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Venice is a generative AI platform that privately connects users to 200+ AI models such as ChatGPT, Claude, etc. It lets users create text, image, video, and audio via AI agents without exposing their data by communicating through a decentralized, encrypted proxy server. Its VVV token is the platform’s capital asset used mainly for staking VVV to earn free API inference capacity and yield.
On 1 July 2026, Venice AI closed a $65M Series A at a $1B valuation led by Dragonfly, with participation from Coinbase Ventures, F-Prime, North Island Ventures and other crypto-native investors. The capital will scale the consumer app, API, GPU infrastructure, and data centers.