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Home AI News Grass Sets Stage 1 Reward Deadline for October 1 Ahead of Token Generation Event
AI News

Grass Sets Stage 1 Reward Deadline for October 1 Ahead of Token Generation Event

  • by Jayshree
  • 2024-09-24
  • 0 Comments
  • 2 minutes read
  • 2220 Views
  • 2 years ago
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Grass Sets Stage 1 Reward Deadline

Grass Sets Stage 1 Reward Deadline for October 1 Ahead of Token Generation Event

Grass, a decentralized artificial intelligence (AI) network, has announced that the Stage 1 reward deadline is set for October 1, 2024, at 12:00 UTC, according to an update on the project’s official website. This announcement comes as Grass gears up for its upcoming Token Generation Event (TGE) and introduces an airdrop eligibility checker for participants.

The total supply of GRASS tokens is 1 billion, with 10% allocated for the initial airdrop, divided across various phases of the project’s development. As part of Stage 1, users can claim rewards before the deadline as Grass continues to build momentum toward its TGE.

Grass Sets Stage 1 Reward Deadline

Stage 1 Reward Deadline Set for October 1

The Stage 1 rewards represent a critical milestone in Grass’ roadmap, with the October 1 deadline marking the close of the project’s early-stage reward distribution. Participants who are eligible for the rewards must submit their claims before 12:00 UTC on that date.

Grass has also launched an airdrop eligibility checker to help users determine their eligibility for the rewards. The tool ensures that participants can confirm their status ahead of the deadline and participate in the upcoming airdrop.

GRASS Token Distribution and Airdrop Details

The total supply of GRASS tokens is capped at 1 billion, with 10% reserved for the initial airdrop. This airdrop is designed to reward early participants in the Grass network, including those who contributed during the alpha phase and the subsequent epochs.

  • 1.5% of the total supply is allocated to the close alpha phase participants.
  • 7% is designated for contributors across epochs 1-7.
  • 0.5% is set aside for the bonus epoch, rewarding users who played a critical role in the network’s early development.

This reward structure aims to incentivize early adopters and developers as Grass prepares for its Token Generation Event.

Preparing for the Token Generation Event (TGE)

As the Stage 1 reward deadline approaches, Grass is gearing up for its much-anticipated Token Generation Event (TGE). The TGE will mark the formal launch of the GRASS token, opening up the opportunity for further participation and investment in the decentralized AI network.

The TGE is a significant event in the Grass ecosystem, attracting attention from both early adopters and new users who are eager to engage with the network’s innovative approach to decentralized AI. The GRASS token will serve as the foundation for transactions and governance within the network, facilitating AI-driven solutions across a variety of sectors.

Conclusion: Grass Sets the Stage for TGE with October 1 Reward Deadline

With the Stage 1 reward deadline set for October 1, 2024, at 12:00 UTC, Grass is moving forward with its Token Generation Event and airdrop distribution. The GRASS token supply, coupled with the innovative approach of the decentralized AI network, positions Grass as a key player in the evolving landscape of decentralized technologies. As the project continues to progress, the upcoming TGE will be a major milestone in Grass’ development.

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To stay updated on the latest token launches and developments in decentralized AI, explore our article on the latest news, where we provide key insights into emerging technologies and market trends.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Jayshree

editor
Jayshree covers foreign exchange and global macroeconomics for Bitcoin World, with daily reporting on major and minor currency pairs, central-bank decisions, and the economic data that moves them. She tracks ECB, Fed, and BoJ policy paths, the US Dollar Index, and cross-asset moves between FX, equities, and rates. Her work draws on bank research notes and high-frequency economic releases, and is read by traders looking for actionable views on the dollar, euro, pound, yen, and emerging-market currencies. She joined the Bitcoin World desk in 2024.
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