Audit log

Every state-changing event for Grass: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-06-01 13:00:55Z
   Score: ? → ? (no score change)
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   ●mainnet-betaslot 423,596,926

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   3TSmLZJfDfxA…JgDRHxGfcopyexplorer ↗

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   9WCFbC7wEuzU…9s1tuWCXcopysha256 → base58

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   {"actor":"system:backfill","investigation_id":"15fb8058-c157-4461-9cda-ebfef760c364","kind":"publish","page_slug":"grass","published_at":"2026-06-01T13:00:54.932Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Grass","sections":[{"content":"Grass, developed by Wynd Labs (legal entity: Lower Tribeca Corp, incorporated in the Bahamas), operates a decentralized bandwidth-sharing network on Solana. Users install a Chrome/Brave browser extension or desktop application that routes third-party web scraping traffic through the participant's residential IP address. The network aggregates this capacity and sells access to AI labs, SEO firms, universities, and research organizations that require large volumes of public web data for training foundation models or for real-time retrieval tasks. As of early 2026, the company reports approximately 8.5 million monthly active nodes across 190 countries and has delivered over 7,000 TB of scraped data. Reported quarterly revenues grew from near zero in Q1 2025 to approximately $4.3M in Q3 2025 and a projected $12.8M in Q4 2025, suggesting genuine enterprise traction. The network's architecture includes Grass Nodes (user devices), Routers (traffic management), Validators (data verification), and a zero-knowledge processor that generates proofs of data integrity stored on Solana as a sovereign data rollup. A newer product line, Live Context Retrieval (LCR), is positioned to provide real-time web context to AI inference workloads and was in trials with three SEO firms and one AI lab as of early 2026.","heading":"Project Overview and Business Model","severity":"low","sources":[{"credibility":2,"name":"Grass on Solana: Project Review — Solana Compass","type":"research","url":"https://solanacompass.com/projects/grass"},{"credibility":2,"name":"Grass raises $10 million — Ventureburn","type":"news_article","url":"https://ventureburn.com/grass-10m-depin-ai-data-network/"},{"credibility":2,"name":"What Is Grass Crypto? — DEXTools News 2026","type":"research","url":"https://www.dextools.io/tutorials/what-is-grass-crypto-depin-bandwidth-ai-training-guide-2026"}]},{"content":"The project's two publicly named founders are Andrej Radonjic (co-founder and CEO) and Christopher Nguyen (co-founder and CTO). Radonjic holds a Bachelor of Engineering in Engineering Physics from McMaster University and a Master of Arts in Mathematics and Statistics from York University, and previously worked at Binance for approximately two years before founding Wynd Labs in 2022. He has made public appearances at AI and crypto conferences including ODSC AI West 2025. Nguyen is listed as the sole director of the Bahamas-incorporated legal entity Lower Tribeca Corp. Additional team members were disclosed by Radonjic via LinkedIn, identified as software engineers primarily educated at universities in Asia, though these individuals are not individually named in major public sources. The Wynd Labs website provides minimal organizational information. The core source of concern flagged by some commentators is the Bahamas shell-company structure: Christopher Nguyen is listed as the sole director of Lower Tribeca Corp, while the operational leadership (Radonjic) operates from Ontario, Canada. This offshore incorporation is a common but notable structure in crypto projects, and no regulatory action has been taken in connection with it. The company's GitHub presence for its core node software is not publicly open-sourced, which limits independent security audits of the client-side extension and desktop application. The company states it works with AppEsteem, a cybersecurity compliance auditor, for continuous monitoring of its software products.","heading":"Team Transparency","severity":"medium","sources":[{"credibility":2,"name":"Andrej Radonjic — IQ.wiki","type":"research","url":"https://iq.wiki/wiki/andrej-radonjic"},{"credibility":3,"name":"All You Need To Know About Andrej Radonjic — UseTheBitcoin","type":"news_article","url":"https://usethebitcoin.com/crypto-personalities/all-you-need-to-know-about-andrej-radonjic-the-co-founder-of-wynd-network/"},{"credibility":2,"name":"Lower Tribeca Corp — Dun & Bradstreet","type":"other","url":"https://www.dnb.com/business-directory/company-profiles.lower_tribeca_corp.f43eb819eea26c5555257aea35adf6b4.html"},{"credibility":3,"name":"Grass Review: Wynd Labs securities