Virtual asset Story ($IP) said on the 26th that it is changing its name to Data ($DATA) and will integrate technologically with Kled, the world's largest user-consent-based artificial intelligence (AI) learning data contribution company. The Data Foundation plans to reorganize its business around AI data infrastructure.

The Data Foundation said that while operating a knowledge intellectual property (IP) network for AI, it noted that rights and compensation systems are insufficient compared with the high asset value of AI training data, and that it pursued integration with Kled to solve this problem.

Lee Seung-yoon, founder of Data (DATA, formerly Story) Foundation. /Courtesy of Data

Kled is a user-consent-based AI data contribution application (app) that provides real-time rewards for data voluntarily provided by users. It operates in a decentralized human-in-the-loop (HITL) manner. HITL is the concept that even if AI performs the overall work process, human intervention is essential at decisive moments. It is currently available on Apple's App Store and ranked No. 1 in downloads in the finance sector in four countries.

Kled, which holds 1.1 billion items of user-contributed AI training data, is currently receiving 3 million to 4.5 million file uploads per day. Through this, more than 12,000 standardized datasets have been built, including first-person-view videos, medical images, and urban mobility data. The collected data are used in Robotics (robot engineering) and physical AI (AI that moves in the real world).

With this technical integration, Kled's 1.1 billion contributed data items and all newly accumulated daily data will be registered on the Data Foundation's network and verified for source and consent as "Trace." Earlier, the Data Foundation unveiled Trace, a public audit layer that records the sources and licenses on the Blockchain for AI training data. Trace lays the groundwork for a data ecosystem that ensures fair compensation for AI training data contributors and complies with verifiable rules.

Through the integration with Kled, the Data Foundation will secure large-scale real users and real transaction volumes at once, while connecting every step—from data provision, utilization, and settlement to source verification—into a single trust framework. Kled provides data demand and volume, while the data network provides the infrastructure that verifies provenance and rights.

Each time a user registers data on the data network, a gas fee (a network fee paid to participants who record and validate the data) is incurred. The gas fee uses Story Coin issued by the Data Foundation and will be burned in the future. The more data that are registered, the more the supply of Story Coin decreases. Existing Story Coin will be exchanged with Data at a 1-to-1 ratio.

※ This article has been translated by AI. Share your feedback here.