Vana

VANA Price

About Vana (VANA)

Vana is an EVM-compatible Layer 1 blockchain network designed to transform personal data into financial assets through decentralized ownership and AI model training.

• Enables users to tokenize and monetize their digital footprints via Data Decentralized Autonomous Organizations (Data DAOs).
• Utilizes Data Liquidity Pools (DLPs) where participants contribute, validate, and earn from their personal datasets.
• Employs a Proof of Contribution system to ensure high-quality data standards for training next-generation AI models.

What Is Vana

Vana is a decentralized infrastructure for portable and programmable personal data. It addresses the issue of "walled gardens" where user data is trapped on centralized platforms, allowing individuals to reclaim control and value from their digital context. By providing a framework for data portability, the protocol enables a more open ecosystem where information is not siloed by single service providers.

Value flows through the system by aggregating private datasets into collective pools. These pools are then used to train AI models, with the value generated by these models returning to the data contributors. This creates a circular economy where data has intrinsic liquidity and can be treated as a form of capital.

The token is "put to work" through rewarding data contributors, validators, and pool creators. It serves as the primary incentive mechanism for high-quality data provision and protocol security. As the ecosystem grows, Vana scales by allowing any developer to build applications on top of a live layer of user-owned data, creating a permissionless data market that expands with every new participant.

What Makes Vana Unique

• Data Liquidity Pools (DLPs): A novel mechanism for tokenizing data ownership and facilitating its trade or use in AI training without compromising individual privacy.
• Proof of Contribution: A validation system that specifically targets the quality and integrity of data submissions rather than just computational power, ensuring datasets are fit for professional AI development.
• User-Owned Infrastructure: Users hold their data in personal servers and grant access only through the protocol's programmable permissions, maintaining sovereignty over their digital lives.

What Can You Use Vana for?

• Data Monetization: Individuals can connect their existing accounts to tokenize their data and earn rewards for contributing to collective intelligence.
• AI Model Training: Developers can access diverse, high-quality, and user-permissioned datasets to build and refine AI applications with verified data sources.
• Governance Participation: Token holders can participate in Data DAOs to manage collective datasets and influence the long-term development of the protocol.

How Does Vana Work?

Vana operates as a Layer 1 blockchain, providing the foundational security and consensus for data transactions. It is EVM-compatible, which allows developers to use familiar Ethereum-based tools and smart contracts to build data-driven decentralized applications (dApps).

Transactions on the network require VANA tokens to pay for network gas fees, which compensate validators for securing the blockchain and processing data-related operations. This gas mechanism also serves to prevent network abuse and ensure efficient resource allocation.

The protocol uses a modular approach where personal data is stored off-chain in user-controlled servers, while the metadata and access permissions are managed on-chain. This ensures that sensitive information remains private while the rights to use that information can be transparently and securely traded.

Team Info and Investors

Vana is supported by prominent venture capital firms, including Paradigm, Coinbase Ventures, Polychain Capital, and DeFiance Capital. These partnerships provide the project with significant institutional backing and strategic guidance within the broader cryptocurrency and AI landscapes.

The project is developed as an open-source and permissionless protocol, fostering a community-driven ecosystem of data contributors and AI developers. While the core development is documented in available sources, the governance structure is designed to transition toward a decentralized model over time.

Where can you buy Vana?

VANA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Vana is Binance, where the most active trading pair VANA/USDT has a trading volume of $3,134,722.41 in the last 24 hours. Other popular options include LBank and Bybit.

What is the daily trading volume of Vana (VANA)?

The trading volume of Vana (VANA) is $9,640,291.38 in the last 24 hours, representing a 218.90% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Vana (VANA)?

Vana (VANA) reached an all-time high of $35.23 and an all-time low of $1.00. It’s now trading -96.80% below that peak and 12.50% above its lowest price.

What is the market cap of Vana (VANA)?

Market capitalization of Vana (VANA) is $34,590,005 and is ranked #573 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VANA tokens (31 Million tokens are tradable on the market today).

What is the fully diluted valuation of Vana (VANA)?

The fully diluted valuation (FDV) of Vana (VANA) is $134,766,251. This is a statistical representation of the maximum market cap, assuming the maximum number of 120 Million VANA tokens are in circulation today. Depending on how the emission schedule of VANA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Vana compare against its peers?

With a price decline of -1.00% in the last 7 days, Vana (VANA) is outperforming the global cryptocurrency market which is down -4.50%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -4.60%.

How to add Vana (VANA) to MetaMask?

Adding Vana (VANA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VANA as a token. You can copy VANA’s contract address (0x7ff7fa94b8b66ef313f7970d4eebd2cb3103a2c0) and import it manually, or if you've installed MetaMask's chrome extension, add VANA to MetaMask with one click on CoinGecko.

Add VANA to MetaMask.