CodattaPrice

(XNY)

Codatta addresses the pervasive issue of data exploitation by centralized entities, where individuals often lose control and fair compensation for their digital contributions. It empowers data creators by establishing a decentralized ecosystem where they can own, share, and monetize their knowledge and data. Through Codatta, creators can earn continuous royalties for their contributions, transforming their data into verifiable, valuable digital assets and ensuring they retain perpetual benefit from their intellectual property.

Codatta operates as a decentralized, multi-chain AI knowledge protocol. Its architecture integrates blockchain-based data infrastructure with human contributors and AI agents to curate and validate information. It utilizes a hybrid storage model, combining on-chain proofs for transparency and integrity with encrypted off-chain data for privacy. This sophisticated framework ensures secure, verifiable, and efficient management of knowledge, fostering a collaborative environment for data creation and utilization across various chains.

The XNY token is central to the Codatta ecosystem, serving multiple critical functions. It acts as an incentive mechanism, rewarding contributors for providing high-quality, verified data, especially for AI and Decentralized Science (DeSci) projects. XNY powers the royalty distribution system, ensuring data creators receive continuous compensation. Furthermore, it enables decentralized governance, allowing token holders to participate in key project decisions. XNY is also used for staking purposes and facilitates fees for accessing valuable data and services on the platform.

The total supply of XNY tokens is fixed at 10 billion, ensuring a non-inflationary model as no new tokens will ever be created beyond this cap. The distribution of these tokens is strategically allocated across key areas to support the project's growth and sustainability. A significant portion, 48%, is dedicated to the Community, fostering widespread adoption and engagement. The Foundation receives 21.5%, with additional allocations reserved for marketing initiatives, ongoing development, the core team, and operational reserves, ensuring long-term project viability.

Users can acquire XNY tokens through several avenues. Initial opportunities may include over-the-counter (OTC) trades, participation in official project campaigns, and airdrops designed to engage early adopters. In the future, XNY will be available for trading on various cryptocurrency exchanges, including LBank, making it accessible to a wider audience. To ensure broad reach and seamless integration within the Web3 landscape, XNY operates across multiple leading blockchains, specifically Solana, BNB Chain, and Ethereum, facilitating cross-chain interoperability.

Codatta distinguishes itself by focusing on providing perpetual royalties to data creators, directly addressing the unfair compensation models prevalent in traditional data markets. Its collaborative data curation model, combining human expertise with AI agents, ensures the quality and verifiability of data. The platform's primary use cases involve incentivizing the contribution of high-quality, verified data for critical sectors like AI development and Decentralized Science (DeSci). This unique approach fosters a fair, transparent, and valuable data economy where creators are perpetually rewarded for their contributions.