VANA is a new cryptocurrency project that will be launched on Binance in 30minutes time. It focuses on enabling user ownership of AI data and models. Vana operates as an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain, designed for private data ownership and decentralization. Users can contribute data to Data DAOs (Decentralized Autonomous Organizations) and earn rewards, with the goal of overcoming data scarcity in AI training while ensuring fair rewards for contributors.

Binance has allocated 4% of VANA's total supply (4.8 million tokens) for farming, which began on December 14, 2024. Users can lock Binance Coin (BNB) or First Digital USD (FDUSD) to earn these tokens. The official market debut is scheduled for December 16, 2024, with trading pairs like VANA/USDT, VANA/BNB, and more. VANA will launch with a "Seed Tag," indicating it may experience high price volatility initially.

This project aims to decentralize the AI data ecosystem, allowing contributors to own and govern the models their data supports.

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