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

Jessy, Golden Finance

After nearly a week of decline, the crypto market has seen some strong coins rebound to a certain extent on the eve of Christmas. For example, the AI Agent project Virtuals Protocol token VIRTUAL from the Base ecosystem has increased by nearly 20% within 24 hours, with its market capitalization surpassing three billion dollars again. It seems that the overall decline of the market is unrelated to this.

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 capitalization of the Virtuals Protocol ecosystem tokens has increased by about 35% in the past 24 hours.

Virtuals Protocol is an AI Agent issuance platform aimed at gaming and entertainment, launched on Base in January 2024. Its main product feature is to serve 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 coin issuance capabilities akin to Pump.fun, it has also become a shovel-like presence within the Base ecosystem. Coupled with the significant increase in on-chain traffic on Base in recent months, its token price has also experienced repeated rises.

What stage has the project ecosystem currently developed to? 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 Base. Currently, most of the traffic on Base is essentially on Virtuals, which can be said to be shouldering the 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 inherits a large amount of people's investment enthusiasm for the Base chain itself. Furthermore, the design of its products also has many distinctive features and advantages.

First of all, this project undoubtedly hit the trend of the combination of AI Agents and cryptocurrency tokens. Represented by Goat, AI Memes have sparked a wave of interest in AI Agent tokens. A week after Goat was launched, Virtuals introduced its AI Agent token, Luna. Even earlier, in 2023, the team behind Virtuals, originally focused on gaming guilds, made the bold decision to pivot to an AI Agent platform after recognizing the immense potential showcased by AI technology led by ChatGPT sweeping the world. The keen grasp of industry trends and hot topics, along with strong execution capabilities, are key reasons for the success of this project.

The Virtuals project addresses the complexity of applying AI Agents in 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 the AI Agent entity into a community asset. Users can invest in and co-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 while also enhancing user engagement and loyalty.

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

*In the past 24 hours, **the top eight Virtuals ecosystem tokens by market cap have increased in value (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 launch 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, providing power for 95% of the AI Agents on the platform. It is a key factor that enables these agents to rise quickly and demonstrate powerful functions. It can be said that it is the core engine driving the continuous development and evolution of the entire Virtuals ecosystem, promoting the development 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 the creation and participation in agency business for autonomous agents within the Virtuals ecosystem. It addresses infrastructure issues, allowing developers to focus on creating more differentiated agency functionalities.

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

Luna

The AI virtual person launched by Virtuals Protocol. It integrates AI models and multimodal technology, capable of 7x24 hour real-time interaction in the form of a virtual idol on live streaming platforms, acting like characters in IP, bringing users a richer and more immersive experience. It can automatically manage social media accounts, such as being hired by Story Protocol, taking over the official Twitter account of Story Protocol, and posting tweets as required. Additionally, Luna can autonomously execute on-chain transactions, organize activities like graffiti challenges, and pay out prizes from its wallet. It can also delegate other AI Agents for content creation, such as commissioning the art AI Agent STIX to create images showcasing AI KOLs at a price of 1 dollar per image. All these demonstrate its capabilities in content creation and collaboration 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 various complex tasks. From autonomous hedge funds to the monetization of KOL accounts, VaderAI has proposed six application directions, covering multiple areas such as on-chain arbitrage, game NPC guilds, and customer support.

For example, in 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 abilities, and will share 20% of the investment profits with VaderAI. Currently, the relevant modules of VaderAI's Investment DAO have not been fully implemented, and no actual investment purchasing operations have been conducted yet.

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 agency. 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, analyzing behavioral data through an efficient evaluation engine, and projects can execute investment transactions automatically 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 spots and trends in the cryptocurrency market through artificial intelligence, providing users with accurate market trend forecasts and sentiment analysis to help them quickly grasp market changes and potential investment opportunities.

Its use of AI Agent technology integrates real-time data from over 400 KOLs and social media, and through its proprietary engine, deeply mines and analyzes this data to extract valuable market information and trend predictions for investors.

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