BYDFi New Listing GRASS Token for Spot Trading

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As an analyst with over two decades of experience in the tech and finance industries, I have witnessed the rise and fall of numerous projects. However, the recent developments surrounding Grass have piqued my interest and sparked a sense of optimism that is rare to come by.

Colorado, USA, November 6th, 2024, Chainwire

Grass is a decentralized data network that enables users to gather and analyze web data in real time, utilizing artificial intelligence (AI) to streamline data collection. The platform incentivizes 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 Milestones

Grass has successfully secured funding in two rounds, amassing a total of $4.5 million to aid its growth and advancement.

  • July 2023: Grass raised $1 million in a Pre-Seed round, with participation from No Limit Holdings, Big Brain Holdings, Builder Capital, Cogitent Ventures, Kyle Samani, Neel Somani, and Rahim Noorani.
  • December 2023: Grass secured $3.5 million in a Seed round, led by Polychain Capital and Tribe Capital, with additional investment from Bitscale, Big Brain, Advisors Anonymous, Typhon V, and Mozaik.

GRASS Airdrop Campaign Sees High Participation

On October 28th, Grass started an airdrop campaign that attracted much interest. The high demand for GRASS tokens resulted in increased activity. By November 4th, about 82.75% (around 64.7 million) of the total tokens available for the airdrop had been claimed by around 1.8 million different wallets.

GRASS Market Overview

At present, the value of GRASS stands at around $1.62, giving it a total market worth of about $394 million. This places it at number 173 on CoinGecko’s ranking. In the past seven days, there has been a significant surge in its price, with an increase of over 68%.

BYDFi Listing of GRASS Token

1) Being listed on BYDFi signifies a major achievement for Grass, as it makes the token more accessible to a broader group of people. Additionally, BYDFi has introduced a promotion where users can earn GRASS tokens by completing specific tasks. To take part in this promotion, individuals need only register on BYDFi and finish these tasks to receive GRASS tokens. This promotional event is designed to increase the token’s circulation and visibility among its user base.

GRASS in the Web3 Sector

In simpler terms, Grass stands out in the field of Web3 data, emphasizing community-led data gathering and reward systems. Its latest successes underscore this focus. Being listed on BYDFi broadens its user base and increases its overall visibility.

To learn more about grass or join the BYDFi promotional initiative, users are welcome to access BYDFi’s website.

About BYDFi:

Founded in 2020, BYDFi stands as a leading cryptocurrency exchange, praised by Forbes, supported by CoinMarketCap, and backed by CoinGecko. Recognized for its expertise, creativity, and robust safety measures, BYDFi provides access to over 600 different cryptocurrencies for spot trading, in addition to advanced options such as 200x leverage on perpetual contracts. The platform prioritizes user security, offers zero-fee trading, and simplifies crypto purchases through partnerships with Banxa, Transak, and Mercuryo, making it a popular choice among traders worldwide.

Contact

Senior Market Director
Chloe
BYDFi
chloe@bydfi.com

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2024-11-06 13:56