Venice AI & The Surveillance Solution!

Hinzugefügt: 2026-06-01

[00:00:00]Welcome back to the channel, guys. My name is Gordon. We are back with another video. Today, we're talking about Venice AI and the VVV token. As always, if you enjoy the content, please make sure to smash that thumbs up button below, hit subscribe, hit that bell notification icon as well. Grab your free copy of the rise of Bitcoin in the description. And let's talk about Venice.

[00:00:24]So most of you know I am very bullish on the Bitensor Tao ecosystem as the leading AI protocol in all of crypto.

[00:00:32]But when you see the price action that Venice and their VVV token has been executing on over the past few months, it's very difficult to ignore. All we have to do is go back to the very beginning of March and we can see that price action has seen a 230 plus% increase for Venice over the past 83 days. Even going back to the lows in December of last year, we're up over 1,700% in the past 173 days. So that is definitely some phenomenal outperformance versus the US dollar. And we all know that Bitcoin has not been as explosive in that time. So Venice has definitely outperformed Bitcoin by a large degree. So what is Venice? Well, essentially I've created this very detailed deep research report. If you want to get this yourself, guys, drop um down into the description. I will leave a link for this entire report in the description. But ultimately what Venice is doing is they're focusing on privacy um in terms of artificial intelligence and they've created this entire protocol to act as I guess a counterbalance to the centralized AI labs who are obviously farming and using all of our data when we're using these protocols like chat GPT codeex cloud code etc etc and so Venice was founded by Eric Vorhees the former CEO of crypto exchange shape shift Currently, we have a market cap for Venice in the region of about 800 um million US. We can see it's at about 820 million at this moment in time thanks to that phenomenal runup in price. We also have a total supply of 80 million and a circulating supply of about 46 million tokens. Currently, no defined max supply. There is some indications that they want to have a deflationary mechanism, but unlike strict max supply protocols like Bitcoin and Bit Tensor, Venice does not technically have a current max supply. Okay, that is definitely worth noting and very important from a tokconomic standpoint.

[00:02:37]But if we scroll down here, their core value proposition like I was saying is to be able to have um you know this kind of chat GPT interface which I'll show you in a moment that allows you to um effectively use um decentralized inference and compute in a privacy ccentric manner. And so you can see here the three problems they're trying to solve uh revolve around surveillance, censorship and friction. And so we know, like I mentioned, when we're using these centralized labs and their products from OpenAI and Anthropic, you know, our files are being sent to these centralized AI labs, they're stored indefinitely, and our data and our personal information, if you're putting that into these tools, is being used by these centralized companies to enhance and improve all of their models. And then also, we don't know are those files um obtainable by governments on request either now and or into the future. And so the surveillance problem is what Venice is trying to solve. Obviously censorship as well. We know that these models are controlled and censored to a certain extent. And so being able to access um censorship free compute and inference on a product like Venice is what they are trying to offer their end users. And also the friction element where inference is built per request um and payment is permissioned. A tax on every interaction is a barrier to autonomous agents. And so they're creating this model where you can actually stake the VBV token and draw inference at zero marginal cost indefinitely. You're not getting build per request. They actually have a dual model where you can pay a subscription if you're of that preference or you can stake your VVV and draw down that um inference at near zero marginal cost like we just mentioned. Okay, so this is the value proposition. This is what they're trying to do differently. Again, a lot of similarities to what Bitensor is doing, except Bit Tensor is doing it um with 128 different subnets, incentivizing different types of intelligence and AI mechanisms with all the incentive mechanisms that every individual subnet leverages. Um Venice are doing it in a you know in a decentralized way, but you could argue slightly more centralized versus Bit Tensor. But what Venice do have is they have a very nice sleek front-end interface which I'll show you in just a moment which is their application layer.

[00:04:56]And then obviously you can figure out a little bit more how the product works by accessing this entire report in the description below this video. Okay. So like we alluded to how the VVV token works is you can stake it to draw down that inference at zero marginal cost.

[00:05:12]Um, and then they also have created DM as the unit of account or the unit of capacity within the ecosystem where essentially one DM equals $1 of inference credit per day. Okay. And so if the network's capacity is let's say 10,000 DM and you hold 1% of the staked Venice token, you can consume 100 DM, which is roughly equal to about $100 of inference every single day. So they're incentivizing you to access compute by staking the DM token and so sorry staking the VVV token. So it's kind of a novel idea and pretty interesting and I'd say part of the reason in the runup in price is because they're doing something a little bit novel and a little bit different. And so I want to show you the front-end interface now in just a moment. But very first before we do that I want to mention a quick word here from the sponsor of today's video proof of talk.

