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hoeem
@hooeem
helping you turn screen time into cash flow using modern stacks to create digital leverage. founder: @7cLETTER
Joined February 2021
1.9K Following    167.7K Followers
Here’s how you can gain edge by reading between the lines of news and conducting research: The news: Sui Foundation just wrote a cheque worth $30M into the DATA Network, making it the largest institutional stakeholder in the network. Here's how I check whether backing like this means anything (steal it)👇 1. Size it against the asset > DATA's circulating market cap is around $70M today > $30M is roughly 40% of that > You don't commit that much to something you plan to ignore 2: Ask what the investor gets if it works > Sui has built an AI stack: Walrus for storage, Seal for access control, Nautilus for verifiable compute > What it needed was a live supply of rights-cleared training data to run through it > Trace has logged 250M+ data receipts since June. That's the supply > DATA founder SY Lee also joins Sui Foundation as Strategic Advisor. Both sides are tied in 3: Check who's still holding > PIP Labs and the DATA Foundation keep their holdings > Team and early backer unlocks were pushed back 18 months in August > So the new money arrives while insider supply stays locked 4: Check the demand is real > Last year one AI lab agreed to pay $1.5B to authors. About $3,000 a book, for training on pirated copies > The EU AI Act now makes model providers publish a summary of what they trained on, and enforcement powers kicked in this August > Every lab now needs a paper trail for its data. Trace issues the receipts In a market that's been brutal on small caps, DATA cut down to one use case and one product in June and kept shipping. Four months later it has the largest institutional stake in the network behind it. Over the coming months the DATA Network will be upgraded to run natively on Sui, with Walrus as the default storage layer. $DATA stays the token. Nothing changes for holders today. btw, you should probably run test 1 on the next "strategic partnership" you see and / the cheque by the market cap lmfao.
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DATA is coming to @SuiNetwork. The DATA Network and Trace are joining the Sui stack, bringing a live supply of rights-cleared AI training data to infrastructure built for AI workloads. With 250M+ receipts already recorded by Trace, AI labs will be able to source real-world data with verifiable provenance, while @WalrusProtocol provides the underlying storage layer. Sui Foundation is investing $30 million in the DATA Network, establishing the largest institutional stake in the network, alongside the continuing holdings of PIP Labs and the DATA Foundation. Furthering the alignment, SY Lee, founder of the DATA Network and CEO of PIP Labs, joins Sui Foundation as Strategic Advisor. In the coming months: ▸ The DATA Network will be upgraded to run as a protocol natively on Sui ▸ Walrus becomes the default storage layer for DATA Foundation apps ▸ $DATA remains the token of the DATA protocol The next chapter of DATA starts here.
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