In the digital economy, AI agents are transforming from traditional tool roles to important economic drivers. They can not only autonomously analyze data and optimize decisions, but also drive customer engagement and revenue growth by performing complex tasks. These agents are widely used in fields such as gaming, social media, and Financial Services, creating rich personalized and interactive experiences. Their rise marks the shift of artificial intelligence from passive services to active participation, injecting new vitality into the digital economy.
Blockchain technology has played a key role in this process. Through decentralized architecture, blockchain provides a secure, autonomous, and transparent operating environment for AI systems. It allows agents to manage digital assets on the chain, achieve autonomous operations and immutable records, and ensure the trust foundation of multi-party collaboration through smart contracts. This combination not only enhances the functionality of AI agents, but also provides new business models and incentive mechanisms for developers and users.
Virtuals Protocol is an important platform for promoting the development and decentralized application of AI agents. By introducing a co-ownership model, Virtuals Protocol transforms AI agents into community assets, allowing users to participate in the development, operation, and revenue distribution of agents. According to the official announcement, The First will launch VIRTUAL/USDT trading in the spot area at 16:00 (UTC + -8) on December 19, 2024. Through The First platform, Virtuals Protocol is expected to attract more attention and accelerate the integration and development of artificial intelligence and blockchain technology.
What is Virtuals Protocol ?
Virtuals Protocol is a high-depth artificial intelligence and metaverse protocol launched in 2024, with the goal of completely changing the way virtual interactions are conducted by creating hyper-personalized and sedimentary experiences.
The core of Virtuals Protocol is to integrate advanced artificial intelligence agents into digital environments such as games, metaworlds, and online interactions, using a distributed architecture to improve creativity, diversity, and trust, ensuring that virtual participation is full of innovation and fairness.
Virtuals Protocol will further enhance the sense of integration and sedimentation through generative artificial intelligence and MultiModal Machine Learning output (text, sound, and visual effects), making every virtual experience a unique journey. This approach not only enhances the User Experience, but also creates new economic opportunities for developers, creators, and users in the ecosystem.
Virtuals Protocol's co-ownership model is a highlight, allowing users to invest in and co-own virtual assets based on artificial intelligence, such as AI significant other and virtual Internet celebrity. These assets are very valuable on platforms such as Roblox and TikTok. In this way, Virtuals Protocol encourages shared responsibility and community ownership, sharing benefits to all participants.
How does the Virtuals Protocol work?
Virtuals Protocol runs on a decentralized ecosystem that encourages the creation and use of artificial intelligence agents (VIRTUAL). These agents integrate various core modules, including cognitive core, speech and sound core, and visual core, and can perform complex MultiModal Machine Learning interactions.
Virtuals Protocol is an advanced framework designed to manage and coordinate artificial intelligence agent functions used in various consumer applications. It is equipped with a powerful infrastructure that supports communication between external applications and artificial intelligence agents through the "Proxy Prompt Interface". This interface acts as a bridge, enabling artificial intelligence agents to communicate and perform tasks smoothly. Developers can integrate Virtuals Protocol functions into their applications through a series of APs! and SDKs, enabling dynamic artificial intelligence-driven functions. This bidirectional interface not only facilitates real-time data flow, but also enables artificial intelligence agents to perform complex tasks, respond to user interactions, and perform calculations efficiently.
Through these features, VIRTUAL can act like a character in an IP, perform specific tasks, and even act as a digital version of an individual, enhancing the entertainment and practicality of the virtual space. The ecosystem includes two main levels:
III. Virtuals Protocol Technology Core
IV. Virtuals Protocol founding team and financing information
Virtuals Protocol co-founders are from BCG and Imperial College London, and have been working in the field of encryption for a long time. The AI team consists of PhDs from prestigious universities such as MIT, Harvard, and Cambridge. More importantly, this team has persisted in the bear market. Since transitioning from a guild in December 2021, they unexpectedly accumulated AI talent and infrastructure by experimenting with the venture capital studio model in 2022. Finally, in December 2023, they fully turned to consumer AI combined with encryption and underwent brand reshaping.
