A new coin is in the making and you have the opportunity to be the early adopter. Yes, Grass, powered by Wynd Network has made headlines recently when it raised $3.5 Million in seed funding. The seed funding took place under the supervision of Polychain Capital and Tribe Capital. Launched in June this year, Grass aims to become the Oracle of AI by providing datasets through web scrapping. Wanna know more about Grass, here's everything you need to know.
Today we are at the beginning of an era where the fusion of AI and Web 3 is creating new dimensions every day. Recently we haven't witnessed more innovations in any other field than those of AI and Web 3. This is happening all because of one thing that these technologies seem to be connecting today with tomorrow. But these are early days and every other day we may be listening about add ons in this niche.
What is Grass Protocol?
Recently, Wynd Network has taken one such new initiative. It is creating a chain that will act as a decentralized oracle for AI. Additionally, Grass will be creating such datasets that will truly incentivize its original contributors. In simple terms, Grass aims to build a protocol where web scrapping will be incentivized through a cryptocurrency.
If you're scratching your head and trying to understand a few technical terms, let's focus a bit more now.
What is Web Scrapping?
So to understand the concept of Grass Protocol we first have to understand web scraping. Web scrapping is like collecting of large data automatically from various sources. All big companies have been doing it. For Example 'Facebook Viewpoints' by Meta is one such app.
Secondly we need to understand how it can benifit web 3 and AI. Web scraping actually helps in creating robust, accurate, and well-trained AI models. It is done by automating the data collection process and scaling of information from various sources.
Now that you have learnt what the Grass protocol is and how it works, let us understand how we will benefit from it.
Utility of Grass Protocol
As users of internet, we all have access to a certain bandwith for a certain time. But we mostly do not use it entirely. The fun fact is that we don't care much for it being unused. Even we don't realise that we have paid for it to consume it all. Here comes the utility of Grass which sells our unused bandwith to big companies and incentivizes us in return.
Another Honeygain or InboxDollars?
You may say it's quite similar to 'Honeygain' and 'Inbox Dollars'. But it's actually not. Those were some centralized apps without much transparency. Whereas Grass will be decentralized, open sourced and transparent above all. Grass will be selling accumulated bandwith to AI labs in order to train AI models to work efficiently.
When Will Grass Launch?
Latest is that this project is in its early stages and yet to recieve the official launch date. However, we can clearly understand that it's evolving rapidly. In private seed funding which is co-led by Polychain Capital and Grass has been able to raise a whopping $4.5 Million till now.
How to Earn with Grass?
Grass project is in pre launch stages but that doesn't mean you can't earn here. According to the official website of Grass, you can still earn upto $30 by selling your unused bandwith. Additionally you may get the benifit of being an early adopter. Who knows? You get an airdrop for early adopters!
How to Join Grass?
You can simply join Grass by clicking here.
https://app.getgrass.io/register/?referralCode=UxxFKPRf8m44pTl
As an early adopter, you will be paid Grass points which will be converted to Grass Coins once the network launches the main net.
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