A privacy-focused synthetic intelligence (AI) platform, Venice AI, launched its VVV token on January 27.
Constructed on Base, Ethereum’s
$3,188.70
layer-2 community, the token rapidly gained consideration.
In a put up on X, Venice AI confirmed that those that purchase and stake VVV acquire free entry to its non-public utility programming interface (API). This permits customers to generate textual content, pictures, and code with AI instruments, together with the newly launched DeepSeek R-1 mannequin.
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DeepSeek R-1, developed by a Chinese language AI firm, is taken into account similar to ChatGPT however makes use of much less processing energy and stays open-source.
DeepSeek has raised privateness issues, as its mannequin is believed to gather consumer information and ship it to China. Nonetheless, Erik Voorhees, the founding father of Venice AI, assured customers that information generated via Venice’s platform is protected and won’t be shared elsewhere.
Venice has additionally opened its API to builders, third-party apps, and AI brokers, which supply broader integration choices.
The VVV token has a market worth of $306.4 million on the time of writing, with 25 million tokens in circulation out of the 100 million complete provide. Moreover, over 20,000 token holders at the moment are a part of the community.
In the meantime, the late John McAfee’s X account lately promoted a brand new AI token referred to as AIntivirus. How did the crypto neighborhood react? Learn the total story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Struggle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire largest points and struggles that crypto fans face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to individual for all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish freshmen.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market tendencies, and searching for the following supernova.
