Venice (VVV): Advancing AI with a focus on privacy

Artificial intelligence (AI) offers people many benefits, but it also comes with some concerns about privacy and security. Venice’s AI platform hopes to address these concerns by offering a private and uncensored AI model for users to enjoy. 

While it's not a fully blockchain-centered technology, Venice does offer some web3 features, such as its own cryptocurrency token. To learn more about how its system operates and to learn whether you want to invest in it, make sure to explore this guide to Venice’s AI platform.

Key Takeaways:

• Venice is an artificial intelligence platform committed to providing users with the utmost security and privacy.

• Looking to trade Venice tokens? Bybit now offers the VVV/USDT Spot trading pair.

What is Venice?

Venice is an artificial intelligence platform committed to providing users with the utmost security and privacy. This open-source AI model can create images, text and code, just as with Stable Diffusion and ChatGPT. However, Venice doesn’t spy on users or censor its results.

History of Venice

Venice is an American-based company founded by ErikVoorhees, the former CEO of ShapeShift, a crypto exchange; CTO Jesse Proudman, a seasoned technical entrepreneur boasting 30 years of experience; as well as COO Teana Baker-Taylor, who used to be the Circle’s VP of Policy and Regulatory Strategy and Binance’s UK Director. As AI technology began to take off, Voorhees quickly noticed the need for more privacy.

What does Venice aim to achieve?

While AI services can be useful for tasks such as replying to image generation, many of its bigger systems put a lot of rules in place. Users are censored in the types of text prompts they can request, and the system may discard answers it feels are too risqué or inappropriate. Venice promises to deliver uncensored information straight to users. 

The project also wants to bring the power of AI to users without requiring them to sacrifice privacy. Many leading open-source AI models have to sell user data to big companies in order to afford the equipment to run their AI. This can lead to major privacy concerns, especially if a security breach leaks private data to the public. Venice plans to maintain a secure environment in which people have permissionless access to AI.

How does Venice work?

Venice operates on a set of abliterated AI models. These are modified large language models (LMMs) that have had their restrictions and censorship mechanisms removed. Venice provides access to a variety of abliterated open-source AI models, including Dolphin 72B, Flux and Stable Diffusion. Users can switch between these models in order to experience various response styles and parameters.

Venice mostly uses generative technology and standard software coding to run its website. The computational power needed to run all the Venice programs is broken down into standardized Venice Compute Units (VCUs). The system tracks the number of VCUs a person uses, and if a person goes over the free daily limit of VCUs, they can pay for additional VCUs with VVV tokens. The VVV token runs on Base, a Layer 2 Ethereum network that provides both security and accuracy. 

Features of Venice’s AI

Venice's mission to deliver uncensored AI content in a secure environment has led to many exciting features. Users can access the following services, regardless of whether they’re casual AI enthusiasts or experienced pros.

Text generator

Venice provides permissionless access to all the wonders of text-based AI. Some people use Venice to write essays or request information on various concepts. You can also use its text generation to interact with the AI, and request it to function like a chatbot and talk back and forth with you.

Image generator

You can use this uncensored AI service to create images based on a variety of prompts. For example, you can enter subjects, theme matters and even art styles to generate unique artwork. Unlike many other leading open-source AI services, Venic allows for some unusual and NSFW imagery.

Code generator

Venice also has a system exclusively for coders. If you're interested in using AI to build software, the system can deliver you custom-written code. Simply set up text prompts describing what you want your code to accomplish, and depending upon the model you use, you may be able to filter parameters such as program language and coding type.

AI characters

Venice recently introduced a new feature on its platform that lets users create and interact with AI characters with no filters. Each character comes with a unique personality and backstory, offering a fully customizable and immersive chat experience. You can even upload a PDF to add depth or duplicate and evolve characters to explore new personalities. 

Venice road map

Venice's founder has worked diligently to set up a basic system with access to uncensored AI models and some helpful privacy features. Now that this foundation is finished, the development team is primarily working on user experience features. They hope to implement useful details, such as editing previous messages, backing up chat and improving the tagging system. 

Venice also enables users to directly request features that they think will help them. Thanks to user input, Venice’s road map includes plans to eventually add more tutorials, direct access to web links and provide auto-top-up options for Venice API credits.

VVV tokenomics

The VVV token is used to manage resource distribution for the Venice system. For instance, you can pay usage fees for image generation with the token, and pro users can stake VVV to gain free access to the Venice system in perpetuity. VVV’s starting supply is 100 million tokens, with plans to create 14 million new tokens each year. Half of the initial supply of tokens will be distributed to community members via airdrops, while 35% are reserved for development and growth, 10% will be used for ecosystem incentives, and 5% will be used for liquidity. The further 14 million tokens that are released each year will be distributed as staking rewards for people who participate in the private and uncensored Venice network. 

VVV price prediction

When the VVV token debuted in January 2025, it quickly reached an all-time high (ATH) of $22.58, and then hit an ATL of $2.50 less than a week later. Prices have mostly stabilized since then and range from $3–$5. 

While the market for VVV is somewhat bullish, social media opinions are divided. Some users predict dropping prices, due to the team's frequent sales of the tokens and the fact that more tokens will be minted. However, other crypto investors believe that strong support from reputable web3 companies, such as Coinbase and Binance Alpha, will lead to a rise in VVV’s price. Overall, pricing analysis tools predict a slow yet steady rise. CoinCodex suggests that VVV token prices will reach $10 by the end of 2025.

Where to buy VVV

Looking to trade Venice (VVV) tokens? Bybit now offers the VVV/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the VVV/USDT Spot trading page. 

Is VVV a good investment?

VVV's essential role in the Venice AI project makes it a coin with potential. There’s a lot of demand for AI models with better security and less censorship, and the unbiased machine intelligence of Venice AI could fill that functionality. Since VVV is needed to access the Venice API, it retains some utility and value outside of market fluctuations. 

However, keep in mind that Venice's tokenomics have come under a lot of scrutiny, due to their inflationary model. The coin's pricing history has also seen some big drops, scaring away investors. This makes VVV slightly riskier than the average crypto startup token. 

Ultimately, investors may want to check out VVV if they want to support Venice, or enjoy working with potentially undervalued coins. However, it's important to remain cautious and use risk mitigation strategies when buying VVV. As always, when investing in any crypto token, do your own research, and don’t invest more than you can afford to lose.

Closing thoughts

Right now, there’s a huge demand for open-source AI models that don't have censorship or privacy issues. Therefore, it's no surprise that Venice’s AI platform has already managed to attract a lot of users. Furthermore, Venice offers a secure and unbiased machine intelligence that could make its cryptocurrency token very valuable. Though there have been some ups and downs since the VVV token's release, it's still an intriguing option for investors.

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