Venice AI Launches VVV Token and Opens API for Uncensored Machine Intelligence

Venice AI, a platform dedicated to providing private and uncensored access to machine intelligence, has recently made significant strides in its mission. Launched in May 2024, Venice has grown to include 400,000 registered users with 50,000 daily active users (DAU) and is handling 15,000 inference requests per hour. The latest exciting development from Venice AI is the public opening of their API, which now allows AI agents, developers, and third-party applications to tap into their services.

The VVV Token Launch

In a groundbreaking move, Venice introduced the VVV token, which is now live on the Base platform. This token was airdropped to over 250,000 individuals and AI agents this morning, marking a significant event in the realm of AI and blockchain integration. The VVV token serves not just as a currency but also as a key to unlock Venice’s API features:

• Staking Benefits: AI agents or builders who stake VVV tokens gain free ongoing inference access to the Venice API. This access includes private and uncensored generative capabilities for text, images, and code. Additionally, while staking, holders earn yield from emissions, effectively making the inference cost negative.

• Privacy and Security: Unlike other AI API providers, Venice ensures complete privacy. No prompt or conversation data is ever seen or stored by Venice, offering a level of security and privacy that is unparalleled in the industry. This means users and developers can work without the fear of surveillance or content restrictions.

API Access and Models

Venice’s API now provides access to some of the leading AI models like Llama 3.3, Qwen 2.5 Coder, and the newly introduced Deepseek. Here’s what makes Venice’s API unique:

• No Surveillance: Venice prides itself on being a private platform where conversations are not monitored, stored, or subject to content restrictions. This privacy focus is a stark contrast to services like OpenAI, where all interactions are potentially stored permanently.

• Cost-Effective: With the introduction of the VVV token, Venice offers API-based inference at zero-marginal cost. This is a game-changer for developers and AI agents looking to minimize operational costs while maximizing efficiency.

Token Distribution and Community Engagement

The distribution of the VVV token is quite strategic:

• Tokenomics: Out of a total supply of 100 million VVV tokens, 50 million (50%) were airdropped to Venice users and the AI community on Base. Another 35 million (35%) were granted to the Venice company, 10 million (10%) to an incentive fund, and 5 million (5%) for liquidity deployment.

• Airdrop Details: Venice users with over 25 points and who have upgraded to Pro are eligible to claim their share of the 25 million VVV tokens. This airdrop not only rewards early adopters but also aims to foster a strong community around the platform.

Looking Forward

Venice AI is not just about launching a token or an API; it’s about redefining how we interact with machine intelligence. By focusing on privacy, decentralization, and community, Venice is positioning itself as a leader in the AI space. Here are some key points for the future:

• Building Together: Venice welcomes feedback and collaboration, aiming to build alongside their community. They encourage users to dive into the launch blog for in-depth details on how the token and API operate.

• Instant Access: For those interested in trying Venice, there’s no need for an account; you can start instantly, providing a low barrier to entry for new users.

Venice AI’s approach to providing permissionless access to AI tools, coupled with the launch of the VVV token, signifies a bold step towards a future where AI interaction is private, uncensored, and community-driven. With this launch, Venice not only opens up new possibilities for AI development but also sets a new standard for privacy in the AI sector.