DATA Foundation | Crypto

A June extension superseded the earlier schedule without identifying its start point, affected wallets or token amount. The post DATA Foundation (ex-Story Protocol) keeps insider tokens locked past deadline with no new unlock date appeared first on CryptoSlate.

Story Protocol is now the DATA Foundation as it aims to provide licensable data to AI firms that have “run out of internet to scrape.” Story Protocol, a layer-1 blockchain built around intellectual property licensing, is pivoting to artificial intelligence as it rebrands as the DATA Foundation. The company said Thursday that it will focus on building “essential infrastructure for training AI,” which it called “the most valuable and least solved category of IP.” “Frontier AI labs have hit a multi-billion-dollar data bottleneck, where the internet has been effectively exhausted for scraping,” the company said. “The remaining supply is either expensive and bespoke or legally undocumented, leaving labs without a way to source data at scale, prove its provenance, or guarantee its quality.” Read more