Vana
VANA

17.19
$
6.99 %
Change 24h
Market Cap
$ 530,367,193
Volume 24h
$ 131,332,777
Circulating Supply
30,800,000
Total Supply
120,000,000
VANA
$
# Exchange Pair Price Volume 24h

Description

Vana is an EVM-compatible Layer 1 blockchain network that enables users to transform personal data into financial assets by aggregating private datasets for AI model training. This approach allows individuals to tokenize and monetize their data through Data Decentralized Autonomous Organizations (Data DAOs), granting them ownership and control over their digital footprints. VANA DOCS Key Features of Vana: Data Liquidity Pools (DLPs): Vana introduces Data Liquidity Pools, where users can contribute data, which is then validated and tokenized. These pools facilitate the creation of data tokens, representing ownership and value of the contributed data. VANA DOCS Proof of Contribution: To ensure data quality and integrity, Vana employs a Proof-of-Contribution system. This mechanism validates data submissions, ensuring they meet the standards required by the network. VANA DOCS Incentive Structures: Participants in the Vana ecosystem, including data contributors, validators, and DLP creators, are rewarded with $VANA tokens. This incentivizes active participation and the provision of high-quality data. VANA DOCS