Grass Network, a decentralized platform that connects users with AI labs and retailers, enables participants to earn points by sharing their unused bandwidth. They have recently extended the claim period of their Airdrop event. If you are someone who is looking to earn passive income while ensuring your privacy, you don’t have to look any further than the GRASS Airdrop.
This article will guide you through all the details you have to know about this exciting opportunity. We will cover the concept behind GRASS and the step-by-step procedure for participating in the token distribution event. Let’s start!
What Is GRASS?
Grass Network is a decentralized platform in which users can contribute unused bandwidth for collecting and organizing public web data. AI models are then trained using this data to support advancements in artificial intelligence.
Participants can earn GRASS tokens through airdrops and future staking options after converting the Grass points earned from their engagement in the application. A dual benefit of monetizing unused resources and contributing to ethical AI development is created with this approach.
User privacy is the number one priority for Grass Network, and it operates on a transparent governance model, which ensures that control is given to individuals rather than large corporations. Users can participate in network decision-making by staking their GRASS tokens, making the ecosystem collaborative and user-driven.
Grass is a Solana-based Layer 2 network, offering scalable and efficient operations through a sovereign rollup mechanism. The integrity of AI training datasets is verified by the network’s innovative Zero-Knowledge (ZK) by tracing their origins and bundling data securely using zero-knowledge proofs. All collected datasets are stored in a central Data Ledger, embedding metadata for transparency and protecting against data poisoning.
Grass Airdrop Event
The Grass airdrop gives participants a chance to earn GRASS tokens for free. These tokens can be converted into other cryptocurrencies as they hold significant value or can be used within the Grass ecosystem. The Grass Airdrop includes two stages.
The first stage has successfully concluded, distributing 100 million tokens to 2.8 million users globally. If you have earned Grass points during this phase, here’s a step-by-step process on how to claim the airdrop, as you are eligible for it:
Stage 1 Of the Airdrop
Note that the claiming deadline for your stage 1 points has ended, which was scheduled for January 15, 2025. Total token allocation for stage 1 of the airdrop was 100,000,000 GRASS Tokens.
Token Allocation
- 9% of the total allocation was distributed to users who earned Grass points.
Stage 2 of the Airdrop
After the successful completion of Stage 1, the Grass network is in preparation for Stage 2 of the airdrop event, which consists of new features and points. In this stage, 17% of the total supply of GRASS is allocated for new incentives, offering 50% more points compared to Stage 1.
New Features in Stage 2
- Live Context Retrieval: LCR enhances the data processing and interaction with real-time information.
- Hardware Innovations: New hardware options are introduced by Grass to optimize user experience and make it easier to share bandwidth.
- Mobile App Launch: Grass Network is introducing a mobile application that enhances accessibility for users on smartphones.
- Enhanced Earning Opportunities: Participants can find new ways to engage and earn points through community activities.
How To Participate In Stage 2?
Now that you know stage 2 consists of exciting new features, let us look at how you can take part in it:
- Sign up on the Grass Website: Create a new account or sign in to an existing account and click on the “Connect” icon to link your wallet.
- Install the Required Components: download the Grass browser extension. If you are using your smartphone, you can use compatible browsers like Kiwi or Mises. Desktop users can consider installing the Desktop Node to double the mining points.
- Complete the Verification Process: Verify your email address and link a compatible Solana wallet, such as Phantom or Solflare.
Note that the claiming date for Stage 2 has been extended. Monitor the official social media channels of Grass to get updates about the project.
The $GRASS Token Utility
The $GRASS token serves as the native cryptocurrency for the Grass Network, facilitating governance and enabling staking and transactions within the ecosystem. Holders of $GRASS can engage in voting on proposals, upgrades, and partnerships, promoting a user-driven platform.
Another essential purpose of the $GRASS token is staking, which allows users to lock their tokens and earn rewards. This feature not only provides passive income but also fortifies the network.
Additionally, $ GRASS can be utilized to operate routers – nodes designed to enhance data flow. These routers handle network traffic as it expands, ensuring scalability and efficient operations. The $GRASS token aligns user incentives with the network’s growth, nurturing a vibrant and participatory ecosystem.
Increase Your Points
- Run Multiple Components: Users can utilize both Desktop nodes and browser extensions to increase their earning potential.
- Referral Program: Share your referral links with friends and families to earn 2,500 bonus points for each referral and 20% of their points.
- Grass Point System: Collect Grass points, which can be exchanged for USDC on pre-market exchanges, adding more value to your engagement.
Concluding Thoughts
As a blockchain network that merges decentralized technology with AI development, the chance to claim the free tokens through the Grass airdrop is a valuable opportunity. By staying active in the community and leveraging the points available to you, you can earn while contributing to the enhancement of AI and decentralized systems.
However, keep yourself updated about the upcoming events and announcements of the Grass Network by following its official social media channels. It is crucial that you do the necessary diligence and feedback gathering from market analysts or financial advisors before you decide to invest in $GRASS.