# Vala > Welcome to VALA, where social media meets decentralized finance. VALA is a decentralized platform that combines social media with crypto trading, allowing users to trade, learn, and earn rewards through engagement. VALA is a decentralized platform that merges social media with crypto trading, enabling users to trade, learn, and earn rewards through their feed. It allows content creation, community building, and real-time insights. Users gain rewards for engaging with the platform and other members. - Type: Company - Sector: Social - Status: Announced - Founded: 2024-11-01 - Profile: https://thegrid.id/profiles/vala_social ## Products - [Vala SocialFi App](https://thegrid.id/profiles/vala_social): A mobile application that combines social media features with cryptocurrency trading capabilities. Users can trade assets while scrolling through content, similar to TikTok-style interfaces, and earn rewards for engagement. (Social Trading, Early access, Main Product) - [Vala DEX](https://thegrid.id/profiles/vala_social): A backend decentralized exchange that powers Vala's cross-chain trading functionality, enabling users to trade assets directly from the social feed. (Social Trading, In Development) ## Assets - [VALA (VALA)](https://thegrid.id/profiles/vala_social): VALA is the utility token of the Vala SocialFi platform on Solana. It is used to access preferential trading rates, stake for airdrops, and earn social recognition on the platform. Holders can also burn VALA to signal status within the app, tying token activity directly to engagement on the feed. (Utility) ## Links - [Main](https://www.vala.social) - [Blog](https://www.vala.social/blog) - [Instagram](https://www.instagram.com/tradeonvala) - [Discord](https://discord.com/invite/tradevala) - [Twitter / X](https://x.com/tradevala) - [TikTok](https://www.tiktok.com/@tradeonvala) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP