Venice Token

VVV is the token of Venice, a private AI platform; staking it gives daily API credit.

Venice is an AI platform founded in 2024 by Erik Voorhees, the founder of the ShapeShift exchange. It gives access to more than 200 AI models for text, images, video and audio. Venice says it does not log prompts and keeps chats on the user's device. It also says it does not censor the models or restrict what users ask; adult users can switch off a mature content filter.

VVV is Venice's token on Base, an Ethereum layer-2 network. It launched on 27 January 2025 with 100 million tokens: half was airdropped to Venice users and AI projects on Base, 35% went to Venice the company, 10% to an incentive fund and 5% to liquidity. The token has no governance rights. Venice, a company based in Wyoming, controls the token contract, which can mint new VVV.

Holders stake VVV to earn newly created tokens. Venice set emissions at 14 million VVV a year at launch and has since cut them in steps, to 2.5 million a year from 1 September 2026 and 2 million from 1 October 2026. Staked VVV can be locked to mint DIEM; each staked DIEM gives $1 of Venice API credit every day. Part of Venice's subscription and API revenue buys and burns VVV, and Venice reported 33.7 million VVV burned by July 2026.

In July 2026 Venice raised $65 million at a $1 billion valuation, led by Dragonfly, and reported 3.5 million registered users. VVV trades on Coinbase, Kraken and other exchanges, but perpetual futures volume is larger than spot volume. Security researchers reported in 2025 that the unrestricted chatbot could be used to write malware and phishing emails.