Vectorspace AI

Purpose and Utility

Vectorspace AI (VXV) is a cryptocurrency token that powers the Vectorspace AI platform, which uses machine learning and Natural Language Processing (NLP) to analyze relationships between data sets. The platform aims to help researchers, particularly in life sciences and other scientific fields, discover hidden connections in data by generating 'feature engineering sets' and 'correlation matrices'.

Business Model

The platform's business model revolves around providing data correlation and analysis services. VXV tokens are used to access these services and generate dataset correlations. The token serves as both a utility token for accessing platform services and a means of value transfer within the ecosystem.

Real-World Adoption

Vectorspace AI has established partnerships with organizations including Amazon Web Services (AWS) and has ongoing collaborations with scientific research institutions. The platform is actively used in scientific research, particularly in bioscience applications.

Development Activity

The project maintains active development, with regular updates to their technology stack and API services. The team consistently publishes technical documentation and research papers about their technology applications.

Token Distribution and Governance

VXV has a fixed supply of 50 million tokens. The distribution includes allocations for development, team incentives, and platform operations. The project maintains transparency in their token economics and usage of funds.