What’s Grass?
Developed as the primary product from Wynd Labs, Grass goals to democratize and decentralize the web’s assets, and guarantee honest compensation for all.
By way of their Chrome Extension and cellular app, Grass gives a decentralized residential proxy market, permitting customers to leverage their unused bandwidth to earn a stake within the internet scraping obligatory for constructing AI, making a extra equitable web ecosystem.
Grass are additionally growing proprietary datasets and AI fashions to contribute in direction of the decentralization of AI as an entire, with the purpose to make the huge data of the web each open supply and accessible.
On high of this, Grass is aiming to play a direct function in parsing unstructured internet information right into a format that enormous language fashions (LLMs) can prepare from, making that information accessible by way of APIs, and reworking the web into an overtly accessible and structured data base.
The final word purpose for Grass is to develop into the foundational layer for AI decentralization, contributing to the creation of a world, open-source repository of human data.
Supply: GrassHow does Grass work?
Out there by way of a Chrome Extension or cellular app, Grass collects your unused bandwidth and makes use of it to assist energy the online scraping obligatory for AI to develop, prepare and enhance.
Crucially, it does this by solely leveraging bandwidth that you’re not utilizing, that means that not solely are you rewarded for being part of the AI ecosystem, however you received’t expertise any slowdowns with the apps and providers you employ.
By utilizing Grass, customers earn Grass Factors. These could be transformed into community possession, which might then be offered to verified firms for makes use of resembling internet scraping and market analysis utilizing cryptocurrency as a medium. Extra payout strategies are being explored, resembling fiat choices by way of PayPal, present playing cards, and the flexibility to participate in community governance.
Grass takes a agency stance on safety. The app collects fundamental info, resembling uptime, IP deal with connections, sign-up emails and passwords, however doesn’t entry any private info on customers units.
For instance of their scraping prowess, and the sheer energy of the bandwidth shared to this point, the Grass crew scraped the whole lot of weblog internet hosting web site Medium within the span of two days, totalling tens of tens of millions of articles and a phrase rely that’s prone to be within the tens of billions.
Supply: GrassWhat has Grass completed to this point?
Grass entered Beta in June 2023 as a Chrome Extension, and launched a Referral Program to reward early adopters with extra Grass Factors.
The Grass Cell app adopted in August 2023, permitting customers to earn Grass Factors 24/7 – as long as they’re linked to WiFi or 4G/5G providers.
Speedy development ensued, reaching tens of 1000’s of sign-ups per day by December 2023. This led to a $3.5M seed spherical, led by Polychain and Tribe Capital, and together with angel traders resembling Sami Kassab from OSS Capital, and Kunal Goel from crypto analysis agency Messari.
That very same month, Grass partnered with the Solana Saga cell phone, launching their Grass Cell app on the Saga dApp retailer, and exposing Grass to each the Solana ecosystem, and the eyes of the crypto world at giant.
Quick-forward to yesterday (June 19), and Grass introduced that not solely do they anticipate an inflow of recent customers quickly attributable to “sure causes“, however that they’re additionally debuting the Grass App Retailer, a wide range of free apps – the primary being the Grass Group Node – that permit customers to assist check new options while receiving a multiplier to their Grass rating.
Proper now, the Grass crew are placing partnerships with AI labs and different tasks that imagine of their trigger, and are wanting develop purposes past AI coaching, resembling market evaluation instruments, promoting optimization instruments, monetary perception instruments, and a wide range of different purposes for industries the place data-driven decision-making could be enhanced by the entry to public information that AI supplies.
Supply: GigaBudsWhat’s GigaBuds?
Final week, in response to business sources, Grass introduced plans for an NFT assortment to a small cohort of their most loyal and longstanding supporters as a token of their appreciation – forward of their proposed token launch, anticipated to reach in mid-August.
This echos a tweet printed by the cryptic GigaBuds account on X, an as-yet unrevealed undertaking that, in response to the account’s bio, is “Powered by @getgrass_io”. The account has been posting a number of character-based teasers throughout the previous week, inferring that some sort of character-based, narrative-driven NFT assortment is coming to Grass.
Our sources point out that GigaBuds is the identify of this NFT assortment, and that these NFTs will carry out a key function sooner or later development of Grass, with a bunch of advantages and utility obtainable to holders.
A choose group of Grass customers had been invited to participate in a pre-sale held this previous week, which offered out in minutes.
Extra info concerning GigaBuds is but to be identified – though with Grass teasing a giant replace that can lead to a “enormous inflow of recent customers quickly”, we imagine it received’t be lengthy earlier than all is revealed.
