DBA and cDBA
Last updated
Last updated
In the burgeoning world of blockchain and data management, an innovative system has emerged, revolutionizing the way data is stored, shared, and valued. This system is predicated on the integration of blockchain technology with the principles of data science, creating an ecosystem where data owners, annotators and curators interact dynamically, fostering an environment of collaboration and mutual benefit.
In this innovative system, data owners contribute raw or annotated data, which they can then mint into DBA(Data-backed Assets), by spending $SOL. These DBAs collectively form a DBA Pool, which grows over time and rewards contributors with The Schema tokens. Curators play a critical role by evaluating available information—such as data samples or previous training outcomes—to compile a portfolio of cDBA (Curated Data-backed Assets) for specific tasks. By investing $SOL, these portfolios are permanently recorded on the chain, and curators also receive token rewards for their efforts.
Data begins its journey into the value cycle once it is minted as a DBA. This process transforms data from a mere collection of information into a valuable asset that can be traded, owned, and utilized in various ways. Minting data as DBA not only secures its ownership but also ensures its uniqueness, paving the way for its entry into a broader ecosystem where its value can be realized and enhanced.