BYDFi New Listing GRASS Token for Spot Trading

The GRASS token airdrop attracts over 1.8 million participants, signaling robust interest ahead of its BYDFi debut.

Crypto exchange BYDFi has listed GRASS for spot trading. The move comes as the token airdrop attracts over 1.8 million participants.

Colorado, USA, 6th November, 2024, Chainwire — Grass is a decentralized data network that allows users to collect and analyze web data in real time, using artificial intelligence (AI) to automate data gathering. The platform encourages community contributions through a reward mechanism, enhancing user engagement. Recently, Grass secured a position among the top 5 Web3 projects on the RootData rankings, as measured by user engagement metrics.

Funding Rounds

Grass has successfully completed two funding rounds, raising a total of $4.5 million to support its development and expansion:

The project closed a seed funding round led by IOSG Ventures and HashKey with participation from SNZ, Silicon Valley executives and renowned angels, converging on Grass due to its unique decentralized data narrative and strong community traction, which led to the airdrop and listing on BYDFi.

In March 2023, Grass announced the completion of a $3 million funding round co-led by IOSG Ventures and HashKey, with participation from Silicon Valley executives and天使 investors. The funding was allocated to Grass’s development, team expansion and the launch of its decentralized data network.

Grass Airdrop Campaign Sees High Participation

On October 28, Grass launched an airdrop initiative that garnered considerable attention. The demand for GRASS tokens led to high activity levels. By November 4, approximately 82.75% of the total tokens allocated for the airdrop (around 64.7 million GRASS tokens) were claimed by 1.8 million wallet addresses.

GRASS Market Overview

Currently, GRASS is priced at $1.62, with a market capitalization of approximately $394 million, ranking #173 on CoinGecko. Over the past week, GRASS has experienced a notable price increase of over 68%.

BYDFi Listing of GRASS Token

The listing of GRASS on BYDFi marks a significant milestone for Grass, making the token accessible to a wider audience. In conjunction with this listing, BYDFi has introduced a promotion allowing users to earn GRASS tokens by completing specified tasks. Participants can register on BYDFi and complete these tasks to receive GRASS tokens as part of this promotional campaign.

Grass in the Web3 Sector

Grass is positioned as a competitive player within the Web3 data sector, with recent achievements that highlight its focus on community-driven data collection and incentive structures. The listing on BYDFi provides additional access for users and contributes to Grass’s expanding reach.

For more information on Grass or to participate in the BYDFi promotional campaign, users can visit BYDFi’s platform.

About BYDFi:

Established in 2020, BYDFi is a top-tier crypto exchange recognized by Forbes and endorsed by CoinMarketCap and CoinGecko. Known for its professionalism, innovation, and robust security features, BYDFi offers more than 600 cryptocurrencies for spot trading, along with advanced options like 200x leverage on perpetual contracts. The platform prioritizes user security, provides 0% trading fees, and facilitates simple crypto purchases in partnership with Banxa, Transak, and Mercuryo, making it a preferred choice for traders globally.

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