What is Vana (VANA)?
Vana is a user-owned data network revolutionizing data control, sharing, and monetization. Built on the Vana L1 blockchain, it enables users to pool their data into DataDAOs while retaining privacy and control. Developers can access these decentralized datasets to create AI models and data-driven dApps.
The Vana network is an EVM-compatible Layer-1 blockchain focused on empowering individuals to reclaim control over their personal data while fostering user-owned AI. Through secure and private data transactions, Vana enables both individual and collective participation in the data economy. In a world where artificial intelligence leverages vast amounts of user data, Vana ensures that individuals—the true data creators—receive a fair share of the value generated. Simultaneously, it provides researchers access to distinctive, user-contributed datasets.
By integrating blockchain technology, privacy-focused solutions, and tokenized economic incentives, Vana allows users to retain full ownership of their data while contributing to shared data pools driving AI and innovative applications. Its tokenomics model aims to align incentives across validators, stakers, DLP creators, and the broader community.
VANA is the native token of the Vana Network, powering its ecosystem and enabling secure, decentralized data transactions. It is integral to the network's multi-token system, serving key functions such as ensuring network security through validator staking, facilitating transactions and smart contract executions, and supporting DataDAOs. Users can stake VANA to earn rewards and enhance DataDAO performance, solidifying its role as the backbone of the Vana Network's decentralized data economy.
The total supply of VANA is 112.64 million tokens, with a circulating supply of 30.08 million tokens. VANA is listed on Binance for trade and purchase. The current price of VANA is updated in real time on Binance.
