Odaily Planet Daily News Venice, an artificial intelligence platform focusing on privacy, has completed the Airdrop process and burned approximately $100 million worth of unclaimed VVV Tokens. Since the Airdrop started in January, more than 40,000 participants have claimed over 17.4 million VVV Tokens, with 32.6 million unclaimed VVV Tokens accounting for 65% of the community allocation. (Theblock)

According to Onchain Lens, in the past 6 days, a Whale has gradually spent 11 million USDC to buy 1.52 million VVV at an average price of $7.20. Currently, the Whale has staked all of them.

The Venice AI project did not presale, and there is no governance mechanism. The total supply of VVV tokens is 100 million, with 25 million each allocated to eligible users and base users, 35% to the project party, 10% to the incentive fund, and 5% to Liquidity. The recent FDV of VVV has exceeded 1.6 billion US dollars, reaching a new high.