|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Grass Network is Introducing a New Method for AI Developers to Access Web Data while Rumors of a Pending Airdrop Loom
Sep 03, 2024 at 10:43 pm
Rumors on crypto X are circulating that the Grass Token airdrop is nearing its final phase. Participants are eagerly awaiting the token generation event
Grass is introducing a new method for AI developers to efficiently access vast amounts of web data, amidst ongoing rumors regarding a pending airdrop of the Grass Token.
According to unconfirmed reports circulating within the crypto community, the airdrop is said to be entering its final stages, highly anticipated by participants eagerly awaiting the token generation event. This event will facilitate the conversion of their accumulated Grass Points into GRASS tokens.
Launched in June 2023, Grass is the brainchild of Wynd Network, a company dedicated to transforming boundless public web data into valuable AI datasets, ultimately democratizing AI development.
As a participant in the Grass network, you contribute your unused internet bandwidth to the collective effort of gathering data from public websites. In return, Grass rewards you for aiding in the advancement of AI technology.
The collected data is then meticulously structured into datasets and sold to AI labs, enabling them to efficiently train their models. This process not only accelerates AI development but also ensures that a diverse range of entities have access to the data they need.
In essence, Grass is playing a pivotal role in preventing the concentration of AI development in the hands of a select few large corporations, thereby fostering a more decentralized and inclusive approach to technological advancement.
The system employed by Grass seamlessly routes web requests through the internet connections of its users, all the while ensuring that their online experience remains completely uninterrupted.
This process is fully legal and safe, as it only engages with publicly accessible web data. Moreover, Grass guarantees the protection of users' personal information throughout the data collection.
To participate in the Grass network and contribute to the collection of web data, all you need to do is sign up, download the Grass app, and allow your devices to contribute to the network.
In exchange for your participation, you will receive Grass Points, which serve as both a reward mechanism and a governance tool within the ecosystem, further empowering you to shape the direction of the project.
Despite the increasing bullish sentiment surrounding Grass and the rising trading activity for Grass Points over the last year, the precise date for the much-anticipated airdrop has yet to be officially announced.
Last year, the project raised $3.5 million in a seed funding round led by Polychain Capital and Tribe Capital. This round, combined with previous funding, brought the total capital raised by Grass to $4.5 million.
The funding was utilized to expand the network of nodes and continue developing the decentralized AI ecosystem, ultimately advancing the project's goals.
In April, Grass launched the "Touch Grass Challenge" to commemorate the first Layer 2 data rollup. This competition invited participants to creatively run Grass nodes across four categories, with the winners, chosen by the Grass team, receiving exclusive merchandise.
As Grass continues to grow and flourish, it serves as a testament to how decentralized technology can simultaneously empower individuals and propel AI development.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- MoonBag Presale: Double Your Coins with Referral and Bonus Codes
- Sep 28, 2024 at 02:25 pm
- The crypto world is full of opportunities, but not all of them give you the chance to double your investment right from the start. That's exactly what MoonBag (MBAG) is offering in its exciting presale phase.
-
- UNLV Loses QB Matthew Sluka, Who Alleges NIL Promises Were Broken
- Sep 28, 2024 at 02:20 pm
- Las Vegas casino boss Derek Stevens (inset) was hoping he could pay the money that now former Rebel quarterback Matthew Sluka says he was owed. (Image: Trask Smith / CSM)
-
- Cardano (ADA) Whales Jump Ship as SUI and IntelMarkets (INTL) Surge
- Sep 28, 2024 at 02:20 pm
- Cardano (ADA), once a shining star, is now facing a harsh reality: its whales are jumping ship! With lackluster price performance despite recent updates
-
- BlackRock's Bitcoin Bet Signals a New Era for Cryptocurrency Investments
- Sep 28, 2024 at 02:20 pm
- In a promising turn for the cryptocurrency market, investor interest in Bitcoin and Ethereum exchange-traded funds (ETFs) is on the rise.
-
- Central Bank of Bolivia Reports Doubling of Crypto Trading Volumes in Q3 2024
- Sep 28, 2024 at 02:20 pm
- The Central Bank of Bolivia (BCB) recently reported a substantial increase in cryptocurrency transactions across the country. According to a report released on September 26, 2024, the volume of virtual asset transactions surged by more than 100% through electronic payment channels.
-
- SushiSwap to Participate in Messari Mainnet 2024 Conference in New York on October 1st
- Sep 28, 2024 at 02:20 pm
- SushiSwap is a decentralized exchange protocol utilizing the automated market maker (AMM) model. Unlike traditional exchanges, it operates without an order book or any centralized entity, relying instead on smart contracts to facilitate trades.
-
- Flooding around Charlotte was already bad as Tropical Storm Helene moved through. It will increase as Duke Energy moves water from Lake Norman through Mountain Island Lake and into Lake Wylie.
- Sep 28, 2024 at 02:20 pm
- Duke Energy “needs to move large amounts of rainwater through the Catawba River System,” Charlotte-Mecklenburg Emergency Management said Friday afternoon.
-
- How to spider-proof your garden this autumn
- Sep 28, 2024 at 02:20 pm
- Spiders tend to get busy as autumn begins. They either move indoors or build webs in gardens as they get ready for winter. The drop in temperature signals that winter is approaching
-
- NYT Connections #475: September 28, 2024
- Sep 28, 2024 at 02:15 pm
- If you're looking for the Connections answer for Saturday, September 28, 2024, read on—I'll share some clues, tips, and strategies, and finally the solutions to all four categories.