Vana launches Reddit Data DAO allowing users control over personal data
Vana has secured $200M in funding led by Paradigm, signalling investor confidence. The newly launched Reddit Data DAO empowers users with data control and rewards. Users vote on data usage, challenging traditional models of data ownership. Vana, a San Francisco-based startup, has introduced a groundbreaking initiative, the Reddit Data DAO, or r/datadao, empowering Reddit users to take charge of their personal data. The launched decentralized autonomous organization (DAO) revolutionizes data ownership on the popular social media platform, offering users rewards for contributing their Reddit data and a say in its utilization. Reddit Data DAO revolutionizes data ownership Vana’s Reddit Data DAO represents a paradigm shift in data ownership dynamics, offering users a direct stake in the control and utilization of their personal information. By integrating their Reddit accounts and data into the DAO, users not only earn rewards but also participate in co...