December 16, 2024 – Georgetown, Cayman Islands During the testnet phase, over 1.3 million users contributed more than 6.5 million data points to train user-owned AI models. On mainnet, DataDAOs will leverage the VANA token to enable users to collectively own, monetize and govern their personal data for a stake in the booming AI economy. Vana , the pioneering network for user-owned data, today announced the launch of its mainnet and native VANA token. The launch marks a significant milestone in breaking through the data wall that’s limiting AI development while preserving privacy and giving users a stake in the value their data generates. Developed by Open Data Labs – a San Francisco-based research and technology company born out of the MIT Media Lab – the Vana network is an EVM-compatible blockchain that enables users to maintain ownership and control over their personal data while allowing that data to be used for AI model training through privacy-preserving technologies. The mainnet launch follows Vana’s successful testnet phase, which saw over 1.3 million users contributing over 6.5 million data points to DataDAOs, processing approximately 1.7 million transactions daily. The testnet demonstrated that programmable data ownership is not just possible – but critical at this point in AI development, according to Anna Kazlauskas, CEO of Open Data Labs and inventor of Vana. Kazlauskas said, “Today’s mainnet launch marks a fundamental shift in how data is owned and monetized in the AI era. “Users have always legally owned their data, but platforms have captured all the economic value – and most users don’t even realize their data is legally theirs. “Vana lays the groundwork for a new kind of data economy – one where users can benefit from the AI models they help create and where developers can finally access the cross-platform datasets needed to build truly powerful AI. “Property rights were the foundation that enabled modern economies to flourish – and in today’s digital economy, programmable data rights are the foundation for the next generation of AI.” The key features of the Vana mainnet will include the following. Trustless validation through secure data ingress and trusted execution nodes Granular permissioning, allowing users complete control over their data usage Onchain data provenance tracking how contributed data is applied DLPs (data liquidity pools) enabling collective data pooling, governance and monetization via DataDAOs Proof-of-contribution mechanism ensuring fair rewards for data quality Staking VANA to DataDAOs through Data Hub With the network’s proof-of-contribution system, users can earn by contributing their data to DataDAOs – receiving dataset-specific tokens that grant governance rights while maintaining control over how their data are used. These data tokens can be traded for VANA, the network’s native currency. The top DataDAOs also receive DataDAO rewards . Beyond data contributions, users can earn additional tokens by running nodes, validating transactions and staking to DataDAOs. With a total supply of 120 million tokens, VANA will serve as the foundation for the network’s economic model, enabling the following. Governance over network parameters and data usage Staking to secure the network and validate data contributions Incentivization of high-quality data submissions from data contributors Revenue sharing from AI model development and data usage Among the DataDAOs building on Vana are DNA DAO, addressing privacy concerns around genetic data ownership, and an expansion of the successful Reddit Data DAO, which has already demonstrated the potential of community-owned data pools. Read more about DataDAOs on Vana here . The mainnet launch comes at a crucial time when AI development faces increasing data scarcity, while users seek greater control over their digital footprint. Vana’s solution enables individuals to participate in and benefit from the AI economy while maintaining sovereignty over their data. As AI hits a data wall and more platforms monetize user data without sharing any upside with users, users deserve to own a stake in the future of AI. Art Abal, CEO of Vana Foundation, said, “The current way we buy and sell private data in Web 2.0 is broken. Our data is extracted and held for ransom by a few platforms and data-brokers. “They decide how much our data is worth, and the technology it creates. No more. “This is just the beginning of a future where we can decide our data’s worth and decide what technology it creates. This is the data revolution.” Users can start staking VANA on Data Hub here . For more information, users can visit the website , read our documentation , follow us on X or launch a new DataDAO . About Vana Vana is the first decentralized network for user-owned data, unlocking data as a new digital asset class. The Vana network consists of an EVM-compatible blockchain, secure personal server environment and set of native contracts designed for the trustless and secure exchange of user-owned data via DataDAOs. The network empowers users to maintain control over their data while participating in the growing AI economy by pooling their data with others and earning rewards for their contributions. Media kit | Vana docs | X | Discord About Vana Foundation Vana Foundation is a non-profit entity tasked with ensuring the sustainability and growth of the Vana ecosystem. About Open Data Labs Open Data Labs is an independent research company focused on technology to accelerate user-owned data. Open Data Labs created the Vana protocol and provides ongoing core developer services to the Vana Foundation. Contact Nick Vivion , Vana Foundation This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Vana Mainnet Goes Live With VANA To Power Data as a New Asset Class in Global AI Economy appeared first on The Daily Hodl .
Chill Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Chill Pepe (CHILPEPE), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days. This is because CHILPEPE is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Chill Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Chill Pepe could become the next viral memecoin. Chill Pepe launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Chill Pepe on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Chill Pepe by entering its contract address – AfPftBmzfb2pan4Drt2ZKgT7VK5Rn7CLQHpp8DpLhXZj – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like CHILPEPE. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,”
President-elect Donald Trump’s crypto project World Liberty Financial (WLFI) is loading up on decentralized finance (DeFi) altcoins, on-chain data shows. Blockchain intelligence platform Arkham reports that WLFI’s treasury acquired $50 million worth of different DeFi coins in preparation for its launch. “UPDATE: DONALD TRUMP’S WORLD LIBERTY FI ACQUIRED $50 MILLION OF DEFI COINS The World Liberty Finance Treasury just acquired: $35 million of ETH/WETH $10 million of cbBTC $1 million of LINK $1 million of AAVE Is Trump long DeFi?” Source: Arkham/X WLFI went live with its token sale in October. The project originally said that 63% of all WLFI would be sold to the public, but according to its current whitepaper – or “goldpaper”– World Liberty Financial appears to have lowered that to 35%. With World Liberty Financial yet to publicly launch, it’s still not 100% clear what services the platform will provide. World Liberty Financial says it’s the “only DeFi platform inspired by Donald J. Trump” and aims to lead a “financial revolution by dismantling the stranglehold of traditional financial institutions and putting the power back where it belongs: in your hands.” Data from Ethereum blockchain explorer Etherscan shows that the TRON DAO received 2 billion tokens from its investment in WLFI, making Tron ( TRX ) founder Justin Sun and the DAO the largest holders. With the purchase, Sun also became an advisor to the project. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Donald Trump’s World Liberty Financial Holding $50,000,000 Worth of DeFi Crypto Assets: Arkham appeared first on The Daily Hodl .
Hedera integrates Chainlink solutions to enhance DeFi and tokenization. Proof of Reserve increases transparency in tokenized assets. Continue Reading: Hedera Integrates Chainlink’s Solutions to Boost DeFi and Real-World Asset Tokenization The post Hedera Integrates Chainlink’s Solutions to Boost DeFi and Real-World Asset Tokenization appeared first on COINTURK NEWS .
December 16, 2024 – New York, United States In a celebration of innovation, Forbes Web 3.0 proudly showcases the community members who hold the Forbes Legacy Pass in its December 2024/January 2025 issue. The Forbes Legacy Pass is more than a membership – i t’s a transformative experience bringing together a cohort of global entrepreneurs, founders and creators. It grants members exclusive access to global Forbes Web 3.0 events, access to curated artist drops and a global community of thinkers and doers. To learn more about the Forbes Legacy Pass and to apply for a spot, users can visit here . The Forbes Legacy Pass members list Applying for a Forbes Legacy Pass membership The Forbes Legacy Pass is a gateway to the future of entrepreneurship and innovation. With over a 120,000 waitlist, users can learn more about the Legacy Pass and become part of this trailblazers community at the website . About Forbes Forbes champions success by celebrating those who have made it and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide through its trusted journalism, signature live and Forbes virtual events, custom marketing programs and 43 licensed local editions in 69 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements. Contact Forbes Media This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Forbes Web 3.0 Celebrates Innovation – Legacy Pass Members Showcased in the Forbes Magazine appeared first on The Daily Hodl .
