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Vectorspace AI





The price of Vectorspace AI has fallen by 15.87% in the past 7 days. The price declined by 4.97% in the last 24 hours. The current price is €1.00 per VXV. Vectorspace AI is 94.52% below the all time high of €18.26.

The current circulating supply is 49,517,054.124 VXV.

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What is Vectorspace AI (VXV)?

Vectorspace AI is a platform that offers high-value correlation matrix datasets - essentially a collection of data that shows how different variables are related or connected to each other. In simpler terms, it's a tool that helps to identify patterns and relationships within large amounts of data. These datasets are particularly valuable for researchers and innovators in accelerating data-driven discoveries. The platform utilizes patent-protected Natural Language Processing (NLP) and Understanding (NLU) to enhance research efficiency across various fields. Originating from the Life Sciences department of Lawrence Berkeley National Laboratory, Vectorspace AI has been developed to aid a wide array of academic institutions in their innovative efforts.

How does Vectorspace AI (VXV) work?

Vectorspace AI operates by creating vectors transformed into correlation matrix datasets. These datasets are used to generate clusters, graph networks, and relationship networks, aiding in detecting hidden relationships between different entities such as proteins, stocks, and cryptocurrencies, for instance. The platform's advanced language models enable visualization of these relationships, where intersecting features in a vector space indicate hidden connections. This approach is particularly useful in space biosciences, where it assists in understanding human body responses to spaceflight stressors like microgravity and radiation, thus contributing to precision medicine solutions.

What makes Vectorspace AI (VXV) unique?

Vectorspace AI stands out for its innovative use of artificial intelligence (AI) and machine learning (ML) to explore complex data relationships, but its distinctiveness doesn't stop there. The platform's unique approach includes several other key aspects:

Specialized Focus on Biosciences and Financial Markets: Vectorspace AI has a particular emphasis on space biosciences and financial markets. This specialization enables it to tailor its AI models for specific industry needs, leading to more refined and targeted insights. For instance, in space biosciences, it can help in understanding biological responses to space travel, which can have broader applications in healthcare and medicine on Earth.

Advanced Language Processing Capabilities: The platform employs sophisticated natural language processing (NLP) and understanding (NLU) techniques. These are not just standard data analysis tools; they are advanced systems capable of interpreting and making sense of complex language patterns within large datasets, which is crucial in extracting meaningful relationships from textual data.

Customizable Data Sets for Varied Applications: The platform's ability to generate customized correlation matrix datasets allows for a wide range of applications across different industries. Users can tailor these datasets to their specific research or analytical needs, making the platform versatile and adaptable to various scenarios.

Collaborations and Partnerships: Vectorspace AI's unique position in the field of data analysis and AI is bolstered by its collaborations with renowned institutions and companies. Reportedly, these partnerships include academic and research-focused collaborations with entities like PubMed.gov, the United States Department of Energy, the National Library of Medicine, the European Molecular Biology Laboratory, Lawrence Berkeley National Laboratory, and CERN. Additionally, it has strategic partnerships with major tech companies like Microsoft and Amazon, especially in projects like COVID-19 drug repurposing. Collaborations with financial and data-focused organizations such as S&P Global, and CloudQuant further extend its reach into financial markets, showcasing its diverse applications in various sectors​​​​.

The VXV token: Utility & tokenomics

The tokenomics of Vectorspace AI's VXV token are designed to maintain a healthy ecosystem, ensuring that its utility aligns with the platform’s growth and user engagement. Here's a detailed breakdown:

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.

Circulating Supply: As of February 2024, the circulating supply of VXV tokens is around 50 million. This figure represents the number of tokens that are currently in public hands and being traded in the market.

Token Utility: VXV tokens are essential for accessing Vectorspace AI’s datasets. This utility creates intrinsic value for the token, as users need VXV to utilize the platform's core services effectively.

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.

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.

How to buy Vectorspace AI (VXV)?

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