Vana mainnet goes stay, VANA token faces market volatility as iDEGEN soars above $5.8 million

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  • Vana Mainnet empowers customers to personal, monetize, and management their private knowledge.
  • iDEGEN is at present working a pre-sale with a dynamic pricing mannequin.
  • VANA token faces market volatility as iDEGEN quickly features momentum and raises over $5.8 million.

Vana mainnet is now stay and the VANA token has been launched as a brand new digital asset geared toward permitting customers to keep up possession and management of their private knowledge. Nevertheless, regardless of the optimistic developments, VANA's worth has fallen sharply, elevating considerations amongst buyers.

On the identical time, iDEGEN, an AI-powered meme token, is quickly gaining consideration with its dynamic pre-sale mannequin and attracting numerous buyers.

Vana mainnet launch

Vana mainnet went stay on December sixteenth, introducing the VANA token as a brand new digital asset designed to assist customers keep possession and management of their private knowledge.

Developed by Open Information Labs, a San Francisco-based analysis and expertise firm born out of the MIT Media Lab, the Vana community makes use of privacy-preserving expertise to allow knowledge for use to coach AI fashions. It's blockchain.

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Greater than 1.3 million customers participated within the testnet section, contributing greater than 6.5 million knowledge factors and processing at a charge of roughly 1.7 million transactions every day. In keeping with Anna Kazlauskas, CEO of Open Information Labs and inventor of Vana, this strong testing section demonstrates that programmable knowledge possession is each doable and important in as we speak's AI growth atmosphere. I did.

The mainnet launch goals to interrupt via the so-called “knowledge wall” that has restricted AI’s full potential. Vana’s distinctive strategy permits customers to not solely legally personal their knowledge, but in addition monetize it via DataDAO, a collective knowledge possession group that makes use of VANA tokens for governance and worth sharing.

Key options of Vana mainnet embody safe knowledge enter and trustless validation by way of trusted execution nodes, fine-grained permissions, on-chain knowledge provenance, and a knowledge liquidity pool that allows collective knowledge pooling. Incorporates.

By staking VANA to DataDAO via the information hub, customers can earn by contributing knowledge and receiving dataset-specific tokens that grant governance privileges. These tokens will be exchanged with VANA, aligning person incentives with the community's financial targets.

Nevertheless, regardless of the thrill surrounding Vana's mainnet launch, the VANA token is dealing with market volatility. As of the most recent knowledge, the VANA token skilled a big decline, dropping 39.1% previously 24 hours to commerce at $20.59.

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Whereas volatility is frequent within the early levels of a brand new blockchain community, the collapse of the VANA token has brought on concern amongst holders.

iDEGEN provides an alternative choice to VANA buyers

Whereas VANA weathers market volatility as a consequence of mainnet launch, iDEGEN, a brand new progressive AI crypto venture, is rapidly gaining traction as a brand new alternative for cryptocurrency lovers.

Launched in late November 2024, iDEGEN has raised over $5,817,897.7 within the ongoing pre-sale, with over 1 billion tokens offered.

iDEGEN includes a dynamic pre-sale pricing mannequin that adjusts each 5 minutes based mostly on market exercise. The worth will increase by 5% after consecutive purchases and reduces by the identical quantity in periods of inactivity. This progressive strategy creates a fast-paced buying and selling atmosphere that’s engaging to merchants who worth volatility.

AI-Powered Meme Token leverages synthetic intelligence (AI) to interact with its group and adapt its growth based mostly on suggestions obtained via interactions on X. This AI integration not solely makes iDEGEN stand out as greater than only a meme coin, but in addition elevates it. It is a venture deeply rooted in group engagement and innovation.

iDEGEN is getting ready for a mainnet itemizing, with the preliminary itemizing worth anticipated to be 10% greater than the ultimate presale worth, making a powerful case for buyers seeking to keep away from market volatility.

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If you’re enthusiastic about iDEGEN's presale, please go to the venture's official web site to study extra.

(Tag Translation) Market