Chainbase is a multi-chain data network designed to integrate all blockchain data into a unified ecosystem, providing an open and transparent data interaction layer for the AI era. This allows developers to easily access and use data to build applications.

The project introduces a new dual-chain architecture that connects programming capabilities with cryptographic data aggregation. This architecture allows Chainbase to support high-throughput data processing with low latency while enhancing network security through the dual staking model.

Chainbase's mission is to make data more accessible and valuable, empowering users to fully benefit from the open internet era. The network currently operates with a team of around 40 people, supporting over 15,000 developers, 8,000 projects, and managing over 500 billion data requests.

Chainbase recently announced it has raised $15 million in a Series A funding round led by Tencent Investment Group and Matrix Partners China, along with participation from other investors. This brings Chainbase's total funding to $18 million.

Key operations of Chainbase

On July 14, Binance Alpha launched the C token airdrop program, allowing users to use Alpha Points to receive tokens. This event aims to promote short-term trading activity and enhance long-term user engagement.

Bitget announced the listing of the C token in the Innovation and Artificial Intelligence (AI) Zone, with spot trading for the C/USDT pair starting on July 14. At the same time, Bitget is holding a Launchpool campaign with a reward pool of 2.75 million C tokens from July 14 to July 16, allowing users to stake BGB or C to earn rewards.

In early July, Chainbase announced the establishment of a non-profit fund to support the DataFi ecosystem. This fund supports developers, data providers, and the community through grants, encouraging the management of high-quality data and organizing ambassador programs.

The C token is integrated to ensure transparent and sustainable rewards through cooperation with AI models, DePIN solutions, and storage services. Chainbase continues to expand by integrating more chains into the Metadata Network, raising the total indexed chains to over 200.

Projects like Spiko are integrating with Chainbase to access on-chain data for a currency fund worth over $380 million. These upgrades further reinforce Chainbase's role in providing structured data for DeFi and AI applications.

Learn more: ChainBase airdrop hunting guide

Tokenomics

  • Token name: Chainbase

  • Symbol: C

  • Total supply: 1,000,000,000 C

The C token is the core asset of the DataFi ecosystem. With a total supply of 1 billion tokens, C is designed to support data access, encourage community, secure decentralized data processing, and govern the protocol.

This token will be launched on Base to leverage high performance and low fees while deploying liquidity on the BNB Smart Chain (BSC) to reach a larger user base. This multi-chain approach ensures interoperability and supports the expansion of Chainbase's Web3 ecosystem.

The token converts raw data on-chain into economic assets, allowing agents, protocols, and users to coordinate effectively through a shared data layer.

Allocation

  • Ecosystem and community: 40%

  • Airdrop: 13%

  • Incentives for node operators: 12%

  • Initial investors: 17%

  • Core team: 15%

  • Liquidity: 3%

Main utility of the C token

  • Data access: Applications, protocols, and AI agents use C to query and extract structured data from the Metadata Network.

  • Ecosystem incentives: C is distributed to developers, contributors, and users based on the value they bring to the network.

  • Decentralized execution security: C is staked to support and verify the data processing through the Active Verification Service (AVS) layer.

  • Protocol governance: C holders can vote on protocol upgrades, incentive models, and network parameters.

  • DataFi payment unit: C serves as the standard unit of account and payment in the Chainbase ecosystem.

Chainbase builds a metadata network for the AI era

Chainbase is developing the Hyperdata Network, a system that converts on-chain signals into structured, reliable data ready for AI. With three core components — Manuscript, AVS, and C Token — this platform enables automated cryptocurrency applications that are interoperable and optimized to provide economic benefits to both users and developers.

Manuscript is the programming layer for creating data assets, AVS ensures decentralized execution and verification, and C Token serves as the native currency, supporting use cases for automated general intelligence (AGI).

Chainbase's system has indexed over 220 chains, processed over 500 billion data queries, and attracted over 35,000 developers. More than 10,000 projects, from MEV infrastructure to on-chain analytics, are leveraging Chainbase for efficient data utilization.

