Sui Foundation just announced a $30 million investment, making it the largest institutional holder of $DATAIP 💥
Half an hour after the news broke, the price was up about 9%.
What is DATAIP?
👉 Formerly Story ($IP), it was renamed DATA Network in June and pivoted to verifying ownership and tracing the origins of AI training data
👉 Its core product, Trace, issues a “receipt” for every piece of human data. It has recorded over 250 million entries
Key points of the partnership:
1️⃣ It will upgrade to a Sui-native protocol, and its standalone chain will be retired
2️⃣ Walrus will become the default storage layer
3️⃣ The token will remain unchanged, and founder SY Lee will serve as a strategic advisor to the Sui Foundation
As AI increasingly needs “human data that can be legally used,” this sector has room to grow.
⚠️ But only about 35% of the total supply is circulating, with more tokens continuing to unlock; the migration timeline hasn’t been announced either.
Abandoning its own chain and moving to Sui—do you see this as bullish or as throwing in the towel? 👇
#DATAIP #SUI🔥 #AI