Babes, there is a @codatta_io platform, its Token $XNY has been launched at 12 PM UTC on July 23rd, it is the first project of the Binance Wallet TGE Booster, and some people may not be very clear about this platform.

In fact, what it wants to do is quite practical. Some data we usually leave online, such as commonly used accounts and trends we follow, are often used for AI-related development. However, most of the time we do not receive any feedback ourselves.

Codatta's approach allows users to mark their own on-chain data, such as which accounts they are using and which recent hot topics they have followed.

This data will first be verified and then stored on the chain. If a company needs to use this data for AI training or similar purposes, it will have to pay, and the users who contributed the data will receive $XNY as a share.

The core of it is that users contribute data, companies in need pay to use it, and users receive a share. The entire process can be recorded on the chain, making it relatively transparent.

Now this platform already has over 300,000 people contributing data, and this data is indeed supporting some practical AI processes, not just projects that are stuck in the idea stage.

There were also related activities running on the Binance Wallet before, with support from institutions like OKX Ventures and Avalanche, so the foundation is relatively stable.

If you are interested in this model, you can learn about it now, for example, by doing some simple labeling data tasks on the platform or recommending friends to join, you can accumulate some $XNY.

If you use the Binance Wallet, you can also look at its related activities, but it all depends on personal willingness, there's no need to do it specifically.

Currently, there are quite a few participants, and there are actual application scenarios running. If you want to know more, you can visit its official website to take a look. After all, the Token has just been launched, so it’s not too late to observe more before making a decision.
#Codatta # XNY #TG