Search result of GRASS

The Grass project is a decentralized network that allows people to monetize their unused internet bandwidth. It uses a node to access users’ unused bandwidth.

The article introduces in detail the technical architecture of Grass, including the roles and functions of validators, routers, nodes and ZK processors, as well as the importance of the Grass data ledger, discusses the operation of Grass nodes and the reputation scoring system, and the Grass generation The various participation methods of the currency provide users with a fair and open AI data layer through its unique incentive structure and security mechanism, while ensuring the transparency and security of the data.

Grass is a DePIN project built on the Solana network that leverages unused internet bandwidth to gather information from public networks. This information is then used to train large language models (LLMs) and establish a transparent data marketplace that rewards all participants. The protocol utilizes the bandwidth of users' devices to search for necessary information, process the collected data, and record its provenance history on the blockchain using zero-knowledge proofs (ZKPs).

Grass gives AI models and apps access to the entire Internet as a dataset, which is collected via a network of nodes around the world who are contributing their idle Internet bandwidth. They have strong initial traction with over 2.5 million users.

DePIN integrates blockchain with physical infrastructure, redefining network resource allocation. This article focuses on bandwidth-sharing DePIN, exploring its core features, revenue models, and representative projects such as Grass and OpenLoop. It analyzes token economics and miner rewards, providing in-depth insights for readers interested in the convergence of decentralized networks and AI. Additionally, it examines the future potential of DePIN in AI, IoT, and Web3, offering a comprehensive view of this emerging sector's value and challenges.

Gate Research Daily Report (October 29): In the past 24 hours, BTC has increased by 2.84%, approaching the $72,000 resistance level. The Total Value Locked (TVL) on Solana’s decentralized exchange Jupiter has reached a new high, and the market capitalization of Liquid Staking Tokens (LSTs) has exceeded $5 billion. Base protocol fees have surpassed $23 million. Phantom wallet experienced a temporary outage due to the Grass airdrop, and Circle has released a privacy framework for ERC-20 tokens. Additionally, Elon Musk’s PAC activities are now facing a lawsuit.

Gate Research Daily Report (August 16):BTC briefly broke above $59,800 before quickly retreating to $56,000, while ETH fluctuated between $2,500 and $2,700. MakerDAO’s proposal to reduce WBTC collateral could pose liquidity risks. Pump.fun continues to dominate the meme coin market, with Beethoven X, Colend Protocol, and Symbiotic leading TVL growth in the DeFi sector. A rebound in U.S. stocks has boosted blockchain shares, and $95 million in funding was secured in the Web3 sector. Keep an eye on airdrop opportunities from Pichi Finance and Grass.

We previously discussed how AI and Web3 can complement each other across vertical industries like computational networks, intermediary platforms, and consumer applications. When focusing on data resources as a vertical field, emerging Web projects offer new possibilities for the acquisition, sharing, and utilization of data.

Old phones and computers can still "dig for gold" in the crypto world, with DePIN and some Layer1 projects transforming them into mining sites. This article introduces nine projects that give new life to old devices.

This article explores the potential integration of AI and cryptocurrencies, emphasizing that true integration involves incorporating Crypto into AI workflows and empowering AI with Crypto.

Bitcoin’s price dropped 2.84% over the past 24 hours to $70,303, facing potential short-term resistance at $69,500 as bulls and bears contend for control. MicroStrategy announced a significant $42 billion Bitcoin investment plan to expand its reserves. Meanwhile, the U.S. Treasury suggested replacing stablecoins with a central bank digital currency (CBDC) to enhance stability. Canary Capital applied for a Solana spot ETF, joining traditional financial firms in expanding crypto offerings. Additionally, USDT circulation surpassed $120 billion, up 30% since the beginning of the year, reflecting strong demand.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

In the AI era, product competition relies heavily on stable computing power and data. By combining Web3, it can assist small and medium-sized AI startups in surpassing traditional giants. The DePIN ecosystem, through the integration of token economics and hardware devices, addresses the needs of AI products for computing power and user targeting.

How can AI+Web3 projects achieve real-world implementation? This article analyzes four mainstream AI protocol paths, focusing on breakthrough opportunities for content-based products. It takes AKEDO as an example to detail its user growth, interaction design, and platform evolution logic, revealing the breakthrough secrets of creator collaboration-type AI protocols.

In 2024, the crypto AI market experienced an unprecedented surge in investments, with top venture capital firms in the crypto industry—such as Grayscale, Coinbase Ventures, Binance Labs, and a16z—actively involved in “Crypto+AI” projects. This article will systematically review the 2024 investment strategies of top crypto VCs in the Crypto+AI space, along with the fundamentals of the projects they invested in.