
The launch of the world's first data DAO, specifically focusing on Reddit data, has been announced on the Vana network. Known as @rdatadao, this innovative platform allows Reddit users to pool, govern, and potentially monetize their data by rewarding them with tokens that represent their ownership. In addition to enabling users to harness and sell the data they generate, the DAO offers incentives for contributors providing data, computation, and AI models. This initiative aims to empower users to manage their data more effectively, with options for contributing and voting on its use, including renting it out to AI companies for model training. Supported by cross-app embedded wallets 𝇊, the launch of @rdatadao is part of a broader movement towards a decentralized internet that puts data control back into the hands of users, allowing them to earn points onchain based on their karma. This development is seen as a significant step forward in the utilization of public data for AI model training by large tech companies.
VANA LAUNCHES REDDIT DATA DAO TO LET USERS CONTROL THEIR DATA This platform empowers users to manage their Reddit data, rewarding them for contributing and allowing them to vote on its use, including renting it out to AI companies for model training. The initiative provides an… https://t.co/rc3HjlvTBQ
🔵 𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 🔵 Your data is valuable, and a decentralized internet puts the power back in your hands @rdatadao is a community-owned collective that lets you add your reddit data and earn points onchain based on your karma https://t.co/s1XBmU9K1r
🌐 @withvana announced the launch of Reddit Data DAO on top of its network. @rdatadao promises to allow Reddit users to harness and sell data they generate, and will offer incentives to contributors providing data, computation, and AI models 👀 Read More: https://t.co/MOBO9LIdNs https://t.co/hBG5DimJON
