Previously, congratulations to those of you who have worked on the Vana testnet. For those of you who are curious about "what is the Vana token?" you can read
Vana is the first network for user-owned data. This network changes the way data is owned, shared, and monetized. Vana L1 allows users to pool their data in a DataDAO while maintaining control and privacy.
Vana came as a form of protest against the sale of data from bigtech users like reddit, without sharing the proceeds with the data owner. Thus was created Vana, which started from an MIT research project in 2018, which focused on giving users the right to own their own data and the AI models they create
Total Supply: 120,000,000 $VANA
- Community: 44%
- Ecosystem: 22.9%
- Investors: 14.3%
- Team: 18.8%
Utilities:
- Data Trading: Used for all data-related transactions in the ecosystem, including data verification, transmission, and AI function operations.
- DataDAO Staking: Users can stake VANA tokens to support their favorite DataDAO. Staking helps maintain data security and earn rewards based on the quality and quantity of DataDAO data.
- Governance: Participate in voting decisions, such as determining the number of DataDAOs that receive rewards. Participate in the formulation of data quality assessment standards.
- Payment for Data Access: As a payment currency for purchasing and accessing data. This is the native token for accessing data in the ecosystem.
- Data Contribution: Users can contribute data by visiting the Vana website and selecting the dataset of interest.
- Token Staking: Once the VANA token is launched, users can stake to support their favorite projects and earn staking rewards.
- Developer Participation: Developers can create their own DataDAO or data applications.
I think Vana is quite unique, because it focuses heavily on AI and Bigdata, you could say that Vana is a token that can revolutionize data ownership and develop that data into something better. Vana has been audited by Hashlock.
if you forgot to work on the testnet that I shared, you can still join farming $VANA by joining the binance launchpool program. By staking $BNB or $FDUSD you can get an allocation of Vana tokens
Join Binance Launchpool here
Website: https://www.vana.org/
Docs: https://docs.vana.org/docs/home
