to become a leader in this area.