According to ChainCatcher news, DataDance, a Layer2 network dedicated to innovation in the field of consumer data asset, has announced that it has received millions of dollars in investment led by Hash Global. The completion of this round of financing marks the beginning of DataDance's efforts in Web3 to build the world's largest decentralized data asset service and trading platform, and to co-create a Web3 business ecosystem with Hash Global.
Hash Global stated that the DataDance team had previously founded the largest digital asset trading platform Unique Art in China, and has a deep understanding of the RTB (programmatic advertising) and digital asset industries. They are optimistic about DataDance's ability to use blockchain to connect a large number of brands, helping them to realize the asset-ization of consumer data, and achieve the decentralized trading of global consumer data assets.
Geoffrey Tong, CEO of DataDance, said that the trading of data assets is currently highly monopolized by Internet giants, resulting in high traffic costs worldwide. DataDance has the ability to change this industry structure, allowing the trading of data assets to evolve from centralized monopoly to the parallel development of centralization and decentralization, injecting new momentum into Web3 business innovation.
