Loading organizations...
Key people at DeData.
Based in Albany, New York, DeData operates a blockchain-based data annotation and trading platform designed specifically for decentralized artificial intelligence applications. The company provides a digital marketplace called Databazaar that allows distributed users to collect, label, and trade high-quality text and image datasets. Its technical infrastructure utilizes multi-checker verification, zero-knowledge technology for privacy-encrypted storage, and non-fungible token access controls to securely manage data transactions. Operating as a decentralized alternative to traditional web2 data labeling providers like Scale AI, Appen, and Lionbridge, the platform financially incentivizes network contributors to prepare machine learning data for enterprise developers and academic researchers. While specific user counts, funding totals, and valuation metrics currently remain undisclosed, the firm maintains active international operations to support its foundational data layer. DeData was incorporated in March 2022 by Chief Executive Officer Guozhen Yan.
Key people at DeData.
DeData is an early-stage investment firm headquartered in New York, United States, focused on accelerating Web3 adoption through middleware infrastructure solutions in the technology sector.[1] Its mission centers on providing modular Web3 solutions that enable enterprises and businesses to transition to Web3-based architectures and application layers.[1] With a lean investment track record, DeData has made one known investment in Reboot World, a seed-stage omnichannel generative metaverse project, participating in a $2.5 million round alongside Eureka Investment Partners, PAKA Ventures, Signum Capital, and ZMT Capital on January 31, 2024.[1] This positions DeData as a niche player supporting Web3 infrastructure and metaverse innovations, contributing to the startup ecosystem by backing foundational technologies that bridge traditional business with decentralized networks.[1]
DeData emerged as a specialized investor in the Web3 space, with limited public details on its founding year or key partners available from current sources.[1] Its focus has quickly honed in on middleware infrastructure to drive Web3 enterprise adoption, reflecting the post-2021 crypto boom and renewed interest in blockchain scalability solutions.[1] A pivotal moment came with its debut investment in Reboot World in early 2024, marking entry into the generative AI-metaverse intersection and signaling an evolution toward high-potential, cross-chain projects.[1]
DeData rides the resurgence of Web3 infrastructure, capitalizing on trends like omnichain interoperability and AI-generated content in metaverses amid renewed blockchain enthusiasm post-2023 market recovery.[1] Timing aligns with enterprise demands for scalable middleware, as businesses seek decentralized alternatives to centralized cloud services amid data privacy regulations and AI-blockchain convergence.[1] Market forces favoring DeData include falling Ethereum layer-2 costs and generative AI hype, enabling projects like Reboot World to thrive.[1] By funding such innovators, DeData influences the ecosystem, fostering tools that could standardize Web3 onboarding for traditional firms and expand decentralized app layers.
DeData's next moves likely involve scaling beyond its single investment, targeting more seed deals in AI-Web3 hybrids and enterprise middleware as omnichain protocols mature.[1] Trends like zero-knowledge proofs for scalability and regulatory clarity on crypto will shape its trajectory, potentially amplifying influence in a consolidating Web3 VC landscape.[1] If it builds on Reboot World's momentum, DeData could evolve from niche investor to key enabler of Web3 enterprise adoption—accelerating the very middleware revolution it champions.[1]
