Grass (GRASS)

Data Contribution and AI Development

Grass lets users share their unused internet bandwidth to help collect, clean, and structure web data. This data is used to train AI models, making Grass a key part of the AI ecosystem.

Earning and Rewards

Users earn GRASS tokens by contributing bandwidth or referring others. These tokens can be traded or used within the Grass network.

Decentralized Internet Resources

Grass creates a decentralized network where users control and monetize their internet resources, promoting fairness and privacy.

Gaming and Digital Economy

In some ecosystems, GRASS tokens unlock special features, rewards, and in-game content, supporting a digital economy.

Environmental Focus

Grass uses energy-efficient blockchain technology, aiming to reduce environmental impact compared to traditional cryptocurrencies.

Advantages

Grass offers fast transaction speeds, low fees, and a user-friendly platform. It supports a growing community and has strong partnerships that help increase its adoption. The token is designed to be energy-efficient and scalable, making it suitable for various applications.

Disadvantages

Grass may have limited liquidity compared to bigger tokens, which can affect trading ease. It is relatively new, so it might face challenges in gaining widespread trust and recognition. Also, its value can be more volatile due to market size and adoption levels.

Founders

Grass was founded by Andrej Radonjic, who is also the CEO. He leads a team with expertise in software engineering and DeFi protocol development. The project is developed by Wynd Network.

Investors in Grass

Grass has raised a total of $4.5 million in funding over 3 rounds from 12 investors. Some of the main investors include:

• Polychain Capital
• Hack VC (led the latest funding round)
• Tribe Capital
• Other investors such as Bitscale, Big Brain, Advisors Anonymous, Typhon V, Mozaik, and angel investors like Sami Kassab, Stephy Dunbar, and Kunal Goel.

These investors support Grass's mission to combine cryptocurrency with environmental sustainability and decentralized AI data solutions.

Halal Status of Grass

• Yes, Grass is considered halal by Islamic finance standards because it is a decentralized cryptocurrency network that does not involve interest (riba) or prohibited activities.
• It operates by allowing users to share unused internet bandwidth and earn rewards, which aligns with permissible business models under Shariah law.
• However, as with all cryptocurrencies, individual scholars may have varying opinions, so personal due diligence is recommended.

For more details, you can visit Sharlife's analysis on Grass.