GRASS Cryptocurrency -Trends of Grass and Function

GRASS is a cryptocurrency that is making waves in the blockchain ecosystem. In an environment where large businesses have long profited from our spare bandwidth with minimal compensation, GRASS is revolutionising the market. Users can leverage their unused internet resources with this cutting-edge platform, all while maintaining control over their personal information.

Here we will explore the fundamentals of GRASS, including its tokenomics, real-world applications, and the factors contributing to its rising appeal. GRASS fosters a sense of community and shared ownership while offering users financial incentives through the power of a user-owned network. This post will provide you with helpful information, whether you want to invest in GRASS or simply learn about its operations. 

About Grass

GRASS is an advanced cryptocurrency designed to create a decentralised network where users can earn by monetising their unused internet bandwidth. GRASS enables people to earn rewards for contributing their resources. This encourages active participation and promotes a more equitable digital economy.

The goal of GRASS is to create a user-owned network where people may benefit from and have ownership over their data. GRASS leverages the community's combined strength by allowing users to donate their unused bandwidth, thereby building a robust infrastructure that supports a range of applications, particularly in the fields of decentralised services and artificial intelligence. 

Some Recent Trends of Grass

Currently, one GRASS costs ₹77.36.  The price is up 1% from Grass's 24-hour mark of 76.56 and 1% from its value a week ago, at 76.44.  On November 8, 2024, Grass reached its highest value ever, ₹345.30. It represents a 78% decrease from the current value. 

Currently, there are 243,905,091 GRASS in circulation, which represents 24% of its 1,000,000,000 GRASS maximum supply and 24% of its 1,000,000,000 total supply.  The current market capitalization, which is calculated by multiplying the price of Grass (₹77.36) by the total supply (1,000,000,000 GRASS), is ₹18.96B.  Grass's market value, fully diluted, is ₹77.75 billion. When completely diluted, the value of grass is ₹ 77.75 billion. 

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Grass holds that fraction of the whole cryptocurrency market capitalisation, with a domination of 0%.  With a 7-day total of ₹27.793B and an average of ₹3.97B per day, the 24-hour trading volume is ₹4.106B, up ₹135.249M over the previous 24 hours.  With a daily average of ₹4.434 billion and a trade volume of ₹133.02 billion in the last month, the most recent 24-hour data showed a decline of ₹ 328.394 million. 

How does the Grass Function?

Grass transforms your device into a node by using an application or browser plugin.  The network collects public web data through your unused internet bandwidth, anonymises this data, and uses it to train AI models.  Grass utilises zero-knowledge (ZK) technology to ensure data transparency and operates on the fast and scalable Solana blockchain. 

Technology Behind Grass

Grass is built as a Layer 2 network on the Solana blockchain, ensuring high speed and scalability. The platform utilises a zero-knowledge (ZK) processor that ensures data transparency by validating and recording metadata. This prevents data corruption and increases the reliability of the AI models trained on these datasets.

The ecosystem of grass

Users who pool their bandwidth, developers who train AI models, and businesses who buy structured information make up the Grass ecosystem.  Routers and nodes are used to gather and process data, and users are rewarded for their involvement. 

Applications of GRASS

GRASS's potential in the changing digital landscape is demonstrated by its many valuable applications.  The following essential use examples demonstrate how GRASS can be applied successfully:

Development of AI

GRASS gives AI developers access to organised datasets, making it an essential tool.  GRASS enables the gathering and processing of enormous volumes of public online data by leveraging the combined bandwidth of users. This data can then be utilised to train AI models more effectively.  This makes it possible for smaller developers to compete with larger organisations by democratizing access to data. 

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Access to Data Decentralised

GRASS's decentralised architecture enables access to data transparently and securely.  Without relying on centralised organisations, developers can utilise the network to collect trustworthy datasets.  While guaranteeing that users retain control over their contributions, this strategy improves data integrity.

Monetisation of Internet Resources

 Grass provides private citizens with new revenue streams by enabling them to monetise their unused bandwidth.   In an era when many individuals are seeking new ways to earn money, this feature is highly appealing.   Because users may earn GRASS tokens by simply sharing their internet resources, they provide an easy way to participate in the digital economy. 

Conclusion

GRASS is an innovative cryptocurrency that enables users to earn profits from their unused internet bandwidth while fostering a vibrant, community-driven ecosystem.   GRASS is designed for long-term success with a fixed 1 billion token supply and deliberate distributions that encourage participation.  Due to its recent launch and successful airdrop, which garnered significant attention, it has become a major player in the cryptocurrency industry.  GRASS provides valuable applications for data access and AI development in response to the growing demand for decentralised solutions.