Venice & Crypto's Escalating AI Ambitions

Crypto's latest AI coin, $VVV, arrives with a billion-dollar bang on Base.

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While Wall Street investors grappled with less certain American AI supremacy, Crypto hosted its own bit of AI news with the long-awaited expansion of crypto AI platform Venice.

First launched in May 2024, Venice aims to offer open, decentralized, generative AI without the data-logging or censorship prevalent in commercial platforms like ChatGPT. Yesterday, the platform surprised the market with the airdrop of its VVV token and API release, which arrived just as DeepSeek, the new, headline-grabbing AI out of China (which is also openly integrated into Venice), tightened its global access. All these forces have mixed to make Venice the talk of the town and worthy of a deeper dive.

So, today, we’ll explore the app – and examine its extensive functionality, as well as its token and API launch – to understand not only its abilities but also where it's headed!

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David C

Written by David C

369 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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