Roam and Umy Launch Collaborative Initiative for On-Chain Mobility

The Grass Foundation is an innovative project that operates as a Decentralized Physical Infrastructure Network (DePIN) on the Solana blockchain. It enables users to earn passive income by sharing their extra bandwidth, which is utilized for the development of artificial intelligence tools. With over 2 million active users, the platform has garnered attention, but it has also faced skepticism due to various scams impersonating the project. This article aims to clarify the legitimacy of the Grass airdrop and provide a comprehensive guide for interested participants. The Grass airdrop functions similarly to other DePIN projects, rewarding users for their contributions of bandwidth. Participants can earn Grass Points by installing the Grass App or a web extension, which can later be converted into GRASS tokens. To be eligible for the airdrop, users must have a compatible device and a legitimate wallet address. However, the system is vigilant against fraudulent activities, and any detected misconduct may result in penalties, including the withholding of tokens. Despite the project's rapid growth and backing from reputable investment firms, users are advised to ensure they are accessing the official Grass website to avoid scams. The Grass Foundation has successfully conducted multiple airdrop campaigns, distributing a total of 100 million GRASS tokens to eligible participants. With the recent launch of its mainnet, the airdrop remains active, and the process for claiming Grass Points has been simplified. Users can easily withdraw their earnings by directing the system to transfer GRASS tokens to their wallets. While the Grass Foundation appears to be a legitimate project, potential participants should conduct their own research to verify its authenticity and understand the risks involved in the airdrop process.

Grayscale, a leading digital asset manager, has made a significant move in the cryptocurrency space by filing Form 10 with the SEC for its Bittensor Trust ($TAO). This filing marks the initial step toward becoming a reporting company under U.S. securities law, which could potentially reduce private placement holding periods from 12 months to 6 months. If successful, this would facilitate public trading on OTC markets and bolster institutional confidence in AI-driven crypto assets, paving the way for broader adoption of Bittensor’s decentralized AI network. The announcement was made via Grayscale's official X account, emphasizing the importance of increased accessibility, transparency, and regulatory standing. Should the SEC approve the Form 10, the Bittensor Trust will be required to file quarterly, annual, and current reports, similar to public companies. This level of transparency is expected to enhance investor trust in $TAO, the native token of Bittensor, which incentivizes AI model contributions through cryptocurrency. Grayscale's intent to seek public quotation of Bittensor Trust shares on OTC Markets further indicates its commitment to regulatory compliance and market legitimacy. The timing of this filing is particularly strategic, as AI-related tokens have seen significant growth, attracting both speculative and institutional interest. Bittensor operates as a decentralized AI marketplace, allowing developers to train models and earn $TAO based on performance. The trust provides institutional investors with a regulated investment vehicle to gain exposure to AI infrastructure without the complexities of managing data centers. Following the announcement, $TAO experienced a surge in trading volume, with analysts predicting continued bullish momentum as Grayscale's compliance efforts progress, potentially leading to increased liquidity and market activity for the token.

The recent 48-hour internet shutdown in Afghanistan has raised significant concerns regarding the vulnerability of decentralized technologies, particularly blockchain. This blackout, which affected approximately 13 million people, revealed a critical weakness: the reliance of blockchain networks on centralized internet service providers. While blockchain is designed to facilitate secure and censorship-resistant transactions, the outage highlighted how interruptions in internet connectivity can severely impact its functionality. This situation underscores the urgent need for alternative internet infrastructure solutions that can support blockchain operations even when traditional providers are unavailable. On October 1, 2025, the Taliban administration ordered a near-total internet blackout, which was later attributed to technical issues with fiber optic cables. However, the timing and scale of the disruption raised alarms about potential censorship and government control over internet access. The event not only disconnected millions from the digital realm but also disrupted numerous blockchain activities, revealing a significant challenge for decentralized networks. The incident serves as a stark reminder that while blockchain technology holds the promise of censorship resistance, it remains vulnerable to external disruptions. In response to the Afghanistan blackout, advocates for decentralized connectivity are calling for solutions that ensure blockchain networks can operate independently of centralized internet providers. Projects like Roam Network are at the forefront of this movement, aiming to create decentralized wireless networks powered by user contributions. By leveraging crowdsourced data on mobile signal strength, Roam seeks to provide reliable internet access even during outages. Other initiatives, such as World Mobile and Helium, are also working to establish large-scale decentralized networks that reduce reliance on centralized infrastructure. The urgency of developing these solutions has never been clearer, as the potential of blockchain technology hinges on the availability of a decentralized internet backbone.

