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Multicoin Capital backs Grass, a project sharing internet bandwidth for AI data processing.

Protocol Fundamentals
30 Sep 2026, 03:31 WIB
Tokenpost
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Bullish
Multicoin Capital backs Grass, a project sharing internet bandwidth for AI data processing.

Multicoin Capital has invested in Grass through its hedge fund and venture capital arms. Grass is a decentralized physical infrastructure project that connects shared internet bandwidth with artificial intelligence workloads. It incentivizes users to share their unused internet bandwidth, which AI labs then use to collect and process publicly available internet data. This model could enhance AI data processing efficiency by leveraging distributed internet resources.

The story on Multicoin Capital's investment in Grass, a DePIN bandwidth network, provides context for readers interested in decentralized infrastructure projects. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 30, 2026 07:02 WIB: out of 50 major cryptocurrencies, 22 rose and 27 fell. Kusama (KSM) gained 4.39% with 94% of Pluang order activity on the sell side and a typical hold time of 79 days, contrasting with The Graph (GRT) which dropped 4.52% and saw 54% sell orders and a longer hold time of 98 days. Compound (COMP) rose 3.98% with a balanced buy/sell order activity and a hold time close to GRT's at 97 days.

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