fraud? — BehindMLM","type":"community_report","url":"https://behindmlm.com/mlm-reviews/grass-review-wynd-labs-securities-fraud/"},{"credibility":2,"name":"Grass puts privacy and security first — Grass.io","type":"official","url":"https://www.grass.io/learn/grass-puts-privacy-and-security-first"}]},{"content":"The core business model — routing third-party internet traffic through users' residential IP addresses — creates several layered legal and privacy risks that Grass acknowledges to varying degrees. First, when a user's IP address is used to scrape third-party websites, those requests appear in ISP logs as if the user personally visited those destinations. In most jurisdictions, visiting publicly accessible web pages does not constitute illegal access under statutes such as the US Computer Fraud and Abuse Act (CFAA), particularly following the hiQ Labs v. LinkedIn ruling in which the Ninth Circuit held that scraping publicly available data did not constitute unauthorized access. However, individual scraped sites may have Terms of Service prohibiting automated access, and bandwidth contributors bear reputational risk if their IP addresses are logged in association with those requests, even if operators have contractually shifted liability to data purchasers. Second, a Trend Micro investigation of the broader residential proxyware industry identified questionable activities including bulk registration of social media accounts, accessing click-fraud sites, and scraping government and personally identifiable information databases. Grass counters this by asserting it vets buyers through KYC checks, signs detailed service agreements, and monitors traffic for abuse. Third, GDPR considerations arise when scraped content contains personal data about EU residents, independent of whether the underlying access was authorized. Grass's privacy policy and FAQ address these points but the company has not published independent audits of buyer compliance or traffic monitoring efficacy. Fourth, users' home IP addresses may be blacklisted or flagged by websites, potentially degrading their own browsing experience. The company states traffic is capped and prioritizes the user's own internet usage, going dormant if the connection is saturated.","heading":"Privacy and Legal Risks of Bandwidth Sharing","severity":"medium","sources":[{"credibility":2,"name":"Company behind passive income app Grass raises $3.5m — DL News","type":"news_article","url":"https://www.dlnews.com/articles/defi/vcs-fund-company-behind-ai-training-network-grass/"},{"credibility":2,"name":"Grass Q&A on Privacy and Security — Grass.io","type":"official","url":"https://www.grass.io/learn/grass-102-q-a-on-privacy-and-security"},{"credibility":2,"name":"Grass 101: How It Works — DePIN Hub","type":"research","url":"https://depinhub.io/blog/grass-101-how-it-works"},{"credibility":2,"name":"Is Web Scraping Legal in 2026? — Browserless","type":"research","url":"https://www.browserless.io/blog/is-web-scraping-legal"}]},{"content":"Wynd Labs raised a $3.5 million seed round in December 2023, co-led by Polychain Capital and Tribe Capital, with additional participation from Bitscale, Big Brain, Advisors Anonymous, Typhon V, Mosaik, and No Limit Holdings. A Series A round was completed in September 2024 led by Hack VC; its size was not publicly disclosed. In March–April 2025, Grass raised $10 million in a bridge round structured as a direct token purchase rather than equity, again led by Polychain Capital and Tribe Capital. This marks Polychain's third investment in the company. Polychain's Josh Rosenthal commented that the firm was 'tripling down' on Grass. Tribe Capital noted it had seen seven-figure clients, including major AI labs, sign up in the preceding twelve months. The Bahamas incorporation of Lower Tribeca Corp is a common offshore structure but has attracted scrutiny: BehindMLM, a consumer advocacy blog, noted a January 2024 SEC Form D filing in which Lower Tribeca Corp declared $2.1 million of claimed exempt securities. No SEC enforcement action has been publicly reported against Grass or Wynd Labs. The bridge round's token-purchase structure implies investor exposure to GRASS token price movements rather than traditional equity, which aligns investor and token-holder incentives but also concentrates risk.","heading":"Funding, Investors, and Corporate Structure","severity":"low","sources":[{"credibility":2,"name":"Grass raises $3.5M — crypto.news","type":"news_article","url":"https://crypto.news/grass-raises-3-5m-as-polychain-capital-and-others-bet-on-decentralized-ai/"},{"credibility":2,"name":"DePIN Grass raises $10M from Polychain, Tribe Capital — Blockworks (via PANews mirror)","type":"news_article","url":"https://www.panewslab.com/en/articles/25f05c08-cc30-4326-aaae-795016064160"},{"credibility":2,"name":"Grass raises $10 million — Ventureburn","type":"news_article","url":"https://ventureburn.com/grass-10m-depin-ai-data-network/"},{"credibility":1,"name":"WYND LABS — Lower Tribeca Corp. Trademark Registration (USPTO)","type":"regulatory","url":"https://uspto.report/TM/98670738"}]},{"content":"GRASS has a fixed total supply of 1 billion tokens. The allocation at launch was: Early Investors 25.2%, Foundation and Ecosystem Growth 22.8%, Contributors 22.0%, Future Incentives 17.0%, Airdrop One 10.0%, and Router Rewards 3.0%. Vesting uses a cliff mechanism — early investors received a 1-year cliff with 1-year linear release; core contributors received a 1-year cliff with 3-year vesting. The full unlock schedule extends to 2028. As of early 2026, roughly 60% of total supply was circulating, leaving approximately 39% still subject to future unlocks. GRASS reached an all-time high of approximately $3.90 on November 7, 2024, shortly after the TGE, before declining approximately 94% to the $0.20–$0.50 range by early 2026. This trajectory is consistent with broad DePIN sector weakness and sustained sell pressure from token unlocks and airdrop distribution. The investor and team allocation of approximately 47% of total supply (early investors plus contributors) is relatively high and has been a point of concern for community members focused on dilution risk. Airdrop Season 2, allocating 170 million tokens (17% of supply), was announced for H1 2026, which represents additional potential sell pressure. The $10 million October 2025 bridge round was structured as a direct token purchase, reflecting continued investor appetite despite the price decline.","heading":"Tokenomics and Token Performance","severity":"medium","sources":[{"credibility":2,"name":"GRASS Tokenomics — Grass GitBook","type":"official","url":"https://grass-foundation.gitbook.io/grass-docs/introduction/grass/grass-tokenomics"},{"credibility":2,"name":"Grass (GRASS) Tokenomics and Vesting Schedule — Tokenomist","type":"research","url":"https://tokenomist.ai/grass"},{"credibility":2,"name":"GRASS Airdrop Issues Overshadow Launch — CCN","type":"news_article","url":"https://www.ccn.com/analysis/crypto/grass-airdrop-issues-overshadow-launch/"},{"credibility":2,"name":"GRASS Tokenomics: Airdrop Distribution and Listing Insights — CoinGabbar","type":"research","url":"https://www.coingabbar.com/en/crypto-blogs-details/grass-tokenomics-airdrop-distribution-listing-insights"}]},{"content":"On September 5, 2024, Grass published an airdrop eligibility checker revealing individual allocations, which triggered widespread community backlash. The primary complaint was that the 100 million token airdrop (10% of supply) was diluted across more than 2.8 million eligible users, resulting in very small per-user allocations. Users who had farmed across multiple epochs cited receiving as few as 32 tokens after accumulating over 100,000 points, with one user commenting: 'Did y'all waste 7 months of my internet connection to give me this measly peanut?' Others compared their rewards to the cost of a fast-food meal. On October 28, 2024 — the official claim date — the Phantom wallet experienced a nearly three-hour outage due to the surge in claiming activity. Additional complaints included eligibility flags for some long-term participants and perceived lack of communication from the team on social media. The project's response was limited in the immediate days following, which amplified frustration. By contrast, Grass Season 2 allocates 170 million tokens, nearly double Season 1, and the project stated it would distribute these gradually over H1 2026 to reduce immediate sell pressure.","heading":"Airdrop Launch Controversy (October 2024)","severity":"medium","sources":[{"credibility":2,"name":"Grass Airdrop Faces Community Backlash Over Token Distribution Concerns — BeInCrypto","type":"news_article","url":"https://beincrypto.com/grass-airdrop-sparks-outrage/"},{"credibility":2,"name":"Grass Airdrop Faces Backlash Over Token Rewards — DePIN Scan","type":"news_article","url":"https://depinscan.io/news/2024-09-05/grass-airdrop-faces-backlash-over-token-rewards"},{"credibility":2,"name":"Grass Airdrop One — Grass GitBook","type":"official","url":"https://grass-foundation.gitbook.io/grass-docs/introduction/grass/grass-airdrop-one"}]},{"content":"The Grass brand has been extensively impersonated. PCRisk and CoinChapter have documented multiple fraudulent websites that mimic the Grass or Grass Foundation branding to harvest cryptocurrency wallet credentials or deploy wallet-draining smart contracts. An ANY.RUN malware sandbox report flagged the getgrass.io domain in connection with suspicious activity, though this appears to relate to phishing campaigns built around the brand rather than the legitimate platform itself. The legitimate Grass service operates from grass.io (the primary domain) and previously from