Solana-Based DePIN Project Grass Secures $10M from Polychain and Tribe Capital

The funding will support infrastructure expansion and enhance Grass’s internet-scale web crawl capabilities.

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Terms & Concepts
  • DePIN: Decentralized Physical Infrastructure Networks leverage blockchain to coordinate and incentivize deployment and usage of real-world infrastructure.
  • Solana: A high-performance blockchain known for fast transaction speeds and low costs, often used in scalable decentralized applications.
  • Web Crawl: Automated process of systematically browsing and indexing the internet for data collection and analysis.