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Vana mainnet goes live with $VANA to power data as a new asset class in global AI economy
- Vana, the user-owned data network, has launched its mainnet and $VANA token after a successful testnet phase.
- Chainwire reports over 1.3 million users contributed more than 6.5m data points to DataDAOs, processing 1.7 million transactions daily.
- Vana's EVM-compatible blockchain preserves data privacy while enabling its use for AI model training through programmable data ownership.
- DataDAOs will leverage $VANA to enable owners to monetize and govern their collective personal data for a stake in the cross-platform data sets powering AI growth.
- Blockchain provides inherently secure trustless validation through data ingress and trusted execution nodes, where users control their given permissions.
- $VANA's total supply of 120 million tokens enables data governance, network security, incentivized quality of contributed data and revenue sharing from data usage.
- The Vana ecosystem includes independent research company, Open Data Labs, whose CEO calls Vana's launch 'a fundamental shift in how data is owned and monetized in the AI era.'
- Discontent with the current private data trading model, Vana is empowering users to own a stake in their own data's worth and future technology creation.
- As AI hits a data wall and platforms monetise user data without sharing the benefits with users, Vana's permissioned, secure and incentivised approach offers users sovereignty and participation in data and AI growth.
- DNA DAO and an expansion of a Reddit Data DAO approach data contributions with privacy-related priorities and a community-owned data pool mindset on the Vana network.
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