getgrass.io; these domains should be verified before interacting with any Grass-related site. Users are advised to only access the platform through official channels and to be alert to fake airdrop eligibility checkers and counterfeit browser extensions. The Grass team has published warnings about impersonation but the proliferation of fake campaigns targeting its large user base (reported at 8.5 million monthly active nodes) represents an ongoing ambient risk for participants.","heading":"Phishing and Impersonation Risk","severity":"high","sources":[{"credibility":2,"name":"Grass Foundation Scam — PCRisk removal guide","type":"community_report","url":"https://www.pcrisk.com/removal-guides/31498-grass-foundation-scam"},{"credibility":2,"name":"Grass Airdrop Scam — PCRisk removal guide","type":"community_report","url":"https://www.pcrisk.com/removal-guides/33279-grass-airdrop-scam"},{"credibility":2,"name":"Fake Grass Crypto Eligibility Checker — CoinChapter","type":"news_article","url":"https://coinchapter.com/fake-grass-crypto-eligibility-checker-what-you-should-know/"}]},{"content":"Grass has not open-sourced its core node software or browser extension. The absence of public code makes independent security audits of the client-side application difficult. This is particularly relevant given that the Grass extension runs continuously in a user's browser and routes third-party traffic through their device. The company states that AppEsteem, a cybersecurity compliance auditor, conducts continuous monitoring of Grass software products for vulnerabilities, backdoors, and malware. No public audit report from AppEsteem or any other third party has been identified in the course of this investigation. Community members have noted the lack of an official GitHub organization for Wynd Labs, with the only GitHub repositories related to Grass being community-created Docker wrappers and unofficial scripts. This opacity is a meaningful risk signal for any user installing the software, as it requires trust in the vendor's security practices without the option of third-party verification.","heading":"Code Transparency and Closed-Source Risk","severity":"medium","sources":[{"credibility":3,"name":"Exploring Grass.io: Passive Income, AI Training, and Network Security — Suburban Cyber Technologies","type":"research","url":"https://suburbancyber.com/exploring-grass-io-passive-income/"},{"credibility":3,"name":"Grass Reviews — Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/www.getgrass.io"},{"credibility":2,"name":"Grass puts privacy and security first — Grass.io","type":"official","url":"https://www.grass.io/learn/grass-puts-privacy-and-security-first"}]},{"content":"No SEC enforcement action against Grass or Wynd Labs / Lower Tribeca Corp has been identified. The January 2024 SEC Form D filing by Lower Tribeca Corp for a $2.1 million exempt securities offering is a standard Regulation D filing used by private companies to raise capital without full registration, and does not itself indicate wrongdoing. BehindMLM, a consumer advocacy site, has alleged that distributing GRASS points to users with promises of conversion to network ownership may constitute an unregistered securities offering under SEC frameworks, and further alleged the referral-tier structure resembles a pyramid scheme under FTC guidelines. These are third-party allegations, have not been validated by any regulator, and the analysis source (BehindMLM) is a Tier 3 source with known subjective framing. More broadly, the DePIN bandwidth-sharing model has not yet been the subject of targeted US or EU regulatory action. Jurisdictions with stricter data sovereignty rules (e.g., GDPR enforcement in the EU) represent a latent risk for operators and potentially for users who serve as traffic conduits. Grass's terms and conditions restrict access in jurisdictions subject to OFAC sanctions but do not specifically address GDPR operator liability.","heading":"Regulatory and Securities Considerations","severity":"medium","sources":[{"credibility":3,"name":"Grass Review: Wynd Labs securities fraud? — BehindMLM","type":"community_report","url":"https://behindmlm.com/mlm-reviews/grass-review-wynd-labs-securities-fraud/"},{"credibility":2,"name":"Lower Tribeca Corp — VC Datalab / Kando","type":"other","url":"https://kando.tech/company/lower-tribeca-corp"},{"credibility":2,"name":"Grass Terms & Conditions — Grass.io","type":"official","url":"https://www.grass.io/terms-and-conditions"}]},{"content":"Grass holds a 3.6/5 rating on Trustpilot based on approximately 330 reviews, with 67% five-star and 20% one-star reviews as of early 2026. The company has replied to 94% of negative reviews within 48 hours. Positive reviews cite the passive income model, the simplicity of the setup process, and the project following through on its token airdrop. Negative reviews