Remember everyone whining and crying about the 10% Airdrop 1 from $GRASS
Then you see Scroll with a 2.5% airdrop 5.5% launchpad, Swell with an 8.5% airdrop
Seems generous now huh? People complain because they are stupid, don't be stupid
On the seminar Andrej just leaked a huge utility for the Grass token on top of the already known staking:
Companies will be able to buy Grass Token and use that to pay for LCR queries. This will be huge buy pressure over time, similar to BNB for fees.
Grass is about to bring in a new wave of normie crypto users.
I see no reason why user count can't get into the tens of millions over the next year.
Unironically this is bullish
@GigaBuds_
only 10k NFTs and millions of users...
When AI gives bad advice, it can have real consequences.
Grass is improving the way AI interacts with information by providing tools that enable access to accurate, verifiable web data. Join millions of users and download Grass today.
gm (grass morning)
interesting morning so far, some sleuths in the discord think they've found the Grass token contract
everyone is frantically investigating
There's also this
Which seems to indicate that this token is a partnered listing on Jupiter?
If someone more familiar with Jupiter listings can opine that would be awesome to get more color
Contract in question is linked below which has been minted with a 1B supply before we knew the total supply, so it's somewhat compelling. Also has a cool vanity address with Grass at the beginning
Grasstober Musings
Ideally I'd like them to launch in like 1.5-2 weeks, seems like enough time for this war stuff to resolve and the market to rally back upwards.
Then ideally, crypto just rips into the the last few months of 2024 after election uncertainty passes + more easing
Grass team seems to have gotten a bit more blatant with the Gigabuds Airdrop rumors.
The wording delivered by Drej in his seminar was shifted from:
No utility, just $GRASS.
to
Buds have no utility, Buds is $GRASS.
Alright, I've just listened to this and there are three things of note.
1. LCR calls using FIAT are used to buyback the token.
2. LCR calls using the token = burn.
3. Grass is releasing a hardware device, which is another previously unknown revenue source for their business.
Potential Gigabuds Utility Thread
1. Grass Airdrop: It's been predicted by myself and others that the mystery 1% allocation not defined in the release of the first airdrop will go to the Gigabuds. The Gigabuds are a strong community that Grass has been building for a long time.
Android App coming Q4, should aid in distribution immensely.
Also mentions of the hardware device and potential Roku TV, Playstation and XBOX applications
Seems like the possibilities for distribution are more or less endless. I look forward to ripping $GRASS on my vape soon😀
Top 20 Solana NFT collections sorted by Market Cap.
Only one of these twenty collections has a multi-billion FDV AI/DePIN company attached to it.
Idk, maybe reprice it higher lol?
$GRASS does not have the typical DePIN token emission structure, their circulating supply increases when key network milestones are hit and otherwise decreases through buyback/burn/distribute functions from users of the network
Alright, I've just listened to this and there are three things of note.
1. LCR calls using FIAT are used to buyback the token.
2. LCR calls using the token = burn.
3. Grass is releasing a hardware device, which is another previously unknown revenue source for their business.
Let me get this straight, the leading $TAO subnet for multimodal data collection has collected in it's LIFETIME, about 1/40th of 1% of Grass's daily capacity.
lol
Contract in question is linked below which has been minted with a 1B supply before we knew the total supply, so it's somewhat compelling. Also has a cool vanity address with Grass at the beginning
gm (grass morning)
interesting morning so far, some sleuths in the discord think they've found the Grass token contract
everyone is frantically investigating
OTC desks are telling me they are down to their last 284 Gigabuds, there's too much demand for them to handle. They are worried about a supply shock.
Genuinely if someone was motivated to sweep just 100 buds we'd gap up to mid 4 FP
I insta block any retard who
1. Shills their ref in my comments
if I'm not shilling mine (I should), don't poach my content to shill yours
2. Asks me for help and not the mods
This is a informational and bullposting account for the benefit of my bags, not a help desk
Founder is hosting a seminar, appears to be discussion on some new breakthrough that will provide even more TAM for Grass's Live Context Retreival (LCR) offering
Will try to find out what breakthrough he's referring to
Now that capitalism is in play, AI and Data itself is going to get a lot more costly, attract a lot more investors and generate a lot of cashflow.
Bullish Grass.
Was laying in bed last night thinking
What if the buds get a share of every airdrop not just this first one?
Some forever hold type of thing, they become straight up bluechip, more or less yield-bearing nfts
To recap:
1. Gigabuds airdrop was confirmed today in spaces.
2. You have 10 days to secure some.
3. There are only 231/9,999 listed.
Good recipe for a nasty pump imo
Presumably this is the largest in the world and likely worth somewhere in the high 8 low 9 figures if you go off the common publically available training data pricing metrics
2. Data licensing is a booming business in the 9-10 figure scale yearly. Six publicly known deals totaling over half a billion dollars. Private deals are assumed to be worth even more.
