Grass

Grass is a decentralized infrastructure network that sits within the AI and DePIN (Decentralized Physical Infrastructure Network) classification on the Solana blockchain. It aims to let ordinary internet users contribute their unused bandwidth, which is then aggregated and sold to AI developers and researchers who need large volumes of web data for training and other purposes. The GRASS token is the native asset of this network, intended to reward participants who share their bandwidth.

Participants install a lightweight client that routes data requests through their internet connection, effectively turning idle bandwidth into a resource the network can supply to data consumers. The protocol lives on Solana, inheriting that chain's settlement and execution environment, though no consensus algorithm specific to Grass itself is recorded in the data. The GRASS token functions as the medium through which contributors are compensated and through which data buyers interact with the network.

The data stored for Grass does not include a recorded fee stream, so fee-based measures such as revenue or protocol earnings are not available on this site. What is recorded is that 65.46 percent of the maximum supply of one billion tokens is currently in circulation at point-in-time, leaving roughly 52.78 percent of total supply still to be issued, which represents a meaningful dilution overhang. The fully diluted valuation stands at approximately 1.53 times the current market capitalisation at point-in-time, reflecting that gap between circulating and maximum supply. Without a documented fee mechanism in the data, the economic model as it pertains to protocol revenue cannot be described here.