🌸 What is the VANA token? Detailed information about the Vana project
❣️ Vana is a layer 1 blockchain designed to protect users' personal data ownership rights. The project aims to turn data into a valuable asset while promoting the development of decentralized artificial intelligence.
🧲 Users can self-manage, own, and benefit from the AI models they contribute. At the same time, developers can leverage data from multiple sources to build personalized applications and enhance advanced artificial intelligence models.
🎯 Vana is EVM compatible and focuses on ensuring collective ownership of personal data. The project encourages the use of data to promote AI development through “Data DAOs” and provides rewards for the top 16 liquidity groups.
⏸️ Vana addresses the issue of double spending by ensuring that data is used as a financial asset in a flexible and structured manner. This is supported by a proof-of-contribution mechanism, which helps verify the value of data, protects privacy, and ensures that data is only used for approved purposes.
🎖 The project has successfully raised 25 million USD to carry out its mission of building user-owned AI while overcoming data-related challenges.
🔥 Binance Launchpool will officially list Vana (VANA token) on December 16.
📌 Token name: Vana Network
📌 Symbol: VANA
📌 Total supply: 120,000,000 VANA
