The platform #Venice , launched in May 2024, announced the distribution of 25% of its total VVV tokens among more than 100,000 users. This was made possible by an airdrop aimed at incentivizing early participants and developing the AI agent ecosystem.$BTC
The VVV token is designed to reduce economic barriers when using artificial intelligence (AI). Staking VVV allows users to have continuous access to the Venice API without additional costs for each request. This is especially useful for developers and AI agents who require scalable access to text, image, and code generation.
The total emission volume of VVV is 100 million tokens. Of these, 25 million were distributed among Venice users, and another 25 million among AI communities on the Base blockchain. The remaining 50% is intended for the team #Venice , the incentive fund, and liquidity provision.
Users who were active on the platform from October 31, 2024, and scored more than 25 points by December 31, 2024, were eligible to participate in the airdrop. To receive tokens, it is necessary to upgrade the account to Pro version and meet the conditions specified on the official Venice website.
Staking VVV provides users with free and continuous access to the Venice API. Thus, Venice aims to create an open and accessible ecosystem for interacting with artificial intelligence. At the time of publication, the VVV token is trading on major decentralized exchanges #Base at a price of about $16.4, with a market capitalization of $272 million.$TRB
Venice continues to develop its platform, offering users private and decentralized access to AI models. With the help of VVV and token staking, the company aims to eliminate economic barriers.$YFI
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