Learn a little about the VANA network!
The Vana network is an EVM-compatible layer 1 blockchain designed to restore personal control over data and enable users to own artificial intelligence through private, secure data transactions at both individual and collective levels. In the context of artificial intelligence extracting significant value from user data, Vana ensures that data creators - individuals - retain a portion of the generated value while allowing researchers to access unique datasets.
By combining blockchain coordination, privacy-preserving technology, and coded economic incentives, Vana allows users to maintain full control over their data while contributing to collective data assets serving artificial intelligence and other applications.
The tokenomics of VANA is designed to adjust incentives for all members participating in the Vana network - validators, DLP creators, stakers, and community members. Vana prioritizes the liquidity of original data, supports strong contributions through DLP, and promotes decentralized governance, aiming to unlock the maximum potential of user-owned data and artificial intelligence technology.
With clear incentives to encourage participation, a carefully planned release process, and a commitment to long-term sustainability, Vana is building a dynamic and self-sustaining ecosystem where individuals and communities can realize true value from their data. The $VANA token is the foundation for this transformative vision, empowering users to control their data and drive innovation in AI and beyond.
On December 16, 2024, BINANCE will list Vana at 10 AM UTC, corresponding to 5 PM Vietnam time.
Total Genesis token supply: 112,641,600 VANA (93.87% of maximum token supply)
Binance lists 25.07% of total supply
• Launchpool token rewards: 4,800,000 VANA (4% of maximum token supply)
Launchpool details are as follows:
• Launchpool terms will apply and require completion of Binance KYC
• Hard limit per user per hour:
• 8,500 VANA in group $BNB
• 1,500 VANA in group $FDUSD
Supported groups:
BNB Lock (website will be available in about 12 hours): 4,080,000 VANA as rewards (85%)
FDUSD Lock (website will be available in about 12 hours): 720,000 VANA as rewards (15%)
• Mining time: 2024-12-14 00:00 (UTC) to 2024-12-15 23:59 (UTC).
The interface of VANA is quite simple, mainly introducing technical aspects.
Initially, the token is highly volatile and will be tagged #seedtag #Klink