On June 25, the IP-focused blockchain infrastructure project Story officially rebranded to DATA Foundation, pivoting its business focus to AI training data. The team launched Trace, an on-chain data registration and audit platform. The native IP token will be migrated 1:1 to the new DATA token without any action required from holders. DATA also announced deep integration with AI training data marketplace Kled, bringing over 1.5 billion user-contributed data points onto the DATA network. Each data contribution generates an on-chain receipt recording source, authorization, contributor consent, and payment information, with settlement options in stablecoins or fiat currency.
On June 25, Story, a blockchain infrastructure project originally focusing on intellectual property, announced its rebranding to DATA Foundation, signaling a strategic shift toward AI training data. Concurrently, the team launched Trace, an on-chain data registration and audit platform designed to record data provenance, authorization methods, and payment details.
Token Migration Details
The native IP token of Story will be migrated at a 1:1 ratio to the new DATA token. Token holders do not need to take any active steps; the specific timeline and instructions will be announced later. The migration aims to unify the ecosystem asset and support the new data-driven economic model.
Data Integration and Trace Platform
DATA Foundation announced a deep integration with Kled, an AI training data marketplace, bringing over 1.5 billion user-contributed data points onto the DATA network. Through Trace, each data contribution generates a verifiable on-chain receipt that records the data source, authorization method, contributor consent, and payment information. Contributors can choose to settle in stablecoins or fiat currency, ensuring full transparency and auditability.
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