data royalties Archives - Coin Engineer https://coinengineer.net/blog/tag/data-royalties/ Btc, Coins, Pre-Sale, DeFi, NFT Tue, 12 Aug 2025 11:51:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png data royalties Archives - Coin Engineer https://coinengineer.net/blog/tag/data-royalties/ 32 32 What is Codatta (XNY)? AI-Powered Decentralized Data Network https://coinengineer.net/blog/codatta-xny-ai-decentralized-data-network/ https://coinengineer.net/blog/codatta-xny-ai-decentralized-data-network/#respond Tue, 12 Aug 2025 11:51:45 +0000 https://coinengineer.net/blog/?p=47866 Codatta is an AI-focused, open, and decentralized knowledge protocol. Its goal is to resolve data monopolies in centralized systems by creating a network that unites human contributions and AI agents. The project enables data producers and supporters, called “knowledge backers,” to continuously earn royalties from AI innovations powered by their datasets. Thus, knowledge becomes a

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]]> Codatta is an AI-focused, open, and decentralized knowledge protocol. Its goal is to resolve data monopolies in centralized systems by creating a network that unites human contributions and AI agents. The project enables data producers and supporters, called “knowledge backers,” to continuously earn royalties from AI innovations powered by their datasets. Thus, knowledge becomes a permanent digital asset controlled by its creator. 

About the Team 

The founding team consists of: 

  • Yi Zhang (CEO) 
  • Paul Pang (CTO) 
  • Kevin Wang (CPO) 

This core team is experienced in data-centric AI infrastructure. 

Investors and Notable Partners 

Codatta raised $2.5 million in a seed round in June 2024. Key investors and partners include: 

Concept and How It Works 

Codatta addresses issues like data silos, lack of integrity, and inefficiency caused by centralized systems. The project collects and organizes data from various sources, improving quality and reliability through both human and AI mechanisms. Embracing a multi-chain future and full interoperability, it guides AGI (Artificial General Intelligence) development. For this purpose, it has integrated the extensive BNB Chain ecosystem (L1 and opBNB) into the AGI network. 

Using a hybrid architecture, Codatta stores encrypted data off-chain to protect privacy, while proofs ensuring data accuracy and integrity are kept on-chain. Access permissions are managed via smart contracts, combining security and scalability. 

Codatta (XNY) Features 

  1. Data Confidence: Combines AI, human intelligence, and economic systems for high data quality. 
  2. Extensibility: Flexible infrastructure supports new data types and blockchain ecosystems with multi-chain interoperability. 
  3. Public Accessibility: A permissionless, decentralized protocol eliminating centralized data monopolies, allowing free access for developers, individuals, and other protocols. 

Roadmap 

  • 2023: Community-Focused Data Pipeline launched, creating initial datasets with 560 million annotations and 35 supported networks. 
  • 2024: Scaling knowledge, aiming for over 300,000 active contributors and 5+ million total submissions. 
  • 2025: Protocol decentralization planned, enabling verifiable and combinable data on Ethereum, Avalanche, and BNBChain. 
  • 2026 and beyond: Transition to data assetization and royalty-based payments, allowing contributors to earn continuous income from AI applications supported by their data. 

Token Economics and Use Cases 

XNY is Codatta’s native token, capped at 10 billion total supply, distributed as follows: 

  • Community: 48.0% (node incentives, airdrops, IDO participation) 
  • Foundation: 21.5% (liquidity, listings, protocol development) 
  • Team: 18.0% 
  • Investors: 12.5% 

XNY incentivizes quality contributions. Data providers earn XNY rewards for approved contributions. AI and DeSci projects use XNY to access necessary data assets. 

Token Info 

  • Total Supply: 10 billion XNY 
  • Max Supply: 10 billion XNY 
  • Circulating Supply: 2.5 billion XNY 

Official Links 

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