DATA Foundation says team and lead-investor token unlock did not start Aug. 13

DATA Foundation said tokens held by its team and lead investors did not begin unlocking on Aug. 13, even though that date had appeared in the project’s earlier public supply schedule. The organization, formerly called Story Foundation, announced on June 25 that those holders had extended their lockups by 18 months, which means the covered tokens remained locked on Thursday instead of starting their scheduled release. The Foundation did not say when the 18-month period begins, confirm a replacement unlock date, identify the wallets involved, quantify the tokens covered or explain how the added restriction is enforced. A February update had already pushed the initial unlock for previously locked team, investor and insider tokens from Feb. 13 to Aug. 13, 2026, while keeping total supply, allocations, vesting terms and legal ownership unchanged. At that time, the Foundation said a neutral automated smart contract would enforce the revised framework, but public materials still do not provide a contract address, code, transaction evidence or wallet list, and they do not show whether the June extension uses the same mechanism. The original distribution assigned 21.6% of the 1 billion-token initial supply to Early Backers and 20% to Core Contributors, with both categories set to unlock over 48 months, though the June extension refers only to the team and lead investors rather than all insider allocations. The same June update also renamed Story Foundation to DATA Foundation, Story Network to DATA Network and the former $IP token to $DATA on a one-to-one basis with no action required from holders. As a result, Aug. 13 has passed without the scheduled unlock for the covered cohort, while the next release date and scope of the extension remain undisclosed.

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