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What Is Grass Crypto Extension And How To Get Airdrop Stage 2? ChainPlay
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one month ago
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one month ago
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According to Statista, big data market size revenue predictions worldwide are expected to grow to over $103 billion by 2027. The reason behind this growth is the demand for AI products. Grass is an AI crypto project that provides passive earning opportunities. It allows people to sell their excessive internet bandwidth. This project is already done with phase 1 of their airdrop, and phase 2 has started.
Grass airdrop stage 2 is another low-risk investment. In stage 2, users earn free Grass points by installing and keeping an extension open in the background. Token distribution, staking, and other gamified interactions are among the ways users can earn. Below is a guide explaining Season 2 of the Grass crypto airdrop, how the Grass network and extension work, and how to participate.
- Grass is a layer 2 network that safely collects public data and uses it to model AIs.
- Phase 1 of their airdrop is done, stage 2 is up, and users can now earn rewards.
- Users can join by signing up on their website, installing the Grass Extension, and leaving their internet connection on.
What Is Grass Crypto Extension?
Grass completed a $3.5 million seed round led by Polychain Capital and Tribe Capital in December 2023. With a total funding of $4.5 million, Grass is a decentralized network for web scraping that collects publicly available web data and transforms them into datasets for AI training. This project helps develop more transparent AI models by structuring public web data.
Furthermore, it also provides passive earning opportunities for users. This project is mainly made of the Grass Network and its extension:
Grass Network
The Grass Network helps convert unused data into earning opportunities. It helps advance AI development by collecting public data and using them to train AIs. The rewards users earn for sharing unused internet bandwidth are Grass points converted to Grass tokens. It is a layer 2 network created within the Solana ecosystem to enjoy the scalability and speed it offers.
Furthermore, the zero-knowledge (ZK) integrated within this project ensures no data poisoning. It helps validate and record metadata during data scraping and helps to maintain great data standards. Permanent records of data origins are also created by incorporating a data ledger to keep structured datasets.
The technical architecture of the Grass network is made up of many components, including:
Grass Nodes
Nodes are part of Grass AI's solution for using residential users' idle bandwidth to scrape public web data. This is an encrypted process to ensure data privacy and security.
Validators
The function of validators within the Grass architecture is to verify web transactions and generate zk-SNARK proofs. Their purpose guarantee data authenticity before it is recorded on the blockchain.
Routers
Routers develop and maintain the connection between the validators and the Grass Nodes. It ensures there's security and network integrity whenever there's data flow between the two components.
Zero-knowledge (ZK) Processors
Zero-knowledge (ZK) processors are integral components, and they help gather validity proofs from session data. Its next function is usually to create immutable records by logging the session data logs into the blockchain.
Grass Data Ledger
The Grass Data Ledger mainly functions as a repository for datasets. It helps uphold data traceability and authenticity by linking data sets to zk-SNARK proofs.
Edge Embedding Models
The edge embedding models within the Grass network play a key role in the transformation of scraped data. It is involved in data cleaning and normalization, helping to convert scraped web data into structured formats for AI.
There are key security measures at GetGrass to ensure user's data and privacy are protected, and they include:
External Security Audits
By partnering with independent cybersecurity firms, the Grass Network gets to audit its platform on a regular basis. This helps in the detection and enhancement of their security against cybersecurity vulnerabilities.
Public Data Collection
One of the security measures implemented in the Grass extension is ensuring that there's no personal data collection. The network only scrapes public web data, with no access to sensitive information or personal data.
Grass Extension
The Grass App or the Extension is the entry point to this crypto project, allowing users to use their idle data for passive income. You first need to register at their website before going to download the extension.
For most browsers, the extension is available on Chrome web extensions or you can download one directly to your personal computer. It is possible to participate using mobile devices. Mobile web browsers like Mises and Kiwi allow users to download these Grass extensions to their mobile devices.
What Is Grass Token?
