Summary
Codatta is a decentralized knowledge protocol, powering human-intelligence marketplace.$XNY acts as the networkโs operating currencyโenabling on-chain actions, staking-based trust,
task launches, data/API access, and ownership tradesโwhile contributor payouts can be made in
a mix of payout options where XNY is the main reward currency, while also supporting stablecoins
(e.g., USDT/USDC) and highly-liquid tokens (e.g., BTC/ETH).
Business model (how value flows)
| Stream | Who Pays | What They Get | Denominated In | Where It Goes |
|---|---|---|---|---|
| Protocol gas & ops fees | Any participant | Onโchain provenance, finality | $XNY | Validators/ops + treasury (governanceโset split) |
| Task launch fees | Clients | Listing, routing, SLA options, dispute rails | $XNY | Marketplace ops + safety funds |
| Data/API access (metered) | Clients | Row/asset access, API rate tiers | $XNY | Treasury + service providers |
| Ownership & license trades | Clients | Transfer of rights; autoโroyalty hooks | $XNY | Royalty router + protocol fee |
| Priority & promotion | Clients | Fastโlane routing; featured placement | $XNY | Treasury + incentive pools |
$XNY, USDT/USDC, BTC/ETH and etc.
Protocol autoโsplits to Providers/Validators/Backers per acceptance and royalty rules.
$XNY utilities
| Utility | Who Uses It | Why It Matters |
|---|---|---|
| Gas for on-chain actions | Everyone | Records contribution fingerprints (CF), mint ownership and rights; support decntralization; prevent fraud attacks |
| Staking & slashing | Contributors (Providers/Validators/Backers) | Bootstraps trust; poor quality or fraud is penalized. |
| Task launch gating | Clients | $XNY required to open bounties/tasks and set SLAs. |
| Task promotion | Clients | Pay $XNY for acceleration and marketplace visibility. |
| Data/API access | Clients | $XNY required to unlock datasets, higher rate limits, and private sandboxes. |
| Ownership | Clients | $XNY used to mint/transfer rights; royalties autoโroute on reuse. |
| Governance & curation | Governacne voters | Cast voting; voting power tied to $XNY stake + reputation. |
Roles at a Glance
- Providers: Boost reputation by staking $XNY to access premium tasks of data sourcing and/or labeling; earn multi-asset payouts; receive royalties from data re-use.
- Validators: Build reputation by staking $XNY to increase the credibility of validation decisions; earn validation fees and dispute rewards; risk slashing for inaccuracy or misconduct.
- Backers: Stake to underwrite contributor cohorts or datasets; share in creator earnings/royalties; face penalties if quality standards or SLAs arenโt met.
- Clients: Launch tasks, access data/APIs, and license or trade ownership; use $XNY for task launches, access, priority, and rights management.
Network Economics
$XNYDemand Drivers: Every core network function (launch, access, ownership, priority, governance) requires$XNY.- Flexible Settlement: Contributor earnings can be in stablecoins, majors, or partner tokens, lowering adoption friction.
- Value Anchoring:
$XNYretains its core role as the access, trust, and rights currency of the ecosystem.
FAQ (concise)
1. Why use$XNY if payouts are multiโasset?
$XNY controls access, trust, rights, and governance. Multiโasset payouts reduce buyer friction and meet costโmanagement/compliance
constraints (including stablecoinโonly settlement when required), while keeping $XNY as the networkโs control and fee currency.
2. Can Clients pay entirely in stablecoins?
Yesโfor contributor rewards. $XNY is still required for launch, access, licensing, and disputes.
3. Who bears slashing risk?
Contributors and disputing parties that post stake/bonds. Slashing enforces quality and honesty.
4. How do royalties work?
When licensed data is reused (e.g., in model training), smart contracts distribute ongoing payouts to eligible Contributors and Backers.
5. Is this compliant for regulated Clients?
Yes. Privacy proofs and compliance fees are paid in $XNY; audit logs and revocable licenses align with sector requirements.