In the wide landscape of passive income opportunities, the innovative app and browser extension Grass has recently garnered major attention, introducing a simple and highly effective method to earn money through your unused internet bandwidth.
But what exactly is the Grass browser extension? What does the Grass protocol have to do with cryptocurrencies, and does it truly live up to the hype?
Let's take a deeper look at the Grass protocol created by the Wynd Network , which, for a very good reason, recently received $3.5m in funding for its app.
What is Grass?
At its core, the Grass browser extension allows you to automatically rent your unused internet bandwidth to verified contractors, such as data scientists, who can make use of your internet traffic to extract data from various websites to train AI models.
What makes your internet bandwidth highly valuable to those contractors is that your devices are genuine and not detected as bots or spam by major internet platforms. Therefore, renting out your bandwidth solves an existential problem for data scientists, who are willing to pay you lucrative amounts of money.
The Grass Protocol acts as a decentralized web scraping network aiming to help companies and nonprofits scan the internet for data to train AI. The free Grass app connects users with data analysts with just a few clicks, allowing everyone with an unlimited WiFi plan to earn high-quality passive income.
In a world of automation, our residential devices are becoming valuable resources in the Big Data industry, that we can finally capitalize on with the help of Grass Protocol. The traffic coming directly from our devices, which have high legitimacy and pass bot detection, could become more valuable than the actual bill we pay for internet usage!
This concept of renting trustworthy bandwidth (residential proxies) was known long before the Grass Protocol.
With an easy and secure-to-use app, however, the Grass Protocol allows everyone to capitalize on this growing market for the first time in history; This comes in handy during a time when residential proxies are more valuable than ever, due to the high data demands of AI models.
Furthermore, by offering a decentralized, global network of thousands of bandwidth providers, the Grass browser extension can offer its users better payout rates than centralized, low-quality residential proxy networks. A win-win situation: high-quality proxies for analysts, and high payouts for users!
Earn with Grass Crypto App
To rent your unused internet bandwidth and start earning with the Grass extension, follow these simple steps:
Quickly register an account at Grass via email and password.
At your dashboard, click on 'Connect'.
Add the Grass browser extension to your browser.
Click on the puzzle icon at the top right of your browser, and open the Grass extension.
Log in with your previously created account.
Connect and let the extension run in the background.
After the initial setup, you do not have to do anything. You can simply let the Grass extension run forever without ever noticing slower internet speeds, as only spare bandwidth is being used.
How to farm Grass Points
Users of the Grass app and browser extension receive payouts in Grass Points, which can later be redeemed for PayPal, cryptocurrencies, or gift cards.
To earn passive income with the Grass Protocol, you simply need to set up the Grass app or browser extension and leave it running in the background. All Grass Points earned will automatically be assigned to your account, depending on your location and the amount of bandwidth sold.
Grass Payout Amount
In a now-deleted blog post, the Grass Protocol team estimated a conservative annual payout rate of $900 per user. This seems about right when comparing the payout rates for residential proxies from Western countries of competitors like PacketStream that often range between $0.1-0.3 per Gigabyte in shared traffic.
This would allow most users to easily pay off their entire internet bill by simply renting out their excessive bandwidth using the Grass app!
With a referral program in place and the ability to connect multiple devices and/or WiFi networks, users could even generate a stable passive income with the Grass Protocol, ranging from a few hundred to a few thousand dollars a year.
Grass Token Airdrop
The Grass Protocol has expressed plans for its native cryptocurrency, the Grass Token.
Grass Tokens are planned to be governance tokens that allow all users to vote on important decisions of the decentralized Grass Protocol. Furthermore, the team mentioned that Grass Protocol would share all generated protocol fees with token holders.
For now, though, the Grass Chrome extension and mobile app are in an early testing phase. At the end of the test phase, a rumored Grass Token Airdrop could allow for a claim of Grass Tokens based on Grass Points earned thus far.
With the potential for a first-of-its-kind airdrop in the multi-billion dollar Big Data industry, it's worth it to farm Grass Points and become an early part of the Grass Protocol to secure yourself a potential allocation of the Grass tokens as early as possible.
Is Grass Extension Secure?
As opposed to operating and selling a residential proxy yourself, using the Grass browser extension gives you the benefit of whitelisted and secure counterparties: everyone who wants to buy your bandwidth has to undergo a manual review with the Grass Protocol Team.
In practice, this means that when using the Grass extension to earn passive rewards, your traffic will only be offered to whitelisted contractors who are actively being monitored for not misusing your traffic for malicious activities.
We believe: The Grass Crypto App can be considered secure and trustworthy.
The following is an official statement of Wynd Network - the company behind Grass - on security with third-party contractors:
”Wynd can view all of their activity. Anything that buyers access with your unused bandwidth will be visible to the platform, and buyers will be immediately banned for activity that’s deemed sketchy or illegal.
Another stipulation of this agreement is that all buyers assume liability for anything they do [...]„ Source
Furthermore, the team behind Grass Protocol ensures high data privacy and security in numerous posts on Medium.
However, we'd like everyone to keep in mind that the company location of Wynd Network - the company behind the Grass Crypto App - is hard to identify, and likely does not seem to be in an area with high data privacy.