Sui Foundation Invests $30 Million in DATA Network
DATA Network is migrating to the Sui blockchain, backed by a $30 million investment from the Sui Foundation, with its independent chain set to be retired.
The Sui Foundation has announced a $30 million investment in the DATA Network as the artificial intelligence data protocol prepares to migrate its infrastructure to the Sui blockchain, according to TheBlock.
Network Migration and Upgrade
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Under the migration plan, DATA Network will be upgraded to operate natively on the Sui network. Its existing independent chain will be officially retired as part of the transition.
Key facts
- The Sui Foundation invested $30 million in DATA Network.
- DATA Network is an artificial intelligence data protocol.
- The protocol will upgrade to run natively on the Sui blockchain.
- The independent chain of DATA Network will be retired.
Source: theblock.co
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