The Sui Foundation has announced a $30 million investment to support DATA Network’s migration to its infrastructure. DATA Network, formerly known as Story Protocol, will cease operating its own Layer 1 blockchain to function as a native protocol on Sui. The project will now focus on data provenance, licensing and audit services for AI training. The network has registered over 250 million on-chain data entries, with its flagship integration Kled reaching 1.5 billion user-contributed data records. DATA token holders await clarification on the future of their tokens once the old blockchain is shut down.
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