grass

On September 29, Shayon Sengupta, a partner at the cryptocurrency investment firm Multicoin Capital, stated that Multicoin has invested in the decentralized bandwidth network Grass through its hedge fund and venture capital fund, referring to it as the reading layer of machine intelligence. Over the past 18 months, Grass has recruited contributors to share idle bandwidth through crypto incentives for querying and parsing the public internet, connecting data to the data pipeline of frontier labs.The article cites a report from Grass itself, stating that over 6 million contributors have received rewards denominated in USD, funded by the revenue generated directly from their contributions. Grass reported revenues of $17 million in 2025, with another $17 million recorded in the first half of 2026, with nearly all AI clients making repeat purchases. Grass claims the business is profitable and projects that revenue from training data alone will reach $75 million in 2026, with relevant figures coming from its call on July 7 to token holders and network participants.Sengupta wrote that Grass plans to launch a Contents API, allowing models to open and render public pages through residential networks, and plans to introduce a Search API along with web indexing. Grass has collected over 1 billion public internet videos, some of which are used with Multicoin portfolio company Inference.net for training video annotation models.

The decentralized bandwidth sharing and AI data infrastructure project Grass announced that its wholly-owned subsidiary Grass DataCo Ltd. provides data infrastructure to cutting-edge model training AI laboratories and released an independent revenue verification completed by Regen Financial, covering until the second quarter of 2026. Grass stated that the revenue generated from customer contracts goes directly to Grass DataCo Ltd., rather than Wynd Labs; Wynd Labs is an independent vendor that assists in product development and engages in sales and marketing, and this structure is designed to keep DataCo's revenue within the Grass ecosystem.The verification document shows that it reviewed 100% of the work orders for two periods and traced them back to cash receipts: Period One is from March 14, 2025, to December 31, 2025, with a reported revenue of approximately $17.5869 million, and cash receipts verified at approximately $16.2395 million; Period Two is from January 1, 2026, to June 30, 2026, with a reported revenue of approximately $14.5276 million, and cash receipts verified at approximately $11.3514 million. The total reported revenue for both periods is approximately $32.1145 million, with verified cash of approximately $27.5909 million, and the discrepancy of approximately $4.5236 million is explained as the portion that has not yet been independently confirmed through cash receipts as of the program date, largely related to long-term contract deliveries and an approximately 60-day payment cycle. The document also notes that this is a due diligence procedure and not an audit or assurance engagement, and it does not express an opinion on the overall financial statements.Grass stated that it will reinvest most of its revenue back into the business; it has pre-purchased computing and storage for 2025, claiming that this move has reduced network operating expenses by an average of over $2.5 million per month, and it states that this is one of the direct reasons for achieving profitability at present. The project claims it will continue to build the ecosystem centered around tokens and will consider financial transparency as part of establishing trust with network participants and token holders.

According to the official announcement, Coinbase will launch Grass (GRASS) on August 26, 2026.If liquidity conditions are met and trading is supported, the GRASS-USD trading pair will open later today.

OKX will open GRASS (Grass) deposits on April 24, 2026, at 19:00. Pre-orders can be placed between 21:00 and 22:00, and spot trading will start at 22:00. Withdrawal time will be on April 25, 2026, at 00:00.

ChainCatcher news, according to market news, the Solana decentralized physical infrastructure network (DePIN) project Grass is conducting a bridge financing round, raising funds of up to $10 million.Previously, the project had completed seed and Series A financing. Grass's Andrej Radonjic revealed that Polychain and Tribe Capital participated in this token purchase-focused bridge financing round. It is reported that by shifting from training computational cycles to inference, the Grass team aims to lay the groundwork in advance, with the ultimate goal of conducting "internet-level web crawling" operations, which will enable them to build real-time contextual retrieval capabilities.

ChainCatcher news, according to Onchain Lens monitoring, a giant whale deposited approximately 1.01 million USDC into HyperLiquid after three months of silence and opened a long position on the GRASS token with 5x leverage.

ChainCatcher message, according to Lookonchain monitoring, 8 hours ago, a certain whale spent 1.7 million USDC to purchase 786,170 GRASS.

ChainCatcher news, according to the official announcement, Bithumb will launch GRASS and XYO KRW trading pairs.

ChainCatcher news, according to official news, Binance has announced the start of the second round of voting for listing new coins. The coins participating in this event include:VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, PLUME.The voting period is from April 2, 2025, 21:30 (1 hour after the announcement) to April 10, 2025, 07:59. During the voting period, users must log in to a verified account and hold at least 0.01 BNB in their main account for the vote to be valid. Each user can vote for up to 5 projects, with a maximum of one vote per project.

ChainCatcher news, Binance Alpha announces the launch of GRASS, ATH, MEW, and BIGTIME.

ChainCatcher message, according to @ai_9684xtpa monitoring, the Grass team's associated address withdrew $6.27 million worth of GRASS from Bybit 11 hours ago.The tokens have now been transferred to the address HMy1Z...QxrzT, which previously received 10 million tokens distributed from the Grass team's multi-signature address before the TGE, and has been gradually deposited into the trading platform over the past 4 months.

ChainCatcher news, according to the official announcement, Coinbase International Exchange and Coinbase Advanced will launch perpetual contracts for REZ, GRASS, and RARE.The REZ-PERP, GRASS-PERP, and RARE-PERP markets will open on March 20, 2025, at 9:30 AM (UTC) or later.

ChainCatcher message, according to on-chain analyst A i姨 (@ai_9684xtpa) monitoring, the Grass team deposited 4.75 million GRASS tokens to Bybit exchange 8 hours ago, worth approximately 13.01 million USD, suspected of being sold off.

ChainCatcher news, according to Lookonchain monitoring, three whales are accumulating LDO, BNB, POPCAT, RAY, and GRASS.0x345f withdrew 5,550 BNB ($3.89 million) from Binance 5 hours ago and 1.22 million LDO ($2.21 million).7Vu4ar withdrew 3.3 million POPCAT ($2.53 million) from Bybit 8 hours ago.A3jiR5 withdrew 1.1 million GRASS ($2.74 million) from Bybit 9 hours ago and 740,000 RAY ($3.63 million) from Binance 5 hours ago.