PANews|Jun 25, 2026 15:04
[Story Transforms into DATA Foundation, Native IP Tokens to Migrate to New DATA Tokens at a 1:1 Ratio]
According to The Block, Story, previously focused on on-chain intellectual property infrastructure, has been renamed DATA Foundation, shifting its business focus to AI training data and launching an on-chain data registration and auditing platform called Trace. DATA also announced a deep integration with the AI training data marketplace Kled, connecting over 1.5 billion user-contributed data entries to the DATA network. Through Trace, each data contribution will generate an on-chain receipt, recording the data source, authorization method, contributor consent, and payment information, supporting settlement to contributors in stablecoins or fiat currency. Story's native IP tokens will migrate to the new DATA tokens at a 1:1 ratio, with holders not needing to take any action. Specific timelines and guidelines will be announced later.
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