NFT

What is Grass AI? The Data Layer of AI – And Their GigaBuds NFTs

What is Grass?

Developed as the primary product from Wynd Labs, Grass goals to democratize and decentralize the web’s sources, and guarantee honest compensation for all.

Via their Chrome Extension and cellular app, Grass provides 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 creating proprietary datasets and AI fashions to contribute in the direction of the decentralization of AI as an entire, with the purpose 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 prepare from, making that information accessible through APIs, and remodeling the web into an overtly accessible and structured data base.

The final purpose for Grass is to change into the foundational layer for AI decentralization, contributing to the creation of a world, open-source repository of human data.

Grass Seed Round Supply: Grass

How does Grass work?

Accessible through a Chrome Extension or cellular app, Grass collects your unused bandwidth and makes use of it to assist energy the online scraping crucial for AI to develop, prepare 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 an element of the AI ecosystem, however you gained’t expertise any slowdowns with the apps and providers you employ.

By utilizing Grass, customers earn Grass Factors. These will be transformed into community possession, which might then be offered to verified firms for makes use of reminiscent of net scraping and market analysis utilizing cryptocurrency as a medium. Extra payout strategies are being explored, reminiscent of fiat choices through PayPal, reward playing cards, and the flexibility to participate in community governance.

Grass takes a agency stance on safety. The app collects fundamental info, reminiscent of uptime, IP tackle connections, sign-up emails and passwords, however doesn’t entry any private info on customers gadgets.

For instance of their scraping prowess, and the sheer energy of the bandwidth shared thus far, the Grass group scraped everything of weblog internet hosting web site Medium within the span of two days, totalling tens of tens of millions of articles and a phrase depend that’s more likely to be within the tens of billions.

Grass App Store
Grass App Store Supply: Grass

What has Grass completed thus far?

Grass entered Beta in June 2023 as a Chrome Extension, and launched a Referral Program to reward early adopters with extra Grass Factors.

The Grass Cell 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.

Speedy development ensued, reaching tens of hundreds 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 buyers reminiscent of 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 Cell app on the Saga dApp store, and exposing Grass to each the Solana ecosystem, and the eyes of the crypto world at massive.

Quick-forward to yesterday (June 19), and Grass introduced that not solely do they anticipate an inflow of new customers quickly attributable to “certain reasons“, but that they’re also debuting the Grass App Store, a variety of free apps – the first being the Grass Community Node – that allow users to help test new features whilst receiving a multiplier to their Grass score.

Right now, the Grass team are striking partnerships with AI labs and other projects that believe in their cause, and are looking develop applications beyond AI training, such as market analysis tools, advertising optimization tools, financial insight tools, and a variety of other applications for industries where data-driven decision-making can be enhanced by the access to public data that AI provides.

Grass GigaBuds NFT Collection
Grass GigaBuds NFT Collection Source: GigaBuds

What is GigaBuds?

Last week, according to industry sources, Grass announced plans for an NFT collection to a small cohort of their most loyal and longstanding supporters as a token of their appreciation – ahead of their proposed token launch, anticipated to arrive in mid-August.

This echos a tweet published by the cryptic GigaBuds account on X, an as-yet unrevealed project that, according to 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 variety of character-based, narrative-driven NFT assortment is coming to Grass.

Our sources point out that GigaBuds is the title of this NFT assortment, and that these NFTs will carry out a key function sooner or later development of Grass, with a bunch of advantages and utility obtainable to holders.

A choose group of Grass customers have been invited to participate in a pre-sale held this previous week, which offered out in minutes.

Extra info relating to GigaBuds is but to be identified – though with Grass teasing an enormous replace that can lead to a “huge influx of new users soon”, we consider it gained’t be lengthy earlier than all is revealed.

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