Erik Voorhees, founder of the privacy-centric AI platform Venice.ai and the crypto exchange Shapeshift, has launched VVV token. This groundbreaking token is designed to achieve a decentralization access to unlimited AI inference without per-inference costs.
About Venice.ai and VVV Token
Decentralized AI Platform:
Launched in May 2024, Venice.ai is a decentralized generative artificial intelligence platform focused on the removal of concerns bordering the control of centralized AI, censorship, and data privacy.
The introduction of the VVV token on January 27, 2025, is a significant step in this mission, allowing users to access Venice’s AI API for generating text, images, and code without incurring traditional pay-per-use fees.
Tokenomics and Distribution:
The VVV token has a capped supply of 100 million tokens, with 50% allocated through an airdrop to 100,000 Venice users and various AI community projects on Coinbase’s Base blockchain.
The tokenomics model directly ties staking to API access: for each 1% of VVV staked, users receive 1% of Venice’s compute capacity for eternity. Beyond that, emitters generate yield on annual emissions of 14 million VVV tokens.
Features of VVV Token
Privacy and Accessibility:
Unlike open platforms such as OpenAI or Gemini, Venice.ai does not store user data, censor content, nor do identity verification. It positions the VVV token as an indispensable tool for AI agents and developers who put the privacy of their users first.
At this moment the platform has 450,000 users with 15,000 inference requests per hour.
Target Audience:
The main target for VVV tokens remains AI agents, who are automated inferences. Its token will knock off financial and bureaucratic barriers affiliated with traditional models. Agents in such models may stake VVV anonymously hence avoid per request fees and chances of surveillance threats.
Airdrop and Access
The VVV token is currently available on Aerodrome without any kind of pre-sales or governance features. Users are entitled to claim their airdrops until 13th March 2025 through the official Venice website. As demand for decentralized AI keeps growing, the value of VVV will depend on Venice’s ability to effectively scale its privacy-centric compute network.
Conclusion
The occasion marks a breakthrough moment in the integration of blockchain technology and artificial intelligence with the launch of the VVV token by Venice.ai. By offering a decentralized platform that emphasizes the privacy of users while removing traditional cost barriers, it is making Venice.ai a leader in the evolving landscape of generative AI.
The more users and developers adopt this model, the better the outlook for growth and innovation in this field. The potential for VVV will depend mostly on its ability to attract a large user base without sacrificing its commitment to privacy and decentralization in this increasingly centralized world of digital activities.
(Source: Bitcoin.com)
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