eggman.eth
@EoghanH
@ErikVoorhees @reneil1337 I mean, this certainly isnβt the reason
Venice lost access to Fable, which it was charging a massive mark-up on.
Venice doesnβt train or host its own models, so itβs 100% reliant on access from third parties.
Study @imgn_ai if you want censorship resistance. Not a reseller.
Jun 13
310831
eggman.eth
@EoghanH
@AlgodTrading Talking about the $DIEM compute ponzi that's currently netting Venice $13mil/yr in liabilities?
If it helps, their mark-ups are so criminal that it's actually only worth about 30c per "dollar" they're giving out.
Jun 16
58271
eggman.eth
@EoghanH
@AlgodTrading Basically, yes
$VVV holders are now the exit liquidity for VC tokens, while the VCs will keep their equity and stonewall any attempts to "waste cash" on token buy/burn moves.
Fiduciary responsibility is for equity, not for tokens.
https://t.co/5vQvSdmkLH
Jul 1
2118221
eggman.eth
@EoghanH
@ErikVoorhees Remember though, you'll still pay the Opus 4.8 price if you use Venice.
Use GLM 5.2 at @imgn_ai - and hit the exact same endpoint, at a fraction of the cost! https://t.co/yl9FEVrHGD
Jun 23
4135431
eggman.eth
@EoghanH
@Yourpop8 @AskVenice Keep in mind that @imgn_ai's API releases this week
Offering every E2EE privacy model Venice does at up to 40% discounts, with support for x402 on solana/base.
..and then all their own proprietary models on top.
Along with all their web2 users from the past 3.5yrs.
May 14
213501
eggman.eth
@EoghanH
There's only 2 ways $VVV / Venice goes after imgnAI's API is released
1: Agents auto-update & quickly swap over, given it's up to 40% cheaper for E2EE
2: Agents don't auto-update - the ones running on imgnAI outperform massively until the rest are manually upgraded. https://t.co/QS6pPuXjEE
May 14
5184592
eggman.eth
@EoghanH
If you liked $FTT and $LUNC
You'll love $VVV and $DIEM!
At a current market price of $1,379 per DIEM and 38,334 DIEM in circulation, that's $38,337/day
Or, $14.0M/year of API credits that *someone* (hopefully not you!) has to eventually pay, and growing.
Now this MIGHT get covered by people paying the 40%-300% margins on Venice's third party models, if enough people don't realize the margins are so high.
OR, they might instead use @imgn_ai's API - with the same E2EE privacy, in-house hardwa
May 16
412267
eggman.eth
@EoghanH
@Bankless @YanLiberman @TrustlessState @AskVenice lmao, what level of bitboy shit is this
They re-sell private inference endpoints from phala, at a 200% mark-up
You can literally buy direct from phala, or from platforms like @imgn_ai which don't gouge you AND build their own models
May 20
82521
eggman.eth
@EoghanH
$diem is just a lunc-style compute ponzi, which already has about $14mil/yr in liabilities.
Equity holders would lose their shit if the company increased that risk.
I imagine diem will lose use-case over time now that private equity is involved; they donβt want crypto plebs running up bills on them.
My guess is theyβll continue to increase mark-ups and margins on models which are popular with diem holders, letting them offset the liabilities without literally having to change the underlying $
Jul 4
122
eggman.eth
@EoghanH
@jonathankingvc @cbventures @ErikVoorhees @jesseproudman @AskVenice oh, THAT's why you kept glazing and shilling Venice just for running an openrouter wrapper and tacking on a 50%+ mark-up
lmao I thought you guys actually liked it
good job on helping throw more token holders under the bus!
https://t.co/1P7o6fOtA2
Jul 1
3101
Venice-related activity by @EoghanH on X β data publicly available, refreshed daily. Profile cached today.
