Grass Airdrop Phase 2 Now Available: Unlocking Passive Income through Bandwidth Sharing on Solana
The GRASS protocol’s second phase airdrop is officially live, drawing attention from the crypto community for its unique method of monetizing Internet bandwidth through decentralized technology. Powered by the Wynd Network, GRASS offers participants an innovative way to earn rewards by sharing their unused Internet bandwidth with AI and data-oriented companies. View GRASS Airdrop on TTEarnCrypto Airdrop Central: Grass by Wynd Network - Airdrop | Earn by sharing internet
Here’s an overview of what GRASS is, how it works, and what to expect from its airdrop opportunities.
What is Grass? A Potential DePIN on Solana
GRASS is a decentralized physical infrastructure network (DePIN) project designed to enable users to earn passive income by sharing their idle Internet bandwidth. This shared bandwidth supports AI training companies by providing additional resources for data processing, ultimately contributing to the development of AI technologies. Participants in the GRASS network earn “Grass Points,” which can be redeemed for project airdrops or potentially converted into tokens. Grass Points serve as a metric for airdrop eligibility, giving early adopters a way to accumulate rewards before the network’s broader launch.
In the simplest terms, bandwidth represents the speed of data transmission over the Internet, measured in bits per second (bps). Today’s bandwidth speeds range from millions (Mbps) to billions (Gbps) of bits per second, depending on the user's connection quality and speed.
Project Team: Wynd Network’s Anonymous Developers
Although the GRASS project team remains anonymous, Wynd Network, a decentralized Web Proxy network, backs the project. Andrej Radonjic, co-founder of Wynd Network and GRASS, is one of the few known team members. Holding advanced degrees in Mathematics and Engineering Physics, Radonjic brings substantial technical expertise, potentially adding credibility to GRASS’s ambitious vision.
Investors and Partnerships
GRASS has attracted significant financial backing, securing $4.5 million over two investment rounds. The pre-seed round saw $1 million in investments, led by NoLimit Holding, alongside participation from various other funds. The seed round raised an additional $3.5 million with Polychain Capital and Tribe Capital among the lead investors, while Mozaik and Big Brain Holdings also supported the project.
Strategic partnerships further bolster the project’s credibility. GRASS has partnered with Solana Phone’s Saga to integrate its application, aiming to broaden user accessibility. Additionally, its collaboration with Alignment Lab AI, an AI company specializing in Large Language Models (LLMs), underscores GRASS's AI-focused utility.
GRASS Products and Infrastructure
The GRASS platform provides the underlying data layer for AI projects, with a two-part infrastructure:
Grass Node: This component allows users’ devices to contribute their unused bandwidth to AI projects, thus decentralizing data handling for AI model training.
Sovereign Data Rollup: This network of nodes, validators, and processors refines and organizes web data, transforming it into structured datasets. The system leverages zero-knowledge (ZK) technology for enhanced data privacy.
Participating in the GRASS Phase 2 Airdrop (Ending November 15, 2024)
To join the GRASS airdrop, users must register and set up their device as a bandwidth provider. Here are the steps to participate:
- Step 1: Register an account on the GRASS platform (using a referral code is optional).
- Step 2: Install either the GRASS Chrome Extension for basic mining speed or the Community Node for a 1.25x boost. While the Community Node offers higher rewards, it also requires additional permissions and has a higher security risk.
- Step 3: Download and install the software, then verify your email and wallet. Proper verification is essential to ensure eligibility for airdrop rewards.
For those looking to maximize their earnings, inviting others to join the network provides incremental bonuses of 20%, 10%, and 5% based on referral tiers. However, all users must meet criteria such as minimum mining hours and email verification to qualify for these rewards.
Understanding $GRASS Tokenomics
The GRASS project plans to release one billion tokens, distributed as follows:
- Future Incentives: 17%
- Airdrop One: 10%
- Router Incentives: 3%
- Foundation & Ecosystem Growth: 22.8%
- Investors: 25.2%
- Contributors: 22%
Grass tokens serve multiple functions, including staking, network fee payments, governance, and rewards for node operators.
Development Roadmap: Expansion and Growth Milestones
While GRASS has not published a full roadmap, it has set specific milestones. Once technical challenges are addressed, the network will officially launch. Upcoming goals include rolling out applications on Android and iOS, making the platform accessible to a broader audience. Additionally, GRASS is working toward removing the referral barrier, which would allow open access to new users.
Currently, over 80,000 users have downloaded the GRASS app, with nearly one million unique IPs registered. The project’s reach continues to expand, positioning it as a potentially high-impact player in decentralized AI infrastructure.
Opportunities and Risks
Opportunities: GRASS is free and accessible to most users, and the bandwidth-sharing model promises minimal impact on regular Internet usage. Furthermore, with high-profile backing from investors like Polychain Capital, the project may attract significant market interest.
Risks: Revenue potential remains uncertain, as the value generated from bandwidth mining is unclear. Additionally, the large participant base means rewards may be divided among many, impacting individual earnings.
With its novel approach to bandwidth-sharing and notable support from the crypto community, GRASS continues to intrigue potential users and investors alike. As GRASS advances, its success may hinge on its ability to balance scalability, user privacy, and sustained value generation.