The ecology supported by $C : @Chainbase Official makes the data 'production-consumption' cycle come alive
In Web3, there is no shortage of data, but 'the people who produce data gain nothing, and those who use data find it troublesome' — this vicious cycle has long needed to be broken. @Chainbase Official 's Chainbase aims to use $C as a 'lubricant' to get the 'production-consumption' of data moving, where those who work benefit.
#chainbase
First, let 'the people who produce data have something to gain': nodes help Chainbase store data from various chains and process query requests; by staking C, they can join in, and all earned transaction fees are in C; some people develop data tools for Chainbase, such as writing a plugin for quickly checking token holdings, and developers can take a share of the C spent by users using the tool. Next, let 'the users of data have an easier time': developers don’t need to scrape data across chains; Chainbase aggregates it well, and they can directly buy access permissions using C; the slow data processing issue is also resolved by the CVM virtual machine, responding to millions of requests in seconds — spending C for efficiency is worth it.
Who sets the 'rules in between'? Still relies on C: the pricing standards for data services, how to spend the ecological fund, whether to add new features — these are decided by votes from C holders. With a total supply of 1 billion, 40% is allocated to the ecosystem, aiming to let more people hold $C , whether they are producers or consumers, so they can participate in rule-making — this way, the cycle can sustain longer.
@Chainbase Official has raised $15 million in funding to connect more chains and develop AI data training. Once AI can automatically 'classify' data and 'find patterns', producers won’t need to manually handle data, and consumers can directly take ready-made analytical results — the cycle of #chainbase will run smoother. These giants like Tencent entering the game also see great value in this cycle.