What is grass?
Developed as Wynd Labs’ first product, Grass aims to democratize and decentralize the Internet’s resources and ensure fair compensation for all.
Through their Chrome extension and mobile app, Grass offers a decentralized residential proxy market, allowing users to leverage their unused bandwidth to earn a share of the web scraping needed to build AI, creating a fairer internet ecosystem.
Grass also develops its own data sets and AI models to contribute to the decentralization of AI as a whole, with the aim of making the vast knowledge of the internet both open source and accessible.
Additionally, Grass wants to play a direct role in parsing unstructured web data into a format from which large language models (LLMs) can train, making that data accessible through APIs and transforming the web into an openly accessible and structured knowledge environment. base.
Grass’s ultimate goal is to become the foundational layer for the decentralization of AI, and contribute to the creation of a global, open-source repository of human knowledge.
Source: GrassHow does Grass work?
Available through a Chrome extension or mobile app, Grass collects your unused bandwidth and uses it to power the web scraping necessary for AI to develop, train, and improve.
Crucially, it does this by only using the bandwidth you’re not using, meaning not only will you be rewarded for being part of the AI ecosystem, but you won’t experience any slowdowns with the apps and services that you use.
By using Grass, users earn Grass Points. These can be converted into network assets, which can then be sold to verified companies for uses such as web scraping and market research using cryptocurrency as a medium. Additional payout methods are being explored, such as fiat options via PayPal, gift cards, and the ability to participate in network management.
Grass takes a strong stance on safety. The app collects basic information such as uptime, IP address connections, login emails, and passwords, but does not access personal information on users’ devices.
As an example of their prowess and the sheer power of the bandwidth shared thus far, the Grass team scraped the entire blog hosting website Medium in two days, totaling tens of millions of articles and a word count likely in the tens of billions.
Source: GrassWhat has Grass achieved so far?
Grass entered beta in June 2023 as a Chrome extension and launched a referral program to reward early adopters with additional Grass points.
The Grass Mobile app followed in August 2023, allowing users to earn Grass Points 24/7 – as long as they are connected to WiFi or 4G/5G services.
Rapid growth followed, with tens of thousands of registrations per day by December 2023. This led to a $3.5 million seed round, led by Polychain and Tribe Capital, and including angel investors such as Sami Kassab of OSS Capital and Kunal Goel of crypto research agency Messari.
That same month, Grass partnered with mobile Solana Saga, launching their Grass Mobile app on the Saga dApp store and exposing Grass to both the Solana ecosystem and the eyes of the crypto world at large.
Fast forward to yesterday (June 19) and Grass announced that not only are they expecting an influx of new users soon due to “certain reasons,” but they are also introducing the Grass App Store, a variety of free apps – The first being the Grass Community Node – which allows users to test new features while receiving a multiplier for their Grass score.
Currently, the Grass team is partnering with AI labs and other projects that believe in their cause, and are looking to develop applications beyond AI training, such as market analysis tools, advertising optimization tools, financial insight tools and a variety of other applications. for industries where data-driven decision making can be improved by the access to public data that AI provides.
Source: GigaBudsWhat is GigaBuds?
According to industry sources, Grass last week announced plans for an NFT collection to a small cohort of their most loyal and long-term supporters as a token of their appreciation – ahead of their proposed token launch, which is expected to arrive in mid-August.
This echoes a tweet published by the cryptic GigaBuds account on The account has posted several character-based teasers over the past week, revealing that some sort of character-based, narrative NFT collection is coming to Grass.
Our sources indicate that GigaBuds is the name of this NFT collection, and that these NFTs will play a key role in Grass’s future growth, bringing a host of benefits and utility to holders.
A select group of Grass users were invited to participate in a pre-sale last week, which sold out within minutes.
Additional information about GigaBuds has yet to be revealed – although Grass teases a major update that will soon result in a “huge influx of new users”, we think it won’t be long before all is revealed.