primarily center on lower-than-expected earnings, slow or confusing reward distribution, and in one notable case, a user who lost access to their accumulated tokens after being unable to link a new wallet under the existing terms of service. The project's Airdrop Season 1 was the most widely distributed airdrop in Solana history by number of recipients (2.8 million), a distinction that also contributed to the per-user dilution complaints. User acquisition for Season 2 appears to continue at scale, with reports of 8.5 million monthly active nodes by early 2026.","heading":"Community Reception and User Experience","severity":"low","sources":[{"credibility":3,"name":"Grass Reviews — Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/www.getgrass.io"},{"credibility":2,"name":"Guide to the Grass Token Distribution Event — Gate Wiki","type":"research","url":"https://web3.gate.com/crypto-wiki/article/guide-to-the-grass-token-distribution-event"}]}],"sources_used":[{"credibility":2,"name":"Grass on Solana — Solana Compass","type":"research","url":"https://solanacompass.com/projects/grass"},{"credibility":2,"name":"Grass raises $3.5M from Polychain Capital — crypto.news","type":"news_article","url":"https://crypto.news/grass-raises-3-5m-as-polychain-capital-and-others-bet-on-decentralized-ai/"},{"credibility":2,"name":"DePIN Grass raises $10M from Polychain, Tribe Capital — Blockworks (via PANews)","type":"news_article","url":"https://www.panewslab.com/en/articles/25f05c08-cc30-4326-aaae-795016064160"},{"credibility":2,"name":"Grass raises $10 million — Ventureburn","type":"news_article","url":"https://ventureburn.com/grass-10m-depin-ai-data-network/"},{"credibility":2,"name":"Company behind passive income app Grass raises $3.5m — DL News","type":"news_article","url":"https://www.dlnews.com/articles/defi/vcs-fund-company-behind-ai-training-network-grass/"},{"credibility":2,"name":"Grass Airdrop Faces Community Backlash — BeInCrypto","type":"news_article","url":"https://beincrypto.com/grass-airdrop-sparks-outrage/"},{"credibility":2,"name":"GRASS Airdrop Issues Overshadow Launch — CCN","type":"news_article","url":"https://www.ccn.com/analysis/crypto/grass-airdrop-issues-overshadow-launch/"},{"credibility":2,"name":"Grass Airdrop Faces Backlash Over Token Rewards — DePIN Scan","type":"news_article","url":"https://depinscan.io/news/2024-09-05/grass-airdrop-faces-backlash-over-token-rewards"},{"credibility":3,"name":"Grass Review: Wynd Labs securities fraud? — BehindMLM","type":"community_report","url":"https://behindmlm.com/mlm-reviews/grass-review-wynd-labs-securities-fraud/"},{"credibility":2,"name":"Andrej Radonjic — IQ.wiki","type":"research","url":"https://iq.wiki/wiki/andrej-radonjic"},{"credibility":2,"name":"Grass Q&A on Privacy and Security — Grass.io","type":"official","url":"https://www.grass.io/learn/grass-102-q-a-on-privacy-and-security"},{"credibility":2,"name":"Grass Foundation Scam — PCRisk","type":"community_report","url":"https://www.pcrisk.com/removal-guides/31498-grass-foundation-scam"},{"credibility":2,"name":"Grass Airdrop Scam — PCRisk","type":"community_report","url":"https://www.pcrisk.com/removal-guides/33279-grass-airdrop-scam"},{"credibility":2,"name":"Fake Grass Crypto Eligibility Checker — CoinChapter","type":"news_article","url":"https://coinchapter.com/fake-grass-crypto-eligibility-checker-what-you-should-know/"},{"credibility":2,"name":"GRASS Tokenomics — Grass GitBook","type":"official","url":"https://grass-foundation.gitbook.io/grass-docs/introduction/grass/grass-tokenomics"},{"credibility":2,"name":"Grass (GRASS) Tokenomics and Vesting — Tokenomist","type":"research","url":"https://tokenomist.ai/grass"},{"credibility":2,"name":"Grass Terms & Conditions — Grass.io","type":"official","url":"https://www.grass.io/terms-and-conditions"},{"credibility":2,"name":"Grass Privacy Policy — Grass.io","type":"official","url":"https://www.grass.io/privacy-policy"},{"credibility":1,"name":"WYND LABS Trademark Registration — USPTO","type":"regulatory","url":"https://uspto.report/TM/98670738"},{"credibility":2,"name":"Lower Tribeca Corp — Dun & Bradstreet","type":"other","url":"https://www.dnb.com/business-directory/company-profiles.lower_tribeca_corp.f43eb819eea26c5555257aea35adf6b4.html"},{"credibility":3,"name":"Grass Reviews — Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/www.getgrass.io"},{"credibility":2,"name":"Grass Network Building the Decentralized Data Backbone — Nansen Research","type":"research","url":"https://research.nansen.ai/articles/grass-network-building-the-decentralized-data-backbone"},{"credibility":2,"name":"What Is Grass Crypto? 