Venice outlines token strategy, plans to burn VVV tokens as part of $65M raise
Covered by 2 sources · 2 articles
2 outlets - including Cryptoslate and Cryptobriefing - are covering this story. Venice, the AI platform behind the VVV token, raised $65 million in a Series A led by Dragonfly at a $1 billion equity valuation, its first outside capital raise. The company chose stock over its own token, and the market is already arguing…
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Venice’s $65M raise makes VVV holders ask how much of Venice’s growth reaches the token
Venice, the AI platform behind the VVV token, raised $65 million in a Series A led by Dragonfly at a $1 billion equity valuation, its first outside capital raise. The company chose stock over its own token, and the market is already arguing…
Venice outlines token strategy, plans to burn VVV tokens as part of $65M raise
Venice's token burn strategy could enhance VVV token value, but sustainability hinges on revenue, posing risks for concentrated token holders. The post Venice outlines token strategy, plans to burn VVV tokens as part of $65M raise appeared…