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Other Reviews

Grass Review: Earn Passive Income by Sharing Unused Bandwidth

October 9, 2024 - Around 7 mins mins to read
Grass is a blockchain-based, decentralized web scraping protocol that incentivizes sustainable data collection with the power of sharing unused bandwidth.
Grass Review: Earn Passive Income by Sharing Unused Bandwidth
Table Of Contents
  1. What is Grass?
  2. How does it work?
  3. Grass Products
  4. Grass Points
  5. Tokenomics
  6. Team, Investors, and Partners
  7. Roadmap
  8. Conclusion
  9. FAQs

What is Grass?

Grass Review: Earn Passive Income by Sharing Unused Bandwidth

Grass is a decentralized protocol that empowers the idle bandwidth of the internet into an asset. Hence, it enables normal day-to-day web users to passively earn some income by contributing to the Grass’ web-scraping network that sustainably gathers data.

This is mainly because most people pay for access to the internet but rarely use their entire bandwidth; Grass capitalizes on this surplus by connecting it with companies and organizations that need such data for a variety of online services.

Grass also secured approvals from major anti-malware providers, further cementing its commitment to the highest industry standards for keeping users’ privacy and security in the best shape possible. This will go a long way in ensuring that participants are at peace when contributing their internet bandwidth to the network.

How does it work?

Grass Review: Earn Passive Income by Sharing Unused Bandwidth

All that the users need to do is click to join Grass and begin earning rewards. Sharing extra bandwidth gives these businesses the resources they need to enhance online services. Grass works by connecting this extra bandwidth with verified businesses to make sure both the company and the user benefit.

Behind Grass is Wynd Network, a development team that realized the global abundance of unused internet bandwidth. Grass was developed to begin making good use of this available resource. Businesses, especially AI-related ones, purchase bandwidth from the platform, taking meticulous measures to ensure it is not abused in any form. Only a very small portion of up to 0.3%-of the user’s bandwidth is ever used, and never at the cost of the user’s experience on the internet.

Among other ways, users can get started by adding to Google the Grass Extension which will immediately have them up and running in passive income. Sharing bandwidth rewards them with points that later can be converted into the native GRASS token as a form of reward. The more they contribute, the more they earn.

Grass Products

Grass Review: Earn Passive Income by Sharing Unused Bandwidth

Grass will be a leading data layer for AI under development, comprising two infrastructural parts:

  • Sovrin Data Rollup: It is a node, router, validator, ZK processor, and data ledger-based architecture that assists in web data retrieval and transformation into structured datasets. This architecture will seamlessly enable the conversion of this data for useful training in AI and other sophisticated applications.
  • Grass Node: It’s basically a device that allows users to contribute additional internet bandwidth to the network. Such nodes power the collection of data at AI companies and other organizations needing internet resources.

Grass Points

Grass Review: Earn Passive Income by Sharing Unused Bandwidth

Grass Points are the rewards system in the Grass Ecosystem: a means through which users can get points, be it through their contributions and/or referrals, thereby being converted into native tokens that Grass offers, or any other future forms of reward. Here are ways through which users earn Grass Points:

1. Usage

    People get rewarded with Grass Points just for keeping their connection up and sharing that extra bandwidth with the network. The more consistent your connection, the greater the accumulation of your points.

    2. Referrals

      Grass offers a multi-level referral program that incentivizes users to bring in new contributors to the network. There are three levels of referral rewards:

      • Primary Referrals: You earn 20% from each user uptime point you directly refer to the Grass network.
      • Secondary Referrals: If a referred user of yours invites another user, then you will receive 10% of this new user’s uptime points.
      • Tertiary Referrals: Third-level, at which you are earning 5% of the uptime points for users invited at the second level in your referrals.

      Grass also gives some referral bonuses, both for the referrer and the referred. New referrals have a 5,000-point bonus after reaching 100 hours of uptime, while referrers get a 2,500-point bonus once their referral has reached the same threshold.

      3. Referral Tier System

        Grass also has a tiered system wherein, with increasing referrals by the user, a lot more rewards can be unlocked. Their rewards for total points and referrals keep getting higher and better as the users progress through ranks from Iron to Titan.

        • Titan Rank: It requires 49,616,939 points or 221 invites with a reward of 250k.
        • Vanguard Rank: It requires 7,394,899 points or 185 invites with a reward of 100k.
        • Conqueror Rank: Requires 2,767,564 points or 154 invites for a 50k reward.
        • Diamond Rank: Requires 375,443 points or 136 invites with a reward of 19k.
        • Emerald Rank: Requires 118,247 points or 86 invites with a reward of 6k.
        • Platinum Rank: Requires 36,351 points or 34 invites with a reward of 1.8k.
        • Gold Rank: Requires 11,351 points or 17 invites with a reward of 565.
        • Silver Rank: Requires 2,595 points or 11 invites with a reward of 130.
        • Bronze Rank: 373 points or 6 invites with a reward of 20.
        • Iron Rank: 0 points or 0 invites.

        4. Epoch System

          Grass includes an epoch system whereby point accumulation is timeboxed into monthly cycles such that the user can get a clear picture of the number of points they make every month. The points will not change throughout the beta, but the dashboard visualizes points over time to better track progress.

          Tokenomics

          For now, Grass has not announced detailed tokenomics publicly. Among the rewards users will be able to get in perspective, there will be the GRASS token.

          Team, Investors, and Partners

          Team

          Grass Review: Earn Passive Income by Sharing Unused Bandwidth

          The development team of Grass is heavily undercover. However, the project is backed up by Wynd Network—a decentralized web proxy network. The only known team member is Andrej Radonjic, co-founder of both Wynd Network and Grass. Andrej has done his Master’s in Mathematics and Statistics from York University; he also has a Bachelor’s degree in Engineering Physics from McMaster University.

          Investors and partners

          Grass Review: Earn Passive Income by Sharing Unused Bandwidth

          Grass has raised $4.5 million across several fundraising rounds:

          • Pre–Seed: $1 million raised with NoLimit Holding leading and contribution from Eclips, Bigbrain Holdings, and Satori.

          • Seed: $3.5 million led by Polychain Capital and Tribe Capital, with participation from Mozaik and Big Brain Holdings.

          • Series A: Grass has also raised an undisclosed amount in its Series A round with participation from Polychain Capital, Delphi Digital, and others.

          The project has established partnerships with Solana Phone (Saga) to integrate its applications on mobile devices. Additionally, Grass has teamed up with Alignment Lab AI, an AI company specializing in large language models (LLMs), to enhance its data collection capabilities for AI development.

          Roadmap

          Grass has finally completed the snapshot for its Airdrop #1 program. The community is still awaiting an announcement about its tokenomics and, more importantly, its detailed roadmap that would give a glimpse of what’s in store for this project.

          Conclusion

          Grass is an exciting project within the DePIN space that allows users to monetize their unused internet bandwidth into passive income. This decentralized physical infrastructure not only grants privacy and security but also makes it one of the promising projects in AI and web scraping, given its partnerships and innovative model.

          CoinCu believes in the potential Grass has within the Solana ecosystem, especially since it is focused on DePIN physical infrastructure and sustainable data collection.

          FAQs

          1. How do I start earning with Grass?

          You can start by downloading the Grass Extension, creating an account, and sharing your unused bandwidth to earn rewards.

          2. How much bandwidth does Grass use?

          Grass only uses up to 0.3% of your unused bandwidth, ensuring no disruption to your internet speed or service.

          3. Can I earn more by referring others?

          Yes, Grass offers a referral program where you can earn points for every user you invite, plus additional bonuses based on their activity.

          DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

          DePIN

          Grass

          Sharing Unsed Bandwidth

          Solana

          Author

          William

          In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.