Virtuals returns to $1 billion, gain insight into Genesis Launch’s new model of “new stocks and old stocks”

Ancestor: TechFlow

Last year, we paid attention to VIRTUALS Protocol earlier. At that time, the AI ​​Agent craze had not yet begun, and the VIRTUAL tokens had only a market value of about 800 k.

Everyone knows the story later. Virtuals started a round of AI Agent craze on Base. In addition to the Virtuals token itself, it also produced phenomenal tokens such as AIXBT.

But after a cycle, the hype of AI Agent gradually faded, and the market seemed to fall into silence; with the emergence and iteration of large models such as DeepSeek, everyone felt that the AI ​​Agent narrative in Web3 was gradually falsified and was of little use.

When you relax your vigilance and feel discouraged by the market, there are always new ways to play around making assets, which can always cause violent fluctuations in token prices.

Virtuals' tokens have risen by 150% in the past week, and has risen by 42% in the past day. Virtuals-related discussions have returned to the timeline of encrypted information.

The catalyst for Virtuals to rise is the new Genesis Launches event on its own platform.

If you haven't heard of this activity so far, you can briefly understand it as:

Let you get the "priority ticket purchase rights" gameplay by holding $VIRTUAL tokens and earning points.

To put it simply, it is the change in the "new issue" model.

Generations of Gods, generations of versions create assets. New tokens, new stories, and new mechanisms can always ignite market enthusiasm.

It is easy to open up a new trend by carrying out various activities and mechanism designs around asset creation.

The last round of AI Agent wave on Base was somewhat led by Virtuals; does this round of Genesis Launch contain new opportunities?

We have also experienced the product to quickly understand the gameplay and mechanics of this Genesis Launch.

Contribute the pre-contribution, and create new products in Buddhist

According to official description, Genesis Launch is a fair launch platform built by Virtuals Protocol specifically for AI proxy tokens.

Simply put, it is a mechanism for new AI agent projects to issue tokens in a community-driven manner. Users can obtain priority allocation rights for these new tokens by holding $VIRTUAL tokens and earning points.

In other words, unlike Pump.fun, everyone can participate in the dog-beating speed, and it is conditional to participate in the launch of new tokens on Virtuals; this condition is essentially determined by using the pre-contribution to determine, to a certain extent, curbing the bargaining at the opening.

Specifically, in the previous new issuance on some platforms, snipers rely on high-speed scripts to rush to buy low-priced chips, and scientists can also occupy most of the share through batch wallets and gas fees. Sometimes retail investors have not even loaded the trading interface, and the token price has doubled.

If you want to participate in "news" you have to know how to set up Gas fees, monitor contract deployment, and even get up in the middle of the night to stare at the dynamics on the chain. Ordinary players do not have the skills and energy. In the end, they can only watch technical experts eat new meat, and it is difficult to drink soup by themselves.

And this Genesis Launch looks relatively Buddhist and gentle. You don’t have to crazily remove the speed of rolling when opening the new market, but change the logic:

Want to participate in the new AI token? Let’s first contribute to the Virtuals ecosystem and save enough points before talking about it.

How do you get points? For example, holding $VIRTUAL tokens, pledging other tokens, or helping Virtuals promote through content contributions, etc. The following will also introduce this logic in detail.

But first of all, the effect of Genesis Launch is to simplify the "new product" to the extreme.

You only need to hold $VIRTUAL tokens, save enough points, and then pledge these two things in the 24-hour SCOD pre-sale window, and the system will automatically calculate the share of the SCOD you can get.

Detailed explanation of points gameplay

Let’s take a look at the gameplay of Genesis Launch’s new points.

First of all, how do you get points?

The official provides 3 ways to get points:

• There are currently two categories of investment in other agents in the Virtuals ecosystem: Sentient (emotional AI Agent) and Prototype (prototype AI Agent). This is actually using Virtuals to buy some AI Agent tokens that already existed in the ecosystem. After buying, the points are equivalent to cashback. You can use this cashback to participate in Genesis Launch on the platform.

• Buy and hold Virtuals tokens directly. This does not need to be introduced too much, it means that you will get points by storing coins, which is similar to a loyalty reward.
• Stake $VADER tokens. VADER is also the token of Vader AI, an AI Agent project in the Virtuals ecosystem. You can get points to participate in the issuance of new products by holding this token and pledging it. In essence, it is a support for the Vader AI project. The author believes that here is a leading role model for ecological support, because the pledge rules are not actually static, and other projects may also become the target of "pled and given points".

It should be noted that this point system is dynamically updated every day.

Virtuals will distribute a certain total number of points to players who meet the above three types of behaviors every day according to different allocation ratios to motivate their contribution to the ecosystem.

From the perspective of allocation ratio, when purchasing other AI agents in the ecosystem, the points distribution weight accounts for 75%; directly holding coins accounts for about 20%, and the remaining 5% is given to the stake of VADER tokens.

