As we all know in this fast-paced world of crypto, new projects and cryptocurrencies are being released every day, and getting adopted. Among these, Grass is particularly noteworthy both for its approach to leveraging idle bandwidth and because it’s entirely powered by renewable energy sources. This article will explore the Grass network. Let’s dive into its underlying technology, take a look at its tokenomics and determine just how well it stands to attract eco-conscious investors.

Introduction to Grass Network

Grass is an exciting new crypto project that wants to revolutionize how we perceive, value and use internet bandwidth. Grass takes that unused bandwidth and puts it to work. It harvests publicly available web data and turns it into meaningful datasets. These datasets can and should be used for a variety of purposes, not the least of which is training artificial intelligence (AI) models. Grass is unique not just because of its strong environmental bona fides. A third of its transaction fees are funneled directly to funding green initiatives.

Overview of Grass Network

Grass was built to help empower the idea of unused internet bandwidth. Many people and businesses are on internet plans that provide much higher amounts of bandwidth than they need or use. Grass draws on this always available, under-utilized resource and transforms it into a highly sought-after commodity. The network works by letting users rent out their excess bandwidth to receive Grass tokens (GRASS) as rewards. Their collective bandwidth allows them to crawl and index vast swathes of the web. This curated data is subsequently sold to private entities to train their AI and for other purposes.

smart grass, smart flowerpot The brains behind Grass is Wynd Labs, where an in-house AI tool called Socrates has been used to build the conversational interface. Socrates Grass work In this Grass architecture Socrates. This algorithm turns confusing, unstructured data from the entire internet into something understandable and useful. This process saves time by gathering data more efficiently. More importantly, it turns that data into a large and growing asset to be leveraged for new products, services, and applications.

Importance of Environmental Sustainability

With climate change affecting our everyday lives, environmental sustainability has become extremely crucial. Even before the current energy crisis, the cryptocurrency industry overall and particularly proof-of-work blockchain industries like Bitcoin were under fire for their heavy energy consumption. Grass meets this challenge head on by making sustainability the focus of its overarching mission. Today, a small fraction of those daily transactions on the Grass network directly funds the sustainable projects we work on. That includes positive proposals such as safeguarding forests and advancing clean energy research. Grass’s unique imprint is its unabashed commitment to environmental virtue. This commitment to being environmentally conscious is a major draw for investors looking for a sustainable cryptocurrency to invest in.

How to Get Involved

Joining the Grass network is a pretty simple process. The process includes creating an account, connecting with GRASS, and sharing your unused bandwidth to earn GRASS tokens. Come along with us as we provide a detailed overview of the many ways to get involved in the Grass ecosystem.

Volunteer Opportunities

Grass has a grassroots referral program that allows users to invite others to join the network. Simply send your unique referral code to friends and family, and earn 2500 points for every friend who refers! On top of that, you earn 20% of the points that your users earn. This referral program strengthens the Grass network’s rapid expansion. Such a fun campaign, and we’re excited that it encourages users to share the news!

Student Organizations

To get the most out of Grass and realize Grass’s full earning potential, we suggest you operate several different Grass network components at once. This means having the Desktop Node and the browser extension open at the same time. The more active you stay, the more money you can make. Take advantage of every resource you can find to maximize the number of GRASS tokens you earn!

Resources Available

The Grass network offers a variety of resources to help users understand and participate in the ecosystem. Detailed instructions on how to purchase and sell GRASS tokens are available here. Along with laying out the network’s ongoing architectural efforts, they report their most recent progress on sustainability initiatives.

Campus Facilities

To buy GRASS tokens, you must first use a compatible crypto exchange. Since GRASS is such a new token, it likely won’t be available on every exchange. It’s important to look for an exchange that lists GRASS and provides a secure and easy-to-use exchange experience.

Step 1: Choose a Compatible Crypto Exchange: Since GRASS is a brand-new crypto token, it is not yet supported by a lot of exchanges or crypto wallets.

After that, we’ll show you how to create a crypto wallet and add money to your account.

Once your account is funded, the first step is to place an order for GRASS on the exchange. Then check out its actual crypto value and set up your GRASS crypto wallet.

Community Programs

The Grass token (GRASS) is the major utility token of the Grass network ecosystem. It is a multi-purpose solution – in addition to rewarding users for sharing their bandwidth, it incentivizes participation in the wider network. Users are rewarded with GRASS tokens for sharing their extra bandwidth. This points system makes the distribution of rewards fair and transparent.

The Grass ecosystem has a predetermined supply cap of 1,000,000,000 GRASS tokens. This limited provision helps guarantee the network’s long-term viability and inflation-free future. The distribution strategy is carefully planned to allocate tokens to different stakeholders, including:

  • Early Supporters: 25.2%
  • Core Contributors: 22%
  • Future Incentives: 17%

Contact Information

If you’d like more information, or help getting started on the Grass network, get in touch with us via email, Twitter, or Mastodon. The Grass team is looking forward to supporting and answering questions from early users.

Office Hours

Grass runs on the Solana Layer 2 (L2) network. This configuration results in all sorts of positive attributes like transactions at light speed and the enhanced user privacy. With its high throughput and low cost infrastructure, Solana’s L2 network is the perfect home for an interconnected ecosystem like Grass. This decision to use Ethereum’s blockchain infrastructure further emphasizes Grass’s desire of offering a clean and intuitive experience.

Communication Channels

The Grass network approaches long-term sustainability by using unused internet bandwidth to passively collect raw data. We run this data through Socrates, our in-house AI development tool at Wynd Labs. Second, it summarizes and translates the raw data into a more understandable format. This creative tactic takes full advantage of bandwidth that would otherwise go unused. It drives technological advancement in AI.

Users can maximize their earning potential by running multiple components, such as the Desktop Node and browser extension, to ensure their connection remains active.

Users can refer friends and earn 2500 points for every successful referral, and receive 20% of referred users’ points by sharing their referral code widely.

Grass is committed to doing business in an environmentally sustainable way. With its creative approach to utilizing idle bandwidth and tokenomics, Holochain is one of the most exciting projects in the cryptocurrency space. The ecosystem is moving at an incredible pace and attracting more and more users. This surge has the potential to greatly shape the crypto industry and do good for the planet.