In the constant flow of blockchain projects combined with artificial intelligence (AI), Vana Network has quickly attracted the attention of the community by becoming the 62nd project on Binance Launchpool.
So, what are the highlights of Vana in this promising event? Let's find out below.
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Introduction to Vana Network
Vana Network is an EVM-compatible Layer 1 Blockchain, focusing on unlocking the potential of user-owned data. The project offers a decentralized platform where data can be monetized as liquid assets within the AI ecosystem.
Not only providing breakthrough technical solutions, Vana also addresses security and privacy needs through technologies like Zero-Knowledge Proof (ZKP) and Trusted Execution Environment (TEE).
Details on Vana Launchpool
Binance has officially announced that Vana (VANA) will be the next Launchpool project on their platform. Here are the specific details:
- Token name: Vana (VANA)
- Max Supply: 120,000,000 VANA
- Genesis Supply: 112,641,600 VANA (equivalent to 93.87% of the max supply)
- Launchpool Rewards: 4,800,000 VANA (4% of the max supply)
- Initial Circulating Supply at Listing: 30,084,000 VANA (25.07% of the max supply)
Launchpool Details:
- Mining Period: From 00:00 December 14, 2024 (UTC) to 00:00 December 16, 2024 (UTC).
- Binance Spot Listing: At 10:00 December 16, 2024 (UTC).
- Hourly Hard Caps:
- BNB Group: 8,500 VANA.
- FDUSD Group: 1,500 VANA.
- Participation Requirement: Complete KYC as required by Binance.
REGISTER BINANCE ACCOUNT NOW: https://accounts.binance.com/register?ref=125642931
Why is Vana Noteworthy?
- Layer 1 Blockchain Platform Optimized for AI
Vana not only focuses on data security but also provides infrastructure to support AI in utilizing data.
- Reputable Fundraising Team
The project has raised $5 million in a Strategic Funding round led by Coinbase Ventures.
- Equitable Tokenomics, Community-Centric
Vana allocates 44% of its token supply for community participation and user incentives.
- Unique Features
For users, Vana allows the ownership and trading of data as an asset, while developers can access accurate data to train AI models.
Conclusion
Vana Network is not just a Layer 1 Blockchain project, but it also brings a breakthrough solution for data monetization. Being selected by Binance Launchpool is an important first step for the project's development and global recognition.
Join Binance Launchpool from December 14, 2024, to not miss the opportunities to deeply engage with this pioneering AI and Blockchain ecosystem!
REGISTER BINANCE ACCOUNT NOW: https://accounts.binance.com/register?ref=125642931
The article VANA AI Project Announces Binance Launchpool, What's Hot first appeared on Coin79 - Crypto News and Investment Knowledge.
