Hello, crypto community! We’ll be talking about the Grass Airdrop, a free opportunity to earn rewards by sharing your unused internet bandwidth. With several projects bringing in big profits for participants this year, the crypto world is constantly looking for the next big thing. Amid the competition, Grass stands out with its innovative approach to decentralizing the internet and empowering users.
Grass is about to launch its first airdrop, and excitement is growing as the team has just released an “eligibility checker” to help users see if they qualify. The airdrop could go live any time, and soon, Grass tokens will be ready for claiming.
In this guide, we’ll walk you through everything you need to know about the Grass Airdrop, from how to participate to what you can expect. Don’t miss this exciting opportunity to be part of a green crypto project! Let’s get started.
What is a Grass Airdrop?
Grass is an innovative platform developed by Wynd Network that allows users to earn passive income by sharing their unused internet bandwidth. In exchange for this bandwidth, users are rewarded with Grass tokens. These tokens help power a decentralized artificial intelligence system, making it a unique opportunity for crypto enthusiasts.
Grass operates on the Solana blockchain as a Layer 2 Data Rollup. The platform uses a network of residential nodes, where internet users voluntarily share excess bandwidth. This data is collected and structured into valuable datasets, which are then used to train AI models. By participating in the Grass network, users can contribute to AI development while earning passive income without compromising their privacy.
The Grass infrastructure consists of Validators, Routers, and Grass Nodes. Validators ensure data integrity, Routers manage connectivity, and Grass Nodes collect and transmit public web data. The platform’s decentralized structure not only helps users make money from unused bandwidth but also supports the growth of AI in a fair and neutral environment.
Currently, Grass is only available for computers, but a mobile version is in the works, allowing users to share bandwidth from their smartphones as well. With $3.5 million raised in funding, Grass is set to become a significant player in both the crypto and AI spaces.
How Does Grass Work?
Grass is a platform that allows users to sell their unused internet bandwidth and earn digital tokens in return. Unlike traditional networks controlled by large companies, Grass offers a decentralized approach, where users share in the profits. The platform is designed to create a fairer system for everyone by rewarding participants for their contribution to the network.
Using Grass is simple. You install a small program, such as a browser extension, that runs in the background, collecting data from the web. In return, you earn Grass tokens, a form of digital currency. These tokens can increase in value as Grass grows and can also be used to participate in decisions about how the platform operates, giving users a voice in its governance.
Grass works on Solana’s Layer 2 Data Rollup, which allows for fast and efficient data processing. The platform can handle up to 1 million transactions per second, making it highly scalable. Here’s how it operates:
- Grass Nodes: Residential users share their unused internet bandwidth, which is used to gather public web data.
- Validators: These ensure the authenticity of data by verifying web transactions and generating zk-SNARK proofs before they are recorded on the blockchain.
- Routers: Manage the connection between Grass Nodes and Validators, ensuring smooth data flow and network security.
- ZK Processor: Logs data validity proofs on the blockchain, creating a permanent and secure record.
- Grass Data Ledger: Stores and links datasets with zk-SNARK proofs to maintain data accuracy and traceability.
- Edge Embedding Models: Transform the collected web data into structured formats that are useful for AI training.
This elements allows Grass to create clean and scalable datasets, essential for artificial intelligence development. By sharing your unused bandwidth, you not only earn passive income but also contribute to the growth of decentralized AI technology. The platform’s multi-level referral program also offers additional rewards for inviting others to join, further enhancing earning potential.
Is Grass Safe?
Grass prioritizes user safety and privacy. When you create an account and provide consent, Grass will collect only your unused internet bandwidth, ensuring it doesn’t interfere with your regular internet usage. The platform uses a small portion—up to 0.3%—of your bandwidth, which doesn’t impact your internet speed.
The request to “read and change all your data on the websites you visit” is part of a standard authorization process. This permission allows the extension to function correctly, but it does not give Grass access to your personal data. The only personal information Grass collects is your email address, which is used for account creation.
To further ensure safety, Grass thoroughly vets all companies and institutions that buy the unused bandwidth. These buyers are carefully monitored to prevent any misuse or illegal activities. This approach keeps the platform secure for all participants, allowing users to confidently earn passive income while sharing their bandwidth.
Grass Founders
Grass was created by Wynd Labs. The project secured $3.5 million in seed funding from Polychain Capital and Tribe Capital. Other investors include Bitscale, Big Brain, Advisors Anonymous, Typhon V, and Mozaik. This followed an initial pre-seed round led by No Limit Holdings.
The Grass Airdrop Allocation and Details
The GRASS Airdrop gives participants a chance to earn GRASS tokens for free. These tokens hold the potential to be valuable and can either be traded for other cryptocurrencies or used within the GRASS ecosystem. The total value of the airdrop is estimated at over $4.5 million, attracting a large number of participants.
Currently, rewards are available for Closed Alpha and Epochs 1-7, as seen on the airdrop claim tool. However, future allocations, such as the Bonus Epoch, have not yet been displayed. The GRASS token has a fixed supply of 1 billion, with 10% reserved specifically for the airdrop.
Here’s a breakdown of the airdrop allocation:
- Closed Alpha: 1.5%
- Epochs 1-7: 7%
- Bonus Epoch: 0.5%
- Upcoming Allocation: 1%
In total, 100 million GRASS tokens will be distributed during the airdrop. The Grass Foundation has stated that this is just the beginning, with more rewards planned for the broader community as the ecosystem grows. Their main goal is to strategically distribute resources to those who contribute to the development of the Grass network.
