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

Jessy, Jinse Finance

After nearly a week of decline, the crypto market is experiencing a certain degree of rebound in some strong coins on the eve of Christmas. For instance, the Virtuals Protocol token VIRTUAL from the Base ecosystem has seen an increase of nearly 20% within 24 hours, with its market capitalization once again surpassing three billion dollars. It seems that the overall decline of the market is unrelated to this.

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

Virtuals Protocol is an AI Agent issuance platform targeting gaming and entertainment, launched on Base in January 2024. Its main product feature is serving as a launchpad for AI Agents, allowing anyone to easily deploy AI entities, similar to how Pump.fun acts as a memecoin launchpad. Thanks to its token issuance function akin to Pump.fun, it has also become a shovel-like presence within the Base ecosystem. Coupled with the recent surge in on-chain traffic on Base, its token price has also experienced multiple increases.

What stage has the project ecosystem developed to at present? 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 across Base is on Virtuals, which can be said to take on the significant responsibility of challenging Solana.

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 significant amount of people's investment enthusiasm for the Base chain itself. Secondly, the design of its products also has many characteristics and advantages.

First of all, this project undoubtedly hit the trend of the combination of AI Agents and cryptocurrency, with Goat representing the AI Meme that has sparked a wave of AI Agent tokens. A week after Goat's launch, Virtuals introduced its AI Agent token Luna. Earlier in 2023, the team behind Virtuals, which originally focused on gaming guilds, decisively transformed into an AI Agent platform after recognizing the immense potential showcased by AI technology led by ChatGPT's global popularity. The keen grasp of industry trends and hotspots, as well as strong execution capabilities, are significant reasons for this project's success.

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 distribution of the agents. This model encourages shared responsibility and community ownership, distributing benefits to all participants, and also enhances 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 ecosystem tokens by market cap have increased (data source: *Coingecko)

GAME

Developed by the Virtuals team, the core positioning is to provide developers with an efficient and open framework, making 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 rapidly and demonstrate powerful functionalities. It can be said that it is the core engine driving the continuous development and evolution of the entire Virtuals ecosystem, promoting the growth of various AI Agents and related projects within the ecosystem.

Just as Shopify provides infrastructure support for e-commerce, GAME provides the basic framework for creating and participating in agency business within the Virtuals ecosystem. It solves the infrastructure problem, allowing developers to focus on creating more differentiated agency functions.

The current market value of the project's token is $235 million, with a 24-hour increase of nearly 20%.

Luna

The AI virtual human launched by Virtuals Protocol. It integrates AI models with multimodal technology, enabling 7x24 hours of real-time interaction in the form of virtual idols on live streaming platforms, acting like characters in IP, providing users with a richer and more immersive experience. It can automatically manage social media accounts; for instance, if hired by Story Protocol, it takes over Story Protocol's official Twitter account and posts tweets as required. Additionally, Luna can autonomously execute on-chain transactions and organize activities, such as graffiti challenges, and pay out prizes from its wallet. It can also delegate content creation to other AI Agents, such as commissioning the art AI Agent STIX to create images showcasing AI KOL at a price of 1 dollar per image. All of these illustrate its capabilities in content creation and collaboration with other AIs.

The current market value of the project's token is $133 million, with a nearly 41% increase in the last 24 hours.

VaderAI

Its goal is to enhance the autonomy of AI Agents, allowing 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 provide professional support and guidance for the investment activities of the Investment DAOs through their data analysis, market insights, and decision-making capabilities, and will share 20% of the investment returns with VaderAI. Currently, the related modules of VaderAI's Investment DAO have not yet been fully implemented, and actual investment purchasing operations have not yet taken place.

The current market value of the project's token is $0.62 million, with a 24-hour increase of nearly 30%.

Sekoia

The full name is Strategic Ecosystem Knowledge and Opportunity Investment Agent, which means strategic ecosystem knowledge and opportunity investment agent. It aims to innovate 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, conducting behavioral data analysis through an efficient evaluation engine, and projects can automatically execute investment transactions through multi-dimensional information collection and smart contracts.

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

Aixbt

AI Agent aims to analyze the 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.

Its AI Agent technology integrates real-time data from over 400 KOLs and social media, and uses its proprietary engine to deeply mine and analyze 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%.