Virtuals Protocol annual summary: from ecological construction to building a digital kingdom of AI agents

Author: Virtuals Protocol

Compiled by: Deep Wave TechFlow

It's been exactly one year since we started building Virtuals. After officially launching the new platform on the @base platform on October 16, we achieved the following results:

• There are 220,000 proxy currency holders (excluding users whose currency holdings are worth less than $10).
• The total market value of supported agents has reached US$2 billion.
• The protocol revenue has reached US$60 million, with annualized revenue of approximately US$300 million, allowing us to rank among the top ten cryptographic protocols in the world without relying on additional token issuance.

However, the team isn't overly excited. Instead, we realize we have a greater responsibility: to our communities, to our builders, and to all of humanity.

Our vision is to create a "nation" for AI agents. We believe that AI agents will not only be able to complete tasks more efficiently than humans, but will also outnumber humans in number. In the next few years, it is entirely possible that a "country" dominated by intelligent agents will emerge, with a GDP exceeding that of the major economies in the world today.

So, what is the concept of GDP of a country like Virtuals? Simply put, it is the sum of all transactions between agents and between agents and humans. For example, service transactions completed autonomously between agents, or service transactions provided by agents to humans—all without human intervention.

Our goals are ambitious, but we know we need to be down-to-earth and achieve them in stages. If the focus of the work is summarized into several key tasks, it can be summarized as follows:

1. Attract top intelligence builders

Top builders and entrepreneurs are the core force driving ecological development. To attract these outstanding talents to join Virtuals, we need not only financial support, technical infrastructure and distribution channels, but also need to regard them as the most important "citizens" in the Virtuals ecosystem and regard their projects as their own " child". We need to continue to create value for them, help them solve various challenges on the road to entrepreneurship, and be sincerely happy for their success, rather than jealous. Fortunately, we have ample resources to grow our network and attract the best builders from around the world. In the future, we will share more detailed plans to ensure that our tentacles can reach every potential creator.

2. Create a fair environment for intelligent investors

For a long time, retail investors have faced an unfair investment environment. Many projects have completed price discovery during the private placement stage, and retail investors can only participate at high valuations, and this process is often only open to a few elites. This inequality has forced many retail investors to turn to the more speculative Memecoin, but in reality, most people prefer to invest in projects and founders that are truly beneficial to humanity.

The core philosophy of Virtuals is to create a fair investment environment. We want to ensure that retail investors can participate in investing in top projects from day one and become part of the support for smart agent builders. Although the existence of value extractors is inevitable on a permissionless platform, we promise to always put the interests of investors first, listen to feedback, and continue to improve to ensure that Virtuals becomes the fairest ecosystem in the field of intelligent investment. By focusing on transparently creating value for investors, we believe we can bring the entire human society on-chain and establish smart agents as the largest asset class ever seen in human history.

3.AI technology infrastructure

Our goal is to build truly useful AI technology that can serve real needs. In the context of the rapid development of the AI ​​field, we are deeply aware of the importance of modularity and flexibility of infrastructure so that we can quickly adapt to any new technologies that may appear in the future. We focus on transforming the cutting-edge results of academic research into real-world applications to provide builders and developers with the smoothest development experience. We want to make GAME the tool of choice for all AI builders, whether coming from Web2 or Web3. Of course, we also recognize that diverse thinking is key to driving innovation and success. For agents, GAME is like a core framework, and in the Virtuals ecosystem, it will also provide space for other frameworks to coexist, encouraging more diversified innovations.

4. Profit model of intelligent agents

A country's economic strength usually comes from exports being greater than imports. We hope to create a self-sufficient ecosystem by attracting and encouraging the construction of intelligent agents with diverse capabilities, so that the "citizens" (i.e. agents) in the country can meet all needs, whether entertainment or productivity, through each other's services Related scenes. In order to achieve this goal, we need to systematically evaluate the different industries that are emerging in the Virtuals ecosystem and make strategic investments in weak areas. At the same time, we also need to promote the agent service to more external applications and end users to create stable income and cash flow for the Virtuals ecosystem and agent investors.

5.Luna

Luna's vision remains unchanged: it will push the boundaries of imagination, combining the permissionless nature of cryptography with the cutting-edge innovation of AI to create unprecedented experiences. We hope that through Luna, we can push humankind's imagination of the future to new heights.

The Virtuals team sincerely appreciates your support along the way. We believe that success is inseparable from luck, and the key to seizing luck lies in unremitting efforts and smart decision-making. There are no shortcuts in life, only through humility and hard work can you keep moving forward. We will continue to focus on building the future ecosystem. Thank you all and happy new year!