Group member @victoria has taken up a new position at @withvana

Group member @victoria has taken up a new position at @withvana and was invited to discuss this project, which previously caused a stir due to the gene testing company selling data.

Speaking of VANA, it has a similar logic to @StoryProtocol. Story is a project that built a chain and created a Liquidity model to issue IPlaunch coin.

Tell the truth to your brother, what exactly is VANA?

VANA has created a chain, built a Liquidity model, and launched a coin for users’ data.

This narrative has been around since 2018. In the era of Decentralized Finance, there was a big mine called BDP that claimed to be a data trading platform, but it was later destroyed by Sun Yuchen. It’s already 2024, why are there still institutions buying into it?

I don’t even believe it myself until DeSci comes out.

The so-called DeSci, borrowing the appearance of truth to create assets from the void, conceptually “acquisition” something that truly exists. Whether this asset is “important” or not is not important, but whether people recognize it is important. For the people in the coin circle, Consensus/Narrative>Substance.

Simply put, what VANA does is to create a zero-ruled disk first, or more precisely, a “bunch” - each data type is a separate zero-ruled disk called DLP (Data Liquidity Pool).

The key point is: Each DLP is a separate coin. Users can submit their data file package, so that VANA’s privacy computing Node can score your data without leaking and decrypting it. Then you can earn coins.

Each DLP has different scoring criteria, such as HealthDAO’s health data, which values the freshness, measurement frequency, and accuracy of your data. RedditDAO values your participation on Reddit, account lifespan, and interaction metrics.

The official explanation of the selling point by VANA is:

• A data wall has been established, and Web2 companies can only buy data from VANA, which can then share profits with users.

• Solved the problem of “once data is made public, it loses its market value”, and overcome the problem of data “double spending”.

But this is obviously not speaking human language, underestimating the intelligence of the crypto world people to a maximum of 250.

VANA has two conspiracies here:

1. $VANA This coin is the gas of this L1, and also the main trading pair. All VANA DLP split plates are priced in $VANA. Those familiar with the three-plate theory and the fren of @virtuals_io should understand the value here.

But not finished yet

2. There is no perspective in splitting the ordinary public chain project in this version, whether it is the stubborn memes or the application coins, no one is interested.

But remember my evaluation of DeSci - borrowing falsehoods to embellish the truth, the concept acquisition

When VANA has enough Reddit users claiming to have provided data to VANA, the $RDAT they receive can be ‘Reddit coins’.

When VANA has enough Google users declaring to provide data, then the coin they receive can be called “Googlecoin”

You said the official does not recognize it? Well, users can do whatever they want, and they cannot stop them. Users who are tempted will definitely do it. Don’t you believe it? Look at $WLD selling irises. You said that organ donation is not enough. Is it possible that it is because organs do not have AMM and LP rewards?

Moreover, the brand does not deny it. No interaction? You can solve this problem by charging money. Big brands can’t do it, small brands can always be, Pornhub, Ashley Madison (don’t Google)

On the surface, this is a boring VC-supported data story, essentially a cool grass + PumpFun, provided that the project party is savvy enough at secondary or marketing

Don’t ask if you gamble or not, first ask if you?

Yes~

Attached VanaWhite Paper link: