OKX Ventures announced leading the investment in codatta, a decentralized basic data protocol built for developers. Codatta is a decentralized data protocol aimed at providing services to Web3 developers. It enhances data credibility through AI-verified evidence, multi-party cross-references, and staked confidence, allowing users to monetize data without compromising privacy. The protocol supports developers in creating applications in various fields, including anti-crime networks and on-chain advertising. Since the beta testing in April 2024, Codatta has attracted millions of user-contributed address annotations, with 5 billion annotated address data.

DORA

Odaily Planet Daily News: OKX Ventures announced leading the investment in codatta, a decentralized basic data protocol built for developers. Codatta is the first decentralized data protocol with a scientific credibility that focuses on building basic data infrastructure, aiming to serve developers and protocols. The goal of codatta is to monetize data for Web3 users without compromising privacy and contribute to building public data. It has a vast network of data contributors and enhances data credibility through AI-verified evidence, multi-party cross-references, and staking credibility. Developers can create machine learning-driven Web3 native applications in areas such as anti-crime networks, on-chain advertising, universal recommendation systems across DApps, and credit-based lending products.

Dora, the founder of OKX Ventures, stated, "Codatta is using AI to lead the technological innovation and collaboration in blockchain metadata cooperation, 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 protocol's scalability allows the data scope to continuously expand, unlocking more and more Web3 native applications. Combining economic mechanisms, AI verification, and manual verification, Codatta ensures high-quality data. Since the beta testing launch in April 2024, Codatta has attracted millions of user-contributed address annotations, further enriching its existing 500 million annotated address data. We believe it has the potential to become a platform for developers to find key data and redevelop."

OKX Ventures leads the development of the decentralized data protocol Codatta.