the Venice AI project, which provides private access to DeepSeek, has not conducted pre-sales to "external investors" and has not yet established a governance mechanism. It is reported that the total supply of VVV tokens is 100 million, with 25 million allocated to eligible users, 25 million allocated to certain Base users, 35% allocated to the Venice AI project party, 10% allocated to the "incentive fund," and 5% reserved for liquidity. According to market data, the fully diluted value (FDV) of Venice AI (VVV) has exceeded $1.6 billion, reaching a new high.