- The Vana mainnet empowers customers to personal, monetize, and govern their private knowledge.
- iDEGEN is at present conducting a presale with a dynamic pricing mannequin.
- VANA token faces market volatility as iDEGEN shortly good points traction, elevating over $5.8 million.
The Vana mainnet has gone reside, introducing the VANA token as a brand new digital asset geared toward empowering customers to keep up possession and management over their private knowledge. Nonetheless, regardless of the constructive improvement, the worth of VANA has plunged elevating concern amongst buyers.
On the similar time, iDEGEN, an AI-powered meme token, is shortly gaining traction with a dynamic presale mannequin, that’s attracting buyers in droves.
Vana mainnet launch
The Vana mainnet went reside on December 16, introducing the VANA token as a brand new digital asset designed to empower customers to keep up possession and management over their private knowledge.
We’re excited to announce that Vana mainnet is reside!
Right this moment, we’re introducing:
⭐️ Testnet Neighborhood Rewards
🏵️ $VANA Staking
🎄 12 Days of DataDAOsThat is just the start of a brand new open knowledge economic system and the way forward for user-owned AI.
Right here’s every part it’s essential know 👇 pic.twitter.com/y10UdOWtek
— vana (@withvana) December 16, 2024
Developed by Open Knowledge Labs, a San Francisco-based analysis and expertise firm born out of the MIT Media Lab, the Vana community is an EVM-compatible blockchain that makes use of privacy-preserving applied sciences to permit knowledge for use for AI mannequin coaching.
Over 1.3 million customers participated within the testnet section, contributing greater than 6.5 million knowledge factors, which had been processed at a charge of roughly 1.7 million transactions day by day. This sturdy take a look at section demonstrated that programmable knowledge possession is possible and important in at present’s AI improvement panorama, in accordance with Anna Kazlauskas, CEO of Open Knowledge Labs and inventor of Vana.
The mainnet launch goals to interrupt via the so-called “knowledge wall” that has been limiting AI’s full potential. Vana’s distinctive strategy permits customers to not solely personal their knowledge legally but in addition monetize it via DataDAOs, collective knowledge possession organizations that use the VANA token for governance and value-sharing.
The important thing options of the Vana mainnet embrace trustless validation through safe knowledge ingress and trusted execution nodes, granular permissioning, on-chain knowledge provenance, and knowledge liquidity swimming pools that allow collective knowledge pooling.
By staking VANA to DataDAOs via the Knowledge Hub, customers can earn by contributing their knowledge and receiving dataset-specific tokens that grant governance rights. These tokens could be traded for VANA, aligning consumer incentives with the community’s financial targets.
Nonetheless, regardless of the joy round Vana’s mainnet launch, the VANA token has confronted market volatility. As of the most recent knowledge, the VANA token skilled a big drop, buying and selling at $20.59, down 39.1% prior to now 24 hours.
Although fluctuations are widespread within the early levels of recent blockchain networks, the VANA token plunge has precipitated issues amongst holders.
iDEGEN provides a substitute for VANA buyers
Whereas VANA navigates market volatility amid its mainnet launch, a brand new revolutionary AI crypto mission, iDEGEN, has shortly gained consideration as a brand new alternative for crypto fanatics.
Launched in late November 2024, iDEGEN has raised over $5,817,897.7 in its ongoing presale, with greater than 1 billion tokens bought.
What units iDEGEN aside is its dynamic presale pricing mannequin, which adjusts each 5 minutes based mostly on market exercise. Costs improve by 5% after consecutive purchases or lower by the identical margin during times of inactivity. This modern strategy creates a fast-paced buying and selling atmosphere that appeals to merchants who thrive on volatility.
The AI-powered meme token leverages synthetic intelligence (AI) to interact with its neighborhood, adapting its improvement based mostly on suggestions obtained via interactions on X. This integration of AI not solely makes iDEGEN stand out as greater than only a meme coin but in addition positions it as a mission deeply rooted in neighborhood engagement and innovation.
As iDEGEN prepares for its mainnet itemizing, it’s anticipated to have an preliminary itemizing value 10% larger than the ultimate presale value, offering a compelling case for buyers seeking to hedge in opposition to market volatility.
If within the iDEGEN presale, go to the mission’s official web site for extra data.
