Perhaps the encryption fans have heard about the distinctive ERC-20 code, which provides instructions to ensure that the distinctive symbols created on the ETHEREUM SMART Contracted collection and can interact with symbols and other applications within the network.
A similar standard for data-backed symbols appeared, called VRC-20, now.
Vana, a 1 -layer Blockchain collection that helps users contain personal data by collecting it in Datadaos for training in the artificial intelligence model, Make the new standard Early this week to enhance confidence and transparency in the market for data -backed digital assets.
“In order for data markets to work, the symbols must be reliable, safe and useful. As a global standard for data-backed symbols, VRC-20 offers this by ensuring a fair and transparent data code trading,” Vana announced X.
The standard design of VRC-20 includes specific criteria such as fixed supply, governance and liquidity rules while ensuring access to real data by linking the symbols to the benefit of actual data. In addition, it enhances continuous liquidity through the rewards that guarantee the stability of the market.
“This is not speculation. This is the real financial financial money,” Vana pointed out.
Vana Mainnet was launched in December, with Vana as an encrypted currency. Since then, the network has dismantled more than 12 million databases through multiple Datadaos, which reflects a strong demand for the user’s data.
DatadaOS or data liquidity gatherings are non -central markets that bring on onchain data as transformable digital symbols. DLPS is the place where the data and its symbol contributes and make it ready for use in applications such as the artificial intelligence model training.
On Monday, the VRA emissions as an innovative Dataadao with a new feature calling on DAOS to release the VRC-20 symbols to receive liquidity support.
In addition, presented the protocol Extreme dataWhere Vana holders can lock their metal currencies in data health instead of individual Dataadaos.
“The rewards are based on the safety and use of the network. The trainees earn a commencement of their contribution at the time of operating the network and the availability of data,” Vana said.
The Vana icon has changed its hands at $ 5.58 at the time of the press, which is the lowest level in more than two weeks, which extends from the last price of $ 8.78 on Binance, according to the TRADINGVIEW data source.
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