Can my electricity bill be reimbursed if I check the Airdrop on Grass online?

Original | Odaily Planet Daily (@OdailyChina)

Author | Asher (**@Asher_ 0210)*

Early this morning, Grass (commonly known as Xiaocao in the community) posted on X platform to announce that the TokenAirdrop query is now live (click here to go to the Airdrop query link). The query page only reflects the distribution for the test Alpha season and the 1st-7th seasons, excluding ongoing reward seasons and pending distributions. The total supply of GRASS Tokens is 10 billion, with 10% allocated for the first Airdrop. The detailed Airdrop distribution is as follows:

• Test Alpha season: 1.5%;
• Season 1-7: 7%;
• Reward Season (Current): 0.5%;
• To be announced: 1%.

“Xiaocao” is also a project with a high degree of airdrop popularity during this time, so as soon as the Token query news came out, the major “hair” communities suddenly became lively, and the users who participated in the interaction went to inquire about the number of tokens obtained, but then all kinds of grievances spread on social media:

• “5.8 GRASS I’m not mistaken, proper counter-masturbation, is there anyone less than me?”
• “I created a bunch of accounts in bulk, but how come I only got a few dozen coins for one hundred million points? How is it calculated?”
• “Started promoting from the first season, invited a total of 101 fren to participate, the computer was down for nearly a year, often using VPN during that time, only one account, a total of over 7 million points, but only Airdroped 63 GRASS, not even enough for electricity bills, it’s really unbelievable.”
• “Xiaocao successfully reverses, I’m an Internet beggar, I’m a clown.”
• ……

A community member’s query screenshot

It can be said that currently on social media, whether it is individuals who make single orders or studios that do batch scraping, almost everyone is complaining about the small quantity of tokens airdropped by Little Grass, filled with grievances. Below, Odaily Planet Daily will briefly introduce the Grass project, off-market price situation, and other information.

Introduction to the Grass Project

Image source: Official Twitter

Grass is the first project deployed on Solana that combines AI, Depin, and Solana technologies, positioning itself as the Data Layer for AI. As a decentralized network, Grass aims to provide the data required for AI model training by accessing the public network. This makes Grass an important component of the AI Data Layer, laying the foundation for its position in the field of AI as it expands into the process of cleaning and preparing structured datasets.

According to ROOTDATA data, currently, Grass has completed a second round of financing with a total amount of 4.5 million US dollars, respectively:

• In July 2023, Grass announced the completion of a $1 million Pre-Seed round of financing, with participation from No Limit Holdings, Big Brain Holdings, Builder Capital, Cogitent Ventures, Kyle Samani, Neel Somani, Rahim Noorani, etc.
• In December 2023, Grass announced the completion of a $3.5 million seed round financing, led by Polychain Capital and Tribe Capital, with participation from Bitscale, Big Brain, Advisors Anonymous, Typhon V, and Mozaik.

Over-the-Counter Price

Currently, Grass TokenOver-the-counter Trading is not available on well-known Over-the-counter Trading platforms AEVO and Whales Market. Whales Market only previously launched the Over-the-counter Trading market for Grass points. With the release of TokenAirdrop news, its OTC price has dropped significantly, now trading at 0.00015 USD per point, with a nearly 40% decline in the past 24 hours.

Grass OTC trading price K-line

Currently, there is OTC trading organized by the community with buying interest at $0.2-$0.25, but according to community feedback, sellers seem unwilling to engage in Over-the-counter Trading at such low prices, with some sellers wanting to sell at around $0.5.

Certain community off-site OTC price list

Therefore, if sold at 0.5 dollars each, the majority of users’ Airdrop quantities fall within the range of 10-100, yielding approximately 5-50 dollars in Airdrop rewards, a solid ‘pork trotter meal’.

It is worth mentioning that GigaBuds, the Non-fungible Token project launched by Grass Stealth Launch, did not fall after the TokenAirdrop query release, but experienced a slight pump, currently trading at 2.472 SOL, with a 24-hour increase of 12.18%. Out of the 10% of Tokens in the Airdrop, 1% is currently listed as ‘to be announced’ by the official, so the rise in GigaBuds price instead of falling may be due to the anticipation of this 1% being given to Non-fungible Token holders.

GigaBuds Non-fungible Token K-line chart