The development of AI is inseparable from the feeding of data. Data is like oil, computing power is like roads, and AI is like cars. Nowadays, public data is gradually being mined and is increasingly insufficient for AI model training. The huge amount of private data is becoming the focus of the market!

In the AI ​​era, data sovereignty is crucial, and Vana (@withvana) is subverting the traditional data ecosystem. Unlike platforms such as Meta and Google that make profits by selling user data,#Vanaenables users to monetize their own data and become part owners of AI models trained on their data. This innovative model not only redefines the way AI companies obtain data, but also gives users the right to control and benefit from their own data.

The current AI development relies on data, which brings pain points:

The rapid growth of artificial intelligence models relies on massive amounts of high-quality data for training. However, the available data in the public domain is rapidly decreasing, and AI models are facing a data bottleneck. This scarcity forces AI companies to pay high fees to purchase private data or try to "steal" it directly from users.

As the importance of data increases, users are gradually awakening:

• The value of data: Users own all the data they create and can benefit from the data.
• Scarcity of data: Data from only 100 million users worldwide is sufficient to support the long-term operation of AI models.

#Vana is the first user-owned data network in Web3, providing users with a new option to control the value of their data. The core mechanism of Vana is:

Vana introduces an innovative concept: Data DAO (Decentralized Autonomous Organization), also known as Data Liquidity Pool (DLP), to manage and distribute user-contributed data:

1. Data Contribution: Users contribute data to a specific DAO (e.g. Reddit Data DAO), which verifies the data quality and integrates it.
2. Token Rewards: Users are rewarded with tokens that represent their stake in the DAO. These tokens can be used for trading or staking, providing financial incentives for users.
3. AI use and benefits: AI companies and researchers access data by providing ownership or sharing of AI models. Users are rewarded based on their data’s contribution to improving model performance and become stakeholders of the model.

For example, when you contribute Reddit data to the Reddit DAO, you not only receive token rewards, but also continue to benefit when AI models trained on this data are used.

In addition to data sovereignty, data privacy and security are also crucial in the AI ​​era.#Vanahas also made great efforts to protect user privacy:

• Data is stored in a non-custodial, privacy-preserving manner, ensuring users have full control over their data.
• Use a strong validation mechanism to filter low-quality or false data to ensure the training quality of the AI ​​model.
• Leverage ZK and TEE technologies to use private data for AI training.

Through these measures,#Vanamaximizes the value circulation of data while protecting privacy.

Vana — The rapid rise of the data DAO ecosystem:

Since its launch, Vana has facilitated the creation of 63 data DAOs. Take the Reddit Data DAO as an example. It attracted 140,000 users to contribute Reddit data in just one week.

• Data DAOs have expanded to multiple areas, including X (formerly Twitter), LinkedIn, Instagram, Tinder, and browser history.
• The aggregation of cross-platform data enables developers to train AI models on more comprehensive data sets, breaking the traditional platforms’ monopoly on data.

Vana investment institutions: #Vana's total financing amount is as high as 25 million US dollars, and investment institutions include: Paradigm, Coinbase Ventures, Polychain and other top institutions.

Vana Team: The Vana project originated from MIT, and its team members are composed of professionals with deep and professional knowledge in blockchain technology, privacy, and artificial intelligence.

Anna Kaz is the co-founder and CEO of Vana and previously worked as an engineer at Celo. She graduated from MIT.

Stephen Boske is Vana's legal director and formerly served as deputy general counsel and product advisor at Coinbase. He graduated from New York University School of Law and the University of Texas at Austin.

Vana Token Economics:
Token Name: $VANA
Total number of tokens: 120 million
Token Allocation:
Community: 44%
Ecosystem: 22.9%
Core Contributors: 18.8%
Investors: 14.3%
Judging from the token distribution and unlocking data, the project has a large scale, and 44% of the tokens are allocated to the community, which shows that the project attaches great importance to community building. From historical experience, those who attach importance to the community will win the world. The team and investors have a total of 33.1% of the tokens, which need to be locked for one year before they can be unlocked, and it will take another 4-5 years to unlock. It can only be said that it is a rare VC coin that does not cut leeks. The selling pressure should not be too great in the early stage. If the valuation is reasonable after listing, you can buy it!

$VANA Token Value Capture:

Stake to participate in DLP

Governance Voting Rights

Network transaction fees

Rewards for network contributors (the first 16 data DAOs will be allocated $VANA tokens monthly based on user contribution metrics)

Data access fee

#Vana's future potential:

Vana’s core goal is to support the training and optimization of next-generation AI models through large-scale, high-quality data contributions:

1. Empowering developers: Vana provides developers with an open data API to support the development of personalized AI applications.
2. Expand the user base: Attract tens of millions of users to participate in data contribution through reward mechanisms and privacy protection.
3. Promote community-led AI: Build community-owned AI models based on user data to subvert the AI ​​landscape dominated by traditional technology giants.

Summarize:
#Vana empowers individuals with the right to control and benefit from their data through a user-led data network, while providing high-quality data support for AI models. This not only redefines the way data value is distributed, but also heralds a community-led AI future. As the ecosystem continues to develop, Vana is expected to become an important force in promoting the AI ​​and data economy revolution, which is worth looking forward to!