VANA

Vana

EthereumDeFiLayer 1AI

Price
$0.7702
24h
−1.7%
7d
−7.6%
Market cap
$23.7M
24h volume
$615.7K

ethereum 0x7ff7fa94b8b66ef313f7970d4eebd2cb3103a2c0

Report

Vana (VANA) is a AI token on Ethereum. 30.8M of a maximum 120M are in circulation, or 26%. It ranks 746th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

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

Vana's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
30.8M
Total supply
120.0M
Max supply
120.0M

Supply as of 20h ago