Codatta

The AI DeSci project Codatta will have a fair launch today at BuildKey

Chain Catcher news, Binance Labs MVB 8 accelerator project Codatta will conduct a fair launch of assets on the BuildKey platform, using this as a core economic flywheel for community building, helping users transparently and early participate in the development wave of AI and DeSci. Codatta will officially launch on BuildKey at 7 PM Beijing time on December 5, marking the arrival of the first DeSci asset in the BNB Chain ecosystem.The Codatta team consists of AI/ML, healthcare, and robotics experts from Carnegie Mellon University (CMU) and tech giants such as Pinterest, Oracle, and Alibaba, having previously completed a $2.5 million seed round led by OKX Ventures.It is reported that Codatta is a decentralized data marketplace, community-driven, connecting data creators with demand-side parties, transforming labeled data into digital assets on the XnY chain, supporting the development of projects like DeSci and AI, and ensuring that data contributors can engage in data asset trading, revenue sharing, and data access and ownership management.Since its launch in April 2024, Codatta has attracted over 250,000 users, collaborating with DPath.ai in the DeSci field to create a decentralized, community-driven pathology AI research and development model. Since August 2024, the two parties have completed 200 pathology samples and will release them on HuggingFace in December 2024. In 2025, they will release more datasets and complete the first clinical-grade dataset labeling. BuildKey is a new asset issuance model launched by the Binance Labs MVB 7 accelerator project Aspecta. BuildKey has already built the infrastructure for assets and communities for over ten high-potential projects, including GAIB, Artela, and others.

OKX Ventures announced the lead investment in codatta, a decentralized foundational data protocol built for developers

ChainCatcher news, OKX Ventures announced a lead investment in codatta, a decentralized foundational data protocol built for developers. codatta is the first decentralized data protocol aimed at building foundational data infrastructure, accompanied by scientific confidence, designed to serve developers and protocols. The goal of codatta is to enable Web3 users to monetize their data and contribute to building public data without compromising privacy. It boasts a vast network of data contributors that enhances data confidence through AI-verified evidence, multi-party cross-referencing, and staked confidence. Developers can create machine learning model-driven Web3 native applications in areas such as crime prevention networks, on-chain advertising, a universal recommendation system layer across DApps, and credit-based lending products.Dora, the founder of OKX Ventures, stated, "Codatta is leading a technological innovation and collaborative transformation in blockchain metadata collaboration using AI, making complex transaction analysis, trend analysis, and DeFi project research more efficient. By capturing annotated data and protecting on-chain address privacy, Codatta is setting new standards. The scalability of the protocol allows for a continuously growing data scope, unlocking an increasing number of Web3 native applications. Combined with economic mechanisms, AI verification, and manual validation, Codatta ensures high-quality data. Since the launch of the Beta test in April 2024, Codatta has attracted millions of user-contributed address annotations, further enriching its existing dataset of 500 million labeled addresses. We believe it has the potential to become the platform where developers seek critical data and redevelop it."
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