As a Solana-based AI-focused data rollup, Grass aims to revolutionize AI data processing while empowering users by returning control of the internet to them.
How to Qualify for the Grass Airdrop
To qualify for the Grass Airdrop, users need to join the Grass network and complete specific tasks to earn points. These points will later be converted into Grass tokens during the Token Generation Event (TGE). The Grass Airdrop Points Program is designed to boost community engagement by rewarding participants for their contributions.
Here’s how you can qualify for the airdrop:
- Join the Grass Network: Download the Grass app and start earning points right away. By simply running the Grass browser extension, you contribute unused bandwidth to the network, earning points based on your contribution. Regular activity is key to accumulating more points.
- Referrals: Invite others to join the Grass network using your unique referral link. You’ll earn 20% of the points your referred user accumulates and a 2,500-point bonus once they log 100 hours of uptime. You can further increase your points through secondary (10%) and tertiary (5%) referral levels. After reaching 100 hours of uptime, you’ll also receive a 5,000-point bonus for every new referral.
- Active User Participation: Keeping the Grass extension running while browsing the internet can help you earn more points, as bandwidth contribution is a key factor in the airdrop qualification process.
- Social Media Engagement: While not confirmed, interacting with Grass on social media platforms may offer additional opportunities to earn points through future campaigns and community activities.
The Grass airdrop is expected to happen soon. Once the claim portal is live, users will be able to check their rewards and claim their tokens.
Grass Tokenomics
Grass’s tokenomics are designed to support its Layer 2 Data Rollup system, ensuring sustainability, incentivizing user participation, and promoting transparency in AI development. Here’s a simplified breakdown:
- Utility Token: Grass tokens are used for transactions, staking, and rewarding nodes that help collect and validate data for AI training.
- Rewards for Data Contribution: Nodes that gather and verify web data are rewarded in Grass tokens, encouraging users to actively participate and improve data collection.
- Staking System: Token holders can stake their Grass tokens to take part in governance, enhance network security, and earn additional rewards. This encourages long-term involvement in the platform.
- Transaction Fees: Certain activities like data validation and accessing information may require the use of Grass tokens, which maintains their demand and value.
- Decentralized Governance: Grass token holders have a say in key decisions regarding the network’s future, ensuring that the project evolves with the community’s input.
- Burn and Mint Mechanism: Grass uses a burn-and-mint system to control token supply based on network activity, ensuring a balanced and sustainable ecosystem.
These features work together to create a dynamic and thriving platform, essential for AI data collection and processing on the Grass network.
Grass Airdrop Eligibility Checker
On September 5th, 2024, the Grass development team introduced an eligibility checker for the airdrop. This tool currently verifies eligibility for Closed Alpha and Epochs 1-7 allocations only. It does not account for the Bonus Epoch or any future airdrop phases.
Please be aware that the claim process is not yet live, so be vigilant to avoid potential scams.
How to Earn Grass Points
Anyone can start earning Grass points now that the project is in its incentivized beta phase. Here’s how:
Step 1: Download Grass
- Go to Grass’s website and download the Grass extension for Chrome.
- A popup will appear asking to add the extension. Click on “Add extension.”
- Note that the extension can read and modify data on all websites. Confirm by clicking “Add extension” again. Ensure Grass is added to your Chrome extensions by checking the extensions tab.
Step 2: Register at Grass.io
- Click the Grass icon to log in, reset your password, or register. Select “Register with Email” and sign up using your email, username, and password. Agree to the terms and complete the CAPTCHA. You will need a referral code to sign up. Look for codes on Twitter (X).
Step 3: Earn Points on Grass
- Open the Grass extension and log in with your registration details. Connect your device by clicking “Connect” on the dashboard. As long as your device is connected to the internet, you will earn Grass points as a node operator.
- Access the dashboard to monitor your points.
You can boost your earnings by referring others to Grass using your unique referral code or link. You will receive a 20% bonus from the points earned by those you refer. Your referral rewards will continue as long as the referred users remain active and accumulate points.
How to Claim the GRASS Airdrop
- Go to the official Grass Foundation website at https://www.grassfoundation.io/connect.
- Connect your cryptocurrency wallet to the platform.
- Check if you qualify for the airdrop; your token allocation will be shown if you do.
- Review detailed activities for each epoch and track your rewards.
Currently, redemption rates vary based on factors such as when you participated and the quality of your activities. The community is awaiting further updates on the exact criteria and timing for the airdrop.
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Final Thoughts
Grass is currently in an incentivized beta phase, allowing early users to earn bonus points while helping to shape the platform. The platform uses its advanced Layer 2 Data Rollup on Solana to enhance AI development, growing to a network of two million users during this beta stage. By leveraging decentralized web scraping nodes, Grass creates valuable, clean datasets for AI training. Its innovative tokenomics and Airdrop Points Program encourage active participation and ensure transparency.
The Grass Airdrop offers a chance to earn rewards simply by sharing your unused bandwidth. As an early participant, you can contribute to the growth of decentralized data solutions. Keep an eye on Grass’s social media channels or website for updates on future airdrop opportunities. The airdrop requires no financial investment, so it’s a risk-free way to get involved and see if this new technology suits your needs.