VANA is coming to Binance Launchpool

Vana is a native EVM-compatible Layer 1 blockchain designed to empower users with ownership and control over their data.

As $VANA is set to launch on Binance, here's a summary of the project and a possible launch price range.

**About Vana**

Vana is an EVM-compatible Layer 1 blockchain that aims to give users ownership and control over their data. It is designed to meet the increasing demand for decentralized and user-centric solutions. Vana combines the efficiency of Ethereum Virtual Machine (EVM) compatibility with a mission to transform the way data is managed and monetized.

**Key Benefits of Vana**

- Data Ownership: Users maintain complete control over their data and its usage.

- Tokenized Data: Data is converted into secure, tradable assets.

- Privacy & Security: Advanced technologies like Trusted Execution Environments (TEEs) and Zero-Knowledge Proofs (ZKP) ensure data remains private and secure.

- Decentralized Governance: Participants can influence the network's development through on-chain voting.

**VANA Use Cases**

- Network Security: Validators stake VANA to secure the network, earning rewards in return for ensuring its stability.

- Transaction Fees: VANA is used for all operations within the network, including smart contracts and DataDAO interactions.

- DataDAO Support: VANA tokens are staked in DataDAOs to support data liquidity pools, rewarding contributors for their valuable data.

- Governance: VANA token holders participate in decentralized governance by voting on proposals, impacting the network's future direction.

- Data Access Currency: VANA is the primary currency for accessing datasets within DataDAOs, enabling the use of tokenized data in various applications.

**VANA Tokenomics**

- Token Name: VANA

- Maximum Token Supply: 120,000,000 VANA

- Initial Circulating Supply: 30,084,000 VANA (25.07% of maximum supply)

- VANA tokens were also farmed on Binance Launchpool with BNB and FDUSD.

- Binance Launchpool Token Rewards: 4,800,000 VANA (4% of maximum token supply)

**Possible VANA Launch Price Range**

- The average marketcap of recent launchpad tokens was $200M - $350 Million.

- If VANA launches with a market cap in the range of $200 - $350 million and the initial circulating supply is 30,084,000, as stated.

- It is possible that VANA will launch at a price between $6 - $11. This estimation is based on assumptions and the available information.