Presumably this is the largest in the world and likely worth somewhere in the high 8 low 9 figures if you go off the common publically available training data pricing metrics
It is likely they will offer an advantage over paying with Fiat to induce that buy pressure.
So now you have two token sinks, a staking mechanism w/ routers and a real money spend that likely gets burned as payment.
It is likely they will offer an advantage over paying with Fiat to induce that buy pressure.
So now you have two token sinks, a staking mechanism w/ routers and a real money spend that likely gets burned as payment.
We’ve noticed for some time now that LLMs are beginning to reach a point of diminishing returns in natural language tasks, with the shift in focus moving away from brute-force (huge models consuming tons of compute) to smarter training techniques that involve reinforcement
Founder is hosting a seminar, appears to be discussion on some new breakthrough that will provide even more TAM for Grass's Live Context Retreival (LCR) offering
Will try to find out what breakthrough he's referring to
"LCR fixes this."
It seems the issue with model self-improvement is that the pre-collected data often introduces biases/errors that small incremental "self-improvements" can not fix.
For this reason you need to supply external up to date data during the training process.
In case you missed it: the scope of LCR just 10x’d. On Google DeepMind's new findings and what it means for Grass's Live Context Retrieval (LCR):
To date, Grass’s Live Context Retrieval has been built to operate at the inference level - and this is where the vast majority of
1. OP does not understand the meaning of multimodal data. I said "the leading TAO subnet for multimodal data".
2. 1.8bn rows lifetime is still not impressive, Grass open-sourced 1/3rd ~550m rows of that from Reddit alone in a week for fun 🤣
I want to write a big post about "Exogenous Money Flows" and why Grass is one of the few if not only major projects to have it
Was inspired by something DefiSquared had posted earlier
Sadly I am a lazy fuck so maybe tmmw or the weekend
Am a bit conflicted on whether I can buy more though. I don't know if the snapshot for bud holders has already been taken yet so am worried about adding to my position even though the wording change has boosted my confidence in the airdrop.
This TAO guy should not have chirped me. Many rows are blank, a bunch of data is duplicated, they don't even scrape upvotes which makes the entire dataset useless. The only utility in having reddit data is that it's human labeled with upvotes/downvotes. You're proud of this?
2. Ecosystem Airdrops: I believe that post-launch, AI projects that are building on or with Grass will select the Gigabuds as recipients of their future tokens. This could be a huge value prop for them, similar to Miladies/Madlads/Pudgy Penguins
My Internal Probabilities look something like:
80% chance 500 tokens/bud
20% chance 750 tokens/bud
Don't see a world where they allocate the full 100 bps/1000 tokens but happy to be surprised
A memecoin on the $GRASS L2 that uses LCR to update it's own name/ticker based on the most viral meme at that moment in time
Thanks, someone build this and give me 1% advisory for coming up with the idea
3. Early Access: There's a number of things Gigabuds holders could potentially receive early access to, such as Routers for Staking, Boosted Yields, Early LCR Demos, Discounted LCR Subscriptions, etc.
The Gigabuds Thesis:
I believe that the Gigabuds will get a sizeable airdrop as they are the Flagship NFT collection of
@getgrass_io
and the Grass team has spent significant time and effort into fostering a community around them.
The last announcement also hinted at this.
@exhaaustedman
Somewhere between now and then, probably closer to then or on that date itself
They wouldn't shill gigabuds to Koreans just to have it happen already or on the same day
New Pre-Launch Listing: $GRASS
@getgrass_io
Ahead of the highly-anticipated Grass token launch, you can trade $GRASS on Aevo today.
$GRASS has a maximum supply of 1 billion.
Trade $GRASS here:
This is where LCR can come in. So not only do you have the companies wanting to use LCR for inference, now we might even have companies who are in the process of training the model itself look to LCR to provide this external stimuli for self-improvement purposes.
@P_Paulio
Dunno, within 2-3 weeks would be a goldilocks window to take advantage of good market conditions, BTC likely over 65K and a launch that frontruns all the rest of the tokens that are launching Q4
Lastly, I also asked a Research Paper LLM to answer one simple question about this article: Would live data help? (What LCR would enable).
This is what it had to say:
Lots of % supply speculation on the airdrop to node runners.
May be worth reviewing some old classics:
I figure 7% supply bear case 12% bull case.
Probably closer to 7% because we know there will be an additional season for future and continuing node operators