Vana

Vana

Rank #775

VANA

0.619321USD-11.84% (24h)
Score47Neutral

Price History

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Market Stats

Market Cap Rank#775
Market Cap19.08M
Fully Diluted Valuation74.34M
24h Volume3.95M
24h High0.703022
24h Low0.609492
Circulating Supply30.80M
Total Supply120.00M
Max Supply120.00M
All-Time High35.23
All-Time Low0.609492
Genesis Date-

Sentiment

0% Bullish0% Bearish

About

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

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