How Grass (GRASS) helps users monetize their home internet connection

With decentralized services, users can share their computing power or unused PC memory and receive cryptocurrency in return. The developers of Grass went even further and presented a way to monetize unused Internet traffic.

What is Grass?

Grass is a decentralized platform through which individuals and companies exchange unused internet traffic. Here's how it works:

1. The channel a user uses to access the Internet can be thought of as a tunnel. Like any channel, this tunnel has bandwidth. Imagine that the tunnel has 8 lanes, but most of the time, only two are busy, and the rest are idle.
2. The Grass platform can be thought of as a digital toll terminal that gives verified users access to the unoccupied lanes and rewards the tunnel owner.

In this way, any user can monetize unused traffic, which is often idle, by giving trusted companies access to it. At the same time, the users' personal data remain untouched, and neither the Grass platform nor the companies using the traffic have access to them.

The platform is a convenient plugin installed directly in Chrome or any other supported browser in just a few clicks. Users can also install the desktop version of the application, which is available on Windows, MacOS, and Linux platforms. It takes three simple steps to start using the Grass platform and earn revenue by providing unused traffic:

1. Download the app or install the plugin in your browser.
2. Create an account with Grass and log in.
3. Continue to use the app/plugin in the background to generate revenue.

According to the official website of Grass, the platform's network is already used by millions of people around the world. According to the team, the Grass network provides users with unused internet bandwidth and is recognized as safe by leading antivirus software vendors.

Advantages and disadvantages of Grass

Grass, unlike existing software that can automatically use unused Internet bandwidth for its own needs without any compensation, gives the users full control over data exchange. In other words, users decide when to provide bandwidth and when to cut it off.

Companies can use the bandwidth for advertising, collecting information about products and services in different regions, and other purposes.

At the same time, the Grass platform provides security for all parties: users and companies. The Grass platform is based on the so-called ZK-Processor, which is based on Zero Knowledge Proof. This approach increases the system's privacy and security and means that Grass network users can exchange data without revealing private information.

However, the crypto-enthusiast community has also noted some shortcomings of the project. For example, the team allocated 100 million GRASS tokens for the airdrop, which amounted to only 10% of the total issue. Because of this, the Grass project was criticized by the crypto community.

In addition, due to the influx of Grass users, Phantom, the most popular wallet in the Solana ecosystem, became unstable, leaving many users unable to make transactions with GRASS tokens for long periods. Users also note the project's lack of support and feedback.

Grass token

GRASS is a native token of the same name on the platform issued on the Solana blockchain in SPL format. Users are rewarded in Grass tokens for sharing unused internet traffic with companies.

Users can store GRASS tokens in their crypto wallets for investment profit or sell them on any supported crypto exchange, such as ByBit, Bitget, KuCoin, or the decentralized exchange Raydium.

Grass held three phases during which users could earn points for providing traffic even before the token's official launch, which took place at the end of October 2024. Along with the token launch, the Grass team held a token airdrop among users who used the app and earned points. On the same day, a listing on the exchanges was also conducted.

At the time of listing, the value of the Grass token was $0.61, and it almost immediately began to grow. As of the end of December 2024, the price of GRASS has grown more than 3.5 times to $2.3 with a market capitalization of $570 million — by this indicator, the altcoin ranks 144th in the overall ranking of cryptocurrencies. The Grass token's historical high (ATH) was recorded at $3.83 in mid-December 2024.

Conclusion

Grass has introduced an innovative concept that benefits both regular users, who can now monetize unused internet traffic, and companies, which gain flexible access to the increased bandwidth required to provide quality products and services.

This provides real value to GRASS native tokens and may positively influence their future prospects, including those related to the altcoin's investment potential.