$VANA

Vana Coin (VANA) is the native token of a distributed private user data network, designed to enable user-owned artificial intelligence (AI). Here are some key details about Vana Coin:

• Project Introduction:

• Vana is a distributed private user data network where users can own and manage the AI models they contribute and profit from them. Developers can access cross-platform data to support personalized applications and train cutting-edge AI models.

• Technical Features:

• Data Liquidity Pools (DLPs) serve as a coordinating layer for collective data assets, managing data verification rules, access permissions, and token distribution.

• Trusted Security Zones provide a Trusted Execution Environment (TEE) for private computing, completing complex operations without exposing data.

• Vana addresses the “double spend” problem of data through a combination of privacy protection and programmable access rights, treating data transactions as state transitions, with each transaction updating the global state while handling data and economic affairs.

• Vision:

• Vana's goal is to disrupt the existing data economy model, allowing users to regain ownership and control over their own data and to directly profit from training AI models with that data, becoming the masters of their own data.

• Founding Team:

• Vana was co-founded by two Filipino entrepreneurs, Anna Kazlauskas and Art Abal. Anna has a background in computer science and economics, participated in Ethereum mining in its early days, and conducted data research at international financial institutions. Art Abal holds a Master's in Public Policy from Harvard University and previously led innovative data collection methods at the AI training data provider Appen.

• Token Economics:

• The total supply of VANA tokens is 120 million, with 44% allocated to the community (unlocking over 36 months), 22.9% to the ecosystem (unlocking over 48 months), 18.8% to core contributors (part unlocking after 1 year + 4 years unlocking), and 14.2% to investors (part unlocking after 1 year + 3 years unlocking). The circulation at Token Generation Event (TGE) is 28.5%.

• The uses of VANA tokens include supporting network security, governance voting, transaction fees, participation in DataDAO, and serving as currency for data access.