VANA
Vana is a decentralized network designed to empower users with ownership and control over their personal data, facilitating the development of user-owned artificial intelligence (AI) models. By enabling individuals to contribute their data to Data Liquidity Pools (DLPs), Vana allows users to earn rewards and gain ownership stakes in the AI models that utilize their data.
Key Features of Vana:
Data Liquidity Pools (DLPs): These pools aggregate user-contributed data, which is then validated and tokenized, creating data tokens that represent ownership and value.
Proof of Contribution: Vana employs a system to validate data submissions, ensuring they meet the network's quality standards.
Non-Custodial, Portable Data: Users maintain control over their data, accessing it through their wallets, which enhances privacy and enables personalized AI experiences without compromising security.
Open Infrastructure: Originating as an MIT research project in 2018, Vana is entirely open-source and operates as a permissionless, decentralized network, encouraging contributions from a global community.
VANA Token:
The VANA token serves as the native cryptocurrency within the Vana ecosystem, facilitating transactions, rewarding participants, and representing ownership stakes in data and AI models. As of December 29, 2024, VANA is trading at approximately $19.76, with a 24-hour trading volume around $329 million, a circulating supply of 30.08 million tokens, and a market capitalization of approximately $594 million.
Mission and Vision:
Vana aims to create an open internet where users own and govern their data and the intelligent products derived from it. By liberating data from centralized platforms, Vana seeks to democratize AI development, ensuring that the benefits and ownership of AI are distributed equitably among all participants.
For more information, visit the official Vana website: