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Erik Voorhees Introduces Venice AI
Erik Voorhees, the founder of ShapeShift cryptocurrency exchange, has launched a new venture called “Venice AI.” This platform introduces a privacy-focused generative AI chatbot to address concerns in the cryptocurrency and artificial intelligence industries.
Voorhees’ Concerns About AI
Voorhees expressed worries about the control of AI technologies by large tech companies aligned with governments. He advocates for open-source decentralization to prevent a dystopian future.
Shift Towards AI
In 2021, ShapeShift transitioned to an open-source decentralized exchange under the ShapeShift DAO. Following a legal battle, Voorhees shifted focus to building a permissionless, decentralized AI model.
Introducing Venice AI
Venice AI prioritizes user privacy by not storing data or accessing conversations. User input is sent through an encrypted proxy server to a decentralized GPU for processing, ensuring security and anonymity.
Features of Venice AI
- Chat history stored locally in the user’s browser
- Venice Pro subscription offers unlimited text prompts and more features
- Integration with MetaMask wallets for a seamless experience
Venice Pro Subscription
Users can subscribe to Venice Pro for additional features such as unlimited text prompts, image generation without watermarks, and turning off Safe Mode for unrestricted image generation.
Future Plans
Venice AI plans to accept digital currencies for subscriptions soon. Users holding the Morpheus token will receive a free Pro account indefinitely.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
