Grass

What Grass does

Grass (operated by Grass OpCo Ltd., headquartered in Dublin, Ireland) operates a Decentralized Physical Infrastructure Network (DePIN) that aggregates unused residential internet bandwidth from millions of consumer-installed app users and resells access to that distributed IP pool to verified institutions — primarily AI companies and data firms — for public web data scraping, ad verification, market research, and AI training dataset creation. The core product is a lightweight background application (available on iOS, Android, and desktop) that routes institutional traffic through participating residential IP addresses while tracking user contributions via a Grass Points system (Uptime Points for connectivity and referrals; Network Points for active bandwidth utilization). The platform is built on the Solana blockchain and uses a native Grass Token, distributed via periodic airdrops determined by the Grass Foundation; the first airdrop on October 28, 2024 distributed 100,000,000 tokens to more than 2,000,000 users, and Grass reports being trusted by over 8.5 million users worldwide.

The company monetizes through usage-based B2B bandwidth sales to verified institutional buyers (AI/data companies, research organizations, and enterprise data buyers for ad verification and brand protection), with consumer-side access kept free and rewarded via tokens and points rather than fees. Grass is pursuing consumer fintech expansion via a non-custodial wallet (scheduled mid-July 2026, integrated with MoonPay for fiat off-ramps to debit cards, Venmo, and PayPal) and is expanding geographic cashout availability to the US and Canada. The platform carries AMTSO membership, AppEsteem certification, and recognition by leading antivirus providers as trust/compliance differentiators, and is backed by top-tier crypto-native VCs including Polychain Capital, Tribe Capital, Hack VC (Series A lead), Delphi Digital, Brevan Howard Digital, and Lattice, with cumulative disclosed funding of approximately $14.5M+ across seed, Series A, and a 2025 follow-on round.

Name

Grass

Legal name

Grass OpCo Ltd.

Website

https://getgrass.io

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Grass operates a Solana-based DePIN residential proxy network that aggregates unused consumer bandwidth from 8.5M+ users and sells programmatic access to that distributed IP pool to AI companies, data firms, and enterprises for public web scraping, ad verification, and AI training data collection, monetizing via usage-based B2B fees.

Ownership category

akta.pro rank

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Bandwidth Data Sales to AI/ML Companies: Grass monetizes its decentralized residential proxy network by allowing verified institutions (AI companies, data companies) to access residential IP bandwidth for web data scraping and verification. Institutions pay for access to the decentralized network of millions of residential IPs to collect public web data for AI training datasets.
2. User Token Rewards (Community Incentives): Grass distributes Grass Tokens to users who share unused bandwidth. Tokens are awarded via airdrop at intervals determined by the Grass Foundation. The first airdrop occurred on October 28, 2024, distributing 100,000,000 tokens to over 2,000,000 users. Users in the US and Canada will receive payouts soon. Token value accrues to users rather than being direct revenue to the company.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Grass operates a decentralized residential proxy network (DePIN) that allows individual users to share their unused internet bandwidth in exchange for Grass Points and Grass Token rewards. Verified institutions access this aggregated pool of residential IP addresses programmatically for web data scraping, ad verification, market research, and AI dataset creation. The platform runs as background software on user devices and is built on the Solana blockchain.

Product overview

Grass is a decentralized network platform that enables users to monetize their unused internet bandwidth in exchange for rewards. The offering consists of the Grass Application (a downloadable app that runs in the background to share idle bandwidth), the Grass Token (the native cryptocurrency reward mechanism distributed via airdrops), and an integrated Non-Custodial Wallet feature for holding and managing digital assets. Users earn Grass Points (Uptime Points for staying connected and Network Points for active bandwidth usage) which factor into token distribution calculations.

Differentiator

Problem solved

Functional benefit

Products and services

• Grass Application A downloadable network application for individual consumer users that shares their unused residential internet bandwidth with the Grass network in exchange for Grass Points and Grass Token rewards; designed to run in the background with a three-click setup and no additional hardware.
• Grass Token (GRASS) The native cryptocurrency token of the Grass network awarded to users who share unused internet bandwidth, reflecting participation and contribution to building the network and giving users ownership in the infrastructure they help power.
• Decentralized Residential Proxy Network (Institutional Bandwidth Access) A programmatic service for verified institutions (AI companies, data companies, research organizations) providing access to Grass's decentralized network of millions of residential IP addresses for web data scraping, AI dataset creation, and residential IP-based data verification.

Quantifiable outcome

• Trusted by over 8.5M users worldwide
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• MoonPaycoreTechnology or Integration · 25 June 2026MoonPay is integrated as the payment processor enabling Grass users to withdraw their digital assets to debit card accounts, Venmo, or PayPal from within the Grass non-custodial wallet.
• SolanacoreTechnology or Integration · 25 February 2025Grass is built on the Solana blockchain. Grayscale Research identified Solana as the leading blockchain for DePIN networks, and Grass is one of the key DePIN projects on Solana alongside Helium, Render, Akash, and Bittensor.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Helium: Helium is a DePIN network that crowdsources wireless coverage from individuals in exchange for token rewards. Like Grass, it operates on Solana, monetizes unused consumer infrastructure (wireless spectrum vs. bandwidth), and uses token airdrops to bootstrap supply — making it the most directly comparable DePIN model in market structure and token economics.
• Render Network: Render is a DePIN network that aggregates spare GPU capacity from individuals and rents it to institutions (3D/AI rendering). It shares Grass's Solana-based DePIN economics, B2B usage-based revenue model, and reliance on token rewards to incentivize consumer supply — a closely analogous marketplace structure.
• Akash Network: Akash is a DePIN decentralized cloud compute marketplace connecting supply (idle servers) with institutional buyers. It is comparable to Grass as a peer DePIN infrastructure project serving AI/compute buyers via token-incentivized consumer supply, profiled alongside Grass by Grayscale Research.

Broad incumbents

• Bright Data: Bright Data is the largest centralized residential proxy provider, offering a comparable web-scraping data product to Grass's B2B customers. While not DePIN, it directly competes for institutional buyers of residential IP bandwidth and represents the incumbent standard Grass must displace on enterprise relationships, SLAs, and pricing.
• Oxylabs: Oxylabs is a major centralized residential and datacenter proxy provider serving enterprise data buyers for AI training, market intelligence, and ad verification. It competes head-to-head with Grass for the same institutional customers and represents the established alternative to Grass's decentralized model.
• Smartproxy: Smartproxy is a centralized residential proxy provider competing in the same web-scraping and data-collection market Grass serves on the B2B side. It is relevant as another incumbent proxy alternative that AI/data buyers can choose over Grass's decentralized network.

Emerging players

• io.net: io.net is a DePIN network aggregating distributed GPU capacity for AI/ML training workloads. It is comparable to Grass as a Solana-adjacent DePIN project monetizing consumer hardware for institutional AI buyers, though focused on compute rather than bandwidth.
• Bittensor: Bittensor is a DePIN network that decentralizes AI model training and inference through token-incentivized contributors. It is comparable to Grass as a peer in the AI-DePIN category profiled by Grayscale, with a similar token-rewards-for-supply mechanism, though focused on intelligence rather than bandwidth.
• Aethir: Aethir is a DePIN network aggregating distributed GPUs for AI inference and cloud gaming, recognized by KuCoin as a top AI DePIN project alongside Grass. It shares the consumer-supplies-infrastructure / institutional-buys-capacity model that defines Grass's value proposition.
• Livepeer: Livepeer is a DePIN video transcoding network that crowdsources compute from individuals and sells to video platforms. It is comparable to Grass as an early DePIN marketplace using token rewards to monetize idle consumer hardware for institutional buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/getgrass_io
• LinkedInlinkedin.com/company/getgrass

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grass