2026 — DEXTools News","type":"research","url":"https://www.dextools.io/tutorials/what-is-grass-crypto-depin-bandwidth-ai-training-guide-2026"},{"credibility":2,"name":"Grass Airdrop Season 2: A Shift Towards Long-Term Rewards — DePIN Scan","type":"news_article","url":"https://depinscan.io/news/2026-01-27/grass-airdrop-season-2-a-shift-towards-long-term-rewards"}],"summary":"Grass is a Solana-based decentralized physical infrastructure network (DePIN) developed by Wynd Labs that pays users GRASS tokens in exchange for contributing unused internet bandwidth, which is then sold to AI companies and research institutions for large-scale public web scraping. The project launched in June 2023, completed a $3.5M seed round and a subsequent $10M bridge round backed by Polychain Capital and Tribe Capital, and executed its first major token airdrop in October 2024. While the project reports meaningful revenue growth and legitimate enterprise customers, it operates in a legally grey area involving residential proxy networks, carries unanswered questions about code transparency, and its token has declined approximately 94% from its all-time high amid sustained unlock pressure.","timeline":[{"date":"2022-01-01","event":"Wynd Labs (originally Wynd Network) founded by Andrej Radonjic and Christopher Nguyen; began development of the Grass bandwidth-sharing concept.","source":"UseTheBitcoin profile of Andrej Radonjic","source_url":"https://usethebitcoin.com/crypto-personalities/all-you-need-to-know-about-andrej-radonjic-the-co-founder-of-wynd-network/"},{"date":"2023-06-01","event":"Grass browser extension publicly launched, enabling users to earn points by sharing unused bandwidth.","source":"DePIN Scan project overview","source_url":"https://depinscan.io/news/2024-10-29/grass-a-new-depin-project-on-solana-for-earning-passive-income"},{"date":"2023-12-01","event":"$3.5 million seed round closed, co-led by Polychain Capital and Tribe Capital, with participation from Bitscale, Big Brain, Advisors Anonymous, Typhon V, Mosaik, and No Limit Holdings.","source":"crypto.news","source_url":"https://crypto.news/grass-raises-3-5m-as-polychain-capital-and-others-bet-on-decentralized-ai/"},{"date":"2024-01-01","event":"Lower Tribeca Corp files SEC Form D declaring $2.1 million of exempt securities.","source":"BehindMLM — Grass Review","source_url":"https://behindmlm.com/mlm-reviews/grass-review-wynd-labs-securities-fraud/"},{"date":"2024-03-05","event":"Wynd Network rebrands to Wynd Labs.","source":"BehindMLM — Grass Review","source_url":"https://behindmlm.com/mlm-reviews/grass-review-wynd-labs-securities-fraud/"},{"date":"2024-09-05","event":"Grass publishes airdrop eligibility checker; widespread community backlash erupts over low per-user token allocations due to the 2.8 million user base diluting the 100 million token pool.","source":"BeInCrypto","source_url":"https://beincrypto.com/grass-airdrop-sparks-outrage/"},{"date":"2024-09-01","event":"Series A funding round closed, led by Hack VC; amount undisclosed.","source":"DropsTab fundraising data","source_url":"https://dropstab.com/coins/grass/fundraising"},{"date":"2024-10-28","event":"GRASS token generation event (TGE) and Airdrop Season 1 claim date. 100 million GRASS distributed to 2.8 million users. Phantom wallet experiences a nearly three-hour outage due to claim volume. GRASS token begins trading.","source":"DePIN Scan / BeInCrypto","source_url":"https://depinscan.io/news/2024-10-29/grass-a-new-depin-project-on-solana-for-earning-passive-income"},{"date":"2024-11-07","event":"GRASS token reaches all-time high of approximately $3.90.","source":"CCN analysis","source_url":"https://www.ccn.com/analysis/crypto/grass-airdrop-issues-overshadow-launch/"},{"date":"2025-04-02","event":"$10 million bridge round raised from Polychain Capital and Tribe Capital, structured as a direct token purchase — Polychain's third investment in the company.","source":"Blockworks (via PANews mirror)","source_url":"https://www.panewslab.com/en/articles/25f05c08-cc30-4326-aaae-795016064160"},{"date":"2025-06-01","event":"Grass reports Q2 2025 revenue of approximately $2.75 million, growing from near-zero in Q1, with approximately 20 enterprise clients including major AI labs.","source":"Grass Token Holder Call #1 / Ventureburn","source_url":"https://ventureburn.com/grass-10m-depin-ai-data-network/"},{"date":"2025-09-01","event":"Q3 2025 revenue reported at approximately $4.3 million; network reaches approximately 8.5 million monthly active nodes.","source":"Blockworks / Ventureburn reporting","source_url":"https://ventureburn.com/grass-10m-depin-ai-data-network/"},{"date":"2026-01-27","event":"Airdrop Season 2 details announced: 170 million GRASS tokens to be distributed gradually over H1 2026, with a snapshot window of mid-November to mid-December 2025.","source":"DePIN Scan","source_url":"https://depinscan.io/news/2026-01-27/grass-airdrop-season-2-a-shift-towards-long-term-rewards"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 5cd16376-413a-4105-9395-d8c6bf0699abcopy
2. #2reviewby reviewerreviewer

