The network of the crypto Grass continues to grow: the innovations revolutionize the AI sector

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Grass is a project in the crypto world that is revolutionizing the AI sector and the way the entire digital financial ecosystem is conceived.

Thanks to the innovative fusion of blockchain technology and artificial intelligence, this platform aims to create a more efficient, secure, and accessible system for everyone. 

This article explores the foundations of Grass, its latest innovations, the growth of the network, and a detailed analysis of the cryptocurrency’s price during 2024.

Let’s see all the details below.

What is Grass? 

Grass is a crypto project that combines blockchain and AI to create a more efficient and secure financial ecosystem, based on data sharing.

The heart of the protocol is the machine learning algorithms used to optimize transactions and reduce the operational costs of the network.

Grass is designed to be highly scalable, allowing a high number of transactions per second without compromising network security.

The blockchain of Solana comes to the rescue in this regard, offering an operational base capable of processing over 4,500 transactions per second (tp/s).

The funzionamento di Grass is very simple: users share their excess bandwidth with the network, receiving in return an economic incentive.

In practice, they give up a portion of their network connection, which will be used to power companies and AI systems, and earn points that are then converted into tokens.

The concept of “data” is the beating heart of Grass, being an increasingly important resource within the logic of artificial intelligence.

The project sells its users’ data, extracted from public websites, to define new AI machine learning models.

Not by chance is it also called “Data layer AI,” as it supports a data network that opposes the dominance of big tech like Google and Microsoft:

grass ai cryptoSource: https://www.getgrass.io/

What is the purpose of its AI network?

Among the most famous use cases that Grass supports with its data network, we can primarily find automated investments, with the creation of trading bot that manage speculative positions efficiently.

Then we see a strong presence in the field of secure payments and microloans, with smart contracts facilitating the flow of liquidity from one entity to another.

Finally, even in the management of the supply chain Grass finds a utility that optimizes and monitors the supply chains, improving traceability and reducing costs.

Overall, its main goal remains to make the current crypto financial system as accessible and inclusive as possible.

The latest crypto innovations by Grass redefine the AI industry

In December, the Grass protocol, in collaboration with Ontocord and LAION, announced the release of the new product VALID (Video-Audio Large Interleaved Dataset).

Let’s talk about a multimodal dataset composed of about 30 million audio fragments, images, and text. VALID represents the first ever interlaced video-audio dataset, designed to enhance the training of AI models.

Inside it includes 720,000 Creative Commons licensed videos, providing a valuable resource for developers and researchers. 

The dataset also allows for a better understanding of the connections between images, audio, and text, facilitating the development of more sophisticated AI models.

The collaboration between Grass, Ontocord, and LAION demonstrates the importance of strategic partnerships in promoting technological innovation in the field of artificial intelligence.

With the release of VALID, Grass continues to consolidate its position as a leader in the DePin sector, offering new opportunities to its crypto community.

https://twitter.com/getgrass_io/status/1864746748662722632

The growth of the network in 2024

In 2024 the Grass network experienced exponential growth, elevating it as one of the most used crypto platforms in the AI world.

Since its launch in March 2024, the project has managed to attract public attention, gaining significant popularity traction.

It is estimated that in the first months the number of network users increased by 150%, reflecting the growing market involvement for AI innovations.

This growth has been fueled by several strategic partnerships with other tech companies and financial institutions. Grass has indeed collaborated with major crypto exchanges and infrastructure partners to best elevate its structure.

Furthermore, the project has launched educational initiatives to help people better understand cryptocurrencies and artificial intelligence.

Another key factor in the success of Grass has been the constant development and improvement of the protocol. The development team has implemented new features and updates to make the system more efficient and user-friendly, thus attracting a growing number of users.

As of today, according to the official Grass dashboards, we can count 4.36 billion rows of data collected from the network, with an average of 3,792 rows of data per day.

Overall, Frames (video frames) equal to 1.39 billion units have also been collected, indexing 4.3 billion URLs.

As part of an inclusive community-oriented network, since the TGE Grass has distributed an amount equal to 95.6 billion tokens.

The network has been present in 190 different nations, with a 109 million IP addresses involved in the practice of bandwidth sharing.

Source: https://www.grassfoundation.io/network/stats

Analysis of the crypto GRASS price: great performance since launch driven by AI enthusiasm

Speaking of Grass’s successes, we cannot fail to mention the excellent performance of the native crypto of the protocol after its TGE.

Just a week after its debut in the crypto markets, GRASS has grown by about 400%, rising from the initial 0.80 dollars to nearly 4 dollars.

Subsequently, the resource of the AI ecosystem saw its quotations drop slightly, with traders moving to profit-taking given the strong previous gains.

Towards the end of 2024, however, GRASS has regained ground by creating a lateral price structure after the strong initial pump.

As of today, the currency is priced at 2.67 dollars, with a market capitalization of 632 million dollars and an FDV of 2.6 billion dollars.

For the price action of 2025, we should focus on the range that goes from 2 to 4 dollars. If GRASS manages to quickly overcome the obstacle of 4 dollars, we could easily expect a bull leg up towards new horizons.

On the contrary, if the crypto breaks the main support to the downside, we might say goodbye to the short-term bullish dreams.

In any case, given the great appeal of the crypto world for the AI niche, it is likely that in 2025 GRASS will also be part of a narrative that will attract new investment capital.

crypto price chart at grassSource: https://it.tradingview.com/chart/1hwwyywT/?symbol=BYBIT%3AGRASSUSDT
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