V. Virtuals Protocol Token Economics
$VIRTUAL token is the core currency of the Virtuals protocol and is used for all proxy token transactions. It operates on the Base chain based on Ethereum Layer2. If users want to purchase VIRTUAL Agents tokens within the ecosystem, they need to exchange VIRTUAL first and then use VIRTUAL for purchase. The First will launch $VIRTUAL today, allowing users to trade directly through the platform to avoid complex transaction processes.
The total supply limit of $VIRTUAL is 1 billion tokens, and all tokens have been fully unlocked. Distribution includes 60% in public circulation, 5% allocated to the liquidity pool, and 35% stored in the ecosystem vault. This vault is managed by DAO, with a maximum emission limit of 10% per year for the next three years.
As a utility token and governance token of the Virtuals Protocol ecosystem, it has multiple functions, including encouraging contributions, supporting development decisions, and managing protocol funds. By staking VIRTUAL tokens, token holders can influence artificial intelligence proxy projects that can receive development support, ensuring that quotas are in line with community interests.
The allocation structure of VIRTUAL is: 60% for public circulation, 5% for liquidity pools, and 35% reserved for the ecosystem's finances. The ecosystem's funds are managed by Virtuals Protocol DAO, supporting community-driven projects and subject to governance approval for expenditure, ensuring sustainable development and reasonable quotas. The use of VIRTUAL tokens establishes a self-sustaining economic system that empowers AI agents and allows holders to participate in protocol development and governance.
Whenever a new AI agent is generated, the corresponding token (agent token) will be published and paired with VIRTUAL token to create an agent ownership market. Agent token holders, as co-owners, can participate in the governance and income distribution of the agent. This mechanism effectively solves the income distribution problem for AI developers and data contributors, while reducing the complexity of implementing AI agents for application developers.
Blockchain technology has played a key role in this process. Through decentralized architecture, blockchain provides a secure, autonomous, and transparent operating environment for AI systems. It allows agents to manage digital assets on the chain, achieve autonomous operations and immutable records, and ensure the trust foundation of multi-party collaboration through smart contracts. This combination not only enhances the functionality of AI agents, but also provides new business models and incentive mechanisms for developers and users.
Virtuals Protocol is an important platform for promoting the development and decentralized application of AI agents. By introducing a co-ownership model, Virtuals Protocol transforms AI agents into community assets, allowing users to participate in the development, operation, and revenue distribution of agents. According to the official announcement, The First will launch VIRTUAL/USDT trading in the spot area at 16:00 (UTC + -8) on December 19, 2024. Through The First platform, Virtuals Protocol is expected to attract more attention and accelerate the integration and development of artificial intelligence and blockchain technology.
What is Virtuals Protocol ?
Virtuals Protocol is a high-depth artificial intelligence and metaverse protocol launched in 2024, with the goal of completely changing the way virtual interactions are conducted by creating hyper-personalized and sedimentary experiences.
The core of Virtuals Protocol is to integrate advanced artificial intelligence agents into digital environments such as games, metaworlds, and online interactions, using a distributed architecture to improve creativity, diversity, and trust, ensuring that virtual participation is full of innovation and fairness.
Virtuals Protocol will further enhance the sense of integration and sedimentation through generative artificial intelligence and MultiModal Machine Learning output (text, sound, and visual effects), making every virtual experience a unique journey. This approach not only enhances the User Experience, but also creates new economic opportunities for developers, creators, and users in the ecosystem.
Virtuals Protocol's co-ownership model is a highlight, allowing users to invest in and co-own virtual assets based on artificial intelligence, such as AI significant other and virtual Internet celebrity. These assets are very valuable on platforms such as Roblox and TikTok. In this way, Virtuals Protocol encourages shared responsibility and community ownership, sharing benefits to all participants.
How does the Virtuals Protocol work?
Virtuals Protocol runs on a decentralized ecosystem that encourages the creation and use of artificial intelligence agents (VIRTUAL). These agents integrate various core modules, including cognitive core, speech and sound core, and visual core, and can perform complex MultiModal Machine Learning interactions.
