How to Claim Venice AI Airdrop and Stake Your VVV Tokens - A Step by Step Guide

Venice AI has officially launched its Venice token (VVV) on the Base network, marking a significant milestone in decentralized AI access. This initiative aims to provide users and developers with private, uncensored AI inference through the Venice API.

• Venice AI introduces its decentralized platform with the VVV token on the Base blockchain, enabling private and uncensored AI inference for tasks like text, image, and code generation.

• Free and Pro users who meet eligibility criteria can claim their VVV tokens until March 13, 2025, through the token dashboard. Pro users can claim directly, while Free users must upgrade their accounts first.

• Staking VVV tokens gives users a proportional share of Venice's API capacity, ensuring free, ongoing AI inference with emissions-based yield as a bonus.

Venice AI is a decentralized platform that combines artificial intelligence (AI) capabilities with blockchain technology. Launched in May 2024, Venice AI was designed as a private and uncensored alternative to traditional AI platforms like ChatGPT. It enables users to access private, uncensored AI inference for tasks such as generating text, creating images, and writing code.

By integrating with the Base blockchain, Venice AI prioritizes privacy, scalability, and accessibility while leveraging blockchain's decentralized nature to distribute ownership and functionality to its users. Since its launch, Venice AI has grown to over 450,000 registered users, with 50,000 daily active users generating more than 15,000 inference requests per hour.

Key Features of Venice AI

• Privacy First: Venice ensures complete privacy for users. Your prompts and conversations are neither stored nor seen by the platform, providing a secure and confidential AI experience.

• Uncensored Inference: Unlike traditional AI providers, Venice imposes no content restrictions, allowing users full creative freedom.

• Exclusive Access with VVV: Purchasing and staking the Venice token (VVV) grants holders private access to Venice AI’s DeepSeek R-1 model, a high-performance AI engine offering cutting-edge generative capabilities.

• Real-Time Generative Capabilities: The platform supports high-speed inference for text, image, and code generation, making it suitable for developers, content creators, and AI enthusiasts.

• Tokenized API Access: By staking the Venice token (VVV), users gain proportional access to the platform's API capacity. This innovative model incentivizes participation and decentralizes control over the AI infrastructure.

How Venice AI Works

Venice AI aims to democratize AI by removing the traditional barriers of centralized providers. By utilizing a blockchain-based infrastructure, Venice ensures that users maintain control over their data, enjoy unrestricted access, and actively participate in the platform’s governance and growth.

1. Staking for API Access: Users stake VVV tokens to gain access to a share of Venice's total API capacity. The more you stake, the greater your access to inference capabilities.

2. Emissions-Based Yield: Staked tokens earn emissions-based rewards, effectively subsidizing AI usage costs and making it more economical for active users.

3. Permissionless Integration: Developers and enterprises can integrate Venice's AI solutions directly into their workflows via the Venice API, using their staked capacity to support operations.

Source: Venice AI blog

• Venice has minted 100 million VVV tokens, with 50% (50 million tokens) allocated for airdrops to Venice users and the broader crypto AI community. The remaining tokens are designated for Venice.ai's development, an incentive fund, and liquidity provision.

• Active Venice users since October 1, 2024, who have accumulated at least 25 points by December 31, 2024, are eligible for the airdrop. Additionally, 25 million VVV tokens have been allocated to AI community protocols on the Base network, including projects like VIRTUALS, AERO, DEGEN, AIXBT, GAME, LUNA, VADER, CLANKER, and MOR.

1. Claiming VVV Tokens:

• Free Users: Eligible free users must upgrade to a Pro account to claim their tokens. Upon upgrading, they can access their allocated VVV tokens through the token dashboard.

• Pro Users: Eligible Pro users can directly claim their VVV tokens via the token dashboard. The claim window is open until March 13, 2025.

2. Staking VVV Tokens: Staking VVV tokens grants users a proportional share of Venice's API capacity. For instance, staking 1% of the total staked VVV entitles a user to 1% of the API capacity indefinitely. This staked amount is not spent but remains as collateral, allowing users to utilize their share of inference as needed. Additionally, stakers earn emissions-based yield, effectively reducing the cost of AI inference to below zero.

Important Details to Know

• VVV Contract Address: 0xacfE6019Ed1A7Dc6f7B508C02d1b04ec88cC21bf

• Staking Contract Address: 0x321b7ff75154472B18EDb199033fF4D116F340Ff

• Claim Portal: venice.ai/token

• API Documentation: docs.venice.ai

• Community Engagement: Join the conversation on Discord at discord.gg/BgmZpK2Tt9

Venice AI emphasizes user privacy, ensuring that prompts and conversations are neither stored nor viewed by the platform. There are no content restrictions, allowing users to engage freely with the AI. By staking VVV, users gain API access while maintaining complete data privacy.

Venice AI introduces a novel token-economic model centered around the Venice token (VVV). This token enables stakers to access private, uncensored AI inference on the Venice API at zero marginal cost. The tokenomics of VVV are designed to promote utility, incentivize staking, and align with the growth of the generative AI industry. Below are the key aspects of VVV's tokenomics:

Venice AI Token Distribution

Venice AI token allocation | Source: Venice AI blog

• Total Supply: 100 million VVV tokens were created at genesis.

• Airdrop Allocation:

• 50% (50 million VVV) allocated for airdrops.

• 25 million VVV distributed to over 100,000 Venice users active since October 1, 2024, who earned 25 or more points by December 31, 2024.

• 25 million VVV allocated to AI community protocols on the Base blockchain, including projects like VIRTUALS, AERO, and VaderAI.

• Team and Development Fund:

• 35% (35 million VVV) allocated to Venice.ai for development and ecosystem growth.

• 10% (10 million VVV) allocated to the Venice team, with 25% unlocked upfront and the remainder vesting over 24 months.

• 5% (5 million VVV) allocated to an incentive fund for liquidity and user rewards.

$VVV Token Utility

VVV tokens serve as an access key to Venice’s AI inference capacity. Stakers enjoy the following benefits:

1. Proportional Inference Access: Staking VVV allows users to claim a pro-rata share of Venice’s API capacity, enabling free generative text, image, and code creation.

2. Private and Uncensored AI Access: The Venice token (VVV) acts as an access key for AI agents and developers to consume private, uncensored inference through the Venice API, without paying per request.

3. Staking Yield: Stakers earn emissions-based rewards, reducing the cost of AI usage and potentially generating income.

4. Resale Opportunities: Stakers can trade or resell their share of API capacity, providing additional utility and flexibility.

VVV Token Emission Schedule

• Annual Emissions: 14 million VVV are emitted yearly, starting at an inflation rate of 14%. This rate decreases over time.

• Emission Allocation: Newly emitted tokens are distributed to stakers and Venice.ai, based on the platform’s Utilization Rate—a measure of demand for Venice’s API.

This airdrop represents a pivotal step in integrating decentralized AI solutions with blockchain technology, fostering a unified digital ecosystem. As the claim window remains open until March 13, 2025, eligible participants are encouraged to claim and stake their VVV tokens promptly to maximize their benefits within the Venice ecosystem.

Read more: Venice AI Token (VVV) Launches with $1.6B Valuation, Offering Private DeepSeek Access