The First Project Report: Interpreting the New AI Rising Star Project Venice Token Integrated with DeepSeek
With the rapid development of artificial intelligence technology, AI platforms have gradually become an indispensable part of our daily lives. However, issues such as privacy breaches and content censorship prevalent in mainstream AI platforms have led more and more users to seek safer, freer, and uncensored AI solutions. Against this backdrop, Venice AI has emerged as an artificial intelligence platform centered on privacy protection, decentralization, and censorship-free principles. With its unique technological features and business model, Venice AI has quickly attracted a large number of users' attention.
1. What is Venice Token?
Venice Token (VVV) is an innovative token launched on the Base chain, designed to provide users with private and uncensored AI inference services. The launch of the VVV token marks a deep integration of artificial intelligence and blockchain technology, bringing a new transformation to the financial market. The Venice platform offers unprecedented AI experiences through features such as dialogue, image generation, and code creation, all while ensuring that no user data is viewed, stored, or restricted, thus safeguarding user privacy.
2. Venice Token Operation Model
The operation model of Venice Token is unique, allowing users to obtain computing power by staking VVV tokens, thereby gaining access to AI services. Venice has established a standardized unit, VCU, to measure the computing power required for AI inference. The proportion of staked VVV tokens to the total staked amount determines the daily available VCU for users. Additionally, Venice has opened its API to AI agents, developers, and third-party applications, supporting multiple AI models, including DeepSeek R-1, further enriching its application scenarios.
3. Core Technology of Venice Token
The core technology of Venice Token lies in its combination of blockchain technology and generative AI advantages. Through blockchain technology, Venice ensures data transparency and security; through generative AI, Venice provides powerful dialogue, image generation, and code creation capabilities. Furthermore, Venice employs advanced encryption technologies to protect user data from being leaked or misused. The combination of these core technologies gives Venice a unique competitive edge in the field of artificial intelligence.
The core technologies of Venice Token are primarily reflected in the following aspects:
- Decentralized architecture: Venice AI is built on the Ethereum Layer 2 network Base, using blockchain technology to ensure data security and decentralized processing, reducing reliance on traditional intermediaries.
- Distributed GPU network: Requests are processed through a distributed GPU network (such as Akash), avoiding central server storage of user data, with all dialogue records stored only on users' local devices.
- Integration of open-source models: Venice AI integrates open-source large models, including DeepSeek, supporting continuous community improvement of technology and providing custom model training capabilities.
4. Team and Funding Information of Venice Token
Behind Venice Token is a team composed of seasoned professionals, including Bitcoin advocate Erik Voorhees. This team has rich experience and technical strength in the fields of blockchain and artificial intelligence, providing strong support for the successful launch of Venice. Notably, Venice did not engage in external financing or pre-sales at launch, but directly distributed tokens to users and the community through airdrops and other means. This unique funding approach allowed Venice to quickly gain market attention and recognition after its launch.
5. Token Economics of Venice Token
The economic design of the VVV token aims to ensure the sustainable development of the platform and the long-term interests of users, with an initial supply of 100 million tokens. In terms of token economics, the total supply of $VVV is 100 million, with no pre-sale and no external investors, opening with an FDV of 20 million USD. Venice allocates 50% of the total tokens to its users and the AI community on the Base chain, with a snapshot date of December 31, 2024. The allocation details are as follows:
35%: Team
10%: As an incentive fund
5%: For liquidity deployment
To qualify for the Venice user airdrop, one must have over 25 points and must upgrade to a Pro user to claim, with over 100,000 eligible users; in the Base chain AI community section, over 150,000 users holding the following projects qualify, including $VIRTUALS, $AERO, $DEGEN, $AIXBT, $GAME, $LUNA, $VADER, $CLANKER, and $MOR. Additionally, the official team has reserved a portion for NousResearch to airdrop during the launch of its Psyche token. The VVV token has an inflation mechanism, with 14 million tokens issued annually (initial inflation rate of 14%, decreasing year by year) to incentivize staking and network expansion.
Through staking and reward mechanisms, users can participate in the governance and ecological construction of the platform, jointly promoting the development of Venice AI. At the same time, to maintain the stability and value growth of the token, Venice AI has established mechanisms for controlling inflation rates and liquidity deployment. Among these, an annual inflation rate of 14% is used for API expansion to ensure the platform can meet the growing user demand; liquidity deployment aims to enhance the circulation and trading activity of the VVV token in the market.
This token economics design allows stakers of the VVV token to use the API for free and cover costs through staking rewards, achieving "negative cost" usage. However, this also brings issues such as token price volatility and staking risks, which require careful consideration by investors.
6. Future Value Analysis of Venice Token
From the market perspective, with the continuous development of artificial intelligence and blockchain technology, as well as the increasing maturity of the cryptocurrency market, Venice Token, as a combination of the two, has enormous market potential. The private and uncensored AI inference services provided by the Venice platform meet users' demands for privacy and security; its unique staking model and token economics design offer potential profit opportunities for investors. However, it is important to note that the cryptocurrency market is highly volatile and uncertain, and investors should fully understand market conditions and risk factors before participating.
As a combination of artificial intelligence and blockchain technology, Venice Token has quickly gained market attention and recognition after its launch.
