What is the Utility?
The VDA token serves to coordinate resources in the Verida Network. VDA creates a data economy enabling secure interactions between accounts to facilitate secure data storage, trusted sharing, fast querying and trusted messaging.
The network rewards storage node operators who stake VDA and supply storage capacity, and end users who bring their data onto the network. Users can pay for their own storage needs in VDA. Applications may also pay for storage on behalf of their users.