Vectorspace AI

Vectorspace AI (VXV) is a blockchain-based machine learning cryptocurrency that focuses on data-driven innovation, particularly in the field of space bioscience. The project was founded by Kasian Franks, a Silicon Valley veteran with 25 years of experience in digital data streaming, machine learning, and artificial intelligence. Franks, along with co-founders Mike Muldoon and Caleb Pate, developed the project's core technology at the Lawrence Berkeley National Laboratory, where they worked on patent-protected natural language processing (NLP) and natural language understanding (NLU) systems.

The project's native token, VXV, is used as a global public trading vehicle, bridging the gap between NLP/ML/AI, crypto, data, and hedge funds. Users can take long-term positions in VXV to control the value of the token, and the platform allows for the purchase of blocks of VXV to access proprietary datasets.

Vectorspace AI has seen significant price movements over time. In 2021, the token's price skyrocketed 2,267% to a record high of $19.47 before experiencing a significant pullback alongside the broader crypto market. The token's price has continued to fluctuate, with recent prices ranging from $0.45 to $0.47 per VXV.

The project has partnered with several prominent institutions, including PubMed.gov, the United States Department of Energy, the National Library of Medicine, the European Molecular Biology Laboratory, and CERN. These partnerships have helped Vectorspace AI develop high-value correlation matrix datasets that accelerate data-driven innovation and discoveries for researchers.

In terms of security, Vectorspace AI uses the ERC20 blockchain to ensure immutability, provenance, lineage, and governance for its datasets. The project's token is traded daily, indicating a level of security and reliability within the crypto community.

Overall, Vectorspace AI has established itself as a unique project in the cryptocurrency space, leveraging its expertise in AI and data analysis to provide valuable tools for researchers and innovators.

Vectorspace AI (VXV) is a cryptocurrency that operates on the Ethereum blockchain. It is designed to facilitate the distribution and management of datasets, which are essential for machine learning and artificial intelligence operations. Here's how it works:

The VXV token serves multiple purposes:

1. Subscription Payments: Customers can use VXV to pay for subscriptions to access Vectorspace AI's services, including datasets and data analytics tools. Alternatively, they can pay with USD, ETH, or BTC.

2. API Key: The VXV token wallet address functions as an API key, allowing seamless access to datasets and ensuring the highest level of data integrity and transparency.

3. Data Provenance Pipeline: The token is used to track the origin, source, and computations performed on datasets, ensuring data integrity and facilitating troubleshooting.

1. Data-Centric Platform: Vectorspace AI is built around datasets, which are the core of AI and ML operations. It provides a platform for data indexing, classification, and distribution.

2. Blockchain Integration: By leveraging blockchain technology, Vectorspace AI ensures data lineage, provenance, governance, validation, and security. This ensures that data is tamper-proof and transparent.

3. Machine-to-Machine Transactions: VXV enables machine-to-machine transactions within a specialized exchange for datasets, allowing for efficient data trading.

4. Retail Subscriptions: Users can access thematic baskets and smart baskets for stocks and cryptos through retail subscriptions.

Vectorspace AI plans to accumulate VXV tokens through buybacks, with 50% of revenue allocated for this purpose. This strategy helps control the token's float and reduces market uncertainty.

Vectorspace AI stands out in the crypto market due to its focus on AI and ML, as well as its innovative approach to data management and distribution. The token's value is directly tied to the value of the datasets it manages, making it a unique investment opportunity.

Vectorspace AI has partnerships with prominent data providers such as S&P Global Market Intelligence, Bloomberg, Neudata, CloudQuant, and Microsoft Azure, further enhancing its value proposition.

Overall, Vectorspace AI (VXV) offers a robust platform for data management and AI/ML operations, making it an attractive option for investors interested in the future of data and artificial intelligence.

The token Vectorspace AI (VXV) has several strengths that contribute to its value and potential:

1. Utility Token: VXV tokens serve as utility tokens, granting access to Vector Space AI's datasets and services. This utility creates intrinsic value for the token, as users need VXV to utilize the platform's core services effectively.

2. Revenue Distribution: A significant aspect of VXV's tokenomics is the use of 50% of the platform’s revenue to purchase VXV tokens on the open market. This practice not only boosts the token's liquidity but also creates continuous demand, positively impacting its market value.

3. Staking and Governance: Users can engage with VXV through staking or participating in governance decisions, which further integrates them into the Vectorspace AI ecosystem. This involvement ensures that token holders have a say in key decisions and developments within the platform.

4. Market-Driven Value: The value of VXV is market-driven and largely dependent on its utility within the platform. As Vectorspace AI continues to evolve and expand its capabilities, the demand for VXV tokens is likely to fluctuate based on how users perceive its utility and potential for future growth.

5. Unique Technology: Vectorspace AI leverages blockchain for on-chain data lineage, provenance, governance, validation, and security. This innovative use of AI and blockchain technology provides a competitive edge in the market.

6. Experienced Team: The team behind Vector Space AI has deep expertise in AI, machine learning, and natural language understanding. This expertise is critical in developing and refining the platform's unique technology and services.

7. Strategic Partnerships: Vector Space AI has partnerships with large institutions and leading research organizations, providing a solid foundation for growth and adoption.

8. Potential to Generate Alpha: The platform's ability to generate alpha and solve data quality issues attracts the attention of hedge funds and financial institutions, which can drive demand for VXV tokens.

These strengths collectively contribute to the potential value and growth of the VXV token.

Vectorspace AI (VXV) is considered a high-risk investment due to its market volatility and potential for manipulation. The risk gauge rank for VXV indicates that it is currently a high-risk investment, with a score that gauges how much the token can be manipulated by analyzing the money required to shift its price over the last 24 hours, along with recent changes in volume and market cap. This means that traders focused on risk assessment should exercise caution when investing in VXV.

Additionally, the token's price could drop significantly if the M0 crypto market share drops to 8%, which highlights the potential for significant losses if market conditions deteriorate. Overall, the high risk associated with VXV makes it essential for investors to carefully evaluate their investment decisions and consider the potential risks involved.

• Kasian Franks: CEO and Co-Founder, experienced in the data industry, with a background in AI and big data, and has been involved in interviews and public appearances discussing the project.