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

Jessy, Golden Finance

After experiencing a decline for nearly a week, the crypto market has seen a rebound in some strong coins on the eve of Christmas. For instance, the AI Agent project Virtuals Protocol's token VIRTUAL from the Base ecosystem has surged nearly 20% within 24 hours, with its market cap once again surpassing 3 billion USD. 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 Virtuals Protocol ecosystem tokens has increased by approximately 35% in the past 24 hours.

Virtuals Protocol is an AI Agent issuance platform for gaming and entertainment launched on Base in January 2024. Its main product feature serves 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 functionality akin to Pump.fun, it has also become a shovel-like presence within the Base ecosystem. Moreover, with the surge in on-chain traffic in recent months, its token price has experienced multiple rises.

What stage has the project's 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, most of the traffic on Base is concentrated on Virtuals, which can be said to take on the responsibility of challenging Solana by itself.

The project has chosen to launch on the Base chain, which itself has not issued any tokens. As a popular project on it, Virtuals undoubtedly inherits a large amount of people's investment enthusiasm for the Base chain itself. Secondly, its product design also has many unique characteristics and advantages.

First of all, this project undoubtedly hit the trend of combining AI Agents with cryptocurrency tokens. Represented by Goat, AI Memes have sparked a wave of AI Agent tokens. A week after Goat went live, Virtuals launched 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 tremendous potential demonstrated by AI technologies led by ChatGPT. Their keen grasp of industry trends and hot topics, along with strong execution capabilities, are key reasons for the 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 Agent bodies into community assets. 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, sharing benefits among 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 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 majority of AI Agents in the Virtuals ecosystem, providing power to 95% of the AI Agents on the platform. It is a key factor that enables these agents to rise quickly and demonstrate strong functionality. 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 the infrastructure issue, allowing developers to focus on building more differentiated agency functions.

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 various complex tasks. From autonomous hedge funds to the monetization of KOL accounts, VaderAI has proposed six application directions, covering multiple 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 will share 20% of the investment returns with VaderAI. Currently, the related modules of VaderAI's Investment DAO have not been fully implemented, and actual investment purchases have not yet taken place.

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 of 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 and conducts behavioral data analysis through an efficient evaluation engine. 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 spots and trends of the cryptocurrency market through artificial intelligence, providing users with accurate market trend predictions and sentiment analysis, helping users 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 conducts in-depth mining and analysis of this data through its proprietary engine, 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%.