KuCoin Lists Codatta (XNY), a New AI Data Royalty Token

Global crypto exchange KuCoin has officially listed on its Spot trading platform. The move marks a major milestone in bridging decentralized data infrastructure with the artificial intelligence sector. Codatta introduces a model where contributors can tokenize raw data and earn royalties as AI developers use their datasets.

According to the , spot trading for the XNY/USDT pair began at 13:00 UTC today, July 23. This is preceded by a one-hour call auction from 12:00 to 13:00 UTC. During this initial phase, users can place buy and sell orders, which will be matched once the market opens officially.

Notably, deposits are already open via the BSC-BEP20 network. However, withdrawals will go live tomorrow at 10:00 UTC, once the market has gained liquidity and stability post-listing.

In a boost for traders, KuCoin users can automate XNY trades using powerful from the start. These algorithmic tools include Spot Grid, Infinity Grid, Smart Rebalance, DCA, Martingale, and KuCoin’s AI-driven bots. These are all designed to optimize performance based on dynamic market conditions.

Codatta is a decentralized platform that enables users to convert raw data into tokenized digital assets. Built on the , it empowers contributors to earn continuous royalties based on the frequency of their datasets’ access and deployment.

This “” ensures transparent monetization and fosters responsible, community-driven AI development.

More than just data sharing, Codatta’s vision supports ethical AI by ensuring quality datasets are available without central gatekeepers. It aligns data creators, developers, and users in a circular value economy, all powered by the utility of the XNY token.

With this listing, KuCoin further its position as a launchpad for innovative Web3 and AI projects. The exchange has now been a hub for innovative projects in recent times. Among its recent listings are ECLIPSE, BLUM, and BOOM.