Story Protocol rebranded to DATA Foundation, betting on AI data after an 98% plunge
Story Protocol has officially renamed to DATA Foundation, with the IP token 1:1 converted into DATA ๐
Having shifted comprehensively from the intellectual property chain to AI training data infrastructure, it launches an on-chain registration system called Trace. It generates encrypted credentials for each piece of data, making it easier for AI companies to verify data origins and licensing history ๐
It has already been integrated with Kled, with cumulative registration of over 1.1 billion user data records. However, the IP token has crashed 98% from its peak. Although it rebounded by about 15% after the news was announced, team/investor tokens will still be unlocked in August 2026, so selling-pressure risk remains high โ ๏ธ
The narrative jumps from IP to AI Dataโcan it turn things around this time?
#DATA #AI #Web3
$DATA $STORY
$DATA $STORY