What’s Grass?
Developed as the primary product from Wynd Labs, Grass goals to democratize and decentralize the web’s sources, and guarantee truthful compensation for all.
Via their Chrome Extension and cell app, Grass affords a decentralized residential proxy market, permitting customers to leverage their unused bandwidth to earn a stake within the net scraping crucial 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 an entire, with the goal 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 net 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 overtly accessible and structured data base.
The final word objective for Grass is to turn into the foundational layer for AI decentralization, contributing to the creation of a worldwide, open-source repository of human data.
How does Grass work?
Obtainable through a Chrome Extension or cell app, Grass collects your unused bandwidth and makes use of it to assist energy the net scraping crucial 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 received’t expertise any slowdowns with the apps and providers you utilize.
Through the use of Grass, customers earn Grass Factors. These will be transformed into community possession, which might then be bought to verified firms for makes use of equivalent to net scraping and market analysis utilizing cryptocurrency as a medium. Extra payout strategies are being explored, equivalent to fiat choices through PayPal, reward playing cards, and the power to participate in community governance.
Grass takes a agency stance on safety. The app collects primary data, equivalent to uptime, IP deal with connections, sign-up emails and passwords, however doesn’t entry any private data on customers units.
For example of their scraping prowess, and the sheer energy of the bandwidth shared thus far, the Grass workforce scraped the whole thing of weblog internet hosting web site Medium within the span of two days, totalling tens of thousands and thousands of articles and a phrase depend that’s more likely to be within the tens of billions.
What 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 Cellular 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 equivalent 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 Cellular 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 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 workforce are placing partnerships with AI labs and different initiatives that imagine of their trigger, and are wanting develop functions past AI coaching, equivalent to market evaluation instruments, promoting optimization instruments, monetary perception instruments, and a wide range of different functions for industries the place data-driven decision-making will be enhanced by the entry to public information that AI offers.
What’s GigaBuds?
Final week, in keeping with 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 revealed by the cryptic GigaBuds account on X, an as-yet unrevealed undertaking that, in keeping with 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 identify of this NFT assortment, and that these NFTs will carry out a key function sooner or later development of Grass, with a number 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 bought out in minutes.
Extra data relating to GigaBuds is but to be recognized – though with Grass teasing a giant replace that may end in a “enormous inflow of recent customers quickly”, we imagine it received’t be lengthy earlier than all is revealed.
