Venice Is Now a Crypto-AI Unicorn — But Its Token Tanked 50%

Venice Is Now a Crypto-AI Unicorn — But Its Token Tanked 50%

July 6, 2026 · 30 min

About this episode

David discusses the recent 50% drop in VVV's value despite positive news for Venice, exploring various factors including token vs. equity distinctions and user engagement.

VVV is down 50% on news that should be good for Venice. David unpacks why — covering the token vs. equity distinction, Dragonfly's reasoning, and what the onchain data says about how many people are actually using Venice's paid features right now. FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW › The Breakdown Newsletter — https://blockworks.com/newsletter/the-breakdown DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

People in this episode

Host: David

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Mentioned in this episode

Organizations: Dragonfly

Products: VVV

Places: Venice

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