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Sunday, December 22, 2024
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    HomeMarketVana Mainnet Goes Stay, VANA Token Faces Market Volatility as iDEGEN Surpasses...

    Vana Mainnet Goes Stay, VANA Token Faces Market Volatility as iDEGEN Surpasses $5.8M


    • The Vana mainnet permits customers to personal, monetize and handle their private knowledge.
    • iDEGEN is presently conducting a pre-sale with a dynamic pricing mannequin.
    • VANA token faces market volatility as iDEGEN rapidly positive factors traction, elevating over $5.8 million.

    The Vana mainnet has gone stay, introducing the VANA token as a brand new digital asset aimed toward permitting customers to retain possession and management of their private knowledge. Nonetheless, regardless of this optimistic growth, the worth of VANA plunged, inflicting concern amongst traders.

    On the identical time, iDEGEN, an AI-powered meme token, is quickly gaining traction because of a dynamic pre-sale mannequin, 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 permit customers to keep up possession and management of their private knowledge.

    Developed by Open Information Labs, a San Francisco-based analysis and know-how firm born from the MIT Media Lab, the Vana Community is an EVM-enabled blockchain that makes use of privacy-preserving applied sciences to allow the usage of knowledge for coaching AI fashions.

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    Greater than 1.3 million customers participated within the testnet section, contributing greater than 6.5 million knowledge factors, which have been processed at a fee of roughly 1.7 million transactions per day. This sturdy testing section demonstrated that programmable knowledge possession is possible and important in as we speak's AI growth panorama, in response to Anna Kazlauskas, CEO of Open Information Labs and inventor of Vana.

    The mainnet launch goals to interrupt the so-called “knowledge wall” that limits the total potential of AI. Vana's distinctive method permits customers to not solely personal their knowledge legally, but in addition monetize it by means of DataDAOs, collective knowledge possession organizations that use the VANA token for governance and worth sharing.

    Key options of the Vana mainnet embrace trustless validation by way of safe knowledge entry and trusted execution nodes, granular permissions, on-chain knowledge provenance, and knowledge liquidity swimming pools that allow collective pooling. knowledge.

    By staking VANA on DataDAO by means of the Information Hub, customers can earn by contributing their knowledge and receiving dataset-specific tokens that grant governance rights. These tokens could be exchanged for VANA, thereby aligning person incentives with the financial targets of the community.

    Nonetheless, regardless of the thrill surrounding the Vana mainnet launch, the VANA token has confronted market volatility. In keeping with the most recent knowledge, the VANA token noticed a big decline, buying and selling at $20.59, down 39.1% within the final 24 hours.

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    Though fluctuations are frequent within the early days of recent blockchain networks, the autumn of VANA tokens has raised considerations amongst holders.

    iDEGEN gives an alternative choice to VANA traders

    As VANA faces market volatility upon its mainnet launch, a revolutionary new AI crypto mission, 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 throughout its ongoing presale, with over a billion tokens bought.

    What units iDEGEN aside is its dynamic pre-sale pricing mannequin, which adjusts each 5 minutes primarily based on market exercise. Costs improve by 5% after consecutive purchases or lower by the identical margin in periods of inactivity. This revolutionary method creates a fast-paced buying and selling atmosphere that draws merchants who thrive on volatility.

    The AI-powered meme token leverages synthetic intelligence (AI) to work together with its group, adapting its growth primarily based on suggestions obtained by means of interactions on stands out as greater than only a coin, but in addition positions this as a mission deeply rooted in group engagement and innovation.

    As iDEGEN prepares for its mainnet itemizing, its preliminary itemizing value is predicted to be 10% increased than the ultimate pre-sale value, making a compelling case for traders seeking to defend in opposition to market volatility .

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    In case you are within the iDEGEN presale, go to the official mission web site for extra data.

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