
Cherry Carry 🎩
@cherrycarry
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Venice AI, a privacy-centric artificial intelligence platform founded by Bitcoin advocate Erik Voorhees, has launched a token on Ethereum’s layer-2 network, Base. Within just two hours of its debut, the token achieved a fully diluted valuation of $1 billion.
The platform’s self-titled Venice Token (VVV) hit a fully diluted value — the value of the total supply of its tokens — of more than $1 billion just after 6 pm UTC on Jan. 27 after launching around an hour and a half earlier, DEXScreener data shows.
Its FDV is now at around $1.65 billion, with a market capitalization of $306.4 million, as 25 million tokens out of its 100 million total were released to the public. Basescan shows there are currently a little over 13,200 tokenholders.
Venice said in a Jan. 27 X post that those who purchase and stake VVV receive free ongoing inference access to its API for private and uncensored generative text, images and code that leverages AI models, including the newly released DeepSeek R-1. 3 replies
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