DATA is coming to @SuiNetwork.
The DATA Network and Trace are joining the Sui stack, bringing a live supply of rights-cleared AI training data to infrastructure built for AI workloads.
With 250M+ receipts already recorded by Trace, AI labs will be able to source real-world data with verifiable provenance, while @WalrusProtocol provides the underlying storage layer.
Sui Foundation is investing $30 million in the DATA Network, establishing the largest institutional stake in the network, alongside the continuing holdings of PIP Labs and the DATA Foundation. Furthering the alignment, SY Lee, founder of the DATA Network and CEO of PIP Labs, joins Sui Foundation as Strategic Advisor.
In the coming months:
▸ The DATA Network will be upgraded to run as a protocol natively on Sui
▸ Walrus becomes the default storage layer for DATA Foundation apps
▸ $DATA remains the token of the DATA protocol
The next chapter of DATA starts here.
Trace will join the @SuiNetwork stack in order to verify the data lifecycle:
→ Trace as the registry and provenance layer (who, what, where)
→ Walrus allows us to verify its actual contents
→ Seal protects the data and unveils to key stakeholders
One of the main reasons Sui stood out is they already built a lot of the components needed for Trace to grow as the data layer end to end:
- storage (walrus),
- dynamic access control (seal),
- verifiable (but off chain) compute like inference in TEEs (nautilus).
Sourcing, access control, processing and inference can now be all on the same stack, and Trace’s audit layer can formally prove and verify every single step giving more depth and weight to the metadata it stores in turn becoming a source of truth for AI data.
This is the master plan for Trace.
A bigger stack for what we're building.
With DATA moving to Sui, builders will be able to tap into provenance, storage, access control, and rights-cleared AI data across one ecosystem.
Lots more to build from here.
Trace registers over 3M data receipts EVERY DAY
Currently, we are able to surface tons of metadata related to a receipt's provenance:
- Did the contributor sign ToS/PP?
- Where did the data come from?
- When was it captured/uploaded? By what device?
This is the 1st major step in making the data that apps like @useKled collect SELLABLE to AI labs
But the next step is actually verifying ourselves that this information is true:
- Scanning the file itself to discover its metadata
- Verifying the data wasn't tampered with
- Keeping the original copy
By storing files on @WalrusProtocol, we can verify that every data receipt is what is says it is
And give frontier AI labs the complete confidence needed to purchase data in bulk
Trace turns any company into a data company
This is a big step forward for DATA with a $30M investment from Sui. This makes Sui Foundation the largest holder of DATA, above DATA Foundation and PIP Labs.
Our founder SY Lee is also joining Sui as a strategic adviser on AI and training data.
Most importantly, bringing Trace and the 275M+ data receipts onto the Sui stack gives us the infrastructure to go beyond provenance alone, with reference data storage, access control, and stronger verification for the real-world data AI increasingly depends on.
Excited for what we will build together.
Big step forward for DATA today. Sui Foundation is making a $30M strategic investment in the network, which makes it DATA's largest holder, above both the DATA Foundation and PIP Labs.
Every asset that became valuable at scale eventually got a system of record, from land titles to share registers. Data is becoming the asset that decides how good AI gets, and it still has none. Most of what models are trained on today carries no proof of where it came from or whether the people behind it ever agreed to share it.
Trace is that system of record, with 275M+ data receipts registered since June. On Sui it can go further. Walrus and Seal let Trace keep an encrypted reference copy of the original data and control who can access it, so every record can be checked against the data itself. That is the foundation for a world where AI training data can be owned and licensed like any other asset, with the people who create it sharing in the value.
I'm also joining Sui Foundation as Strategic Advisor to help build that future across the Sui stack.
Excited for what we build together.
Data (DATA) is now live on coinbase․com and in the Coinbase app. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
Asset availability varies by jurisdiction. https://t.co/vUKpJ1ohvo
Today, @coinbase is migrating $IP to $DATA.
▸ $IP trading on Coinbase paused Oct 5
▸ Conversion runs Oct 5 – 7
▸ $DATA trading opens on Coinbase once migration is done Oct 7
Please hold on deposits or transfers on $IP to Coinbase until then.
Status updates ↓
https://t.co/SMgsVQDrpW