As AI models race ahead, the world is waking up to a new truth: quality data is becoming the most scarce – and valuable – asset in the digital economy.
Today we’re pleased to announce that Vana is expanding access to VRC-20 Data Asset Tokens by making them tradeable on the Solana blockchain, one of the most performant onchain capital markets in the world. This marks a major step forward in unlocking financial liquidity for an emerging new asset class: user-owned data.
Vana is the first open and decentralized network enabling individuals to securely contribute their personal and private data to unique datasets, known as “data liquidity pools”. Today, the Vana network includes tens of millions of user-owned data points such as conversational and social message data, health metric data, sleep data, location data and car telemetry data.
VRC-20 tokens on Vana allow individuals to monetize, control, and govern their data in a decentralized manner.
“Vana's L1 data layer transforms raw data into programmable, user-owned assets with built-in validation, ownership, and access controls,” said Anna Kazlauskas, CEO of Open Data Labs and Creator of Vana, “Making VRC-20 data tokens tradable on Solana brings deep onchain liquidity to this emerging asset class, and creates new capital markets for AI's most important input: data.”
In a world where scraping public web data is no longer enough, and where users are excluded from the value generated by their own digital lives, Vana offers a new model: one where individuals can contribute data, govern its use, and own the AI innovation their data creates.
To mark the announcement, Anna Kazlauskas will deliver a lightning talk at Solana Accelerate in New York City on Friday, May 23. Anna will share how builders can launch their own data liquidity pools on Vana, issue VRC-20 tokens, and make them tradeable on Solana — opening up new opportunities for anyone to launch a user-owned data market.
By making user-owned data a liquid financial asset on Solana, Vana is laying the groundwork for open, decentralized markets around the most valuable digital asset of the next decade.