Grass has just announced that the long-awaited Airdrop One event will take place at 20:30 on October 28, 2024 according to Vietnam time.
This Airdrop event is considered one of the largest distributions to date, marking an important milestone in the development of the user-owned Internet map.
This Airdrop will release 100 million GRASS tokens, accounting for 10% of the total supply. Of this, 9% will be allocated to users who have accumulated points during the early stage of the network, and the remaining 1% will be reserved for GigaBuds NFT holders and those who have installed the Desktop Node and Saga Application.
These tokens will provide a range of privileges, including the ability to buy back tokens, free transactions on the network, and staking opportunities within the Grass ecosystem. However, the tokens cannot be used for these purposes if they are locked for staking. Additionally, they will allow users to profit from their contributions and grant governance rights, enabling them to participate in voting on the network's development direction.
To be eligible for the Grass Airdrop One, users must accumulate more than 500 Grass Points at any point on the network and connect their wallet to the Grass dashboard before 3:00 am on October 15, 2024 according to Vietnam time. Although the Airdrop claim is not yet active, the excitement in the participating community is growing for the official distribution.
Grass has grown into a major company in the blockchain industry, with over 2 million users worldwide. They collect unused Internet bandwidth from users and exchange it for tokens by allowing the Grass app to run in the background. Companies use this bandwidth to check local product prices and display targeted advertisements.
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Itadori
According to Coincu
