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What is Venice? Venice operates as a decentralized AI platform on the Base network, providing text, image, and code

Company details

What is Venice?

Venice operates as a decentralized AI platform on the Base network, providing text, image, and code generation services with a strong focus on user privacy. The platform stands out by processing all data locally on users’ devices rather than storing information on central servers.

The platform integrates advanced AI models, including Llama 3.3, Qwen 2.5 Coder, and Deepseek, offering these capabilities through a privacy-preserving architecture. At the core of Venice’s ecosystem is the VVV token, which enables users to access AI inference services through a staking mechanism, effectively reducing the marginal cost of using these services to zero.

Venice Airdrop Details

Venice has allocated 50% of the total VVV token supply for its airdrop, distributing tokens across two main user segments. The first segment comprises 25 million VVV tokens designated for Venice platform users, while another 25 million VVV tokens are allocated to participants in the crypto and AI ecosystem on Base.

For Venice platform users, eligibility requires earning at least 30 points and maintaining an active account since October 1st, 2024. The claim window extends for 45 days, closing on March 13, 2025. The distribution also includes allocations for holders of various AI-related tokens on Base, such as Virtuals, Aerodrome, Degen, and others.

Step-by-Step Guide:

How to Claim Your Venice VVV Airdrop

  1. Connect your wallet to the Venice platform.
  2. Verify your eligibility status:
    • For Free users: Minimum 30 points earned and active account since October 1st, 2024
    • For Pro users: Same point requirement with active account status
  3. Ensure you have enough Base ETH for transaction fees

Step-by-Step Claiming Process for Free Users

  1. Visit the Venice token dashboard.
  2. Connect your wallet to the platform
  3. Upgrade your account to Pro status
  4. Navigate to the claiming section
  5. Verify your eligibility and point balance
  6. Confirm the transaction to claim your VVV tokens

Step-by-Step Claiming Process for Pro Users

  1. Access the Venice token dashboard
  2. Connect your compatible wallet
  3. Verify your Pro status and point balance
  4. Select the claim option
  5. Confirm the transaction to receive your tokens

Staking VVV Tokens

  1. Navigate to the staking section on the Venice platform
  2. Choose the amount of VVV tokens you wish to stake
  3. Approve the token spending
  4. Confirm the staking transaction
  5. Start accessing your share of Venice’s API capacity

Benefits of Staking VVV

Staking VVV tokens provides several advantages for users:

The primary benefit is proportional access to Venice’s API capacity based on your staked amount. For example, staking 1% of the total VVV supply grants you access to 1% of the platform’s total API capacity. This access remains available indefinitely while your tokens are staked.

Additionally, stakers earn emissions-based yields, effectively making the cost of API usage negative when considering the staking rewards. This mechanism creates a sustainable model for both users and the platform.

Important Contract Information

  • VVV Token Contract: 0xacfE6019Ed1A7Dc6f7B508C02d1b04ec88cC21bf
  • Staking Contract: 0x321b7ff75154472B18EDb199033fF4D116F340Ff

Frequently Asked Questions

What happens if I don’t claim within the 45-day window?

Unclaimed tokens after March 13, 2025, will no longer be available for claiming.

Can I unstake my VVV tokens after staking?

Yes, you can unstake your VVV tokens at any time, though this will affect your API access capacity.

How is the API capacity calculated?

Your API capacity is calculated proportionally to your staked amount relative to the total staked VVV tokens.

Do I need to upgrade to Pro status to maintain my staking benefits?

No, once you’ve claimed and staked your tokens, you can access the API benefits regardless of your account status.

PawProfitForum does not endorse communities that promise unrealistic returns through potentially unethical practices. We are committed to promoting safe, informed, and ethical participation in the cryptocurrency space. We urge our audience to remain cautious, perform thorough research, and consider the broader implications of their investment decisions. All the above reviews include unverified information. Please conduct your own research. Share your feedback

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