Grass Wallet: How to Activate It
44sPractical step-by-step guide that viewers need right now, combined with the excitement of a new crypto wallet launch.
▶ Play ClipAI Summary
This video demonstrates how to activate the new self-custody wallet from Grass, a crypto project that rewards users for sharing internet bandwidth to train AI models. The creator walks through the activation process, explores the wallet's features, and then critically analyzes whether the project is still worth participating in after a disappointing second season airdrop.
Chapters
[00:01]
Introduction to Grass Wallet
The video begins with the host announcing they will show how to activate the new self-custody wallet from Grass, a project that rewards users for sharing internet bandwidth to train AI models.
[00:27]
Official Announcement
The host references an official Grass announcement from two days prior, which introduced the GRES card and membership card, providing a link for more details.
[00:41]
Wallet Activation Steps
The host navigates to the Grass dashboard, clicks on the wallet section, and proceeds through the activation process, including entering an OTP code sent to their device.
[01:19]
Wallet Features Overview
After activation, the host explores the wallet interface, noting that the total balance shows zero, and highlights features like staking (with a 5.8% yield), swap (not yet active), and the wallet address for deposits.
[02:34]
Allocation and Update Requirement
The host discovers that the allocation feature is only available to users with fully updated apps, prompting them to update the Grass desktop app, but they encounter issues with the update process.
[03:16]
Technical Difficulties
Despite downloading the latest version, the host is unable to access the allocation feature, expressing frustration and moving on to a broader analysis.
[03:30]
Project Analysis via Grok
The host uses Grok (an AI tool) to get a quick analysis of the Grass project, which highlights positive aspects (staking utility, revenue sharing, platform expansion) and negative points (shaken community trust, competition, token volatility).
[04:36]
Future Concerns
The host speculates that as AI companies accumulate enough training data, they may no longer need to purchase content from projects like Grass, potentially making the token less valuable in the long term.
[05:03]
Community Sentiment
The host acknowledges that many community members have lost faith in the project after the disappointing Season 2 airdrop, and some may stop farming, though the host plans to continue since it's already connected.
[05:28]
Token Listing and Future Outlook
The host notes that the GRZ token is listed on Binance Alpha and could potentially move to Binance Spot, which might positively impact its price, but remains cautious about the project's long-term viability.
The video provides a practical walkthrough of activating the Grass wallet, but the core message is a critical evaluation of the project's future. The host concludes that while the token might see short-term gains from exchange listings, the long-term value is uncertain due to community distrust and potential market saturation of training data.
Mentioned in this Video
Tutorial Checklist
4
01:19
After activation, explore the wallet interface, noting the balance and available features like staking.
Study Flashcards (5)
What is the Grass project?
easy
Click to reveal answer
What is the Grass project?
easy
Click to reveal answer
A crypto project that rewards users for sharing internet bandwidth to train AI models.
00:01
What is the staking yield offered in the Grass wallet?
easy
Click to reveal answer
What is the staking yield offered in the Grass wallet?
easy
Click to reveal answer
5.8%
02:08
What feature is not yet active in the Grass wallet?
medium
Click to reveal answer
What feature is not yet active in the Grass wallet?
medium
Click to reveal answer
Swap
02:08
What is required to access the allocation feature in Grass?
medium
Click to reveal answer
What is required to access the allocation feature in Grass?
medium
Click to reveal answer
Users must have the fully updated app to the latest version.
02:34
What are the negative points of the Grass project according to Grok's analysis?
hard
Click to reveal answer
What are the negative points of the Grass project according to Grok's analysis?
hard
Click to reveal answer
Shaken community trust, competition from other projects, token price volatility, and dependence on continued adoption by paying customers.
03:57
💡 Key Takeaways
🔧
AI-Powered Analysis
Demonstrates the use of AI tools like Grok for quick project analysis, a practical technique for crypto investors.
03:30
💡
Market Saturation Risk
Highlights a critical risk: as AI companies accumulate data, they may stop buying from projects like Grass, potentially devaluing the token.
04:36
📊
Community Trust Erosion
Shows how a disappointing airdrop can severely damage community confidence, a key factor in crypto project success.
05:03Full Transcript
[00:01] high-custody wallet. Then I'll show you how to activate it and other details. Come with me. Let's go, everyone! Let's go, because the blessed saying "blessed" to avoid saying something else, because everyone got
[00:13] for you guys about people getting upset about the airdrop distribution. For sure. I agree with everyone that it was a pittance, but even fractions in there. So I'm going to show you how to activate the wallet.
