According to Mars Finance, Web3 startup Vana announced the completion of a $5 million strategic financing led by Coinbase Ventures. So far, Vana has raised a total of $25 million. Vana aims to build a user-owned data pool network, solve the problem of insufficient AI model training data through blockchain technology, and provide Internet users with a way to earn income. Vana plans to establish a decentralized autonomous organization (DAO) network that allows members to pool data accumulated from social media platforms such as Reddit, LinkedIn, or X, and sell these data sets to AI researchers. Previously, Vana received $18 million in Series A financing led by Paradigm.
Web3 startup Vana completes $5 million strategic round of financing, bringing total financing to $25 million
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