- The Vana mainnet empowers customers to personal, monetize, and govern their private information.
- iDEGEN is at present conducting a presale with a dynamic pricing mannequin.
- VANA token faces market volatility as iDEGEN rapidly beneficial properties traction, elevating over $5.8 million.
The Vana mainnet has gone dwell, introducing the VANA token as a brand new digital asset geared toward empowering customers to take care of possession and management over their private information. Nonetheless, regardless of the constructive growth, the worth of VANA has plunged elevating concern amongst traders.
On the similar 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 dwell 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 information.
We’re excited to announce that Vana mainnet is dwell!
At the moment, we’re introducing:
⭐️ Testnet Neighborhood Rewards
🏵️ $VANA Staking
🎄 12 Days of DataDAOsThat is only the start of a brand new open information financial system and the way forward for user-owned AI.
Right here’s every little thing you have to know 👇 pic.twitter.com/y10UdOWtek
— vana (@withvana) December 16, 2024
Developed by Open Information 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 information for use for AI mannequin coaching.
Over 1.3 million customers participated within the testnet section, contributing greater than 6.5 million information factors, which have been processed at a fee of roughly 1.7 million transactions each day. This sturdy check section demonstrated that programmable information possession is possible and important in immediately’s AI growth panorama, in line with Anna Kazlauskas, CEO of Open Information Labs and inventor of Vana.
The mainnet launch goals to interrupt by way of the so-called “data wall” that has been limiting AI’s full potential. Vana’s distinctive strategy permits customers to not solely personal their information legally but in addition monetize it by way of DataDAOs, collective information 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 information ingress and trusted execution nodes, granular permissioning, on-chain information provenance, and information liquidity swimming pools that allow collective information pooling.
By staking VANA to DataDAOs by way of the Information Hub, customers can earn by contributing their information and receiving dataset-specific tokens that grant governance rights. These tokens may be traded for VANA, aligning consumer 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 information, 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 recent blockchain networks, the VANA token plunge has triggered considerations amongst holders.
iDEGEN gives an alternative choice to VANA traders
Whereas VANA navigates market volatility amid its mainnet launch, a brand new revolutionary AI crypto undertaking, iDEGEN, has rapidly gained consideration as a brand new alternative for crypto lovers.
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 modern strategy creates a fast-paced buying and selling surroundings that appeals to merchants who thrive on volatility.
The AI-powered meme token leverages synthetic intelligence (AI) to interact with its neighborhood, adapting its growth based mostly on suggestions obtained by way 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 value 10% greater than the ultimate presale value, offering a compelling case for traders trying to hedge in opposition to market volatility.
If within the iDEGEN presale, go to the undertaking’s official web site for extra info.
