Five Altcoins Exit VC Vesting; APT, SQD, GRASS Set for Final
Render, CRV, Pendle, CFX and COW already crossed the line, while APT, SQD and GRASS sit weeks away from the final investor unlock that often redraws supply.
Grass is the native token of a decentralized physical infrastructure network (DePIN) built within the Solana ecosystem. The project creates a distributed network in which participants contribute their unused internet bandwidth, which is then aggregated to collect public web data used in assembling artificial intelligence training datasets. By turning idle residential connections into a shared resource for scraping and processing online information, the network offers a decentralized alternative to centralized data collection methods commonly used to train AI models. GRASS functions as the network's utility and coordination token. It is used to reward users who share bandwidth, to support staking activities that help secure the network, and to enable governance participation so that holders can weigh in on protocol decisions. The project sits at the intersection of several themes in the broader crypto landscape, combining AI infrastructure, decentralized physical infrastructure, and Solana-based deployment, and is associated with the Polychain Capital portfolio and a Binance Alpha Spotlight selection.
Render, CRV, Pendle, CFX and COW already crossed the line, while APT, SQD and GRASS sit weeks away from the final investor unlock that often redraws supply.
The week's cliff already prices in, but the $55M BEAT release is wide enough relative to the token's float that traders will be watching the unlock-to-circulating ratio more than the headline number.
The macro calendar carries the week: PCE, jobless claims and two housing prints arrive Thursday morning, with prediction markets already pricing in a hold at June's FOMC and Kevin Warsh's first full…
Grass is a decentralized physical infrastructure network (DePIN) that allows users to share their unused internet bandwidth in exchange for token rewards.
Grass (GRASS) is categorised as: Artificial Intelligence (AI), Solana Ecosystem, DePIN.
The official Grass site is https://grass.io/.
Most recent Grass coverage: "Five Altcoins Exit VC Vesting; APT, SQD, GRASS Set for Final" — read at /en-US/a/five-altcoins-exit-vc-vesting-apt-sqd-grass-set-for-final.