Virtuals Protocol is an advanced framework designed to manage and coordinate artificial intelligence agent functions used in various consumer applications. It is equipped with a powerful infrastructure that supports communication between external applications and artificial intelligence agents through the "Proxy Prompt Interface". This interface acts as a bridge, enabling artificial intelligence agents to communicate and perform tasks smoothly. Developers can integrate Virtuals Protocol functions into their applications through a series of APs! and SDKs, enabling dynamic artificial intelligence-driven functions. This bidirectional interface not only facilitates real-time data flow, but also enables artificial intelligence agents to perform complex tasks, respond to user interactions, and perform calculations efficiently.
Through these features, VIRTUAL can act like a character in an IP, perform specific tasks, and even act as a digital version of an individual, enhancing the entertainment and practicality of the virtual space. The ecosystem includes two main levels:
- Protocol layer : Provides basic artificial intelligence models and algorithms for developers to access and develop on. Contributors provide data and development models, while validators ensure the quality and authenticity of these inputs.
- DApp layer : Focuses on the practical application of artificial intelligence models, enabling decentralized applications to seamlessly integrate VIRTUAL. The developer-friendly Software Development Kit (SDK) simplifies the process of integrating advanced artificial intelligence capabilities into various DApp environments.
III. Virtuals Protocol Technology Core
- Generative artificial intelligence : Generating text, sound and vision for a deeper and more meaningful experience.
- MultiModal Machine Learning Output : Enhance the immersion and liveliness of virtual interactions through cross-media capabilities.
- Distributed ecosystem : Ensures high quality and trustworthiness of data and resources through decentralized architecture and parallelism.
IV. Virtuals Protocol founding team and financing information
Virtuals Protocol co-founders are from BCG and Imperial College London, and have been working in the field of encryption for a long time. The AI team consists of PhDs from prestigious universities such as MIT, Harvard, and Cambridge. More importantly, this team has persisted in the bear market. Since transitioning from a guild in December 2021, they unexpectedly accumulated AI talent and infrastructure by experimenting with the venture capital studio model in 2022. Finally, in December 2023, they fully turned to consumer AI combined with encryption and underwent brand reshaping.
V. Virtuals Protocol Token Economics
$VIRTUAL token is the core currency of the Virtuals protocol and is used for all proxy token transactions. It operates on the Base chain based on Ethereum Layer2. If users want to purchase VIRTUAL Agents tokens within the ecosystem, they need to exchange VIRTUAL first and then use VIRTUAL for purchase. The First will launch $VIRTUAL today, allowing users to trade directly through the platform to avoid complex transaction processes.
The total supply limit of $VIRTUAL is 1 billion tokens, and all tokens have been fully unlocked. Distribution includes 60% in public circulation, 5% allocated to the liquidity pool, and 35% stored in the ecosystem vault. This vault is managed by DAO, with a maximum emission limit of 10% per year for the next three years.
As a utility token and governance token of the Virtuals Protocol ecosystem, it has multiple functions, including encouraging contributions, supporting development decisions, and managing protocol funds. By staking VIRTUAL tokens, token holders can influence artificial intelligence proxy projects that can receive development support, ensuring that quotas are in line with community interests.
The allocation structure of VIRTUAL is: 60% for public circulation, 5% for liquidity pools, and 35% reserved for the ecosystem's finances. The ecosystem's funds are managed by Virtuals Protocol DAO, supporting community-driven projects and subject to governance approval for expenditure, ensuring sustainable development and reasonable quotas. The use of VIRTUAL tokens establishes a self-sustaining economic system that empowers AI agents and allows holders to participate in protocol development and governance.
Whenever a new AI agent is generated, the corresponding token (agent token) will be published and paired with VIRTUAL token to create an agent ownership market. Agent token holders, as co-owners, can participate in the governance and income distribution of the agent. This mechanism effectively solves the income distribution problem for AI developers and data contributors, while reducing the complexity of implementing AI agents for application developers.