   2026-06-01 17:45:20Z
   Score: 58 → 58 (no score change)
   The investigation is broadly accurate on structural facts (team, incorporation, funding rounds, tokenomics, airdrop mechanics). The most significant error is the date of the $10M bridge round, which the page places in April 2025 when all primary sources (Blockworks exclusive, Ventureburn, PANews) consistently place it in October 2025. Revenue figures and node counts are self-reported and unaudited. Three claims are stale: the 94% token decline (recovered to ~87% by late May 2026), the Season 2 H1 2026 distribution window (now slipped to H2), and the Trustpilot 3.6/5 rating (now 3.2). The Radonjic-Binance employment claim is unverifiable from credible sources.
   anchoranchored

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   ●mainnet-betaslot 423,639,882

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   4QcRujGymoc7…1Rr9GwTHcopyexplorer ↗

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   5exQ4YqCXYr6…zabGMUXkcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (1008 B) ▸

   {"actor":"reviewer","decided_at":"2026-06-01T17:45:19.923Z","decision":"review","investigation_id":"15fb8058-c157-4461-9cda-ebfef760c364","new_score":58,"page_slug":"grass","prev_score":58,"reason":"The investigation is broadly accurate on structural facts (team, incorporation, funding rounds, tokenomics, airdrop mechanics). The most significant error is the date of the $10M bridge round, which the page places in April 2025 when all primary sources (Blockworks exclusive, Ventureburn, PANews) consistently place it in October 2025. Revenue figures and node counts are self-reported and unaudited. Three claims are stale: the 94% token decline (recovered to ~87% by late May 2026), the Season 2 H1 2026 distribution window (now slipped to H2), and the Trustpilot 3.6/5 rating (now 3.2). The Radonjic-Binance employment claim is unverifiable from credible sources.","score_delta":0,"sequence_num":2,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision c9b95928-d14f-493e-a473-b23b490cef5ccopy
3. #3review reviseby judgejudge

