Story Protocol Rebrands as Data Network; IP Token Falls 98% Since Peak

IP17.47%
According to The DATA Foundation on June 25, Story Protocol rebranded to Data Network with a strategic pivot from intellectual property to AI training data sourcing, processing, and verification. The native IP token migrated to DATA in a 1:1 ratio, requiring no action from token holders. DATA, which once peaked at $14.78 in September 2025, currently trades at $0.349—a 98% decline from its all-time high. The move follows the success of Poseidon, an AI data processing project that raised $15 million from a16z.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments