Vana

vana

Vana (vana) is a pioneering decentralized Layer 1 blockchain and smart contract platform focused on establishing the first network for user-owned data and decentralized AI. Operating as a distributed network, Vana aims to liberate data from centralized "walled gardens," empowering users to own, govern, and monetize their personal information. The vana ecosystem facilitates this through DataDAOs, where users contribute data to collectively owned and monetized datasets. Developers leverage Vana's open infrastructure to build user-owned AI models and applications, accessing non-custodial data. Key features include Data Validator Staking, which secures Trusted Execution Environments (TEEs) for data integrity and uptime, offering a 6% APR. The VRC-20 Data Token Standard is crucial for DataFi, transforming data-backed tokens into liquid, tradeable digital assets, fueling a new data economy. Backed by prominent investors like Paradigm, Coinbase Ventures, DeFiance Capital, and Polychain Capital, Vana is accelerating towards a user-owned AI future.

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