Grass Price

Grass Network (GRASS) is a decentralized platform built on Solana, focused on AI development through data collection. It lets you earn rewards by sharing your unused internet bandwidth. The network uses your bandwidth to scrape public web data, which is cleaned and structured into datasets to train AI models. Grass ensures your privacy by only processing publicly accessible data and not collecting personal information.

As a participant, you act as a node operator and earn Grass Points. These points can later be converted into GRASS tokens during its airdrop events. The platform also offers a referral system where you earn bonus points when others join using your link.

Grass aims to foster decentralized AI infrastructure by allowing token holders to participate in governance and stake their GRASS tokens for additional rewards. With plans to expand beyond beta, it is positioning itself as a key player in AI data acquisition and blockchain integration.

Grass Network turns your unused internet bandwidth into a tool for collecting web data. When you join the network, you act as a node operator, using a desktop app or browser extension to let Grass scrape publicly available web data. This data is then cleaned, structured, and sold to AI labs for training machine learning models. Your contributions help build valuable datasets while you earn Grass Points, which can later convert into GRASS tokens during token launches and airdrops.

The infrastructure relies on three main components:

1. Nodes (your device) collect data using idle bandwidth.

2. Routers manage traffic flow and ensure data reaches validators securely.

3. Validators verify the data's authenticity before it gets recorded on the blockchain using zk-SNARK proofs.

This decentralized system ensures privacy by avoiding personal data collection and focuses on scalability using Solana's fast blockchain. In addition to earning points, you can boost rewards through a referral program. GRASS tokens will also support staking and governance within the ecosystem, giving holders a say in network developments and access to additional incentives.

Participating is straightforward: set up an account, install the app, and keep it running in the background to contribute data while earning rewards. The network emphasizes transparency and efficiency, making it a unique fusion of blockchain technology and AI development efforts.

Grass Network was founded by Andrej Radonjic to address the challenge of acquiring high-quality data for AI models. The platform officially launched its beta phase in early 2024, quickly gaining over 2 million users worldwide due to its easy setup and referral-based incentives. Grass operates on the Solana blockchain, utilizing unused internet bandwidth from participants to scrape public web data, which is then structured for AI training.

The project has focused on democratizing AI by allowing users to contribute and earn Grass Points, later convertible into GRASS tokens during token launches and airdrops. Its roadmap emphasizes expanding its infrastructure through tokenization, staking mechanisms, and governance tools to encourage community-driven decisions. The first airdrop event started in September 2024, marking a significant milestone in rewarding early users and transitioning into broader public availability.

Grass Network plans to further enhance real-time AI insights by streamlining data collection through its unique infrastructure of nodes, routers, and validators, solidifying its position as a decentralized solution for AI data acquisition and blockchain technology integration.

The GRASS token plays a central role in the Grass Network's ecosystem. You can use it to:

1. Earn Rewards and Stake: By staking GRASS, you contribute to the network’s security and traffic flow. In return, you earn rewards for supporting operations.

2. Network Governance: GRASS tokens give you voting rights on important network decisions, including protocol updates and incentive mechanisms.

3. Facilitate Transactions: The tokens are used for data transactions and service fees, helping maintain network efficiency and ensuring smooth data processing.

4. Access Services: You may need GRASS tokens to access specific features, like data validation or advanced analytics within the ecosystem.

In addition, you can also trade GRASS tokens against other listed cryptocurrencies on the KuCoin Spot Market after you DYOR. Based on your investment goals and risk tolerance, you can buy, sell, or HODL $GRASS in your portfolio.

The tokenomics of Grass Network (GRASS) prioritize engagement, development, and sustainability through a detailed allocation plan:

1. Community (30%): This portion is dedicated to rewarding active users through airdrops, referrals, and incentives, encouraging engagement and growth across the network.

2. Investors (25.2%): Tokens allocated to early investors help fund development, provide liquidity, and support the project’s market presence.

3. Contributors (22%): Reserved for developers and partners who build within the Grass ecosystem, promoting continued innovation and collaboration.

4. Foundation & Ecosystem Growth (22.8%): Supports long-term development and strategic partnerships to ensure the network’s sustainability.

5. Future Incentives (17%): Ensures continuous participation from users and developers, fostering ongoing engagement within the ecosystem.

6. Airdrop One (10%): Distributed to early contributors and Alpha testers, this airdrop incentivizes initial participation in the network.

7. Router Incentives (3%): Rewards router operators for maintaining network traffic and stability, ensuring smooth operation of the Grass infrastructure.

To participate in the Grass Network (GRASS) airdrop, follow these steps:

1. Register on the Grass Website: Go to the official Grass site and create your account.

2. Install the Grass Extension or Desktop App: Download the browser extension or desktop app to start contributing bandwidth. The desktop app is recommended for better performance.

3. Earn Grass Points: Keep the extension or app running to accumulate points by sharing unused internet bandwidth. Points are essential for eligibility.

4. Check Eligibility: Visit the Grass Airdrop page and connect your Solana wallet, ensuring it's the same wallet used during registration.

5. Claim Tokens: If eligible, follow the steps on the site to claim your GRASS tokens. You can also earn bonus rewards by referring friends, with higher payouts if your referrals meet usage criteria. 

Keep an eye on their social media channels for updates and future airdrop opportunities. Completing tasks during bonus epochs may increase your rewards, and holding NFTs or being part of early testing phases could also enhance your eligibility.