[00:27] the former GR page, which has 564,000 followers. They posted here, on the 22nd, the day before yesterday, that we presented a GRES card. Click here to show more; you can see more details about the membership card here.
[00:41] everyone! Once you're inside the dashboard, OK? Dashboard from Grass itself, OK? Dashboard here. Here it is. It's updated here on the left. I'll put an arrow and a circle for you. Here it is, wallet.
[00:55] Click here, you'll get to this part. You're going to click here. Click here to continue. And now we're going to move forward so we can start making our membership cards here. They just sent a multi-digit code to
[01:07] OTP code, put it here, and confirm code. Now just click here to verify. Okay, great job! Now we can proceed with creating the account. Here, look. Now show it
[01:19] on men's wallet. Remember everyone, this video is not self-analysis. Today's video here is a criterion analysis for everyone in Crypto. And today we're doing an analysis here about the wallet, the new
[01:31] self-custody wallet from Grass, from the blessed Grass, right? Let's click here, look, manage wallet. And that's it, folks, it went straight here! We went straight to the membership card. Here's a total of zero. I don't even know why it's zero, because I had
[01:43] earned a few tokens here, but it shows up here. Let me click refresh here to see. It shows that the total balance is zero, the sun is zero, and USDC is zero, and GR is
[01:55] had earned a little bit of USDC here. What are you going to do? Here it is, Wallet underdress. Here's the address for the membership card where you can make the deposit. The draw function isn't active yet. Since only one swap isn't active either. We have the
[02:08] swap isn't active either. We have the steak portion here, a steak that draws steak portion here, a steak that draws rewards, and a PR of 5.8%. Here, draw client stake; the stake is open here. It has a yield
[02:20] of 5.8%. That's all , folks. Just that. And I'll zeroed out here. Hey guys, I found an important detail here, even though it's a tiny amount, right? Click here on allocation, it will be here, look there.
[02:34] still available to create the client. Why? Let me click here. Update here. only available to users with fully updated apps. Update your app to the latest version to participate in the raffle.
[02:48] right? So let's click here, on the update section to see the latest version. Click here. It was directed to the app section here, the grass download, and to the desktop app here. I'm going to click here to download. It was directed to the
[03:03] Play Store. This approach isn't working. I'm going to click back to the Grass Desktop so I can try to create this client for this location. Well, guys, it's not working. I even downloaded their program right here.
[03:16] I downloaded it here, connected, and it's not allowing me to download the do the Click. I'll wait a little while. This season we received USDC potential? Could it be? I did a quick search here on Grock,
[03:30] guys. And he answered here dryly, right here, look . Yes, the potential of the Grés project. And he said a few things here, even if it's out of frustration, right? Frustration from the first season was still good. The second season was terrible,
[03:43] talking about here, the current scenario, right, which is a PIN project related to AI, training AI, the token supply here of 1 billion, has the utility of staking the tokens and expectations for the future. They mention positive aspects,
[03:57] revenue and sharing boom, and the expansion of the platform to new desktop functionalities, apps, and much more. Negative points: shaken reliability. Everyone who was farming was really shaken, they were furious
[04:10] because they lost confidence in the project. PIN competition and the date, that is, of other projects that are coming out. The token's price is volatile, that's because of the market, right? And dependence on continued adoption by A's paying customers
[04:22] solid foundations, OK? Depending on the market, etc. and so on. But of course it depends on many factors. I spoke to you, the community, the market. Well, I think that when the time comes, I don't know, right? When it comes time to train, selling
[04:36] all the content that trains AI, many AI projects, many the companies, the large companies will no longer need this content and will end up dispensing with this content sale, in the case of GRS, right? When
[04:49] offer to large corporations, their project will eventually become useless badly for the token. But I already know everyone's answer. Everyone lost faith in the project. Not everyone's going to continue, I think, right?
[05:03] continue farming anymore. Yes, I said, many people have asked me, a day, it's just there and it's going to keep farming, it's not going to change anything for me, it's not going to be more or less. Since it's already connected, it will keep farming
[05:16] there. Whether I see potential in the project or not is already very difficult, folks, not to mention losing confidence, and also because the future market will eventually overloaded with so much information that they've already sold to large companies,
[05:28] n't appreciate in value. But that's much further down the line. Even after taking a closer look, the GRZ token is on Binance Alpha, right? On Binance Alpha. If it's really on Binance Sports, etc. , the token might
[05:42] Let me know in the comments what you think of the project. Is it really not going anywhere anymore ? Do you think it might work out well in a bull market or not? Leave a . If you liked it, sit down and give it a
[05:55] everyone, and subscribe to the channel. We're in this together, it's us. And I went.
