DATA Network to migrate to Sui, retire own chain

The migration is backed by a $30 million investment from Sui Foundation.

DATA Network, formerly known as Story, is planning to retire its independent blockchain and move its AI training data protocol to Sui, backed by a $30 million investment from Sui Foundation.

The project’s Trace registry, which launched in June, will join the Sui ecosystem, while Walrus, a decentralized storage platform in the Sui ecosystem, will become the default storage layer for applications operated by DATA Foundation, its partners said on Monday.

The partners pointed to Sui’s ability to process millions of daily data registrations and Walrus’s capacity to store large training datasets as reasons for the move.

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