Venice announces token economy model: total of 100 million tokens, 50% airdropped to Venice users and AI community

Odaily Planet Daily News: Venice, an AI project based on DeepSeek on the Base chain, announced the opening of its API to the public for use by AI agents, developers, and third-party applications. At the same time, it launched the native token VVV and opened airdrop applications to qualified users, including AERO, DEGEN, AIXBT, GAME, LUNA, VADER, CLANKER, MOR holders, etc. The application window will be open for 45 days from the date of publication (until March 13, 2025). In addition, the supply of VVV TGE is 100 million units, with no pre-sales, no governance, and no external investors. When it was launched, the FDV was 20 million US dollars. Details of airdrops for Venice users: 25 million VVVs (25% of supply) Over 100000 Venice users are eligible Qualification criteria for application • Must have more than 25 points • Must upgrade to Pro to claim VVV allocation details: 50 million (50%) airdrops to Venice users and AI community 35 million pieces (35%) awarded to Venice.ai company 10 million (10%) for incentive funds 5 million (5%) for liquidity deployment The snapshot was taken on December 31, 2024. Starting today, any AI agent or builder who pledges VVV can continue to use the Venice API for free to reason and obtain private and uncensored generated text, images, and code. During the pledge period, users can also earn profits from the release. Users can access leading models such as Llama 3.3, Qwen 2.5 Coder, and the brand new Deepseek. Unlike all other AI API providers, Venice is private and does not view or store any prompt or conversation data; No one monitors user conversations and there are no content restrictions.