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ToggleAI project Vana receives a total of US$25 million in financing
According to the official announcement , the cryptocurrency artificial intelligence project Vana announced that it has successfully received a total of US$25 million in financing. This funding came from three top institutions in the cryptocurrency field, including a US$5 million strategic financing round from Coinbase Ventures and an US$18 million investment from Paradigm. US$ Series A financing, and a US$2 million seed round led by Polychain.
Vana is a project that aims to create a user-owned AI platform and is committed to solving the data shortage problem currently faced by the AI industry. With the rapid development of artificial intelligence, data has become a key resource for training AI models, but traditional data sources (such as public Internet data) have tended to dry up, and AI researchers have encountered the so-called "data wall."
Vana's goal is to allow users to control and manage their own data in a decentralized manner, and to aggregate this data through a data DAO (Decentralized Autonomous Organization) to provide it to AI developers. This not only increases the accessibility of data, but also ensures that data contributors receive rewards for it. The official said in the press release:
"Vana is the first network designed for private, user-owned data. It consists of an EVM (Ethereum Virtual Machine)-compatible Layer 1 blockchain and is specifically designed for the collective ownership of private digital assets. These private data will Powering the future of AI, the network also natively supports data aggregation through data DAO and rewards the top 16 data liquidity pools.”
TG Mini Program Pre-mining Activity
Currently, Vana is preheating the project through a mini program on the communication platform Telegram. Users can earn tokens through click-to-play games or complete designated tasks to receive token rewards.
