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Venice is increasing programmatic VVV burns. Each new Pro subscription now burns $2 in VVV (up from $1). New Pro+ and Max subscriptions now also trigger programmatic burns at $5 and $10 in VVV respectively.

Venice

86,020 subscribers

63,245 просмотров • 5 месяцев назад •via X (Twitter)

Новости и политика Наука и технологии Финансы

Anya Rossi• Live Now

Private livecam show

Комментарии: 23

Фото профиля Venice

Venice5 месяцев назад

All verifiable onchain in real-time, in addition to monthly discretionary burns. Follow the VVV burn here:

Фото профиля Venice

Venice5 месяцев назад

Full details:

Фото профиля Pol

Pol5 месяцев назад

Venice continues to set the bar incredibly high. Not only are they relentlessly improving an already elite product, delivering top-tier models with standout advantages in uncensored responses and true privacy, but their commitment to token holders is outstanding. Over 33.7 million $VVV burned and they keep raising the bar. This is how you build a sustainable ecosystem: best-in-class AI + strong tokenomics that actually reward holders. Respect.

Фото профиля ⚛ 𝕊keletør ⚛

⚛ 𝕊keletør ⚛5 месяцев назад

Next step: make it recurrent on each monthly payment

Фото профиля blankey

blankey5 месяцев назад

team at venice is unmatched rn in the ai sector of crypto and in general.

Фото профиля Greensmokestudios.skr 💚 🗝️ 🐒

Greensmokestudios.skr 💚 🗝️ 🐒5 месяцев назад

I feel sorry for anybody trying to Short $VVV They'll need rehab soon

Фото профиля Marklar 🍳

Marklar 🍳5 месяцев назад

Making decisions based on PA. Great signs. Great signs.

Фото профиля Decentralized Danny

Decentralized Danny5 месяцев назад

great if subscribers are growing

Фото профиля Greensmokestudios.skr 💚 🗝️ 🐒

Greensmokestudios.skr 💚 🗝️ 🐒5 месяцев назад

What happens if you get your pro subscription from staking 100 $VVV? Does that still trigger a burn?

Фото профиля Agent Orange

Agent Orange5 месяцев назад

I noticed this earlier today when I logged on to check my stake. Good for you good for us the holders. Love this project.

Фото профиля Michael B

Michael B5 месяцев назад

Are these burns monthly? As in every month when they renew their subscription vvv is burnt or is a onetime burn only.

Фото профиля Allen 🛡️🦇🔊

Allen 🛡️🦇🔊5 месяцев назад

Amazing. Is there mechanism driving the change from $1 to $2? Will this be market/utilization driven in the future?

Фото профиля Wasabi 🥥🌴

Wasabi 🥥🌴5 месяцев назад

@jerri_nft

Фото профиля LonnieG

LonnieG5 месяцев назад

oh interesting move, never thought about burning value in this way before

Фото профиля Scam_Hunter

Scam_Hunter5 месяцев назад

🤑🤑🤑

Фото профиля John G

John G5 месяцев назад

@ErikVoorhees Chirp chirp

Фото профиля Intel_Crypto1

Intel_Crypto15 месяцев назад

A good token, just need patience to own it. The price is still very high; it could end up like Tradoor.

Фото профиля alex

alex5 месяцев назад

@ErikVoorhees 👀

Фото профиля mardi

mardi5 месяцев назад

mardi likes

Фото профиля Ziggitybee33

Ziggitybee334 месяцев назад

@ErikVoorhees double it again

Фото профиля Scam_Hunter

Scam_Hunter5 месяцев назад

Let's go Pump 🚀🚀

Фото профиля 链鲸

链鲸5 месяцев назад

@ErikVoorhees 这涨价有点吓人啊！

Фото профиля Scam_Hunter

Scam_Hunter5 месяцев назад

Time to take profits, thank you Venice for the incredible rise. 🤑

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VVV emissions are being reduced from 3M per year to 2M per year. This will occur in two stages: 1. September 1st: 2.5M VVV/year 2. October 1st: 2M VVV/year On the road to a net deflationary VVV with native yield through lower emissions and increasing burns.

