Question 1

What is Chainbase?

Accepted Answer

Chainbase is a decentralised data network designed to support AI and Web3 applications. It addresses the challenge of accessing high-quality, structured, and trustworthy data, which is critical for developing and optimising AI systems. The network operates through a four-layer architecture: Data Accessibility, Co-Processor, Execution, and Consensus.

At the core of Chainbase’s data handling is the concept of **Manuscripts** — programmable scripts that define workflows for data transformation. These scripts standardise and prepare raw data into AI-ready formats. The network supports both on-chain and off-chain data sources and uses techniques such as Zero-Knowledge Proofs (ZKPs) to validate data integrity while preserving privacy.

Chainbase promotes a collaborative and decentralised model where participants can monetise data creation, transformation, and validation. The infrastructure enables efficient and transparent data flows, supporting a knowledge-based economy in AI and Web3 systems.

Question 2

What is Chainbase (C) token used for?

Accepted Answer

The **C token** is the core utility token of the Chainbase network. It is used for payment, rewards, staking, and governance.

Question 3

Key functions include:

Accepted Answer

- **Network Fees**: C is used to pay for accessing and querying datasets processed by Manuscripts. These fees are distributed to Manuscript creators, node operators, and validators for their contributions.

- **Incentives**: Node operators and validators are rewarded in C for maintaining infrastructure and ensuring data processing and validation. Rewards are based on workload and performance.

- **Staking and Delegation**: Validators and node operators must stake C tokens to participate. Non-operating participants, known as delegators, can stake their tokens to support others and receive a share of the rewards.

- **Governance**: Token holders can propose and vote on decisions related to the network’s direction. Governance operates through a dual model: a DAO for community-driven decision-making and a Foundation focused on development and infrastructure in early stages.

Question 4

Who are the founders of Chainbase?

Accepted Answer

Chainbase was co‑founded by three key individuals:

- **Mogu** – Co‑Founder and CEO  
- **Chris Feng** – Co‑Founder and COO  
- **Masafumi Shimizu** – Co‑Founder

Question 5

Mogu (Co‑Founder and CEO)

Accepted Answer

Mogu leads Chainbase’s strategic direction and product vision. They played a central role in designing the Manuscript system and shaping the economic model underpinning the network.

Question 6

Chris Feng (Co‑Founder and COO)

Accepted Answer

Chris oversees operations, ecosystem development, business strategy, fundraising and community engagement. Prior to Chainbase, Chris worked in management consulting and entered crypto around 2019. Since co‑founding Chainbase in 2021, he has spoken extensively about on‑chain data's role in AI integration. Under his leadership, Chainbase raised $15 million in Series A funding in Q4 2023, supported by investors including Tencent Investment Group and Matrix Partners China.

Question 7

Masafumi Shimizu (Co‑Founder)

Accepted Answer

Masafumi contributes to the founding vision and early architecture development. Though less publicly profiled than the other two founders, their role is recognised in Chainbase’s leadership roster alongside Mogu and Chris Feng.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	C-USDT CUSDT	binance	AA	0.05450USDT	-0.91%	2,461,139.40C	2,573	0.05500USDT	0.05540USDT
2	C-USDC CUSDC	binance	AA	0.05470USDC	-0.18%	374,299.50C	306	0.05480USDC	0.05540USDC
3	C-TRY CTRY	binance	AA	2.66TRY	-0.78%	360,573.60C	142	2.68TRY	2.70TRY
4	C-USDT CUSDT_SPBL	bitget	BB	0.05464USDT	-0.16%	113,685.86C	401	0.05473USDT	0.05543USDT
5	C-USDT C_USDT	gateio	A	0.05449USDT	-0.49%	69,004.00C	172	0.05476USDT	0.05545USDT
6	C-USDT C-USDT	kucoin	BB	0.05447USDT	-0.42%	65,107.60C	75	0.05470USDT	0.05544USDT
7	C-USDT c_usdt	lbank	C	0.05435USDT	-1.13%	28,879,003.69C	84,493	0.05497USDT	0.05547USDT
8	C-USDT C_USDT	bitunix	C	0.05450USDT	-1.09%	1,344,198.30C	5,917	0.05510USDT	0.05550USDT
9	C-USDT CUSDT	toobit	C	0.05460USDT	-0.91%	1,258,780.70C	4,816	0.05510USDT	0.05550USDT
10	C-USDT CUSDT	mexc	C	0.05453USDT	-1.03%	1,084,399.24C	3,038	0.05510USDT	0.05549USDT
11	C-USDT c_usdt	xtpub	-	0.05450USDT	-0.91%	979,661.54C	1,372	0.05500USDT	0.05540USDT
12	C-USDT CUSDT	bitrue	D	0.05450USDT	-0.91%	865,126.36C	4,796	0.05500USDT	0.05560USDT
13	C-USDT C_USDT	bydfi	-	0.05458USDT	-0.94%	771,693.87C	3,284	0.05510USDT	0.05549USDT
14	C-USDT C-USDT	bingx	D	0.05470USDT	-0.73%	585,077.49C	4,694	0.05510USDT	0.05550USDT
15	C-KRW C_KRW	bithumbkorea	-	74.31KRW	-0.04%	300,579.41C	92	74.34KRW	75.02KRW
16	C-EUR C-EUR	bitvavo	B	0.04749EUR	-0.38%	184,185.82C	191	0.04767EUR	0.04803EUR
17	C-USDC C_USDC	cryptology	D	0.05455USDC	-0.37%	66,536.88C	148	0.05475USDC	0.05575USDC
18	C-THB THB_C	bitkub	C	1.80THB	-3.23%	7,784.32C	6	1.86THB	1.86THB
19	C-USDT CUSDT	coinex	C	0.05433USDT	-1.39%	5,373.71C	1,582	0.05510USDT	0.05544USDT
20	C-INR CINR	coindcx	-	5.33INR	-3.20%	2,115.16C	6	5.51INR	5.64INR
21	C-KRW C_KRW	coinone	C	80.85KRW	0.00%	0C	0	80.85KRW	80.85KRW
22	C-USDT C_USDT	poloniex	C	0.1129USDT	0.00%	0C	0	0.1129USDT	0.1129USDT
23	C-USDT CUSDT	hitbtc	E	0.06086USDT	0.00%	0C	0	0.06086USDT	0.06086USDT