The Grass token is an important part of the Grass Network, performing functions within the ecosystem. They include:
Governance
Those holding GRASS play crucial roles, with governance participation allowing users to be part of the decision-making process. The network development lies in the hands of token holders, allowing them to vote on upgrades, proposals, and partnerships.
Staking
Staking is also among the utilities of the Grass crypto, providing an opportunity to earn additional rewards. Users can lock their Grass tokens on staking pools for passive income.
Crypto Trading/Transactions
Users can trade GRASS on exchanges like Bitget and Gate.io and earn more rewards. Moreover, this token is also used in paying for transactions within the Grass Network.
In stage 1 of their airdrop, the Grass points were converted to the current GRASS tokens in the TGE (token generation event). Since the launch and trading of this token, it has performed relatively well in the crypto market.
Grass Tokenomics
The Grass tokenomics structure is among the things that make this project unique. The token allocation is shared across the community, investors, and contributors. The community takes 30% of the allocation, rewarding users through airdrops, incentives, and referrals.
Investors who supported the development and liquidity of this project received 25.2% of the allocation. Developers and partners building the Grass ecosystem, collectively called contributors, get a reservation of 22%. Foundation and ecosystem growth receive 22.8% in the allocation, while the future incentives get 17%. Alpha testers and early contributors get 10%, while router operators receive 3% of the allocation.
According to the developers of the Grass token, it will adopt a phased token release strategy. Not only does this help the Grass token price, but it also prevents market dilution and ensures stability. Only about 10 % of the total supply was released during stage 1 of their airdrop. Plans are to release the remaining Grass tokens at different intervals to support liquidity, governance programs, and staking rewards.
According to data from CoinGecko, the trading volume of Grass (GRASS) as of 08th November 2024 was $680,730,293. The high trading volume indicates the massive interest from traders and investors. Furthermore, the highest price for Grass (GRASS) at the time of writing was $3.31, recorded on 08th November 2024. At that time, this was 406.86% higher than the all-time low of $0.655 on 28th October 2024.
The Grass token's price performance attracted many traders and investors to it as an investment option. With a focus on data transparency and user ownership, the project gives huge potential to the native token, GRASS.
How To Get Grass Airdrop Stage 2?
Grass mining and airdrop are quite easy to get in and you can do so with the following steps:
Visit the Grass Website
The first step to take is to visit the Grass Website and register with your email and password. After registering, click on the “Connect” button.
Download the Extension
You will have to download the browser extension to mine and earn Grass Points. For those who want to mine and earn on their mobile, they can utilize the Mises browser.
Download the Grass Desktop Node
On the desktop version of Grass, users can earn 2x of the normal mining amount by downloading the Grass Desktop Node. Also, you can invite other users to the project to earn more additional points.
Email and Wallet Address Verification
Verifying the email and wallet is an important part of joining the Grass crypto project. You can do this by visiting the Rewards Page. Here, you can verify your email and Solana wallet address. Solflare and Phantom are the popular Solana wallet addresses for this.
FAQ
What Is Grass in Crypto?
Grass is a decentralized data network that allows users to earn rewards for keeping their idle internet connection on. Users earn Grass Points which are then converted to GRASS tokens at the end of the airdrop.
Does Grass Network Steal Data?
No, Grass Network has several implementations to ensure users' data and privacy are safe. The Grass Data Ledger and the Zero-knowledge (ZK) processors ensure data safety.
Can I Mine Grass Tokens With Mobile?
Yes, some mobile browsers allow users to mine Grass Points on their mobile devices. Some of these browsers include Kiwi and Mises Browser.
How to Increase Your Income on Grass?
There are many ways users can increase their income at GetGrass. They can do so by inviting their friends to increase their points. For every friend you refer, you get the right to an extra 2500 points, plus 20% of their points. You can earn more income through the rating level system and stay online for as long as possible.
Where Can You Buy GRASS Tokens?
After their first airdrop, the GRASS token got listed on different crypto exchanges. You can buy and sell tokens at popular exchanges like Bybit, Bitget, Gate.io, and XT.COM.
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