What is Codatta (XNY)?

Deep Dive

1. Purpose & Value Proposition

Codatta addresses the fragmented AI data economy by creating a decentralized marketplace where contributors—from casual users to expert annotators—can tokenize datasets. These assets are used to train AI models or validate DeSci research, with smart contracts ensuring automatic royalty distribution to original creators (Codatta Blog). Partnerships like Mask Network enhance use cases in identity verification and personalized AI recommendations.

2. Technology & Architecture

The protocol uses a hybrid storage system:
- On-chain proofs for transparency (e.g., dataset ownership and usage terms).
- Off-chain encrypted data stored via solutions like BNB Greenfield for scalability and privacy.
Its AI-driven tools automate data quality checks and match contributors with demand, while cross-chain compatibility reduces ecosystem silos (MEXC Article).

3. Tokenomics & Governance

XNY (10 billion max supply) serves three core functions:
- Governance: Voting on protocol upgrades.
- Utility: Payment for dataset access and staking for network security.
- Incentives: Rewards for data contributors and validators.
Token distribution prioritizes community growth (48% allocated to grants, airdrops, and node incentives) (Phemex Guide).

Conclusion

Codatta reimagines data ownership by linking blockchain’s transparency with AI’s demand for quality inputs. Its royalty model could disrupt how data economies operate—but success hinges on adoption by AI developers and sustainable token utility. Can Codatta balance open collaboration with commercial scalability as AI evolves?