Grass - #41

L2 Data Rollup - On Solana

1. Project Overview:

Grass is the world's first Layer 2 Data Rollup.

It harnesses the bandwidth of over 2 million users to supercharge AI training, powered by the Solana blockchain.

With over 4x growth YTD and a possible token launch on the horizon, Grass is poised to become the data backbone for AI.

Source: Grass

(i) Grass - Key Insights:

1. Power of ZK Processors: Grass uses ZK Processors to handle tens of millions of web requests per minute, ensuring data verification.

2. Top-Tier Backing: Grass secured $3.5 million in funding led by Polychain, a leading web3 investment firm.

3. Rapid Growth: Grass boasts over 2 million users as of April 2024, marking a 4x increase in 2024 alone.

4. Upcoming Platforms: Launching mobile apps on Android and iOS soon, potentially reaching 7 billion mobile users.

5. Potential Token: High interest in Grass Points, fueled by expectations of future token conversion.

(ii) Report Summary:

Discover breakthroughs with our deep dive reports, using a 10-step approach for actionable and educational insights.