DATA Network to migrate to Sui, retire own chain
The migration is backed by a $30 million investment from Sui Foundation.
The DATA Network, previously known as Story, is set to migrate its AI training data protocol to the Sui blockchain, retiring its own independent chain. This transition is supported by a $30 million investment from the Sui Foundation. TRACE registry, launched in June, will join the Sui ecosystem, while Walrus, a decentralized storage platform in Sui, will become the default storage layer for applications operated by the DATA Foundation.
A spokesperson for the DATA Foundation explained that maintaining a dedicated blockchain for a single use case incurs the costs of validators, network security, and infrastructure. They stated that building storage and access control from scratch would have been redundant, as Sui already offers Walrus and Seal solutions. The decision to shift to Sui came after the rebranding of the Story Foundation to DATA Foundation in June, marking a pivot from intellectual property licensing to a "full stack for AI training data."
The Trace registry has registered over 270 million identities within four months, making it more efficient for the DATA Network to operate on an established blockchain. The DATA Network will continue to function until the upgrade is completed, with a detailed timeline and holder transition plan to follow.
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