A privacy-focused synthetic intelligence (AI) platform, Venice AI, launched its VVV token on January 27.
Constructed on Base, Ethereum’s
$3,193.60
layer-2 community, the token shortly gained consideration.
In a submit 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, photos, 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 considerations, as its mannequin is believed to gather consumer knowledge and ship it to China. Nevertheless, Erik Voorhees, the founding father of Venice AI, assured customers that knowledge generated by way of 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 provide 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 are actually a part of the community.
In the meantime, the late John McAfee’s X account not too long ago promoted a brand new AI token known as AIntivirus. How did the crypto group 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 trade, Aaron understands the entire greatest points and struggles that crypto fans face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to individual for every little thing 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 shops, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market traits, and in search of the subsequent supernova.
