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Tokenomics Data Shows That VANA Could Launch at a $1.7B - $7B FDV

 

By Market Steam Dec 15, 2024

 

Data indicates that VANA, the 62nd project on the Binance launchpool, set a course for a potential FDV of $1.7B to $7B.

 

VANA has a maximum token supply of 120M with a 30M initial unlock at launch, and it has raised $25M in funding.

 

This is a comprehensive coverage of VANA’s tokenomics and its role in determining its initial listing price and marketcap. 

 

 

 

A Case Of $1.7B - $7B Fully Diluted Value

 

This study compares VANA's initial valuation with secondary post-launch projects.

 

VANA raised $25M over three funding rounds. According to data from Cryptorank, the first funding — seed, occurred on 01 December, 2021, involving Polychain Capitals and MH Ventures contributing $1M for the early development of VANA. 

 

Exactly one year later, a Series A funding to the amount of $18M was led by Paradigm. On 18th September, 2024, Coinbase Ventures contributed an additional $5M in a strategic raise, bringing total funding to $25M.

 

The project team's commitment to facilitating the project's long-term, sustainable evolution is demonstrated by VANA's tokenomics. 

 

Investors and Core contributors supply allocation, which account for 33% of the projects total supply is vested for four and five years, respectively. Core contributors allocation has a one year cliff and four years unlock period while investor’s allocation, which makes up 14.2% of the supply or precisely 17,040,000 VANA, has a one year cliff and three years unlock period. 

 

The above data places VANA at an initial valuation of $176M.

 

In comparison to a secondary web3 project called MOVE, whose funding is reported to be $41.40M with investor’s allocation accounting for 22.5% of the project's 10B supply. 

 

MOVE’s initial valuation on this note was $184M, however, its listing price of $0.7333 gave MOVE a FDV of $7.3B, nearly 40x of its post-listing valuation.

 

VANA at $1.7B FDV would be merely a 10x of its post-listing valuation, giving it much room to grow to $7B as it is a scarce asset with a limited initial supply of 30M.

 

Future Outlook For VANA’s Development

 

VANA considers itself a foundation for decentralized AI. 

 

Artificial intelligence is an emerging technology and its integration with blockchain is a fairly new development with numerous opportunities.

 

Debuting on Binance launchpool is one-step towards achieving greater heights in the field of distributed database networks and artificial intelligence.

 

VANA bullish sentiments caused a surge in a third-party asset of the Nirvana project with the same “VANA” ticker. According to reports by Crypto.news, the crypto asset surged by 2,700% on announcement by Binance of the launchpool of its 62nd project, VANA. 

 

VANA has quickly become a highly anticipated project with spot listing on major exchanges including Binance scheduled for December 16.