Venice recently added API & Credit purchases to the list of VVV burn mechanisms, which 3x'd the rate of VVV burn overnight. Two thing are happening here: - More of the @AskVenice business is directly connected to VVV burn. - VVV holders can now infer Venice API/Credit revenue by proxy of the VVV burn from this line of business I talk to @JonShapeShift about this: "The latest credit burns in the credit side of the business has been growing tremendously over the last couple of months. And that includes both people using the app, and buying credits to do things like use pay per use models, create videos, use professional image models...." "So all this this basically takes that whole side of the business that wasn't on chain yet and puts it on chain and ties it to the burn. So what you're seeing there with the credits is that we're averaging, somewhere in the range of $120,000+ credit purchases a day on Venice on top of subscriptions" "I expect to see this credit burn grow just because, that part of the business did not even exist, seven or eight months ago. So that's gone from nothing to almost, you know, in the range of like 50% of our business on an average day. So now that all flows directly back to the VVV token economy." "This just adds everything we've been saying, you know, since we launched VVV, since we've been talking about this over the last couple of years, we really do want to buy and burn as much VVV as we possibly can. We want Venice to grow into a large enough business to be able to afford and buy and burn very large amounts of VVV." "So we're just going to keep marching on that plan."(David Hoffman)