AI has always been one of the core narratives of this cycle and will run through the entire bull and bear market! From Web2 to Web3, it is the most eye-catching focus!
First of all, congratulations to#Vana(@withvana) for obtaining a total financing of 25 million US dollars and invested by top institutions, including Coinbase Ventures, Paradigm, Polychain, etc.
In the era of artificial intelligence, data is like oil. Most of the current data is firmly controlled by Web2 oligarchs. As#AItraining reaches the second half, the public Internet data used to train artificial intelligence models has been exhausted. This brings two major problems. The first is the ownership and fair return of data. The data created by ordinary people has not been effectively incentivized. The second data shortage leads to high data costs, making it more difficult to make#AIentrepreneurship fair and popular.
In response to the above difficulties,#Vanaprovides an effective solution.#Vanais the first network designed specifically for private data owned by users. It consists of an EVM-compatible L1 blockchain. By establishing a decentralized autonomous organization (DAO) network, it uses its blockchain technology to solve the problem of lack of training data for artificial intelligence models, while providing Internet users with a way to make money.
Currently, the first DAO using Vana blockchain has been launched. Users can earn $300-400 by authorizing the sharing of data on the Reddit platform. I believe that more and more social media-based DAOs will be launched on the Vana chain in the future, such as LinkedIn, Twitter, Facebook, etc., and earn a lot of money by selling their own data for training#AImodels. Looking forward to #Vana's later testing activities and airdrop opportunities!