Story has been renamed the DATA Foundation, and its native IP token will be migrated to the new DATA token at a 1:1 ratio.

Story, a project focused on on-chain intellectual property infrastructure, has been renamed DATA Foundation, shifting its business focus to AI training data and launching the on-chain data registration and auditing platform Trace. Story’s native IP tokens will be migrated 1:1 to the new DATA tokens, with holders not required to take any action; specific timelines and guidelines will be announced later. DATA also announced deep integration with AI training data marketplace Kled, bringing over 1.5 billion user-contributed data entries onto the DATA network. Via Trace, each data contribution generates an on-chain receipt that records data source, authorization method, contributor consent, and payment details, supporting settlement to contributors in stablecoins or fiat currency.