According to Foresight News, Vana, a decentralized AI data liquidity network, announced the establishment of the Vana Foundation, through which it plans to launch the Vana mainnet. The Vana protocol was co-developed by Open Data Labs (a research and technology company headquartered in San Francisco and incubated by the MIT Media Lab), enabling users to contribute private data to the development of future AI projects in an on-chain form, turning it into a new and valuable asset class. VANA said: With the support of the VANA token, the network is able to facilitate data verification, governance, and user-driven transactions within a privacy-preserving and permissionless framework.