What is Codatta and XNY Token?

Codatta (XNY) is a decentralized, multi-chain protocol that merges blockchain, artificial intelligence and human collaboration to create high-quality tokenized data assets. 

It provides a transparent, efficient, and fair ecosystem for data contributors, solving problems such as data silos and limited monetization in traditional data systems.

Through its innovative model, Codatta empowers users to contribute, validate, and monetize datasets that fuel AI research, decentralized science (DeSci), and Web3 applications. The platform ensures both provenance and accuracy, rewarding contributors with royalties whenever their data is utilized.

What is Codatta?

Codatta is a permissionless data marketplace built on blockchain. Contributors can upload verified datasets, which are then analyzed and quality-checked through AI-driven mechanisms. 

These datasets can be used in areas like AI model training, compliance, and market analysis.

To ensure transparency and trust, Codatta employs blockchain metadata verification while balancing privacy through encrypted off-chain storage. This hybrid approach allows for secure yet scalable data management across multiple chains.

Key Features of Codatta

Codatta introduces several innovations to the decentralized data economy:

• Permissionless marketplace for tokenized datasets
• AI-driven quality control and provenance checks
• Built-in royalty-sharing model for ongoing contributor rewards
• Hybrid storage combining on-chain proofs with encrypted off-chain data
• Cross-chain interoperability with Ethereum, BNB Chain, and Solana
• Governance and community participation via the XNY token

These features make Codatta a versatile platform for both contributors and organizations seeking reliable datasets.

What is the XNY Token?

The XNY token is the native utility and governance asset of the Codatta ecosystem. It powers multiple functions such as:

• Payment for accessing tokenized data assets
• Incentives for contributors and curators
• Staking for network participation and rewards
• Governance voting to shape protocol upgrades and marketplace policies

By anchoring the marketplace in XNY, Codatta creates a sustainable, incentive-driven ecosystem where both contributors and users benefit.

Use Cases of Codatta and XNY

Codatta’s decentralized protocol supports diverse applications across Web3 and AI-driven industries, including:

• Risk management and regulatory compliance
• Credit scoring and financial analytics
• Market research and predictive modeling
• AI training datasets for decentralized science (DeSci)
• Personalized services in decentralized e-commerce and social apps

These use cases highlight the growing demand for transparent, reliable, and tokenized data sources in Web3 economies.

Read more: How to Invest in AI? Pattern and Strategies

Final Thoughts

Codatta and the XNY token bring a new model for data ownership, monetization, and collaboration. 

By combining human contributions with AI-powered quality control and blockchain transparency, the platform creates a decentralized data layer that fuels innovation across AI, DeFi, and Web3 applications.

As adoption grows, Codatta could become a cornerstone of the decentralized data economy, rewarding contributors while enabling developers and enterprises to access trustworthy, royalty-generating datasets.

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FAQs

What is Codatta?

Codatta is a decentralized, multi-chain data marketplace that tokenizes datasets contributed by humans and AI agents, ensuring quality, transparency, and fair monetization.

What is the XNY token used for?

XNY is the native utility and governance token, used for payments, staking, contributor rewards, and voting within the Codatta ecosystem.

How does Codatta ensure data quality?

Codatta combines blockchain metadata verification with AI-driven quality checks and provenance analysis to maintain trustworthy datasets.

Can contributors earn ongoing rewards?

Yes, contributors benefit from a royalty-sharing model that provides continuous rewards whenever their datasets are used in AI training or other applications.

Which blockchains does Codatta support?

Codatta is cross-chain and currently supports Ethereum, BNB Chain, and Solana, enabling scalability and broad adoption across Web3 ecosystems.