Story Protocol Rebrands as DATA Foundation, Targets AI Training Data

Story Protocol rebranded as the DATA Foundation, pivoting from general intellectual-property to AI training data infrastructure. The group will operate an onchain registry and a platform issuing cryptographic receipts for dataset provenance and licensing. The rebrand follows a 98% token price drop and scrutiny over a token unlock delay, despite raising $140 million in funding.

Story Protocol has rebranded as the DATA Foundation and is shifting from a general intellectual-property focus to infrastructure for AI training data, according to CoinDesk. CoinDesk reports the group will operate an onchain registry called the DATA Network and a Trace platform that issues cryptographic receipts documenting dataset provenance, licensing, consent terms, and payment history. The change follows public scrutiny: Decrypt reports Story Protocol's native token fell about 98% , and CoinDesk says the project faced attention in February over a token unlock delay. CoinDesk also reports the organisation has raised $140 million in cumulative funding led by a16z crypto and that Kled AI integration has registered 1.1 billion user-contributed records, per CoinDesk's reporting and an email interview with Avi Patel.