Venice AI, a special and uncensored alternative to popular artificial intelligence applications developed by Erick Voorhees, recently released a token called Venice Token (VVV). This new artificial intelligence Coin, which was released on Base, Ethereum’s Layer-2 network, triggered the excitement in the crypto currency market. According to reports, only two hours after its release, the VVV reached a valuation of over $ 1 billion. Currently, the market value of VVV is at $ 1,644,752.372. In the last 24 hours, the market has grown by 56.5 %.
New Artificial Intelligence Coin entered the market
The date when Venice Token was officially released was January 27. According to reports, the FDV of the VVV (diluted market value) reached $ 1 billion within 2 hours after the launch. At one point on January 28, the market value of the VVV was around $ 390,336,994. Currently, the market value is 338,704,512 dollars. The 24 -hour trading volume of VVV is approximately 487.723.885 dollars. The total supply of Venice Token is at least 100,174,475. The minimum 50 percent of this amount is for AirDrop for Venice users and artificial intelligence/crypto community, 35 %for Venice.ai company, 10 %for the Venice incentive fund and 5 %for the distribution of liquidity.
In other words, at least 50 million VVVs for the AirDrop process, approximately 35 million for the company, about 10 million for the fund, and over 5 million resources for the purpose of distribution of liquidity were allocated. Venice uses the leading open -source artificial intelligence technology to offer uncensored, impartial machine intelligence. It stands out with its commitment to confidentiality. The platform currently has at least 400,000 registered users. Kriptokoin.comAs we have reported, crypto currency will be listed in Coinbase.
Is there a Deepseek connection?
Meanwhile, Veniceai’s connection with Deepseek was curious. Because Deepseek is the latest “sensation” in the crypto community. With the low GPU, the cost -effective artificial intelligence model, artificial intelligence projects in the United States created a great destruction in the environment. However, the way the platform processes the data of the platform has led to serious concerns. In a recent statement, Voorhees assured that no data can be stolen when Deepseek R-1 is used through Venice. Venice AI Tokenı provides special access to Deepseek.
