GRASS Airdrop: How to Participate and Eligible Conditions
2024-10-26Bittime - GRASS is a project that focuses on developing AI by utilizing node web scraping technology on layer 2 of the Solana blockchain.
As a new project, GRASS certainly needs a lot of participants to launch their program, so they open up airdrop opportunities.
For those of you who are interested in the GRASS airdrop, here is complete information.
Understanding What the GRASS Project is
Grass is committed to making the internet more profitable for everyone—both companies and you as a user.
The way to do this is by allowing verified businesses and research institutions to reward you directly for the bandwidth you provide, helping them improve their products and services.
Privacy is maintained, because your personal data will never be shared.
Read Also: How to Claim Airdrop Grass: Simple Steps to Get Free Crypto
Another thing that makes Grass special is that network ownership is in the hands of users like you, not technology giants.
The Grass Network allows companies to reward you for the bandwidth you provide for various tasks, such as checking local prices, viewing regional ads, or academic research.
Unlike automated software that shares bandwidth, Grass gives you complete control to pause whenever you want.
Tokenomics GRASS
Before we get to the core discussion of the GRASS airdrop, let's understand the GRASS tokenomics first.
The total supply of GRASS tokens is 1,000,000,000 or one billion token GRASS.
The distribution of GRASS tokens includes the following:
1. Community (30%)
The largest allocation was given to the community, including incentives for the future (17%), Airdrop One (10%), and incentives for routers (3%).
This allocation amount shows GRASS's commitment to strengthening user and community involvement by providing various incentives and airdrop programs.
2. Investors (25.2%)
Most of the other allocations are for investors. This shows the important role of external funding in the development and expansion of the GRASS project.
Read Also: First GRASS Airdrop Starting on October 28, 2024
3. Foundation & Growth Ecosystem (22.8%)
A percentage of the token is dedicated to supporting the foundation as well as the growth of the ecosystem, which will help develop infrastructure, technology and community in the long term.
4. Contributors (22%)
A 22% allocation is given to contributors, which includes developers and individuals who played a key role in building the project.
Armed with a token allocation focused on community, contributors, and ecosystem growth, GRASS tokenomics is designed to support long-term development and broad engagement within its ecosystem.
GRASS Token Distribution on GRASS Airdrop
Airdrop Grass will distribute 100,000,000 GRASS (10% of total supply) to early adopters and community members with the following details:
- 9% for users who have collected Grass Points during Level 1 (Network Snapshot),
- 0.5% for GigaBuds NFT holders
- 0,5% for users who install Node Desktop or Saga Application.
Network Snapshot includes all users who have accumulated more than 500 Grass Points in a certain time period.
How to Participate in GRASS Airdrop
GRASS airdrops will be calculated based on GRASS points earned. There are two ways to get GRASS points, namely by being active in GRASS and through referrals.
But to be able to follow airdrop GRASS, the first time you need to connect the wallet first.
GRASS Points from Activeness
Earn points by actively using Grass and keeping your network connection connected.
GRASS Points from Referrals
When searching for GRASS points through a referral scheme, there are three types of referrals that you can get, including:
1. Key References: After downloading Grass, you will receive a referral link to invite other users. Every time there is a successful download via your link, your Grass Points will increase by 20% of the active time points of the user you invited, without limit.
2. Secondary References: If the person you invite re-invites another user, you will get an additional 10% of that user's active time points, also without limit.
3. Tertiary Reference: If a user at the second level in your referral network shares their invitation, your points will increase by 5% of the active time points of the user at the third level, without limit.
GRASS Airdrop System
In the implementation process, there are two systems implemented, namely the TIER system and the EPOCH system.
Tier System
In the Tiered System, the number of points you collect depends on the number of references you have.
Upgrade from Iron to Titan to get more bonuses and rewards.
Read Also: Final Qualification Page for Airdrop Grass
Epoch System
Epochs are different time periods for collecting points, which you can see in the dashboard snapshot.
The epoch system from GRASS will visualize your monthly point accumulation.
While your total number of points will remain the same for the beta, the dashboard will display how many points you earn each month.
GRASS Airdrop Eligible Requirement
Grass will distribute 100 million GRASS tokens to users who took part in the airdrop campaign.
Users who register and collect Grass points are eligible to receive airdrops.
The airdrop distribution will be allocated with a scheme of 9% for users who earn Grass points, 0.5% for GigaBuds NFT holders, and 0.5% for users who install the Node Desktop or Saga Application.
That's the information about the GRASS airdrop, how to take part and the eligibility requirements for the GRASS airdrop. Hope it is useful.
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