YEREVAN (CoinChapter.com) — Venice.ai, founded by Erik Voorhees, has introduced the Venice AI token (VVV) to address privacy and centralization issues in artificial intelligence. Launched on Jan. 27, 2025, the token allows decentralized access to AI inference for generating text, images, and code. Unlike centralized AI platforms, Venice.ai avoids data storage, content censorship, or requiring identity verification, ensuring user privacy.
Venice AI Token Launch. Source: XThe Venice AI token enables users to interact with the platform’s API without incurring traditional pay-per-use fees. This model is particularly suited for AI agents and developers focused on privacy and unrestricted access to computational resources. Venice.ai, established in May 2024, aims to remove financial and bureaucratic barriers in the AI space.
Venice AI Airdrop Distributes Half of Total Token Supply
The Venice AI token has a capped supply of 100 million tokens, with half of the total—50 million—allocated through an airdrop. Tokens were distributed to Venice users and AI community projects, including Virtuals, Luna, and VaderAI. This airdrop is available to eligible users via the Venice.ai dashboard, with a claim window open until March 13, 2025.
The remaining 50% of the supply is divided among Venice.ai’s operational reserves (35%), an incentive fund (10%), and a liquidity pool (5%). These allocations ensure that the platform can maintain operations, fund further development, and incentivize participation within the ecosystem.
Staking Venice AI Tokens for API Access
Staking the VeniceAI token allows users to access Venice.ai’s computational resources. The staking system provides proportional access to the platform’s API. For instance, staking 1% of the token supply grants access to 1% of Venice.ai’s computational capacity indefinitely.
In addition to API access, stakers earn emissions-based rewards. Venice.ai distributes 14 million VVV tokens annually to incentivize participation. This staking model eliminates the need for recurring costs, providing ongoing access to AI inference services.
VVV Airdrop Live. Source: Venice.ai WebVenice AI Platform Gains Traction
Since its launch, Venice.ai has processed 15,000 hourly inference requests, serving 450,000 users. The platform has become a reliable resource for developers and AI agents requiring uncensored and private access to AI tools. By integrating with frameworks like Eliza, Venice.ai provides users with seamless access to its API for unrestricted AI development.
How to Claim Venice AI Tokens
The Venice AI airdrop is available to both Free and Pro users with active accounts as of Oct. 1, 2024, and at least 30 earned points. Free users must upgrade to Pro to claim their tokens. Pro users can directly claim their allocation based on usage and points.
Once claimed, tokens can be staked to gain access to Venice.ai’s API and emissions rewards. This process allows users to start using their allocated computational resources immediately.
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