According to the official announcement, the decentralized AI data liquidity network VANA will soon launch its native token. The main functions of VANA include staking to participate in the data liquidity pool, governance voting rights, payment of network transaction fees, network contribution rewards, and data access payment.
1. Project Introduction
Vana is an AI identity generation application that allows users to create a digital persona that can be used in different applications. The digital persona is private and can only be controlled by the user who created it and the account authorized by it.
Tags: social, artificial intelligence
Founded: 2021
2. Financing
December 1, 2022: vana completed a financing of US$18 million. Led by Paradigm, Polychain, Packy McCormick, Casey K. Caruso and other institutions participated in the investment.
September 18, 2024: Vana completes $5 million in strategic financing led by Coinbase Ventures.
3. Distribution of Tokens
VANA is the native token of Vana Network, powering its ecosystem and enabling secure, user-owned, decentralized data transactions. The total supply of VANA is 120,000,000 $VANA, ecosystem and community: 66.9%. TGE float: 28.5%. The specific distribution of tokens is as follows:
Community: 44.0% (no cliff, unlocked in 36 months)
Ecosystem: 22.9% (no cliff, unlocked in 48 months)
Core Contributors: 18.8% (5-year vesting: 1-year cliff + 4-year unlocking)
Investors: 14.2% (4-year vesting: 1-year cliff + 3-year unlock)
Disclaimer: All information in this article is for communication only and does not constitute any investment advice. Please abide by the relevant laws and regulations of your region. Refuse to invest at your own risk.
