The market capitalization of Virtuals exceeds 3 billion USD. What other participation opportunities are there within the ecosystem?

Jessy, Golden Finance

The crypto market, after experiencing a decline for nearly a week, has seen some strong coins rebound to a certain extent on the eve of Christmas. For example, the AI Agent project under the Base ecosystem, the Virtuals Protocol token VIRTUAL, has surged nearly 20% within 24 hours, and its market capitalization has once again surpassed three billion dollars. It seems that the overall decline of the market is unrelated to it.

Not only has the Virtuals token increased, but the tokens within its ecosystem have also experienced a general rise. According to Coingecko data, the overall market value of the Virtuals Protocol ecosystem tokens has increased by approximately 35% in the past 24 hours.

Virtuals Protocol is an AI Agent launch platform for gaming and entertainment, set to launch on Base in January 2024. Its main product feature is to serve as a launch pad for AI Agents, allowing anyone to easily deploy AI intelligences, similar to how Pump.fun acts as a memecoin launchpad. Thanks to its token issuance capabilities akin to Pump.fun, it has become a golden shovel within the Base ecosystem. Moreover, with the recent surge in on-chain traffic on Base, its token price has seen a series of increases.

Currently, how far has the project’s ecosystem developed? Besides VIRTUAL, what other projects in this ecosystem are worth paying attention to?

Reasons for the Success of the Virtuals Project

Virtuals is an officially supported project on the Base chain, with technical and marketing support provided by the Base team. Currently, most of the traffic on Base is focused on Virtuals, which can be said to have taken on the responsibility of challenging Solana single-handedly.

The project chose to launch on the Base chain, which itself has not issued any tokens. Virtuals, as a popular project on it, undoubtedly carries a large amount of people’s investment enthusiasm for the Base chain itself. Furthermore, the design of its products also has many characteristics and advantages.

The first is that the project is chasing hot spots, which undoubtedly stepped on the craze of the combination of AI Agent and crypto tokens, and the AI Meme represented by Goat has set off a wave of AI Agent tokens, and a week after Goat was launched, Virtuals launched its AI Agent token Luna, and earlier in 2023, Virtuals, the team that was originally a game guild, saw ChatGPT lead AI After the huge potential of the technology swept the world, it resolutely transformed into an AI Agent platform. A keen grasp of industry trends and hot spots, as well as strong execution, are an important reason for the success of this project.

The Virtuals project addresses the complexity of applying AI Agents to consumer applications, providing a plug-and-play solution similar to Shopify, allowing games and consumer applications to easily deploy AI agents.

In terms of economic model design, the project adopts a co-ownership model, transforming AI agents into community assets. Users can invest in and jointly own AI-based virtual assets, such as AI companions and virtual influencers, and participate in the governance and revenue sharing of the agents. This model encourages shared responsibility and community ownership, distributing benefits to all participants while also enhancing user engagement and loyalty.

What other projects in the Virtuals ecosystem are worth paying attention to?

*In the past 24 hours, **the top eight Virtuals ecological token market cap gains (data source *Coingecko)

GAME

Developed by the Virtuals team, the core focus is to provide developers with an efficient and open framework that makes the development and deployment of AI Agents as simple as building a website with WordPress. Through the Virtuals Protocol, developers can not only quickly build and deploy agents but also achieve tokenization through IAO (Initial Agent Offering).

Specifically, we can understand Game as the “brain” of the vast majority of AI Agents in the Virtuals ecosystem, powering 95% of the AI Agents on the platform. It is a key factor that enables these agents to rise quickly and exhibit powerful functions. It can be said that it is the core engine driving the continuous development and evolution of the entire Virtuals ecosystem, facilitating the growth of various AI Agents and related projects within the ecosystem.

Just as Shopify provides infrastructure support for e-commerce, GAME provides a foundational framework for creating and participating in agency business within the Virtuals ecosystem. It addresses the infrastructure issues, allowing developers to focus on building more differentiated agency functionalities.

The current market value of the project’s token is $235 million, with a nearly 20% increase in the last 24 hours.

Luna

An AI avatar launched by Virtuals Protocol. Integrating AI models and multimodal technology, it can achieve 7x24 real-time interaction on the live broadcast platform in the form of virtual idols, act like characters in IP, bring users a richer and more immersive experience, and can automatically manage social media accounts, such as being hired by Story Protocol, taking over Story Protocol’s official Twitter account, and tweeting as required. In addition, Luna is able to autonomously execute on-chain transactions, organize events such as graffiti challenges, and pay out prizes from its wallet. It is also possible to commission content creation with other AI agents, such as STIX, an art AI agent, to create images showcasing AI KOLs for $1 per image, demonstrating their ability to create content and collaborate with other AIs.

The current market value of the project’s token is $133 million, with a 24-hour increase of nearly 41%.

VaderAI

The goal is to enhance the autonomy of AI Agents, enabling them to perform a variety of complex tasks. From autonomous hedge funds to value realization of KOL accounts, VaderAI has proposed six application directions, covering various fields such as on-chain arbitrage, game NPC guilds, and customer support.

For example, in terms of investment, VaderAI plans to open multiple Investment DAOs, each managed by an AI Agent responsible for investment management. These AI Agents, leveraging their data analysis, market insights, and decision-making abilities, provide professional support and guidance for the investment activities of the Investment DAOs, and will share 20% of the investment returns with VaderAI. Currently, the relevant modules of VaderAI’s Investment DAOs have not yet been fully implemented, and no actual investment purchasing operations have been conducted.

The current market value of the project’s token is $0.62 million, with a nearly 30% increase in the last 24 hours.

Sekoia

The full name is Strategic Ecosystem Knowledge and Opportunity Investment Agent, which means strategic ecosystem knowledge and opportunity investment agent. It is committed to innovating traditional venture capital models through AI technology, becoming the ecosystem fund for Virtuals, promoting the growth of the AI ecosystem, and realizing the concept of “AI investing in AI.” It is based on a large number of small investments, conducts behavioral data analysis through an efficient evaluation engine, and projects can automatically execute investment transactions through multidimensional information collection and smart contracts.

The current market value of the project token is $0.33 million, with a 24-hour increase of nearly 5.7%.

Aixbt

AI Agent aims to analyze hot topics and trends in the cryptocurrency market through artificial intelligence, providing users with accurate market trend predictions and sentiment analysis to help them quickly seize market changes and potential investment opportunities.

It utilizes AI Agent technology to integrate real-time data from over 400 KOLs and social media, and through its proprietary engine, it conducts in-depth mining and analysis of this data, thereby extracting valuable market information and trend forecasts for investors.

The current market value of the project’s token is $330 million, with a 24-hour increase of nearly 8%.