Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui
The Sui Foundation announced a $30 million investment in DATA Network as the project moves its AI training-data registry onto Sui. DATA Network is set to retire its standalone chain, while its token and registry activity shift into Sui’s stack alongside Walrus for storage.
What this rests on
Claim by claim, with its source
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The Sui Foundation announced a $30 million investment in DATA Network.
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DATA Network is set to run natively on Sui, and its independent chain will be retired.
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Trace’s registry has more than 250 million verifiable receipts.
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The DATA token is set to move onto Sui one for one.
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Walrus is set to become the default storage layer for DATA Foundation applications.
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Support for validator staking and smart contracts on the chain formerly known as Story is set to wind down.
Market reaction
-1.16 %
before publication
+9.99 %
after
$0price at publication
12series points
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
The Block
scoop
Oct 12 02:00
Breaks the event: $30M
+5 min
Crypto Briefing
context
Oct 12 02:04
Its angle: scalability, potentially, migrations
+1 h 5 m
The Daily Hodl
context
Oct 12 03:04
Its own its angle
+2 h 24 m
crypto.news
echo
Oct 12 04:23
No new facts: shuts, which
+2 h 48 m
Oct 12 04:47
CR
CryptoPotato
echo
No new facts: press
+3 h 16 m
Oct 12 05:15
+7 h 23 m
crypto.news
echo
Oct 12 09:22
No new facts: investing, handling, millions
+7 h 44 m
Cryptonews.com
adds
Oct 12 09:44
Brings into the story: SUI, with quotes
+7 h 45 m
Unchained
context
Oct 12 09:44
Its angle: foundations, equivalent, newsletter; with quotes
+7 h 55 m
ZyCrypto
echo
Oct 12 09:54
No new facts: requirement, procurement, litigation
+13 h 48 m
The Defiant
echo
Oct 12 15:48
No new facts: contracts, validator, balances
+14 h 30 m
The Coin Republic
echo
Oct 12 16:30
No new facts: decentralized, intelligence, implications; with quotes
+16 h
Sui
echo
Oct 12 18:00
No new facts: increasingly, programmable, takeaways
+23 h 30 m
AMBCrypto
echo
Oct 13 01:30
No new facts: although, partners, toward
Where this sits in the Data Network series
| When | What happened | Figure |
|---|---|---|
| 19 days ago | DATA a 0.2427 $ high | today it sits -25.1 % from there |
| today | DATA a 0.1804 $ low | today it sits +0.8 % from there |
From what we have stored, starting 22 days ago.