Story Protocol has rebranded as the DATA Foundation after replacing its original intellectual property licensing strategy with a new focus on AI training data infrastructure.
Summary
- Story Protocol has rebranded as the DATA Foundation to build infrastructure for licensed AI training data.
- The project launched Trace, an on-chain registry, while integrating Kled and Poseidon into its AI data network.
- DATA token climbed 16.7% after the announcement, outperforming a crypto market pressured by inflation-driven selling.
According to the company’s Thursday announcement, the layer-1 blockchain project will now build systems for sourcing, verifying, licensing, and paying…
