What is VANA?
VANA is a Layer 1 blockchain compatible with EVM, with the core goal of transforming users' data into controllable assets on the chain, allowing users to truly own and control their data, while receiving economic returns through data contributions.
In traditional data models, data is often monopolized by centralized platforms, and users cannot directly benefit from their own data. VANA is redefining the value circulation of data by breaking down data barriers through decentralization and data assetization, creating a brand new data economy.
VANA's Vision
VANA's mission is:
Empowering users to control and monetize data: Breaking the control of centralized platforms over data, returning the value of data back to users.
Empowering AI researchers: Providing high-quality, portable datasets for AI researchers through an open and transparent data market, accelerating the innovation and iteration of artificial intelligence models.
Building a decentralized data economy: Achieving fair and transparent data circulation, eliminating intermediaries, and creating a win-win data ecosystem for multiple parties.
VANA's Value Proposition
Users: Contributing data through DataDAO and earning returns, achieving true ownership and monetization of data.
Developers: Obtaining high-quality, verifiable, and transparent datasets, reducing data costs, and improving AI model building efficiency.
Ecosystem: Eliminating middlemen, enhancing data circulation efficiency through a decentralized data market, allowing all participants to share the dividends of the data economy.
VANA's Core Working Mechanism
Decentralized Data Network
Including the Data Liquidity Layer and Data Portability Layer, achieving data storage, sharing, and trading.
DataDAO (Decentralized Autonomous Organization for Data)
A place for data collection and management, where users can join DataDAO by contributing data, forming tradable on-chain data assets.
Validators
Ensuring the security of the blockchain by verifying the authenticity and reliability of the data contributed by users.
Proof of Contribution (PoC)
Ensuring the authenticity and security of data through privacy protection technologies, preventing data abuse and leakage.
VANA's Core Use Cases
Network Security
Users can stake VANA tokens to participate in network security protection.
Transaction Fees
VANA serves as the primary transaction medium on-chain, used to pay Gas fees and perform on-chain operations.
DataDAO Staking
Supporting quality DataDAO projects and earning additional token emission rewards through staking VANA.
Default Data Access Currency
VANA is the default payment token for accessing DataDAO data.
Trading Pairs and Liquidity
VANA is the main trading pair within the ecosystem, ensuring the on-chain liquidity of tokens.
Network Governance
VANA holders can participate in governance decisions of the network, including protocol upgrades and fund allocation.
VANA's Financing and Token Economic Model
Financing Background
VANA has completed three rounds of financing, raising a total of $25 million, with supporting investment institutions including:
Polychain Capital
Paradigm
Coinbase Ventures
The support of these well-known investment institutions reflects the market's high recognition of the VANA project.
Token Supply and Circulation
Maximum Supply: 120 million tokens
Initial Circulation: 22% of total supply
Ensuring initial ecological incentives and long-term stable development of the network through a scientific token distribution mechanism.
Conclusion
VANA is reshaping the value system of data, transforming users' data from passive control to on-chain assets, realizing the vision of a decentralized data economy. By introducing DataDAO, PoC mechanisms, and a decentralized data network, VANA will become a bridge between users, developers, and AI researchers, promoting the vigorous development of the on-chain data economy.
With the rapid development of data assetization and AI technology, VANA's market prospects cannot be underestimated, and its unique technical architecture and strong investment background also provide strong support for future ecological expansion.
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