The recent Token2049 conference in Singapore highlighted the emergence of Decentralized Physical Infrastructure Networks (DePIN) as a transformative force in the blockchain space. Initially met with skepticism, the concept of individuals contributing to decentralized networks through installations like weather stations has gained traction, with thousands of stations now operational worldwide. Participants at the conference expressed a strong desire to engage with and profit from the infrastructure that supports both online and offline activities. DePIN is no longer a niche topic; it has become a central theme of discussion, with many experts predicting that it will surpass Decentralized Finance (DeFi) in value and significance. DePIN represents a shift in the cryptocurrency narrative, moving from a focus on capital to capacity. Investors and creators at Token2049 emphasized the importance of building actual networks that have tangible impacts on the world. Unlike traditional infrastructure, which is often hindered by centralized processes and high upfront costs, DePIN allows users to become operators immediately, thus facilitating faster deployment and greater participation. This model not only enhances utility but also attracts consumers, creating a self-sustaining ecosystem. As the demand for real-time, verifiable data grows, particularly in the AI economy, DePIN is positioned to become the foundational layer for various applications, including climate intelligence and grid optimization. Looking ahead, the potential for DePIN is significant, especially as regulatory clarity begins to emerge. The transition from pilot projects to fully operational networks is underway, with companies like WeatherXM leading the way by providing hyperlocal meteorological data through decentralized means. As industries increasingly seek reliable weather data amid climate challenges, DePIN could redefine the landscape of decentralized infrastructure, potentially onboarding millions into the Web3 ecosystem. The momentum observed at Token2049 suggests that DePIN is not just an alternative to DeFi but may become a cornerstone of the decentralized economy, focusing on broader societal impacts beyond mere financial transactions.

Grass, the flagship product of Wynd Network, has successfully raised $10 million in a bridge funding round co-led by Polychain Capital and Tribe Capital. This funding, primarily structured as a token purchase, highlights the growing investor confidence in Grass's mission to decentralize internet connectivity and enhance AI data access. Previously, Grass had secured funding through Seed and Series A rounds, but this latest round was unplanned and comes at a crucial time as the project experiences rapid growth and adoption. Grass operates as a decentralized bandwidth network built on the Solana blockchain, allowing users to monetize their unused internet capacity by selling their 'view of the internet.' This innovative system enables companies and developers to access public web data at scale, which is essential for training and improving AI models. Users are rewarded with the native GRASS token, which serves as the primary vehicle for value accrual and governance. Co-founder Andrej Radonjic emphasized that Grass addresses the access challenges AI developers face when building or training models across the open web, thereby solving a significant bottleneck in data collection for AI. The recent funding round marks Polychain Capital's third investment in Grass, reflecting their strong belief in the company's potential. Grass has reported impressive growth, with 8.5 million monthly active users and collaborations with around 20 companies, including nonprofits and academic institutions. As the project continues to evolve, it aims to transition from providing training data to offering real-time inference data, which is crucial for generative AI systems. With its unique approach, Grass is positioned to redefine data pipelines for AI, shifting control from centralized tech companies to a decentralized global network, thus leading the charge in the intersection of AI and decentralized infrastructure.

Recent developments in the cryptocurrency and blockchain sectors highlight significant movements and investments. Notably, the UAE family office Kanoo Group has announced its decision to purchase Bitcoin, further solidifying its position in the digital asset space with assets under management totaling $20 billion. Additionally, SpaceX, the aerospace company founded by Elon Musk, reportedly holds $1 billion worth of Bitcoin, showcasing the growing acceptance of cryptocurrencies among major corporations. In the realm of blockchain technology, the DePIN project Grass has successfully completed $10 million in bridge financing, with participation from notable investors such as Polychain and Tribe Capital. This funding marks a continuation of support from Polychain, which has previously invested in Grass during its seed and Series A rounds. Furthermore, ZKsync has launched the Atlas upgrade for its ZK Stack, aimed at enhancing enterprise blockchain performance. This upgrade introduces a high-performance sequencer capable of processing up to 30,000 transactions per second, significantly improving efficiency for enterprise applications. On the regulatory front, the Federal Reserve's monetary policy remains a focal point, with a high probability of rate cuts anticipated in the coming months. Fed Governor Milan has expressed concerns regarding the decline in the neutral rate and its implications for policy tightening, while also maintaining an optimistic outlook on inflation. Meanwhile, Nakamoto plans to issue $250 million in convertible bonds to bolster its Bitcoin holdings, reflecting ongoing interest in cryptocurrency investments amid evolving market conditions.