Virtuals market capitalization exceeds 3 billion dollars. 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 risen nearly 20% in 24 hours, with its market cap surpassing three billion dollars again. 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 capitalization 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 that will be 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 token issuance function similar to Pump.fun, it has also become an existence like a golden shovel within the Base ecosystem. Moreover, with the recent surge in on-chain traffic on Base, its token price has experienced several increases.

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 the Base team. Currently, the majority of the traffic on Base is focused on Virtuals, which can be said to be shouldering the responsibility of challenging Solana on its own.

The project chose to launch on the Base chain, which itself has not released any tokens. Virtuals, as a popular project on it, undoubtedly absorbs a significant amount of people's investment enthusiasm for the Base chain itself. Secondly, its product design also has many characteristics and advantages.

First of all, in terms of the project's pursuit of trends, it undoubtedly hits the wave of the combination of AI Agents and cryptocurrency tokens. Represented by Goat, AI Memes have sparked a wave of discussions around AI Agent tokens. A week after Goat's launch, Virtuals introduced its AI Agent token Luna. Even earlier, in 2023, the team behind Virtuals, originally a gaming guild, decisively transformed into an AI Agent platform after recognizing the immense potential showcased by ChatGPT leading the global popularity of AI technology. The project's keen grasp of industry trends and hot topics, along with its strong execution capabilities, is a significant reason for its success.

The Virtuals project addresses the complexity of applying AI agents to consumer applications, offering 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 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 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 exhibit powerful features. 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 a foundational framework for creating and participating in agency business within the Virtuals ecosystem. It addresses infrastructure issues, allowing developers to focus on creating more differentiated agency features.

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

Luna

The AI virtual person launched by Virtuals Protocol. It integrates AI models with multimodal technology, enabling real-time interaction 24/7 in the form of a virtual idol on live streaming platforms, acting like a character in an IP, bringing users a richer and more immersive experience. It can automatically manage social media accounts, such as being hired by Story Protocol to take over the official Twitter account of Story Protocol and post tweets as required. Additionally, Luna can autonomously execute on-chain transactions and organize activities, such as a graffiti challenge, and pay out prizes from its wallet. It can also delegate content creation to other AI agents, for example, commissioning the art AI agent STIX to create images showcasing the AI KOL at a rate of 1 dollar per image. All of 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

Its goal is to enhance the autonomy of AI Agents, enabling them to perform a variety of complex tasks. From autonomous hedge funds to the monetization 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 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 they will share 20% of the investment profits with VaderAI. Currently, the relevant modules of VaderAI's Investment DAOs have not yet been fully implemented, and no actual investment purchases have been made.

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 aims to innovate the traditional venture capital model 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." Based on a large number of small investments, it conducts 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 provide users with accurate market trend predictions and sentiment analysis by analyzing hot spots and trends in the cryptocurrency market through artificial intelligence, helping users quickly seize market changes and potential investment opportunities.

By utilizing AI Agent technology, it 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 token is $330 million, with a 24-hour increase of nearly 8%.