Grass Network Hits $33M Annual Revenue, Governance Vote on Token Payouts Set for July 7

The decentralized network Grass, which allows users to sell unused internet bandwidth, is generating $33 million in annual revenue from AI customers. The income is in stable USDC tokens, representing actual business revenue.

A critical governance vote is scheduled for July 7. It will decide whether GRASS token holders can claim a share of this revenue. Currently, the token is used for governance, staking, and incentives, but it does not capture income from the commercial operations of Grass DataCo.

The project's revenue grew rapidly, from nearly zero in Q1 2025 to an estimated $12.8 million in Q4. Users contribute bandwidth via a browser extension or node; AI firms pay to access this data resource.

If the vote passes, the GRASS token would gain a direct link to stablecoin revenue. An airdrop distributing USDC rewards is expected around July 22. Concurrently, a $10.25 million token unlock is anticipated, which could create market volatility depending on the vote's outcome.