Vana mainnet goes live with $VANA to power data as a new asset class in global AI economy

Quick Summary:

The launch marks a significant milestone in breaking through the data wall that’s limiting AI development while preserving privacy and giving users a stake in the value their data generates.

The network empowers users to maintain control over their data while participating in the growing AI economy by pooling their data with others and earning rewards for their contributions.

Vana’s solution enables individuals to participate in and benefit from the AI economy while maintaining sovereignty over their data.“The current way we buy and sell private data in Web2 is broken. Our data is extracted and held for ransom by a few platforms and data-brokers. They decide how much our data is worth, and the technology it creates. No more.

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Article Details

Author / Journalist: chainwire

Category: Crypto

Markets: IndiaCayman Islands

Topics: Users Data Economy Mainnet Network User-owned Technology Vana Datadaos $vana Launch

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 16:44:15 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24446184

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 27 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #121

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