Vana is a decentralized network platform designed to transform data into a new asset class, giving users ownership of their data while providing opportunities for data sharing and monetization. Through Vana, users can pool their data into DataDAOs, maintaining control and privacy, and earn rewards when their data is used in decentralized applications, such as AI models and data-driven dApps.
In the traditional data economy, tech companies profit from user-generated data, with little to no return for the users. Vana changes this by enabling users to control how their data is used and share in the profits generated from it. Users can contribute data, decide how it’s utilized, and earn a share of the revenue when the data is leveraged.
Vana’s decentralized design is built on blockchain technology, ensuring transparency, security, and privacy. Using technologies like Zero-Knowledge Proofs (ZKP) and Trusted Execution Environments (TEEs), Vana ensures the privacy and security of the data. Additionally, Vana incorporates decentralized governance, allowing participants to vote on data pool operations and ecosystem rules.
Vana offers users a new model for managing their data, turning it into a tradable asset while providing greater control and opportunities for financial gain.
Explore the tokenomics of Vana (VANA) and review the project details below.
What is the allocation & supply schedule for Vana (VANA)?
The total supply of VANA is capped at 120 million tokens, with the allocation designed to support the growth and sustainability of the Vana network.
Core Contributors (18.8%):
Tokens are released over 5 years with a 1-year cliff to ensure long-term commitment to the project.
Community (44.0%):
Aimed at fostering participation, including rewards for data contributions and early adopters. 20.3% of the allocation is released at TGE, and the rest unlocks over 36 months.
Investors (14.3%):
Allocated to early supporters with a 4-year vesting period (1-year cliff).
Ecosystem (22.9%):
Ensures long-term sustainability of the Vana network, with support for DataDAO bootstrapping and partnerships. 4.8% is released at TGE, with the remainder unlocking over 48 months.
Vana is a decentralized network platform designed to transform data into a new asset class, giving users ownership of their data while providing opportunities for data sharing and monetization. Through Vana, users can pool their data into DataDAOs, maintaining control and privacy, and earn rewards when their data is used in decentralized applications, such as AI models and data-driven dApps.
In the traditional data economy, tech companies profit from user-generated data, with little to no return for the users. Vana changes this by enabling users to control how their data is used and share in the profits generated from it. Users can contribute data, decide how it’s utilized, and earn a share of the revenue when the data is leveraged.
Vana’s decentralized design is built on blockchain technology, ensuring transparency, security, and privacy. Using technologies like Zero-Knowledge Proofs (ZKP) and Trusted Execution Environments (TEEs), Vana ensures the privacy and security of the data. Additionally, Vana incorporates decentralized governance, allowing participants to vote on data pool operations and ecosystem rules.
Vana offers users a new model for managing their data, turning it into a tradable asset while providing greater control and opportunities for financial gain.