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"Venice Token Airdrop: 4.16M Tokens Claimed in 9 Hours"

Coin WorldMonday, Jan 27, 2025 9:37 pm ET

1min read

The AI project Venice Token (VVV), based on DeepSeek, has announced a token airdrop to active users of the Base ecosystem. The airdrop event, which lasted for 9 hours, saw approximately 4.16 million tokens claimed, representing about 8.3% of the total airdrop amount and 4.17% of the token's total supply.

The airdrop was distributed among various wallet tiers, with the majority of wallets receiving between 1-50 VVV tokens. A total of 2990 wallets received 1-50 VVV tokens, while 1057 wallets received 50-100 VVV tokens. Additionally, 1665 wallets received 100-500 VVV tokens, 353 wallets received 500-1000 VVV tokens, and 503 wallets received 1000-5000 VVV tokens. A smaller number of wallets received larger amounts, with 58 wallets receiving 5000-10000 VVV tokens and 78 wallets receiving 10,000+ VVV tokens.

The Venice Token (VVV) is an AI project based on DeepSeek on the Base network, launched on January 27th. It supports access to leading models such as Llama 3.3, QWEN 2.5 Coder, and the new DeepSeek. AI agents and users staking VVV tokens can access the Venice API for free. The TGE (Token Generation Event) supply is 100 million tokens, with no pre-sale or external investors, and was launched with an FDV (Fully Diluted Valuation) of $20 million. 50 million tokens (50%) were airdropped to Venice users and the AI community; 35 million tokens (35%) were allocated to Venice.ai company; 10 million tokens (10%) were allocated for incentive funds; 5 million tokens (5%) were allocated for liquidity deployment. The snapshot was taken on December 31, 2024.

The airdrop event is a significant milestone for the Venice Token project, as it aims to distribute tokens to active users of the Base ecosystem. The distribution

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