Introduction

Grindery is a decentralized platform that simplifies Web3 interactions through a self-custodial, AI-powered, multichain, and multiplatform smart wallet. This wallet, accessible via Telegram, web browsers, and mobile devices, removes the need for traditional seed phrases while enabling seamless transactions across multiple blockchains. The ecosystem operates with two tokens: GX, the primary utility token for transactions, gas fees, and staking, and G1, a social token earned through network participation and convertible into GX. Grindery integrates AI-powered automation for streamlined workflows, while its decentralized governance model allows token holders to vote on platform updates and policies. With a focus on accessibility and security, Grindery is preparing for its Token Generation Event (TGE) on March 12, 2025, making GX available for trading on centralized and decentralized exchanges. The platform also introduces a Super Staking Program, encouraging user participation and rewards.

What is Grindery (GX)?

Grindery (GX) is a blockchain-based platform designed to simplify and enhance user interactions within the decentralized web. It offers a self-custodial, AI-powered multichain wallet that integrates across various platforms, including Telegram, web browsers, and mobile devices. This wallet eliminates the need for traditional seed phrases by employing ERC-4337 smart wallet standards, enhancing security and user experience. Users can manage assets across multiple blockchains, engage in gasless transactions, and utilize features like social recovery to regain access to their wallets without compromising security.

The platform’s native token, GX, is the universal currency within the Grindery ecosystem. It facilitates all network activities, including transactions, staking, and AI-driven automation. The GX token is available on both Ethereum and Polygon networks, adhering to the ERC-20 standard with a fixed supply of 1 billion tokens. Grindery also employs a dual-token system by introducing the G1 token, which users earn through activities like referrals, content creation, and governance participation. G1 tokens can be redeemed for GX, directly linking user engagement to the ecosystem’s value.

Grindery’s wallet is designed to be user-friendly, eliminating the need for complex seed phrases and offering features like social recovery and gasless transactions. By implementing ERC-4337 standards, the wallet transforms traditional wallets into flexible smart wallets, enhancing security and usability. This approach aims to make crypto accessible and secure for a broader audience, paving the way for mainstream adoption of blockchain technology.

The GX token is integral to Grindery’s ecosystem, powering transactions across the network, from individual wallets to merchant platforms and decentralized applications (dApps). Designed for long-term sustainability, the tokenomics include vesting schedules and lockups to ensure commitment from the team and investors. The GX token fuels network activity and unlocks ecosystem features for potentially millions of users worldwide.

Grindery’s tokenomics are structured to ensure long-term sustainability. Vesting schedules and lockups are in place to maintain commitment from the team and investors, aligning their interests with the project’s success. This structure aims to stabilize token value, ensure sustainable growth, and reward long-term commitment within the ecosystem.

The platform also offers a Smart Staking program, allowing users to earn 10% APY paid in G1 tokens by simply holding USDT in their Grindery Wallet on the Polygon Chain. This program requires no lockups, and users can withdraw anytime without penalties. Additionally, for every $1 USDT held, users receive a 1% boost on all their other G1-earning activities, up to a 100% boost, enhancing the overall reward experience.

History, Team, Investors of Grindery

Grindery was founded in 2021 as a platform that simplifies interactions between smart contracts and Web2 APIs. The company is headquartered in Bellevue, Washington, United States. It focuses on enabling automation for blockchain-based applications by integrating Web3 services with traditional digital tools. According to RootData, Grindery was created to address the growing need for seamless automation in decentralized applications.

The executive team includes Tim Delhaes as Co-Founder and Chief Executive Officer, Joe Hu as Chief Technology Officer, and Alberto Contreras as Co-Founder and Partner. Lital Barkan serves as Chief Marketing Officer, and Thinh Porrmann is Co-Founder and Head of Investment. The team has experience in blockchain development, marketing, and investment strategies.

Grindery has received investment from Binance Labs, Algorand Technologies, Ankr, BlackDragon, and Coinko. Gate.io, the sponsor of this article, is also listed as an investor. Additional support has come from blockchain platforms such as NEAR, Flow, and Harmony. These partnerships have helped expand the platform’s reach and development.

In July 2022, Grindery secured early-stage venture capital funding. It was also selected for Binance Labs Season 4, an incubator program for blockchain startups. According to PitchBook, this funding round was critical in scaling the development of Grindery’s automation layer and expanding its integrations beyond Ethereum.

Grindery Main Features

Smart Staking

Grindery’s Smart Staking program allows users to earn staking rewards with flexible conditions. Unlike traditional staking mechanisms that require long lock-up periods, this program enables participants to stake tokens without fixed-term commitments. The base Annual Percentage Yield (APY) is set at 10%, but users can increase their rewards up to 100% depending on the amount staked and their participation level in the ecosystem.

