chainbase Why all this pessimism towards data coins? Many mistakenly believe that data is a "free" resource, while in reality, there are hidden costs associated with collecting it and accessing it on-chain. This is where Chainbase comes into play, as it not only provides storage and querying but also paves the way for a new model for data pricing.
Through its high-speed indexing, access to data becomes a process that is priced by nature: the newer or rarer the data, the more valuable it becomes for use and querying.
In the long run, Chainbase can establish the concept of "data as an asset," where developers can create proprietary datasets and trade them in the market, similar to NFTs but with a greater focus on practical utility. This mechanism not only opens up an innovative business model for Chainbase but also allows data providers to achieve sustainable income, enhancing the emergence of a decentralized financial market for data.
In other words, the evolution of Chainbase could be the step that makes data the next tradable asset in the blockchain world.
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