   2026-06-01 17:45:20Z
   Score: 58 → 48 (-10)
   The review confirmed 20 of 32 claims and found strong structural accuracy across team credentials, tokenomics, airdrop mechanics, and corporate structure. However, claim_findings[16] — the date of the $10M bridge round — is disputed by Tier 1 sources (Blockworks exclusive): the page places this event in March–April 2025 when all primary sources consistently record October 2025, a six-month error that propagates through the summary, sections[3], and timeline[9]. Three claims are stale (the 94% token decline figure, the Season 2 H1 2026 distribution window, and the Trustpilot 3.6/5 rating), and two high-priority coverage gaps remain open: on-chain verification of investor/team unlock behaviour and absence of independent revenue verification for the self-reported $4.3M Q3 and $12.8M Q4 2025 figures. These issues collectively warrant revision but do not undermine the investigation's core conclusions.
   anchoranchored

   chain

   ●mainnet-betaslot 423,639,887

   sig

   56PhzgdAPLL9…pQmKjxNYcopyexplorer ↗

   hash

   AQDJ8Uvq5fxF…bK1cgEeYcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (1256 B) ▸

   {"actor":"judge","decided_at":"2026-06-01T17:45:19.923Z","decision":"review_revise","investigation_id":"15fb8058-c157-4461-9cda-ebfef760c364","new_score":48,"page_slug":"grass","prev_score":58,"reason":"The review confirmed 20 of 32 claims and found strong structural accuracy across team credentials, tokenomics, airdrop mechanics, and corporate structure. However, claim_findings[16] — the date of the $10M bridge round — is disputed by Tier 1 sources (Blockworks exclusive): the page places this event in March–April 2025 when all primary sources consistently record October 2025, a six-month error that propagates through the summary, sections[3], and timeline[9]. Three claims are stale (the 94% token decline figure, the Season 2 H1 2026 distribution window, and the Trustpilot 3.6/5 rating), and two high-priority coverage gaps remain open: on-chain verification of investor/team unlock behaviour and absence of independent revenue verification for the self-reported $4.3M Q3 and $12.8M Q4 2025 figures. These issues collectively warrant revision but do not undermine the investigation's core conclusions.","score_delta":-10,"sequence_num":3,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 5eccf808-d8fa-464d-a4a3-0afc7246e02fcopy