- 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 features traction, elevating over $5.8 million.
The Vana mainnet has gone reside, introducing the VANA token as a brand new digital asset aimed toward empowering customers to take care of possession and management over their private knowledge. Nonetheless, regardless of the optimistic improvement, the value of VANA has plunged elevating concern amongst buyers.
On the identical 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 take care of possession and management over their private knowledge.
We’re excited to announce that Vana mainnet is reside!
At the moment, we’re introducing:
⭐️ Testnet Group Rewards
🏵️ $VANA Staking
🎄 12 Days of DataDAOsThat is just the start of a brand new open knowledge financial system and the way forward for user-owned AI.
Right here’s the whole lot you’ll want to know 👇 pic.twitter.com/y10UdOWtek
— vana (@withvana) December 16, 2024
Developed by Open Knowledge Labs, a San Francisco-based analysis and know-how 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 have been processed at a fee of roughly 1.7 million transactions day by day. This strong take a look at section demonstrated that programmable knowledge possession is possible and important in as we speak’s AI improvement panorama, based on Anna Kazlauskas, CEO of Open Knowledge Labs and inventor of Vana.
The mainnet launch goals to interrupt by means of the so-called “data wall” that has been limiting AI’s full potential. Vana’s distinctive method permits customers to not solely personal their knowledge legally but in addition monetize it by means of DataDAOs, collective knowledge possession organizations that use the VANA token for governance and value-sharing.
The important thing options of the Vana mainnet embody trustless validation by way of 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 by means of the Knowledge Hub, customers can earn by contributing their knowledge and receiving dataset-specific tokens that grant governance rights. These tokens may be traded for VANA, aligning consumer incentives with the community’s financial objectives.
Nonetheless, regardless of the joy round Vana’s mainnet launch, the VANA token has confronted market volatility. As of the newest knowledge, the VANA token skilled a big drop, buying and selling at $20.59, down 39.1% previously 24 hours.
Although fluctuations are frequent within the early phases of recent blockchain networks, the VANA token plunge has precipitated issues amongst holders.
iDEGEN gives a substitute for VANA buyers
Whereas VANA navigates market volatility amid its mainnet launch, a brand new revolutionary AI crypto undertaking, iDEGEN, has shortly gained consideration as a brand new alternative for crypto fans.
Launched in late November 2024, iDEGEN has raised over $5,817,897.7 in its ongoing presale, with greater than 1 billion tokens offered.
What units iDEGEN aside is its dynamic presale pricing mannequin, which adjusts each 5 minutes primarily based on market exercise. Costs enhance by 5% after consecutive purchases or lower by the identical margin in periods of inactivity. This modern method 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 primarily based on suggestions obtained by means of 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 undertaking deeply rooted in neighborhood engagement and innovation.
As iDEGEN prepares for its mainnet itemizing, it’s anticipated to have an preliminary itemizing worth 10% larger than the ultimate presale worth, offering a compelling case for buyers seeking to hedge towards market volatility.
If within the iDEGEN presale, go to the undertaking’s official web site for extra info.
