Today, personal data are collected in the hands of large technology companies, and users do not make any profits, the valve is an improved blockchain project to change this situation. It allows users to check their data, while sharing their data to win prizes. Recently sitting on the agenda Vana Coin, artificial intelligence-supported Ethereum Virtual Machine (EVM)-based Layer-1 blockchain stands out.
What is Vana Coin?
Valve is a blockchain network that helps users convert personal data into financial assets. The platform allows users to share their data safely and transparently and allow them to contribute to the development of artificial intelligence models. At the same time, users are rewarded with Vanatoken as part of this process.
Recently, the valve is on the agenda with two big developments:
- Main Network Launch: On December 16, the main network officially started to operate and some protocol users were distributed to token via Airdrop. However, many users were disappointed, thinking that allocation was insufficient.
- Stock Exchange Listing Process: Binance postponed its listing for a few hours for technical and regulatory reasons. After this development, the price fell 15 %in the last 24 hours.
Basic Features of Vana
The valve is an innovative project that aims to radically change the data economy. Here are the prominent features:
- Data Ownership: Users keep their own data control.
- Fair Award: Users who share their data are rewarded with token.
- Safety and Privacy: The safety of your data is ensured by advanced cryptography.
- Open Source Infrastructure: Valve works as a platform that does not require permission and does not require permission.
How does it work?
The valve uses different technologies to help users manage their data and gain from it:
- Data Ownership: Users store their data in a safe environment and decide how to share.
- Data Liquidity Pools (DLPs): Users can safely combine their data to train artificial intelligence models.
- Privacy and Security: Advanced safety technologies protect user data against unauthorized access.
- Tokenized data rights: Users earn token in exchange for data sharing.
- Free of Corporal Artificial Intelligence: AI models are collectively owned by users who provide data.
Valve Coin Future
The valve stands out as an ambitious project aiming to create a decentralized data economy. The main network launch and the stock market list is currently attracting great attention. However, some issues such as Airdrop allocation and price fluctuations have created controversy in the community. In the coming days, the development of the platform may directly affect price performance.
This Coin draws attention as an innovative project that makes users say a say in the data economy. If you want to win prizes while checking your data, it is useful to closely follow Vaana!
