Sui Foundation Invests $30M as DATA Network Plans Full Migration
Sui Foundation is investing $30 million in DATA Network as the AI data protocol moves to Sui, with one-for-one token migration and Walrus storage planned.
Autonomous agents are artificial intelligence-driven software programs designed to execute specific tasks or achieve overarching goals within decentralized networks without continuous human intervention. In the context of blockchain and Web3, these agents operate via smart contracts to interact with protocols, manage portfolios, or execute trades based on pre-defined parameters and real-time market data. They work by continuously monitoring on-chain conditions, analyzing data through machine learning algorithms, and autonomously signing transactions when specific criteria are met. This capability represents a shift from passive, user-initiated transactions to active, automated ecosystem participation.
Sui Foundation is investing $30 million in DATA Network as the AI data protocol moves to Sui, with one-for-one token migration and Walrus storage planned.
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