Erik Voorhees, renowned figure in the crypto space and former CEO of ShapeShift, has introduced Venice, a groundbreaking artificial intelligence platform prioritizing user privacy and sovereignty.

Venice boasts a suite of services including generative conversation and image creation while upholding a strict policy of not retaining user data. Notably, the platform is committed to fostering an environment free from censorship.

Voorhees assumes the role of CEO within the company, while Teana Baker-Taylor, former vice president at Circle, joins as the COO, bringing a wealth of experience in policy and regulatory strategy.

Remarkably, Voorhees is the sole investor in Venice, asserting that the platform has no requirement for external funding. Currently, the company boasts a team of six dedicated individuals.

While Venice is not categorized as a crypto application, it leverages blockchain technology for permissionless payments and utilizes web3 infrastructure for local browser storage and end-to-end encryption. Voorhees emphasized the platform's integration with the Morpheus decentralized AI network, extending complimentary Pro accounts to holders of the MOR token.

Baker-Taylor, renowned for her tenure at Circle and various other crypto exchanges, stresses the importance of privacy as a fundamental human right under threat. She highlights the potential risks posed by governmental and commercial entities that seek to exploit user data for their own purposes.

"At Venice, we prioritize user respect and autonomy, abstaining from intrusive data collection practices or the sale of user information to third parties," Baker-Taylor affirmed.

With its unwavering commitment to privacy and user sovereignty, Venice emerges as a beacon in the realm of artificial intelligence, championing individual rights and freedoms in the digital age.