- 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 rapidly good points traction, elevating over $5.8 million.
The Vana mainnet has gone stay, introducing the VANA token as a brand new digital asset aimed toward empowering customers to keep up possession and management over their private knowledge. Nonetheless, regardless of the optimistic growth, the price of VANA has plunged elevating concern amongst traders.
On the identical time, iDEGEN, an AI-powered meme token, is rapidly gaining traction with a dynamic presale mannequin, that’s attracting traders in droves.
Vana mainnet launch
The Vana mainnet went stay 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 stay!
Right now, 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 thing you must know 👇 pic.twitter.com/y10UdOWtek
— vana (@withvana) December 16, 2024
Developed by Open Knowledge Labs, a San Francisco-based research 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 part, contributing greater than 6.5 million knowledge factors, which had been processed at a charge of roughly 1.7 million transactions every day. This strong take a look at part demonstrated that programmable knowledge possession is possible and important in in the present day’s AI growth panorama, in response to Anna Kazlauskas, CEO of Open Knowledge Labs and inventor of Vana.
The mainnet launch goals to interrupt via 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 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 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 via the Knowledge Hub, customers can earn by contributing their knowledge and receiving dataset-specific tokens that grant governance rights. These tokens might be traded for VANA, aligning person incentives with the community’s financial targets.
Nonetheless, regardless of the thrill round Vana’s mainnet launch, the VANA token has confronted market volatility. As of the most recent knowledge, the VANA token skilled a major drop, buying and selling at $20.59, down 39.1% previously 24 hours.
Although fluctuations are frequent within the early phases of latest blockchain networks, the VANA token plunge has brought on issues amongst holders.
iDEGEN affords an alternative choice to VANA traders
Whereas VANA navigates market volatility amid its mainnet launch, a brand new revolutionary AI crypto venture, iDEGEN, has rapidly 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 bought.
What units iDEGEN aside is its dynamic presale pricing mannequin, which adjusts each 5 minutes based mostly on market exercise. Costs enhance by 5% after consecutive purchases or lower by the identical margin in periods of inactivity. This progressive 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 have interaction with its group, adapting its growth 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 venture deeply rooted in group engagement and innovation.
As iDEGEN prepares for its mainnet itemizing, it’s anticipated to have an preliminary itemizing price 10% larger than the ultimate presale price, offering a compelling case for traders seeking to hedge towards market volatility.
If within the iDEGEN presale, go to the venture’s official web site for extra info.