TLDR
- Venice.ai launches VVV ($13.00) token on Base blockchain with 100 million total supply, enabling zero-cost AI API access through staking
- 50% of tokens airdropped to 100,000 Venice users and AI projects, with remaining split between Venice.ai (35%), liquidity (5%), and incentives (10%)
- Platform emphasizes privacy with no data storage, censorship, or identity verification requirements
- Users who stake 1% of VVV tokens receive 1% of Venice’s compute capacity indefinitely plus yield from emissions
- Currently serving 450,000 users with 15,000 hourly inference requests, airdrop claims open until March 13, 2025
The AI landscape saw a new development in January 2025 as Venice.ai, the decentralized artificial intelligence platform, introduced its VVV token. The launch represents a fresh approach to AI access, moving away from traditional pay-per-use models toward a staking-based system.
Erik Voorhees, known for founding the cryptocurrency exchange ShapeShift, established Venice.ai in May 2024. The platform has grown to serve 450,000 users, processing about 15,000 inference requests every hour. These numbers demonstrate steady user adoption in the months leading up to the token launch.
The VVV token operates on Coinbase’s Base blockchain, with a fixed supply of 100 million tokens. In a move to ensure wide distribution, Venice.ai allocated 50% of the total supply for airdrops to 100,000 platform users and various AI community projects.
The distribution structure reserves 35% of tokens for Venice.ai itself, while setting aside 5% for a liquidity pool and 10% for an incentive fund. This allocation aims to maintain platform operations while ensuring market liquidity and future growth initiatives.
The platform’s staking model introduces an innovative approach to AI resource allocation. Users who stake VVV tokens gain proportional access to Venice’s compute capacity. For example, staking 1% of the total VVV supply grants the user 1% of the platform’s processing power indefinitely.
Beyond basic access, stakers earn additional benefits through annual token emissions. The platform will release 14 million VVV tokens yearly, providing stakers with regular yields on their holdings. This creates an incentive for long-term participation in the network.
Venice.ai’s approach to privacy sets it apart from major AI providers like OpenAI and Gemini. The platform doesn’t store user data, implement content censorship, or require users to verify their identity. This privacy-first stance aligns with growing demands for autonomous AI development.
ad intellectum infinitum
Speech is to be free
Privacy is to be default
Intelligence is to be unrestrictedhttps://t.co/qkQjD16bHb
— Erik Voorhees (@ErikVoorhees) January 27, 2025
The token specifically targets AI agents – automated programs that rely on regular AI inference. By removing per-request fees and minimizing surveillance risks, VVV aims to create a more accessible environment for AI agent development and operation.
The platform has integrated its API with various AI frameworks, including Eliza, to support diverse development needs. This integration allows developers to access what Venice calls “unrestricted intelligence” while maintaining privacy standards.
Users can find VVV tokens on the Aerodrome exchange, where trading began immediately after launch. The platform decided against holding pre-sales or implementing governance features, focusing instead on immediate utility.
The airdrop claiming process remains open until March 13, 2025, through venice.ai/claim. This extended claim period gives users ample time to participate in the initial token distribution.
Venice’s compute network faces the challenge of scaling to meet potential increased demand. The platform’s ability to maintain performance while preserving privacy will play a crucial role in VVV’s market position.
The token launch occurred at a time when the AI industry shows increasing interest in decentralized solutions. Venice.ai’s approach addresses common concerns about centralized control and data privacy in AI development.
Several AI protocols, including Virtuals, Luna, and VaderAI, received token allocations as part of the airdrop. This distribution strategy aims to foster integration and collaboration within the AI development community.
Recent platform metrics show steady growth in both user numbers and inference requests, suggesting sustained interest in privacy-focused AI solutions.
The post Venice.ai Releases VVV Token for Staking-Based AI Access appeared first on Blockonomi.
