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Base Hub ๐Ÿ›ก๏ธ
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#base# 1st media & community ๐ŸŸฆ Daily alphas & insights on Base. Collab: @BasedAlliance_ help projects gtm, launch & scale on base long term
๊ฐ€์ž… July 2023
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Venice: The Private Compute Economy @AskVenice now serves 3M users and processes 100B tokens daily. The team just raised $65M at a $1B valuation, led by @dragonfly_xyz with participation of @cbventures and other investors. The capital will support global expansion and Venice-owned datacenter capacity. Every prompt stays private through browser-side encryption, zero server storage, anonymous access, and TEE/E2EE model execution. The compute economy runs through $VVV and $DIEM: > $VVV is the capital asset for staking, yield, Pro access, and $DIEM issuance > 1 staked DIEM provides $1 in renewing inference credits every day > Venice retains 30M+ VVV from the current 80M supply > Annual VVV emissions have fallen from 6M to 3M > Platform revenue funds monthly VVV buybacks and burns Agents will consume inference continuously, turning compute access into an onchain capital market. Venice is building the capital market for private intelligence.
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