Palo Alto, California, 24th July 2026, Chainwire
Palo Alto, California, July 24th, 2026, Chainwire
The milestone comes alongside a rising onchain income mannequin for real-world AI knowledge, as Upbit runs a four-day $DATA buying and selling competitors for eligible customers
The DATA Network (“Community”) has surpassed 100 million knowledge registrations onchain, reaching the milestone alongside a income mannequin pushed by actual, onchain community utilization. Coinciding with the milestone, Upbit, one in every of Korea’s largest digital asset exchanges, is working a four-day buying and selling competitors for $DATA, which has traded on the change since July 8.
Upbit is working a four-day occasion from July 24th – July 27th on its official event page. Over the 4 days, contributors can participate in a quiz explaining what $DATA is (out there on days one and 4), deposit $DATA onto Upbit, and full buying and selling missions to climb a leaderboard for top-trader rewards.
The buying and selling occasion is obtainable solely on Upbit. It’s out there solely in eligible jurisdictions and isn’t out there to US individuals or to residents of OFAC-restricted jurisdictions. Full guidelines and eligibility are revealed on Upbit’s official channels.
Users can join the 4-Day DATA Challenge here
A Community Constructed for Actual-World AI Knowledge
When the group rebranded from Story to The DATA Basis, it centered the whole DATA Community on a single function: sourcing, proving, and processing real-world knowledge for the AI labs that want it. The precedence has been to construct issues which might be helpful and that generate income for the long-term well being of the Community.
The Community launched our flagship product, Hint, an audit layer that provides AI labs the authorized receipts they should belief the information they practice on. Additionally they onboarded Kled onto the Community as an anchor knowledge contributor.
AI has run out of usable public web to coach on. The following era of fashions relies on real-world knowledge that principally lives with folks fairly than on the open internet, and that knowledge has by no means had a clear strategy to be licensed, paid for, or confirmed. Impartial analysts worth the marketplace for licensed AI coaching knowledge within the billions of {dollars} immediately, and it’s anticipated to proceed on a path of exponential progress within the subsequent decade. The Community exists to construct the rails for that market, and 100 million registrations is early proof it may be constructed.
DATA’s Income Mannequin
Community exercise now generates every day onchain income. Chain charges run within the 1000’s of {dollars} every day, up greater than 200x from ranges a number of weeks in the past, which has moved the Community into the top 20 by chain fees.
Each registration is a everlasting onchain document by way of Hint: proof of what the information is, who contributed it, whether or not they have been paid, and on what phrases. Creating that document requires a charge paid in $DATA. The provenance that AI labs are prepared to pay for is identical factor that generates community income, as a result of it’s the identical occasion. As registrations scale into the hundreds of thousands per day, income scales with them, which is why it has climbed alongside registrations fairly than instead of them.
New registrations are working at roughly three to 5 million per day and Kled alone remains to be working by way of a backlog of over one billion recordsdata, with over 900 million left to register at greater than three million per day. Anybody can comply with the Community’s exercise on public dashboards, together with DefiLlama and our Blockscout explorer.
“Registration rely is the KPI we watch most intently, as a result of it’s the most direct measure of the Community getting used for its precise function”, stated Andrea Muttoni, CEO of The DATA Basis.“ What exists immediately is the early a part of a curve we anticipate to compound. The pipeline of contributed knowledge is massive and rising, the apps driving it are nonetheless ramping, and every new registration provides to a base of licensable, rights-cleared knowledge that AI labs more and more want and can’t get from the open internet.”
Concerning the DATA Basis
The DATA Foundation helps the DATA Community, an infrastructure community for sourcing, proving, and processing real-world knowledge for AI, offering onchain provenance, licensing, and fee rails so human-contributed knowledge will be trusted and utilized by AI labs.
Disclaimer: The Upbit buying and selling occasion is operated by Upbit and restricted to eligible jurisdictions; it isn’t out there to US individuals or OFAC-restricted jurisdictions. Nothing on this launch is monetary recommendation or a proposal, solicitation, or suggestion to purchase, promote, or maintain any digital asset.
Contact
Henri Viès
henri.vies@piplabs.xyz
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