Chainbase Token

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

Key functions include:

• 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.

Chainbase was co‑founded by three key individuals:

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

Mogu (Co‑Founder and CEO)

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.

Chris Feng (Co‑Founder and COO)

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.

Masafumi Shimizu (Co‑Founder)

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.