Grass Testnet has ended, Airdrop is coming soon

Grass recently announced that the closed testing phase has ended and is currently taking snapshots to determine eligibility for the upcoming Airdrop. Users' network participation will serve as the benchmark for receiving rewards, with specific participation weighted according to time periods.

The team stated that a detailed Airdrop eligibility checklist will be released in the coming weeks, along with more information on token economics. The next stage of Grass's development will shift focus from building core infrastructure to supporting large-scale development, aiming to create applications that combine user interests with network functionality.

It is reported that Grass currently has over 2 million users. As a decentralized network, Grass aims to provide the data needed for AI model training by accessing public networks. This makes Grass an important component of the AI data layer in the process of scaling to clean and prepare structured datasets, establishing its foundational position in the field of artificial intelligence.

Technical Background and Financing Situation of Grass

The team behind Grass, Wynd Network, recently completed a $3.5 million seed round of financing, led by a well-known investment institution. Including the previous pre-seed round financing, Wynd's total financing amount has reached $4.5 million. This funding will be used to enhance Grass's technical infrastructure, expand the node network, and improve the data verification process.

Grass is a decentralized bandwidth market where users can sell their idle internet connections to help AI labs obtain network data for training models. It utilizes users' IP addresses to sell excess bandwidth, circumventing many websites' restrictions on data center IP addresses. The entire process ensures user privacy and data security.

The collected bandwidth is used to extract raw data from the network and convert it into AI datasets. Grass's core technology is Socrates, an AI development tool that excels at collecting unstructured data from the web and structuring it. As a result, Grass becomes an AI data warehouse, providing the data necessary for model training to other AI systems.

As a representative of the AI data layer, Grass allows users to participate in the preparation and collection of data and benefit from it. This process is not only crucial for the performance of AI models but also accounts for a large portion of the total workload involved in implementing AI systems.

Market Potential of Grass

Grass builds on the underlying public chain, leveraging the advantages of high throughput. To address the issue of storing the provenance of each scraping task on-chain, Grass has constructed a rollup that uses a ZK processor to batch process provenance proofs, which are then published on-chain. This rollup is referred to as the "AI data layer" and serves as the data ledger for all scraping data.

Grass's Web3-first approach offers several advantages over centralized residential provider companies. Firstly, by incentivizing users to share bandwidth directly through rewards, it distributes the AI-generated value more equitably while also saving on the costs of paying application developers to bundle their code.

Currently, Grass has 2.2 million independent users, and it is expected that more users will flock in after the token generation event. The Grass network is owned and operated by its users, who gain shares in the network by running nodes and earning Grass points. Grass aims to be a fair collective project that allows all participants to benefit.

Other market potentials for Grass include:

1. The node distribution is extensive, covering over 190 countries.
2. Strong technical foundation, processing 1 million network requests per second.
3. The project has a long lifecycle and a robust product roadmap.
4. Strong and reliable investment support.
5. Easy to participate, users can run nodes in just a few simple steps.
6. Support the development of decentralized and open-source AI.

The mission of Grass is to correct the mistakes of the Web 2.0 era and promote the development of Web3 values. By participating in Grass, users not only earn rewards for building the network but also help create a fairer and more just world. The development of AI starts from the data layer, and Grass is committed to building the infrastructure needed for the future world.

In this process, Grass not only provides users with a way to participate in the AI revolution but also promotes the development of decentralized and open-source AI, allowing everyone to fairly access and utilize public network data. Grass's innovation and unique positioning have established it as an important player in the AI and Web3 fields, with the potential to become a leader in this domain.