Ethena Labs has launched USDtb, a cutting-edge stablecoin, with a notable backing of 90% from BlackRock’s BUIDL fund, enhancing its appeal in a volatile market. By distinguishing USDtb from its
Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). According to a new announcement from the Arthur Hayes-backed crypto protocol, the new stablecoin, USDtb, will be Ethena’s second stablecoin offering, following the project’s flagship stablecoin USDe. USDtb differs from other stablecoins in that it will be backed by a fund backed by one of the world’s largest and most trusted asset managers, BlackRock. In October of this year, multiple reports tied BlackRock, the world’s largest asset manager, with the idea of using BUIDL, the crypto asset related to the firm’s tokenized mutual fund, as collateral for trading derivatives contracts. BUIDL, which launched in March of this year, is a tokenized money-market fund designed to offer a stable value of $1 per token built on the Ethereum ( ETH ) blockchain that offers “blue-chip” yields. As stated by Robert Mitchnick, BlackRock’s head of digital assets, in a press release issued by Securitize, BlackRock’s brokerage partner, “[BUIDL] is the latest progression of our digital assets strategy. We are focused on developing solutions in the digital assets space that help solve real problems for our clients.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock’s BUIDL appeared first on The Daily Hodl .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEN gains momentum as projections suggest 25,000% returns, surpassing XRP and Dogecoin’s performance. Table of Contents DOGEN: The ultimate meme token for alpha investors Dogecoin: The meme coin turning into a crypto contender XRP: A fast and borderless cryptocurrency for secure transactions Conclusion Anticipation is mounting around DOGEN , a rising star in the cryptocurrency world, with projections hinting at staggering returns of up to 25,000%. This potential leap could eclipse the impressive gains of established tokens like XRP and Dogecoin. What’s driving this enthusiastic outlook, and could DOGEN be poised to reshape the crypto landscape? DOGEN: The ultimate meme token for alpha investors Unlock inner alpha with DOGEN, the meme token crafted for those who demand success and refuse to settle. DOGEN embodies the winning lifestyle—luxury cars, financial freedom, and a bold attitude. This is the token for leaders, not followers. HODL like a champion, dominate the market DOGEN is set to soar, with a projected 700% presale growth—and that’s only the beginning. As meme tokens continue to dominate this altcoin season, DOGEN offers the chance for early adopters to secure massive returns. Join now, and lead the pack while others play catch-up. Missed the rise of WIF, Popcat, or Ponke? DOGEN is the newest star in Solana’s meme token universe, following the meteoric success of BONK, WIF, and Popcat. Currently undervalued, DOGEN is positioned to rewrite the playbook for meme coin success in this bull run. A movement with real value DOGEN isn’t just hype—it’s a community-driven project designed for long-term success. With exclusive perks, exciting campaigns, and a laser-focused team, DOGEN is creating a powerful network of alpha investors who aim to dominate the market. Its multi-level referral program is unmatched: users earn 7% from every token their direct referrals buy, with even more rewards as their network grows. DOGEN offers not just profits but the chance to be part of a lasting movement. Dogecoin: The meme coin turning into a crypto contender Dogecoin (DOGE) , launched in 2013, is a cryptocurrency inspired by the Shiba Inu meme. Unlike Bitcoin’s limited supply, Dogecoin has no maximum limit and adds 10,000 new coins every minute. Created by Billy Marcus and Jackson Palmer as a lighthearted alternative, it gained massive popularity in 2021. Social media influence, particularly from Elon Musk, propelled it into the top ten cryptocurrencies, with a market value exceeding $50 billion. Dogecoin highlights the power of community and social media in shaping financial markets. Its technology allows for fast transactions, and its active community continues to drive its relevance. The coin’s potential lies in its widespread acceptance and the enthusiasm of its supporters. XRP: A fast and borderless cryptocurrency for secure transactions XRP is a digital currency supported by the XRP Ledger. It offers fast, low-cost, and secure transactions without a central authority. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP was launched with 100 billion tokens. Ripple received 80 billion XRP to develop the ecosystem further, placing 55 billion in escrow for controlled release. XRP enables seamless payment transfers across different currencies, making it a promising technology. Its decentralized nature and resistance to censorship or counterfeiting add to its appeal. Without the need for a bank account for settlements, XRP opens global financial access. These features contribute to its potential attractiveness in the current market cycle. Conclusion In the current bull run, established coins like DOGE and XRP show less short-term potential. DOGEN, crafted for those seeking luxury and success, is poised for 700% growth by the end of its presale, with the possibility of thousand-fold returns this altcoin season. Following tokens like BONK and Popcat, DOGEN is building a community of leaders, offering real benefits and exclusive perks to early adopters. For more information, visit the official DOGEN website and join the community on X and Telegram . Read more: Experts say Dogen’s 30,000% presale momentum could outshine Polkadot and Avalanche Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
DOGEN gains momentum as projections suggest 25,000% returns, surpassing XRP and Dogecoin's performance. #partnercontent