BYDFi New Listing GRASS Token for Spot Trading Marks a New Era

Wednesday, 6 November 2024, 10:26

BYDFi's new listing of GRASS Token for spot trading is a significant development. Grass, a decentralized data network, recently became one of the top Web3 projects, showcasing its potential in artificial intelligence and community engagement.
Finbold
BYDFi New Listing GRASS Token for Spot Trading Marks a New Era

Grass: The Rise of a Innovative Decentralized Data Network

Grass is a decentralized data network that enables users to gather and analyze web data in real-time, utilizing artificial intelligence (AI) to streamline data collection. The platform incentivizes community contributions through a reward mechanism, enhancing user engagement. Recently, Grass secured a position among the top 5 Web3 projects on the RootData rankings, as measured by user engagement metrics.

Funding Milestones

  • July 2023: Grass raised $1 million in a Pre-Seed round, with participation from notable investors.
  • December 2023: Grass secured $3.5 million in a Seed round, led by Polychain Capital and Tribe Capital.

GRASS Airdrop Campaign Sees High Participation

On October 28, Grass launched an airdrop initiative that garnered significant attention. By November 4, approximately 82.75% of the total tokens allocated for the airdrop were claimed by 1.8 million wallet addresses.

GRASS Market Overview

Currently, GRASS is priced at $1.62, with a market capitalization of approximately $394 million. The token ranks #173 on CoinGecko and has experienced a notable price increase of over 68% in the past week.

BYDFi Listing of GRASS Token

The listing of GRASS on BYDFi marks a significant milestone for the project, making the token accessible to a wider audience. In conjunction with this listing, BYDFi has introduced a promotion allowing users to earn GRASS tokens by completing specified tasks.

GRASS in the Web3 Sector

Grass is positioned as a competitive player within the Web3 data sector, with recent achievements highlighting its focus on community-driven data collection and incentive structures.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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