There is a 'protection gap' in the Web3 data ecosystem: individual users authorize data but face delays in settlement, unable to receive 200 C in earnings; a three-person small team's Web3 data project signed a data procurement agreement, but the partner suddenly canceled the order, wasting initial development costs; an offline community bakery engaged in Web3 activities faced a data tool failure, resulting in a loss of 3000 yuan in discount costs — 'without protection and easily damaged', small players feel anxious in cooperation and operations, hesitating to invest. Chainbase, as a decentralized data infrastructure, is building a 'Data Rights Protection Station' with 'contract protection + fault compensation', ensuring personal earnings are safeguarded, small project cooperation is bound, and small store operations are compensated, giving small players the confidence to participate.
Its core capability is to transform 'verbal promises' into 'executable protection mechanisms', rather than letting small players passively bear losses in 'risks'. On the technical level, Chainbase has built a 'Rights Protection Hub': for individual users, the hub offers 'Income Settlement Protection' — the cooperation between users and demand parties generates 'smart contracts', stipulating 'settlement within 24 hours after data authorization is completed'. If payment is not made on time, the system automatically deducts earnings from the demand party's deposit and additionally compensates 5% C as a penalty. A Shenzhen user, Xiao Wang, previously encountered delays in payment from the demand party, but now with the smart contract, not only does he receive earnings on time, he also obtained 10 C as a penalty for the other party's delay. 'With the contract as a safeguard, I am no longer afraid of working for nothing.' For small and medium projects, the hub developed 'Cooperation Default Compensation' — before cooperation, projects must pay a 10% deposit of the cooperation amount, and if the partner defaults (e.g., cancels orders, delays payments), the full deposit is compensated to the project, along with providing 'contract templates' (clearly defining default clauses and compensation standards). A four-person DeFi data project, relying on the compensation mechanism, received 2000 C in deposit after their partner canceled the order, covering their initial development costs. For offline small stores, the hub designed 'Tool Fault Compensation' — if data tools (like write-off systems, membership data dashboards) malfunction and cause losses to the small store, Chainbase compensates based on 'actual loss amount' in C (up to 500 C per transaction), and also provides 'fault emergency plans' (like temporary manual write-off guidelines). A community bakery in Beijing, due to a fault in the write-off system, mistakenly offered 1500 yuan in discounts but received 375 C in compensation within 3 days, 'the losses can be compensated, so we can confidently hold promotions.'
When the ecology is implemented, Chainbase does not engage in 'post-event shirking', instead actively safeguards 'vulnerable' scenarios. For individual users, we have launched 'Income Arrival Notification' — sending notifications when the settlement time is approaching (e.g., 'Your 50 $C will arrive in 2 hours'), and automatically triggering 'penalty calculations' if the income does not arrive on time. Currently, 5.15 million users enjoy settlement protection, with the income arrival rate increasing to 100%. For small and medium projects, we introduced 'Cooperation Risk Investigation' — helping projects audit 'partner qualifications (e.g., historical performance records)' and 'contract clause loopholes' before cooperation. A data team of three from GameFi discovered that their partner had two prior default records through investigations, allowing them to terminate the partnership in time and avoid losses. For offline small stores, we initiated 'Rapid Fault Response' — after a tool failure, the technical team responds within 15 minutes and resolves the issue within 2 hours, while also tracking the progress of 'loss accounting and compensation distribution'. Recently, we helped a coffee shop in Hangzhou deal with a write-off failure, taking just 40 minutes from feedback to resolution, with compensation arriving within 3 days, achieving a 100% satisfaction rate for the small shop. Even more considerate, Chainbase has developed a 'Risk Loss Calculator' that calculates 'possible losses and compensations' by inputting 'cooperation amount/fault impact duration', allowing small players to clearly understand the scope of protection.
In the long term, its value lies in 'using 'rights protection' to build a safety net for the 'small players' in the Web3 data ecosystem', allowing risks to no longer be a concern for participation. Currently, Chainbase has 5.15 million individual users and 245,000 small and medium cooperative projects/stores that have avoided risks through the protection station, with a cumulative compensation exceeding 1 million C tokens. The trust of small players in the ecosystem has increased from 60% to 95%, forming a positive cycle of 'guaranteed - daring to invest - earning profits - more trust'. Recently, the project also reached a cooperation agreement with the Web3 contract security platform OpenZeppelin to optimize the smart contract protection mechanism and improve the accuracy of default determinations, with an expected addition of 4.05 million individual users. In collaboration with an offline merchant insurance platform, we launched 'Comprehensive Web3 Operation Insurance' (covering risks like tool failures and membership disputes) to further expand the protection scope. The 'protection attribute' of the C token is also being strengthened: individual users receive a 10% bonus for compensation due to default; projects paying cooperation deposits in C enjoy a 10% discount; users/projects/stores staking C can increase the compensation amount for faults (e.g., staking 1000 C raises the single compensation limit to 800 C), which has stabilized the C staking rate at 99% and increased the average daily trading volume by 240%.
From helping users claim penalties through contracts, to allowing small projects to avoid losses through deposits, and now assisting bakeries in reducing risks through compensation, Chainbase is providing 'a security guarantee' to the 'small players' in the Web3 data ecosystem. As more risk scenarios are covered and protection mechanisms are improved, this 'secure' data platform may establish a new bottom line for the Web3 ecosystem where 'participation is guaranteed and cooperation is worry-free', transforming the data ecosystem into one where 'small players dare to invest and can develop with peace of mind'.