VVV emissions are being reduced from 3M per year to 2M per year. This will occur in two stages: 1. September 1st: 2.5M VVV/year 2. October 1st: 2M VVV/year On the road to a net deflationary VVV with native yield through lower emissions and increasing burns.

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114,235 просмотров • 1 месяц назад

Question from the $VVV telegram: "With annual emissions still exceeding current VVV burns, what's the realistic path towards VVV becoming net deflationary? Jon Venice: "...We do have a stated goal of VVV becoming a deflationary asset over time. So far I think all of our actions have marched right towards that. We've gone from at launch 14,000,000 in VVV in emissions a year to now 3,000,000 in VVV. So it's been a significant reduction." "The burns have been coming up on the other side especially as the business grows. We're just gonna keep doing the things we've been saying that we're going to do, In order to march towards deflation, that means emissions need to come down further and that and burns have to go up higher." "People should expect emissions to keep dropping and they should expect burns to keep growing. And at some point, burns will exceed emissions, and that's when we have a deflationary asset. We're not there yet. But I fully expect that we will get there kind of sooner than later without giving an exact timeframe."

Question from the $VVV telegram: "With annual emissions still exceeding current VVV burns, what's the realistic path towards VVV becoming net deflationary? Jon Venice: "...We do have a stated goal of VVV becoming a deflationary asset over time. So far I think all of our actions have marched right towards that. We've gone from at launch 14,000,000 in VVV in emissions a year to now 3,000,000 in VVV. So it's been a significant reduction." "The burns have been coming up on the other side especially as the business grows. We're just gonna keep doing the things we've been saying that we're going to do, In order to march towards deflation, that means emissions need to come down further and that and burns have to go up higher." "People should expect emissions to keep dropping and they should expect burns to keep growing. And at some point, burns will exceed emissions, and that's when we have a deflationary asset. We're not there yet. But I fully expect that we will get there kind of sooner than later without giving an exact timeframe."

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10,779 просмотров • 2 месяцев назад

The main value of staking $VVV is transferring from $VVV yield, to actual, real utility in the Venice ecosystem. As $VVV yield drops to low single digit APY, the Venice team is adding additional incentives to stake VVV - Increased $DIEM supply target - Venice Pro for free, for life Jon Venice: "one of the core metrics I think as a VVV holder you should be looking at is like how much DIEM can I actually mint? How much inference can I get kind of per VVV?" Yields come down as utility expands makes sense to me 👍

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David Hoffman

18,263 просмотров • 1 месяц назад

Venice recently added API & Credit purchases to the list of $VVV burn mechanisms, which 3x'd the rate of VVV burn overnight. Two thing are happening here: - More of the Venice business is directly connected to VVV burn. - VVV holders can now infer Venice API/Credit revenue by proxy of the VVV burn from this line of business I talk to Jon Venice about this: "The latest credit burns in the credit side of the business has been growing tremendously over the last couple of months. And that includes both people using the app, and buying credits to do things like use pay per use models, create videos, use professional image models...." "So all this this basically takes that whole side of the business that wasn't on chain yet and puts it on chain and ties it to the burn. So what you're seeing there with the credits is that we're averaging, somewhere in the range of $120,000+ credit purchases a day on Venice on top of subscriptions" "I expect to see this credit burn grow just because, that part of the business did not even exist, seven or eight months ago. So that's gone from nothing to almost, you know, in the range of like 50% of our business on an average day. So now that all flows directly back to the VVV token economy." "This just adds everything we've been saying, you know, since we launched VVV, since we've been talking about this over the last couple of years, we really do want to buy and burn as much VVV as we possibly can. We want Venice to grow into a large enough business to be able to afford and buy and burn very large amounts of VVV." "So we're just going to keep marching on that plan."

