VVV
Venice Token
$3.9083AUD
0.00002912 BTC
Market Cap
110.1M AUD
24H Trade Vol.
35.5M AUD
Total Supply
28.5M
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Buy Venice Token (VVV)

What is Venice Token (VVV)?

Venice Token (VVV) is the native cryptocurrency of the Venice.ai platform, a decentralised AI ecosystem that provides private and uncensored AI services for text, image, and code generation. The token powers the platform by enabling users to access AI inference services, while maintaining privacy and freedom from censorship. Built on Ethereum’s Base Layer 2 network, Venice Token offers scalability, security, and decentralisation.

How does Venice Token (VVV) work?

Venice Token operates on Ethereum’s Base Layer 2 network, leveraging its scalability and efficiency to facilitate decentralised AI interactions. The platform inherits Ethereum’s Proof of Stake (PoS) consensus mechanism, ensuring secure and efficient transactions.

The project utilises smart contracts for token management and staking rewards, allowing users to stake VVV tokens to gain access to AI inference services and earn rewards. While no specific AI algorithms are mentioned, the Venice.ai platform integrates blockchain technology with AI to ensure decentralised, censorship-resistant AI development and deployment.

What are the potential use cases for Venice Token (VVV)?

Venice Token is designed to support AI, blockchain, and decentralised finance (DeFi) by providing a secure and private infrastructure for AI services.

Applications:

  • Private and uncensored AI services – Users can interact with AI models while ensuring privacy.
  • Staking for API access – Users can stake VVV tokens to unlock AI inference services and earn rewards.
  • Decentralised AI development – Developers can deploy AI applications in a censorship-resistant environment.

Industries:

  • Artificial Intelligence (AI) – Enhances accessibility to AI technologies.
  • Blockchain technology – Utilises Ethereum’s Base network for security and efficiency.
  • Decentralised Finance (DeFi) – Introduces staking mechanisms for AI service access.

What is the history of Venice Token (VVV)?

Venice Token was launched in May 2024 by Erik Voorhees, a well-known figure in the cryptocurrency space. The platform quickly gained traction, amassing over 450,000 registered users.

Key Milestones:

  • Launch of the VVV token on Ethereum’s Base Layer 2 network.
  • Airdrop of 50 million tokens to early users and AI community projects.