As $VANA is coming to binance here is the most amount of information you may need to know about the project and at what price i think it may launch.
**What is #Vana ? **
Vana is a native EVM-compatible Layer 1 blockchain designed to empower users with ownership and control over their data. Built to address the growing demand for decentralized, user-centric solutions, Vana combines the efficiency of Ethereum Virtual Machine (EVM) compatibility with a mission to redefine the way data is managed and monetized.
Key Benefits of Vana
Data Ownership: Users retain full control over their data and its usage.
Tokenized Data: Data is converted into secure, tradable assets.
Privacy & Security: Advanced technologies like Trusted Execution Environments (TEEs) and Zero-Knowledge Proofs (ZKP) ensure data remains private and secure.
Decentralized Governance: Participants influence the network’s development through on-chain voting.
VANA USE CASES
Network Security: Validators stake Vana to secure the network, earning rewards in return for ensuring its stability.
Transaction Fees: Vana is used for all operations within the network, including smart contracts and DataDAO interactions.
DataDAO Support: Vana tokens are staked in DataDAOs to support data liquidity pools, rewarding contributors for their valuable data.
Governance: Vana token holders participate in decentralized governance by voting on proposals, influencing the network’s future direction.
Data access currency: Vana is the primary currency for accessing datasets within DataDAOs, enabling the use of tokenized data in various applications.
VANA Tokenomics
Token Name: Vana
Max Token Supply: 120,000,000 VANA
Initial Circulating Supply: 30,084,000 Vana (25.07% of max supply)
Vana tokens were also farmed on Binance Launchpool with BNB and FDUSD
Binance Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)
Here is the distribution map of VANA tokens
Vana Price Prediction
The average marketcap of recent launchpad tokens was $200M - $350 Million
If VANA launches with the market cap between $200 - $350 million and the initial circulating supply will be 30,084,000 as it's mentioned.
It's possible that Vana will be launched with the price of $6 - $11. it's just based on my assumptions.
I hope this article will help you to know about #BinanceLaunchpoolVANA