VVV
Venice AI · Private AI inference
Key facts
- Circulating 48.6M, 60%
- Locked or unvested 32.6M, 40%
- No cap: supply can keep growing, see Supply discipline
Market data: CoinGecko, Oct 24, 2026. Scores reviewed Oct 23, 2026.
Assessment
Venice's engine is a discretionary cash flow: revenue buybacks burned plus an API-credit burn ran about $0.8M a month on-chain in Sep-Oct 2026, at company discretion with no tokenholder governance, and its claimed $100M ARR (Aug 17, 2026) is unaudited. Staked VVV buys API capacity, an access claim rather than money. There was no sale or VC and 50% was airdropped, yet 32.6M VVV still sits in company-run allocations with no release schedule. What holds it back is mint authority: Venice's 4-of-6 Safe owns the staking minter and can set any emission rate or upgrade it without a timelock, so the ~2M VVV/yr schedule is a policy, not a limit.
How value reaches holders
Staking is a pro-rata claim on API capacity (DIEM = $1/day compute credit; target raised from 38K to 40K in Aug-Sep 2026). Revenue buyback-and-burn plus a $5-per-$100 API-credit burn (live Jul 2026) ran ~$0.8M/month on-chain in Sep-Oct 2026 (>$10M/yr); emissions stepped down to 2M VVV/yr on Oct 1, 2026, a rate Venice's Safe can reset. Venice claims $100M ARR (Aug 17, 2026, unaudited)
Score anatomy
Demand
12 / 45: the stronger of two routes, plus adoptionWhy would anyone hold it: does value reach the token, and is the network or product used today?
Revenue buy-and-burn plus the API-credit burn are a material share, but run at Venice's corporate discretion with no tokenholder governance: policy, not plumbing.
Policy-set material share (25%+), or plumbing at 25-50%medium confidenceHow this is scored
On-chain buy-and-burn alone ran ~$0.8M/month in Sep-Oct 2026; Venice claims $100M ARR (Aug 17, 2026, unaudited)
$5-25M/yrHow this is scored
Staked VVV buys API capacity (DIEM), an access claim rather than money; ~$0.4M posted at Base lenders (Morpho, Moonwell).
Trading onlyhigh confidenceHow this is scored
Venice claims $100M ARR (Aug 2026, unaudited) but on-chain burns show ~$0.8M a month; real private-inference use, small next to centralized AI APIs
Niche: real but small use, far behind its category leaderslow confidenceHow this is scored
Two routes, the stronger counts
Soundness
7 / 40Can a long-term holder trust the rules: supply, float, distribution and control?
~2M VVV/yr minted (~2.5%, on-chain rate Oct 23, 2026), but Venice's 4-of-6 Safe owns the staking minter and can set any emission rate or upgrade it, with no coded limit.
Over 15%/yr, or a key, company, committee or multisig can mint without limit or redirect issuancehigh confidenceHow this is scored
Float 60% (48.6M of 81.2M); the remainder sits with Venice and incentive allocations with no published release schedule.
0.5-1.5% per month, or large foundation or treasury holdings without a schedulelow confidenceHow this is scored
Insiders got ~41% of the ~122M VVV ever issued; 32.6M (~28% of the 115.09M on-chain supply) sits in company-run allocations, inside the 10-30% control band.
Insiders received 25-50%, or one organization directs 10-30%medium confidenceHow this is scored
The UUPS staking contract that holds staked VVV and drives emissions is owned by a 4-of-6 Venice Safe and can be upgraded with no timelock or holder vote (read Oct 23, 2026), on Base (2)
A halt, rollback or exploited consensus bug in the last 24 months, attack cost under $10M, or a foundation-selected validator set or small multisig can halt or upgrade with no meaningful exit windowhigh confidenceHow this is scored
Durability
5 / 15Is it big, proven and reachable by institutions?
$1.3B market cap (band 4), $36.9M/day median volume (band 3), no flags.
Mid-cap: $250M-1B market cap and $10M/day+How this is scored
Launched Jan 27, 2025: 1.7 years old.
1-3 yearshigh confidenceHow this is scored
Spot on Coinbase, Kraken, OKX, Bybit and Upbit; no ETP or US filing found.
Top-tier exchanges only, or delisting pressuremedium confidenceHow this is scored
What would move it up
To reach T4 Speculative, one gate is still open:
- Supply 0needs 1(open)
Tier outlook
Could move up ↑low likelihood
- Supply rises off 0 if the staking minter's emission rate gets a coded ceiling or moves behind a holder vote
- Security rises to 2 if staking contract upgrades move behind a timelock
- Holder routing rises if the buyback-and-burn becomes contract-enforced rather than company policy
- Revenue reaches the $25-100M band if on-chain burns or audited figures confirm the claimed $100M ARR
- Float falls if Venice releases its 32.6M VVV of company-run allocations, which have no published schedule
Compare with
How the ranking works and how VVV compares: see the full ranking. This entry as JSON:
GET https://tokens.10102.io/api/v1/tokenomics?symbol=VVV