The question of whether GRASS token will be listed on Binance continues to be a hot topic within the cryptocurrency community. While enthusiasm is growing and recent price trends appear positive, some industry observers remain skeptical about the project's transparency and long-term viability.
Many are curious whether GRASS can truly meet the high expectations set by its community or if underlying factors might hinder its progress toward major exchange listings.
Speculation Around GRASS Token Listing on Binance
Recent speculation stems from a tweet by Binance's official African branch account, which many interpreted as a hint that GRASS might be among the next assets listed.
“It’s a good day to touch some grass,” the account posted on X on Sunday, November 3, 2024.
Additionally, when examining Binance’s official requirements for new project listings, GRASS appears to meet several key criteria. If the rumors prove true, this would mark a significant milestone and provide clarity to community members eagerly awaiting an official listing announcement.
Over the past few months, Binance has also published multiple articles discussing the GRASS project in detail, further fueling speculation.
First, one of Binance’s core listing requirements is that a crypto project must have a minimum viable product or a functional application. GRASS seems to satisfy this condition, as it already offers a working platform that allows users to monetize their unused internet bandwidth. The project also features additional programs such as referral rewards and staking.
As stated in Binance’s guide: “Only apply for listing if you have at least a minimum viable product; otherwise, your application will not pass the initial screening stage.”
Second, Binance emphasizes the importance of mass user adoption and a large user base. The guide further explains: “You should focus on user adoption. You may include user statistics in the application form to aid our screening process.”
The GRASS network reportedly has over 2.5 million active users, which could serve as a strong advantage in the listing evaluation process.
Third, Binance requires projects to provide regular updates to their community and to the exchange. The guideline states: “Update your project’s progress to the community and to us regularly (e.g., weekly or monthly). This is required even after being listed on Binance.”
GRASA has maintained consistent communication through various official channels, providing routine announcements about platform developments. These efforts align with Binance’s expectations for project transparency and engagement.
Moreover, according to CoinMarketCap, GRASS recently surpassed Bitcoin and other leading cryptocurrencies in terms of user interest and search volume, indicating significant public attention and strengthening the case for a potential Binance listing.
Is GRASS a Strong Candidate for Binance Listing?
Despite growing optimism, several concerns regarding the GRASS project deserve serious attention.
An investigation by BehindMLM pointed out that the project does not disclose ownership or executive details on its website, raising questions about its transparency and legitimacy. The website is registered under a shell company with a suspicious management structure.
The report noted: “An SEC Form D filing on January 1 indicates that Lower Tribeca Corp is a suspected shell company registered in the Bahamas. Christopher Nguyen is the only director mentioned in the filing.”
This lack of clarity is concerning, especially since Nguyen is also linked to Wynd Network, which recently rebranded as Wynd Labs but still does not provide clear ownership information. The use of shell companies often signals opaque operational practices, posing potential risks for investors.
Additionally, the BehindMLM report suggested that GRASS primarily focuses on affiliate membership rather than offering retail products or services. This structure may indicate that the platform emphasizes recruitment over delivering real value to users.
The investigation stated: “Grass does not have any product or service that can be resold. Affiliates can only market Grass affiliate membership itself.”
Furthermore, while GRASS is designed as a decentralized network aimed at providing access to public web data for AI model training, there are concerns about where and how this data is sourced.
The project does not clearly disclose the origins of its AI training datasets, which could lead to legal risks—especially amid rising copyright-related lawsuits in the AI industry.
Data from SimilarWeb showed that the official GRASS website received around 11.3 million monthly visits in February 2024. Although this is a notable figure, nearly 20% of this traffic originated from China and Russia, leading to questions about the value of internet connectivity in these regions.
Considering these factors, investors and community members should exercise caution and perform thorough due diligence despite the excitement around a potential Binance listing.
Key Backers Strengthen Listing Speculation
Speculation around a Binance listing is further supported by the project’s institutional backing. Wynd Labs, the company behind GRASS, is supported by several prominent venture capital firms, including Polychain Capital.
Polychain Capital is a well-known crypto venture firm that has previously backed major projects such as Manta Network, which successfully raised a $25 million Series A round with participation from Polychain and other investors.
According to investment tracking platforms, Polychain has also supported other leading projects like EigenLayer, Solana, Uniswap, and Cosmos. Many of these projects eventually achieved listings on top-tier exchanges, including Binance.
Given this track record, there is reasonable optimism that GRASS may follow a similar path.
When Will GRASS Token Be Listed on Binance?
As of now, there is no official confirmation from Binance regarding the listing of GRASS token. However, with growing market enthusiasm— evidenced by a 90% price increase over the past week—many speculate that an announcement could be imminent.
Other major exchanges have already taken steps to list GRASS. Crypto.com announced its intention to list the token, stating: “We will list GRASS for trading on Crypto.com Exchange once liquidity meets our requirements.”
Other platforms such as KuCoin, Bitget, and OKX also began supporting GRASH trading on October 28, 2024. This wave of acceptance may encourage Binance to follow suit sooner rather than later.
👉 Explore real-time listing updates
While the exact timing remains uncertain, the possibility of a Binance listing appears stronger than ever. Nevertheless, investors are advised to stay informed and consider both the opportunities and risks involved.
Frequently Asked Questions
What is GRASS Token?
GRASS is a decentralized network token that allows users to monetize their unused internet bandwidth. It also supports AI training through public web data sourcing and offers additional features like staking and referral programs.
How can I buy GRASS Token?
GRASS is currently available on several exchanges including KuCoin, Bitget, and OKX. It is not yet listed on Binance, but that may change pending an official announcement.
Is GRASH a good investment?
Like many cryptocurrencies, GRASS carries both potential and risk. Its recent performance and user growth are promising, but concerns over transparency and legal compliance should be carefully evaluated.
What are the main use cases for GRASS?
The primary use cases include earning rewards by sharing bandwidth, participating in network referrals, staking tokens, and contributing to AI data networks.
Who owns the GRASS project?
Wynd Labs is the company behind GRASS, but full ownership details are not publicly disclosed. The project has backing from venture firms including Polychain Capital.
Will GRASS be listed on Binance?
There is no official confirmation yet, but growing user interest and prior listings on other exchanges suggest it is a possibility in the near future.