Sui Foundation invests $30 million in DATA Network, protocol to migrate to Sui blockchain

PANews October 12 news, according to The Block, Sui Foundation has invested $30 million in AI data protocol DATA Network (formerly Story Protocol). The protocol will migrate to the Sui blockchain and become its native protocol, and its independent chain will be discontinued. Existing DATA tokens will be migrated to the Sui network at a 1:1 ratio. Before the migration is completed, the existing DATA Network will continue to operate.

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