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 their Chrome Extension and cellular app, Grass affords a decentralized residential proxy market, permitting customers to leverage their unused bandwidth to earn a stake within the internet scraping essential for constructing AI, making a extra equitable web ecosystem.
Grass are additionally growing proprietary datasets and AI fashions to contribute in the direction of the decentralization of AI as a complete, with the purpose to make the huge information 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 practice from, making that information accessible through APIs, and reworking the web into an brazenly accessible and structured information base.
The final word objective for Grass is to turn out to be the foundational layer for AI decentralization, contributing to the creation of a world, open-source repository of human information.
Supply: GrassHow does Grass work?
Accessible through a Chrome Extension or cellular app, Grass collects your unused bandwidth and makes use of it to assist energy the net scraping essential for AI to develop, practice 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 gained’t expertise any slowdowns with the apps and providers you utilize.
By utilizing Grass, customers earn Grass Factors. These will be transformed into community possession, which might then be offered to verified firms for makes use of akin to internet scraping and market analysis utilizing cryptocurrency as a medium. Further payout strategies are being explored, akin to fiat choices through PayPal, reward playing cards, and the flexibility to participate in community governance.
Grass takes a agency stance on safety. The app collects fundamental data, akin to uptime, IP deal with connections, sign-up emails and passwords, however doesn’t entry any private data on customers gadgets.
For example of their scraping prowess, and the sheer energy of the bandwidth shared thus far, the Grass staff scraped everything of weblog internet hosting web site Medium within the span of two days, totalling tens of thousands and thousands of articles and a phrase rely that’s prone to be within the tens of billions.
Supply: GrassWhat has Grass achieved thus far?
Grass entered Beta in June 2023 as a Chrome Extension, and launched a Referral Program to reward early adopters with further Grass Factors.
The Grass Cell app adopted in August 2023, permitting customers to earn Grass Factors 24/7 – as long as they’re related to WiFi or 4G/5G providers.
Fast 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 akin to 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 massive.
Quick-forward to yesterday (June 19), and Grass introduced that not solely do they count on an inflow of recent customers quickly as a consequence of “sure causes“, however that they’re additionally debuting the Grass App Retailer, quite a lot of free apps – the primary being the Grass Neighborhood Node – that permit customers to assist take a look at new options while receiving a multiplier to their Grass rating.
Proper now, the Grass staff are putting partnerships with AI labs and different tasks that imagine of their trigger, and are trying develop purposes past AI coaching, akin to market evaluation instruments, promoting optimization instruments, monetary perception instruments, and quite a lot of different purposes for industries the place data-driven decision-making will be enhanced by the entry to public information that AI offers.
Supply: GigaBudsWhat’s GigaBuds?
Final week, based on trade 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 venture that, based on 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 form of character-based, narrative-driven NFT assortment is coming to Grass.
Our sources point out that GigaBuds is the title 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 accessible to holders.
A choose group of Grass customers have been invited to participate in a pre-sale held this previous week, which offered out in minutes.
Further data concerning GigaBuds is but to be recognized – though with Grass teasing a giant replace that may lead to a “big inflow of recent customers quickly”, we imagine it gained’t be lengthy earlier than all is revealed.