TON Smart Staking

Integrating TON Smart Staking expands Grindery’s staking capabilities beyond its native ecosystem. By supporting TON token staking, the platform enables users to participate in staking on the TON blockchain while benefiting from Grindery’s interface and reward structures. This integration aligns with Grindery’s goal of offering multichain staking solutions, allowing users to interact with different networks without switching between multiple platforms. TON staking increases accessibility for users interested in diversified staking strategies.

Comunitty VCs

Grindery’s Community VCs initiative allows users to participate in decision-making and contribute to funding new projects within the ecosystem. This model enables community members to engage with early-stage projects and contribute to governance mechanisms that shape the platform’s direction. Community VCs offer a decentralized alternative to traditional venture capital, distributing influence among active participants rather than concentrating it in institutional investors.

Grindery’s Technical Architecture

Grindery’s technical architecture enhances digital asset management and automation. Central to this architecture is an account abstraction system developed in collaboration with leading ERC-4337 developers. This system enables a secure and deterministic address framework, allowing wallet addresses to be mapped to familiar identifiers such as email addresses, phone numbers, and social media accounts.

Grindery’s automation infrastructure complements the account abstraction. Initially conceptualized as a “Zapier for Web3,” this infrastructure has evolved to support AI agent technology, facilitating the development of intelligent applications. This automation layer provides the foundational components for AI agents to interact with blockchain networks and external systems, streamlining complex processes and enhancing user experiences.

What is the Grindery’s Token?

GX Token Utility

GX functions as the primary means of exchange within the Grindery platform. Users utilize it to execute smart contract transactions, access integrations, and automate workflows without relying on centralized intermediaries. The token also supports staking mechanisms, allowing participants to earn rewards by securing the network and contributing to governance decisions.

Holders of GX tokens can engage in governance by voting on protocol upgrades, incentive structures, and ecosystem developments. This structure enables a community-driven approach where decision-making is distributed among token holders rather than a centralized authority. Additionally, GX is used for premium feature access within the Grindery ecosystem, providing users with enhanced capabilities and priority access to new automation tools.

GX Supply and Allocation

The total supply of GX tokens is structured to balance network sustainability, user incentives, and long-term ecosystem growth. The distribution is as follows:

• Community (28%) – The largest allocation is directed toward the community, ensuring that active participants, developers, and users are rewarded for contributing to the ecosystem. These tokens support various engagement initiatives, staking rewards, and participation incentives.
• Treasury (20%) – A portion is allocated to the treasury to fund future development, ecosystem expansion, and operational sustainability. These funds ensure the long-term viability of the Grindery project.
• Team (20%) – Tokens are reserved for the Grindery team, aligning incentives for developers, strategists, and contributors working on the project. These tokens are subject to vesting schedules to ensure long-term commitment.
• Institutional (15%) – Institutional partners receive a share of the supply, contributing to strategic partnerships, ecosystem support, and fostering adoption among enterprise-level users.
• Staking & Lending (10%) – A portion is designated for staking and lending programs, encouraging users to participate in network security and liquidity mechanisms while earning rewards.
• IDO & DEX Liquidity (7%) – This allocation supports initial decentralized exchange (DEX) liquidity and initial decentralized offering (IDO) participation, ensuring accessibility and liquidity for GX tokens in the market.

Grindery’s Economic Design

Grindery’s economic model is designed to create a self-sustaining ecosystem that rewards participants while ensuring the platform’s longevity. The fixed token supply introduces scarcity, which can enhance the token’s value as demand within the ecosystem grows. Incentive mechanisms are designed to encourage continuous user engagement, with rewards distributed based on the quality and quantity of data contributions.​

Transaction fees within the platform are denominated in GX tokens, creating a consistent demand for the token as users interact with various services. A portion of these fees may be burned or redistributed to token holders, implementing deflationary measures that can further support token value.

Grindery Governance

Grindery’s governance framework is designed to empower its community and ensure that stakeholders have a direct influence on the platform’s evolution. Central to this framework is the GX token, which serves as a utility token and a means for governance participation. Holders of GX tokens are granted voting rights, enabling them to propose and decide on various aspects of the platform’s development and operations.

To further enhance community involvement, Grindery has allocated a significant portion of the GX token supply specifically for community engagement. This allocation is distributed through the G1 token, which users can earn by participating in activities such as referrals, content creation, and governance initiatives. The earned G1 tokens can subsequently be redeemed for GX tokens, directly linking community contributions and governance participation.

Grindery’s commitment to decentralized governance is further exemplified by its exploration and discussion of decentralized autonomous organizations (DAOs). By examining DAOs’ evolution and challenges, Grindery aims to implement best practices and innovative solutions to foster effective governance within its own ecosystem.

Conclusion

Grindery is a decentralized automation and smart contract integration platform designed to simplify Web3 interactions through its multichain smart wallet and AI-powered automation. It enables users to manage assets, execute transactions without seed phrases, and participate in GX token governance. The platform’s tokenomics support long-term sustainability through structured allocations for community rewards, staking, and institutional partnerships. Governance is decentralized, allowing token holders to influence decisions and platform developments.