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IPST: Story Foundation rebrands to DATA Foundation; DATA Network & Trace launch, $IP -> $DATA token migration
IP Strategy (IPST) highlighted Story Foundation’s rebrand to The DATA Foundation and the launch of DATA Network, Trace, Poseidon and contributor app Numo, plus an announced integration with Kled that has begun registering 1.5 billion user-contributed records onchain. IP Strategy, which holds $DATA (formerly $IP) as its primary reserve and runs validator infrastructure, says the moves reinforce its thesis that programmable IP and auditable AI training-data infrastructure could drive long-term utility; the $IP token will convert to $DATA 1:1 with no action required by holders.
IPST: Story Foundation rebrands to DATA; DATA Network launches as Kled begins registering 1.5B records and $IP becomes $DATA 1:1
IP Strategy (IPST) highlighted Story Foundation’s rebrand to The DATA Foundation and the launch of DATA Network, Trace, Poseidon and contributor apps (Numo/Kled), with Kled starting the process of registering 1.5 billion user-contributed records onchain to power licensing, contributor receipts and stablecoin payouts. DATA also announced a one-to-one $IP → $DATA token migration (no action required by holders); IP Strategy says it holds $DATA as a primary treasury reserve and operates validator infrastructure, but the record registration, payout rails and commercial monetization remain in-progress and forward-looking.
IPST: May validator uptime 99.98%, 246.6k $IP earned in May; 33.4M $IP staked (2.27M $IP to date)
IP Strategy (IPST) published its monthly validator update saying its validator ran at 99.98% uptime in May and earned 246,584 $IP in the month, bringing cumulative validator rewards to 2,268,331 $IP since Sept 18, 2025; the company has 33.4M unlocked $IP staked. Management says the staked position and validator commissions are a high‑margin recurring revenue stream (company estimates a ~7% blended yield → ~2.79M $IP/year) and notes its treasury covered‑call program (3M $IP deployed) has generated $394,144 gross to date, but these figures are illustrative and depend on token price, staking participation and other risks.