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[00:06:27]>> Okay, so jumping back to what we were just discussing, you know, the DM token and the compute marketplace is essentially what this entire protocol is built around. And like I mentioned, there is a very sleek and simple user interface. You can find this over at venice.ai. And essentially, it's geared towards being as userfriendly as possible to uh retail or, you know, vibe coders who are essentially used to using very simple and sleek interfaces like chat GPT or Claude AI. And so you can obviously speak to the Venice um agent here and you can ask it questions. You can do anything you would do on chat GPT. So what is the you know the VVV token price today? So again it's going to be able to give us all of these insights in a very similar manner to what we're used to using on the likes of chat GPT or Claude but it's doing it in a privacy ccentric and encrypted way.

[00:07:24]This data is not being used by Venice.

[00:07:26]It's not being sold to other companies.

[00:07:28]It's not being accessed by other governments. It's giving us a breakdown of the current price of the asset which again aligns with what we were looking at over on Trading View. It's giving us the market cap, volume, rank, circulating supply, etc. So, Venice is, you know, a new burgeoning protocol.

[00:07:46]It's definitely smaller in terms of market cap than other AI players in the crypto space like near protocol and bitter tao. And the whole idea here is the chat interface is meant to be very easy, sleek and simple to use. Now, interestingly, James Altature from um the Bit Tensor ecosystem has been creating something very similar to what Venice is offering from a front-end perspective because Bitensor does not have an equivalent in terms of a front-end user interface. He is um the person behind Tao Synergies, the investment company bringing tons of capital into the Bitensor ecosystem and subnets. And he's obviously a well-renowned author as well, but he has created blueau.ai, AI which is essentially trying to be the bit center alternative to what Venice has built.

[00:08:32]This is still very much in alpha is what James has said here. Again, this is literally only after getting launched in the past 24 to 48 hours as I make this video. But again, the idea here is that we can ask and use blue tow and on the back end it's using inference from bit tensor subnets from the likes of shoots.

[00:08:51]It's tapping into all of these different subnets to be able to use um decentralized privacy ccentric inference and compute that is obviously you know honing in on the same type of value proposition that Venice is creating here in the first place as well. So again we could ask it what is the price of toao today and you know the whole idea here is that we can interact have conversations use this in a very similar manner to the likes of chat GPT or you know whatever is happening across the latest centralized AI lab models and it's giving us a price here for bitensor by scanning the net and giving us different insights. So very interesting to see this being built out by James.

[00:09:33]Again, this is very, very early, but I think a um a notable endeavor to try and have, you know, something sleek and clean that acts as an alternative to what Venice are building. But if you want access to that entire report for Venice, everything about their model, the DM um incentive that they're creating, and the ability for you to stake VVV to draw down inference. Um, make sure to grab that link in the description below this video. There's a full tokconomics breakdown here. I'm curious to see how that will evolve because obviously they started off with 100 million tokens. They've now reduced that to 80 million. Um, you know, the supply has been cut from 100 to 80. I'm still not sure if that's a hard cap, but if they're able to do those kinds of changes, how is the governance happening around that? Are they able to increase that back to 100 or even more down the future? So again, the idea at least is that they're moving towards or wanting to steer the protocol towards that net deflationary model like I referenced and that will help price squeeze to the upside. We've seen other protocols in the space, you know, most notably Binance Smart Chain and their buyback and burn mechanism. We've seen it even more recently with Hyperlid, their buyback and burn helping to squeeze price higher. So this could actually act as a nice catalyst for the price of VVV to keep increasing. And then obviously the other side of things is the challenges that they face. They're still going to have to create real demand for the product. It's going to have to be, you know, as good as the offerings from centralized AI labs if they want to entice people over. You know, there might still be some centralized dependencies. The token model is a little bit complex with what they've built with DM and the VVV collaboration, but check out the report in the description, guys, if you want to learn more about this. I think it's very interesting what Venice are doing. price action has been difficult to ignore over the past few months, like I said. And if you want a deeper dive on anything specific to Venice, then drop a comment below this video. That is it for today's breakdown of Venice, guys. If you enjoyed this content, please make sure to smash that thumbs up button right under my finger before you jump out the door. Grab the report in the description as well. You've also got your free copy of The Rise of Bitcoin down there waiting for you. As always, we'll catch you in the next one.