Grass GRASS is a cryptocurrency developed on Solana’s blockchain to enhance AI technologies using Layer 2 Data Rollup solutions.
How Grass Network Works
Grass aims to decentralize AI data infrastructure by systematically collecting publicly available information from the web. By installing the app, users' devices become network nodes, using excess bandwidth to scrape web content. Collected data is then anonymized and structured for AI training purposes. Utilizing Solana's speed and scalability, Grass functions as a Layer 2 network. ZK technology ensures transparency and data integrity, preventing malicious data from corrupting datasets. Grass maintains a data ledger to permanently record dataset origins.
Who Is Behind Grass
Grass was founded by the team at Wynd Labs, a blockchain-oriented development group. They successfully raised $3.5 million in initial seed funding from entities like Polychain Capital and Tribe Capital. The creators at Wynd Labs envisioned decentralized infrastructure for efficient AI data collection and processing, generating considerable interest in both the blockchain and AI communities.
Role of GRASS Tokens
GRASS tokens form the core of the Grass Network, facilitating governance, staking, and internal transactions. Token holders actively influence network decisions, approving upgrades and forming partnerships, ensuring a community-driven approach. GRASS tokens also enable passive earnings through staking, aligning user interests with network growth and stability.
Grass GRASS is an innovative merger of blockchain and AI, offering scalable data processing capabilities for AI projects through Layer 2 Data Rollup techniques.
