Data has become one of the most valuable resources of the modern era, often referred to as the “new oil.” Data drives innovation, decision making, and growth across industries. However, many people don't realize how valuable this data is, which stores a lot of privacy and information. A real example is the use of social media, they take your data and sell it as they please and you don't get anything. Vana changes that by giving you ownership of your data. Through DataDAO, you can contribute, create tokens and share your data. You decide how that data is used, and you get rewarded for it. With Vana, data becomes an asset that empowers you whether used in AI development or other applications.

What is VANA?

VANA is the first network for user data. These networks are changing the way data is owned, shared and monetized. Vana L1 allows users to unify their data in a DataDAO while maintaining control and privacy.

Here's how Vana can work for you:

  1. Data Contribution: Users contribute data to DataDAO. Contributions range from social media data to IoT and sensor data, all stored securely and encrypted outside the network.

  2. Tokenization: Validated data is tokenized, enabling secure use of the data in various decentralized applications, especially for AI model development.

  3. Earn and Manage: Users gain governance rights across various DataDAOs, influencing decisions about data usage and earning a share of profits when the data is used.

  4. Vana leverages blockchain to ensure transparency, security, and decentralization in the way data is owned and shared.

Benefits:

  1. Data Ownership: Users retain ownership of their data, with complete control over how it is used within the app.

  2. Tokenized Data: Data is converted into verifiable and tradable assets for decentralized AI and data-driven applications.

  3. Privacy & Security: Zero-Knowledge Proofs (ZKP) and Trusted Execution Environments (TEE) ensure the privacy and security of data contributions.

  4. Decentralized Governance: Participants influence ecosystem rules and data set operations through on-chain voting.

The total VANA tokens that will be traded are:

Total Supply     : 120,000,000 $VANA
% to Community  : 66.9%
Float       : 25.1%

Participate in #VANA Lauchpool on Binance, via Binance Launchpool by:

  1. Sign in to Binance: If you don't have a Binance account yet, register and complete the verification process.

  2. Navigate to the Binance Launchpool section via the Binance app or website.

  3. Lock Your Token: Select a supported asset such as $BNB or FDUSD to stake into the VANA token pool.

  4. Earn VANA Tokens: As you stake, you will start earning VANA tokens in real time. The more you lock, the higher the rewards you get.

Binance will then list VANA on 2024-12-16 at 10:00 (UTC) and open trading with VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY trading pairs.

#BinanceLaunchpool #VANA