DataFi: The future of on-chain data

The Metadata Network is not just a technical tool but also the foundation for DataFi - the decentralized data economy.

With fast processing speeds, low latency, and high security, Chainbase meets the growing demand for high-quality data for AI and cross-chain applications. The C Token, with a supply of 1 billion tokens, plays a central role in driving data production, exchange, and governance.

The launch of the Hyperdata Network marks a significant milestone in integrating AI with blockchain technology. With tremendous potential for future DataFi applications, the C Token is viewed as a 'golden shovel' for investors.

Backed by major investment firms like Matrix Partners and Hash Global, Chainbase is shaping a comprehensive, transparent, and sustainable data ecosystem.

Chainbase network

The Chainbase network comprises Operators, Validators, Developers, and Delegators who provide services for the network and data for Web3 applications. Users utilize these applications and access the generated data.

In the early stages, the Chainbase network operates with the support of the CBT token — responsible for paying query fees, staking, and rewarding users. CBT is primarily allocated to operators and delegators (80%) to incentivize maintenance and optimization of computational resources, ensuring efficient data query processing.

The remainder is shared among developers (15%) and 5% of the data query fees will be burned.

Developers

Developers play roles on both the supply and demand sides of the network data. They build scripts and publish them on the network to earn rewards. At the same time, when building dApps, developers query network data and become users of the network.

Operators

Operators provide the necessary computational resources for the execution layer, ensuring efficient data processing operations. Operators are rewarded similarly to proof of work, with a high workload requiring higher hardware requirements. To become an operator in the network, participants must register on the Holesky test network or the mainnet of the Eigenlayer smart contract.

Validators

Validators play a crucial role in ensuring the network's security, integrity, stability, and data consensus. Validators achieve consensus through improved cometbft and use DPOS to determine voting weights based on the scale of staked CBT tokens.

Delegators

Delegators enhance the economic security of the network by staking their tokens for validators and operators. The Chainbase network employs a dual staking mechanism, allowing delegators to choose to stake ETH (or LST) and CBT.

Architecture of Chainbase

Data access layer

The data access layer manages the access and storage of data within the network, compatible with both streaming and batch processing scenarios. This layer also provides the ability to verify data validity, including:

  • Data access interface: Provides access to both batch data and streaming data.

  • Data storage: Supports various storage solutions, including Lakehouse, Arweave, S3, and IPFS.

  • Data proof: Implements storage-based consensus models and zk-proofs to ensure data integrity and availability.

Consensus layer

The consensus layer ensures that all nodes in the network achieve consensus on data and consistent state, based on the instant finality of CometBFT and the freshness of second-layer data.

  • Consensus algorithm: Based on CometBFT and DPoS (Delegated Proof of Stake) for efficient and secure consensus.

  • ABCI++: An extension of ABI for the Cosmos network, responsible for converting the state of the Chainbase Virtual Machine (CVM) to a format compatible with the CometBFT consensus engine.

  • Stake Aggregator: Aggregates staked tokens from various sources within the Cosmos ecosystem to ensure network security.

Execution layer

The execution layer is responsible for processing large-scale data and executing the data transformation logic of the script.

  • Chainbase Virtual Machine (CVM): Provides parallel computing capabilities for executing scripts.

  • Parallel execution tool: Utilizes multithreading to process data in parallel, improving performance and throughput.

  • ChainbaseDB (CDB): A database system supporting multiple storage tools including VectorDB, GraphDB, and KV.

  • Eigenlayer proof verification system (AVS): Introduces economic security from Ethereum recovery, ensuring that the CVM execution environment is fully decentralized.

Dual staking security

This module enhances the security of the consensus and execution layers in the dual-chain architecture through a dual staking mechanism.

Common staking group:

  • Native token staking

  • Eigenlayer recovery

Dual staking model: Aggregates the stakes of all validators and their authority over different assets, then combines the overall economic security cryptographically.

Script

The script defines the standards that various data sources must adhere to when converting into datasets.

CVM Interface

The CVM interface provides a standardized protocol suite for interacting and communicating with the CVM, enabling developers to write and manage scripts on the network as well as access data.

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