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Cryptocurrency News Articles

Grass Token Airdrop Enters Final Phase, Community Buzzes with Speculation

Sep 03, 2024 at 03:02 pm

The Grass Token airdrop is entering its final phase, with participants eagerly awaiting the token generation event (TGE) that will convert Grass Points

Grass Token Airdrop Enters Final Phase, Community Buzzes with Speculation

The Grass Token airdrop is nearing completion, and participants anxiously await the token generation event (TGE) that will convert Grass Points into GRASS tokens. Meanwhile, the deadline for confirming Solana wallets is approaching on Sept. 2.

Launched to empower users to sell their unused bandwidth and create a fairer alternative to middleman-controlled networks, Grass crypto has enabled participants to earn Grass Points over multiple epochs. These points will determine the amount of GRASS tokens they receive in the upcoming airdrop.

The Grass team has recently reminded users on X to link their Solana wallets by Sept. 2. After this point, users will be unable to change their linked wallets until after the airdrop is complete.

September GRASS Crypto Airdrop? Community Speculates

The Grass network has sparked speculation within the community, especially after becoming the first Layer 2 Data Rollup, that the Grass Token Airdrop could occur in Sept.

On Aug. 31, X user @sol_nxxn highlighted that Grass Points have seen substantial trading activity, with 1 million points valued at roughly $770 on the points market in late August. This indicates heightened interest in the token.

Another X user pointed out on Aug. 30 that several indicators suggest a Sept airdrop, including the completion of the last epoch, recent team announcements, and the creation of a Grass Foundation account.

Meanwhile, @undeadcat1or0 noted that the current bonus epoch likely signals the completion of Grass’s first phase of network development.

Despite the community airdrop speculations, the Grass coin team is yet to provide an update on the exact date for the TGE.

Grass Network Prepares for Token Distribution

Backed by $4.5 million from investors like Polychain Capital and Tribe Capital, Grass is focused on using unused home internet bandwidth to support decentralized and fair AI development.

A recent $3.5 million seed round, led by Polychain Capital and Tribe Capital, follows a pre-seed round by No Limit Holdings. Additional funding from Bitscale, Big Brain, and others will enhance Grass’s infrastructure and expand its network.

Since June, Grass has converted public web data into AI datasets using a decentralized model, ensuring data transparency and fair compensation.

Original source:coinchapter

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