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.


C	ERC20	BASE	0xba12bc7b210e61e5d3110b997a63ea216e0e18f7	2025-04-02
C	BEP20	BNB	0xc32cc70741c3a8433dcbcb5ade071c299b55ffc8	2025-06-24