Grass announces the end of the closed testing and prepares for the Airdrop rewards.

Recently, a decentralized network platform announced that its closed testing phase has ended and is currently conducting a snapshot to determine the upcoming Airdrop eligibility. The platform stated that users' network participation ( will be weighted by epoch ) as the benchmark for obtaining rewards.

In the coming weeks, the team will provide a detailed Airdrop eligibility checklist and share more information about tokenomics. The future development focus of the platform will shift from building core infrastructure to supporting large-scale development, emphasizing applications that combine user interests with network functionalities.

It is reported that the platform's user count has reached 2 million. As a decentralized network, the platform aims to provide the necessary data for AI model training by accessing public networks. This makes it an important component of the AI data layer, laying the foundation for scaling to clean and prepare structured datasets, consolidating its position in the AI field.

Financing and Technical Background

The team behind the platform recently completed a $3.5 million seed round funding led by a well-known investment firm. Combined with the previous pre-seed funding, the total funding amount for the team has reached $4.5 million. This funding will be used to enhance technical infrastructure, expand the node network, and improve data verification processes.

The platform is a decentralized bandwidth market where users can help AI laboratories obtain network data for training models by selling their idle internet connections. The platform utilizes users' IP addresses to sell excess bandwidth, thereby bypassing many websites' restrictions on data center IP addresses. The entire process ensures the privacy and data security of users.

The core technology of the platform is an AI development tool that excels at collecting unstructured data from the internet and structuring it for easier reading. As a result, the platform has become an AI data warehouse, providing the data needed for model training to other AI systems.

As a representative of the AI data layer, the platform allows users to participate in the preparation and collection of data, and benefit from it. This process is not only critical to the performance of AI models but also accounts for a significant portion of the total workload involved in implementing AI systems.

Market Potential

The platform is built on a high-performance public chain, which allows it to leverage the advantages of high throughput of that public chain. To address storage issues, the platform has also constructed a rollup that uses ZK processors to batch process provenance proofs and then publishes them to the public chain.

The platform's Web3-first approach offers several advantages over centralized residential service providers. Firstly, by using rewards to encourage users to share their bandwidth directly, it fairly distributes the value generated by AI while also saving on the costs of paying application developers to bundle their code.

In terms of market potential, the platform currently has 2.2 million unique users, and it is expected that more users will flock in after the token generation event. Furthermore, the network is owned and operated by its users, who gain stakes in the network by running nodes and earning rewards.

Other market potentials also include:

1. Wide distribution: Nodes come from over 190 countries, with 50% in the Asia-Pacific region, 40% in the United States and the European Union, and 10% in other parts of the world.

2. Strong technical foundation: processing 1 million network requests per second, capturing public data through over 2.2 million nodes globally in just one week.

3. Long project lifecycle: has a robust product roadmap and has been continuously expanding.

4. Strong and reliable investment support: Led by well-known investment institutions, with a luxurious investment lineup.

5. Easy to participate: Running a node is very simple; users just need to register and install the browser extension.

6. Support decentralized and open-source AI: By creating alternative pathways to access network data, support the creation of decentralized and open-source AI.

If the user base of the platform expands by another 20 times, it will be capable of training an AI from scratch that can replace the existing large language models. This is also one of the reasons why it has the strength to become a leader in the decentralized physical infrastructure network track.

Summary

The mission of the platform is to correct the mistakes of the Web 2.0 era and promote the development of Web3 values. By participating, users not only earn rewards for building the network but also help create a more equitable and just world.

The platform is committed to building the infrastructure needed for the future, providing users with a way to participate in the AI revolution while promoting the development of decentralized and open-source AI, allowing everyone to access and utilize public network data fairly. Its innovation and unique positioning have established it as an important player in the AI and Web3 sectors, with the potential to become a leader in this field.