$BNB
What is the VANA project?
Vana realizes programmable data ownership, with the core principle
being individuals holding personal data sovereignty.
What does that mean? Just like in the Web2 era,
large companies collect user personal information for free and commercialize it, for example,
by a certain news platform, which can earn hundreds of
billions of RMB just from advertising revenue in a year. Although content creators receive
some share on the platform, the core benefits are still firmly controlled by the company.
As we enter the Web3 era, this phenomenon is becoming more pronounced.
Reddit alone earned $203 million in 2024 by signing data authorization
agreements with AI companies, while users who contribute content to the platform
barely received any rewards.
This imbalance drove the birth of Vana.
Vana was co-founded by two Filipino entrepreneurs,
Anna Kazlauskas and Art Abal, who collaborated on the TOCA project to provide
opportunities for low-income people in the Philippines to earn rewards by contributing data,
laying the foundation for Vana's development.
The above content is sourced from publicly available information. Now let's talk about
what it has to do with our mining (revenue). The total amount is 120 million, and on Binance,
the circulating supply is over 30 million (25%), with 4.8 million mined. BNB accounts for
85% (4.08 million), so 408 ÷ 1860 = about 1 BNB mined
0.22 or so. Is that little?
How much is it worth? Based on a 0.5% yield, it would need to be 15.9 U for one,
if compared to the last MOVE yield of 1.2%,
it would need 35.2 U for one. Wow, when you calculate it, it’s shocking. Can it be that high?
However, VANA has many uses, not only as a staking node function,
but crucially as a token for paid personal data collection (AI training),
which still holds some expectations for value.
Attached are high-resolution images of the two founders.