CoinW, a well-known cryptocurrency trading platform, is set to introduce GRASS, a revolutionary decentralized data network created to fuel AI and transform data access, on the DePIN Zone. Starting on October 28th, 2024, at 14:00 (UTC), CoinW users will have the opportunity to trade the GRASS/USDT pair. To commemorate the listing of GRASS, CoinW is launching the “GRASS bounty program: Register & Trade & Retweet” event, featuring a reward pool of 10,000 USDT.
Grass is a decentralized network that collects and organizes public web data, serving as a valuable resource for training AI models. With a vast network of nearly 2.5 million user-operated nodes worldwide, Grass has amassed a substantial amount of data, including over 500,000 media articles. Through its innovative “Sovereign Data Rollup,” Grass provides organizations, researchers, and non-profits with a community-powered solution to data acquisition, challenging the dominance of data monopolies held by a few corporations. Additionally, Grass offers a unique dataset cleaning tool called Socrates, enabling users to generate high-quality, structured data essential for AI applications.
The Grass project boasts a strong user community, with 468,000 Twitter followers and an active Discord community of 430,000 members. Following a recent airdrop on October 21, Grass has expanded community engagement through a referral program and points-based activities. These points, earned by contributing network resources, will serve as airdrop credentials and convert into network ownership as the project advances. This community-driven approach aligns with Grass’s vision of a decentralized and transparent data network where users actively participate in governance, fostering a sustainable and fair data ecosystem.
The GRASS token plays a central role in the network, enabling holders to engage in transactions, staking, and governance activities within the ecosystem. As Grass grows, token holders will have the opportunity to stake GRASS tokens to support network traffic, earn rewards, and participate in decision-making processes such as proposals and partnerships. With a total token supply of 1 billion, the distribution of GRASS tokens aims to support network expansion and encourage user involvement, with allocated portions for investors, teams, airdrops, and community rewards. Leveraging Solana’s efficient technology, Grass is well-positioned as a key player in Web3, offering a decentralized alternative to traditional centralized data sources.
To celebrate the listing of GRASS on CoinW, a limited-time offer of a 10,000 USDT equivalent GRASS prize pool will be available from October 28th, 2024, at 14:00 to November 4th, 2024, at 16:00 (UTC). CoinW users can participate in various activities such as registration, trading, and community events to be eligible for a share of the prize pool.
CoinW is a leading crypto trading platform known for its focus on security, transparency, and user-centric values. With advanced technology, deep liquidity, and support for a wide range of cryptocurrencies, CoinW has built a strong user base and earned a reputation as one of the most secure crypto exchanges globally. Committed to upholding regulatory standards and contributing to the advancement of the crypto industry, CoinW ensures a safe and reliable trading environment for its users.
Grass, on the other hand, is at the forefront of developing the first Sovereign Data Rollup, simplifying data procurement and transformation through a global network of Grass nodes. By leveraging over 2.5 million user devices worldwide, Grass offers a unique opportunity for individuals to earn tokens by contributing unused internet bandwidth, while enterprises can leverage these tokens for large-scale public web data collection.
In conclusion, the collaboration between CoinW and Grass represents a significant step towards democratizing data access and empowering users to actively participate in shaping the future of AI and data networks. With the launch of GRASS on the CoinW platform, users can now engage in trading activities and take part in community events to earn rewards and contribute to the growth of the decentralized data ecosystem.