Venice recently added API & Credit purchases to the list of $VVV burn mechanisms, which 3x'd the rate of VVV burn overnight. Two thing are happening here: - More of the Venice business is directly connected to VVV burn. - VVV holders can now infer Venice API/Credit revenue by proxy of the VVV burn from this line of business I talk to Jon Venice about this: "The latest credit burns in the credit side of the business has been growing tremendously over the last couple of months. And that includes both people using the app, and buying credits to do things like use pay per use models, create videos, use professional image models...." "So all this this basically takes that whole side of the business that wasn't on chain yet and puts it on chain and ties it to the burn. So what you're seeing there with the credits is that we're averaging, somewhere in the range of $120,000+ credit purchases a day on Venice on top of subscriptions" "I expect to see this credit burn grow just because, that part of the business did not even exist, seven or eight months ago. So that's gone from nothing to almost, you know, in the range of like 50% of our business on an average day. So now that all flows directly back to the VVV token economy." "This just adds everything we've been saying, you know, since we launched VVV, since we've been talking about this over the last couple of years, we really do want to buy and burn as much VVV as we possibly can. We want Venice to grow into a large enough business to be able to afford and buy and burn very large amounts of VVV." "So we're just going to keep marching on that plan."

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Erik Voorhees explains how Venice's dual token model actually works "You can stake 100 VVV to get pro access to Venice. We take a bunch of our revenue, buy the token, and burn it" "We want to take that to its extreme and try to buy every last token we can and burn it all" "You lock up VVV to mint DIEM. Each DIEM you hold gives you $1/day to use on any AI model you want" "We built it so AI agents could hold an asset and get marginally free inference" "It changes the economic calculation. We thought that'd be an interesting design space to explore"

Erik Voorhees explains how Venice's dual token model actually works "You can stake 100 VVV to get pro access to Venice. We take a bunch of our revenue, buy the token, and burn it" "We want to take that to its extreme and try to buy every last token we can and burn it all" "You lock up VVV to mint DIEM. Each DIEM you hold gives you $1/day to use on any AI model you want" "We built it so AI agents could hold an asset and get marginally free inference" "It changes the economic calculation. We thought that'd be an interesting design space to explore"

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Ansem says $VVV is one of the sleeper consumer app play in crypto "VVV is a sleeper consumer app play onchain. I think VVV is one of the sleeper plays in crypto" "They have like 4 million users right now. I think they just hit like $100 million annualized revenue" "VVV is one of the applications that has found breakout success and consumer success, which is extremely hard to do with customers that aren't even really crypto-native" "I think the narrative for them as uncensored AI is just great generally going forward" "For the same reason that Bitcoin made a ton of sense, like uncensored money, you should have uncensored access to AI, especially if AI is going to continue to get a lot more impressive over the years" "It's a great trade. It was a really strong leader this year. It went from $1 to $20" "Their numbers are fucking through the roof. They're crushing it" "I think it's rare that a crypto app is crushing it outside of crypto and also has a token attached to it. And the team is focused on delivering value to the token as well" "I like Venice a lot. There's not really much that they're competing with in the AI space right now in crypto"

Ansem says $VVV is one of the sleeper consumer app play in crypto "VVV is a sleeper consumer app play onchain. I think VVV is one of the sleeper plays in crypto" "They have like 4 million users right now. I think they just hit like $100 million annualized revenue" "VVV is one of the applications that has found breakout success and consumer success, which is extremely hard to do with customers that aren't even really crypto-native" "I think the narrative for them as uncensored AI is just great generally going forward" "For the same reason that Bitcoin made a ton of sense, like uncensored money, you should have uncensored access to AI, especially if AI is going to continue to get a lot more impressive over the years" "It's a great trade. It was a really strong leader this year. It went from $1 to $20" "Their numbers are fucking through the roof. They're crushing it" "I think it's rare that a crypto app is crushing it outside of crypto and also has a token attached to it. And the team is focused on delivering value to the token as well" "I like Venice a lot. There's not really much that they're competing with in the AI space right now in crypto"

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Sensitive content

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