This may also explain to some extent why the tokens in the Virtuals ecosystem, as well as the VIRTUALS token itself, have experienced a sharp rise in the past one or two weeks.

After understanding this point rule, let’s take a look at how to issue new AI tokens.

Genesis Launch uses a 24-hour pre-sale window, with transparent distribution rules and preventing monopoly, as follows:

• Distribution: 37.5% of the total supply of new tokens is used for pre-sales, 12.5% ​​is injected into the liquidity pool (such as the Sentient Agent pool), and the remaining 50% is for project development, finance and marketing. 37.5% of the pre-sale is a "big cake" that retail investors can grab.

• Dynamic Allocation: In the 24-hour pre-sale window, the points you mortgage determine your share. The more points you earn, the more tokens you will get, but each person can only get at most 0.5% of the total supply, preventing large investors from eating the pool dry. The system will calculate the proportion of each person in real time based on the total points pool of all participants. For example, 1,000 points may be allocated to a 1% pre-sale share in the 100,000 total point pool.
• Refund mechanism: The mortgaged $VIRTUAL and points are not used up? Don't panic, the system will return it to you.

During Genesis Launch's "news" process, points and $VIRTUAL tokens need to be staked at the same time to compete for the allocation rights of the new AI tokens.

A simple process is as follows:

1. Hold $VIRTUAL: Buy $VIRTUAL tokens and get ready for "tickets".
2. Accumulate points: Get a certain number of points through the above three points acquisition modes.
3. Staking Participation: After the new token pre-sale begins, stake your points and $VIRTUAL within the 24-hour window of the official Virtuals website. The system estimates the amount of $VIRTUAL that needs to be staked.
4. Wait for distribution: After the pre-sale is over, the system calculates your share based on the total points pool, and the new tokens will be directly received. Unused $VIRTUAL and points return.
5. Receive or trade: After you get the new token, you can hold it or trade it on DEX.

Points are the "priority certificate" for you to participate in "news" and determine how many new tokens you can get. The more points, the higher the allocation ratio (but the maximum per person is 0.5% of the total supply of new tokens).

It should be noted that points will be consumed when participating in pre-sales. If you don't use the points assigned to you by Virtuals, they will expire at a certain time, so you are also encouraging you to invest points to participate in new issuance.

The Virtuals token itself is the cost you invest when you place new stocks. The system will also give suggestions on the number of Virtuals tokens you need to invest based on the points you invest. The logic here is:

1. If you have more points, the upper limit of tokens you can get when you make new money is high;
2. With few points, it doesn’t make much sense to invest more Virtuals in new issuances.
3. To prevent monopoly, a wallet can invest up to 566 Virtuals to issue new products, and it also has a 1% transaction tax.

What if you don’t have enough points and don’t want to buy old assets?

Virtuals has also launched its own Yaps mechanism, which can earn points through content contribution and promotion, giving players who want to place new products at low cost.

Start new assets and revitalize old assets

Experience tells us that we cannot take one step at a time to design the mechanism of crypto assets, and it is best to eat more fish.

Genesis Launch's gameplay is very obvious, which is to revitalize old assets while creating new assets.

In the Virtuals ecosystem, old AI tokens (such as Luna and AIXBT) already have their own market stories.

As the AI ​​Agent boom cools down, the trading volume and community popularity of these old coins must have experienced a significant decline compared to before.

This wave of points is required to be issued new, and points must be obtained by purchasing old assets. This design increases the demand for old assets through new rules for building assets, and thus pushes up the prices of old assets.

At the same time, the prices of new assets on Virtuals are also secretly rising even when there are not many people participating.

For example, the BasisOS token, which was born through Genesis Launch, has reached 5.5 M in 12 days since its launch, and has increased by 40 times since its initial launch.

With the fact that Virtuals technology and narrative background have not changed much, this "new and old" gameplay at the asset issuance level can indeed cause a certain degree of turmoil in the dull market recently.

If you return to the overall environment, you will find that the AI ​​Agent tokens that have been popular before have rebounded to a certain extent.

Therefore, the AI ​​Agent narrative may not be truly shattered, but is in urgent need of new asset issuance gameplay; the top projects in the last cycle are also actively saving themselves and regaining the enthusiasm of the market through more gameplay expansion.

Everyone's ideas are also similar. Ai16z in Solana's ecological ecosystem seems to be doing similar things, creating a new asset launcher Auto.fun, and then through the rule design, it will create a demand for AI16Z tokens in terms of economic incentives, thereby promoting changes in the price of the currency.

When "new stocking and old stocking" becomes the new way of playing the AI ​​Agent platforms in this round, for us, the better way is to treat old coins as beta, and actively look for new alpha in the market environment that is not too rolling at this time.