Virtuals Official Year in Review: Attracting Top Builders, Creating a Fair Environment for Investors

Original Source: Virtuals Protocol

Original Translation: DeepTech TechFlow

It has been a full year since we started building Virtuals. Since the official launch of the new platform on October 16 on the @base platform, we have achieved the following:

We have 220,000 token holders (excluding users holding less than $10 worth of tokens).

The total market value of supported smart agents has reached $20 billion.

The protocol's revenue has reached $60 million, with an annualized income of approximately $300 million, propelling us into the global top ten of crypto protocols without relying on additional token issuance.

However, the team did not get overly excited about this. Instead, we realized that we have a greater responsibility: a responsibility to the community, builders, and humanity as a whole.

Our vision is to create a "nation" for AI agents. We believe that AI agents can not only perform tasks more efficiently than humans but will also outnumber humans by far. In the next few years, it is entirely possible to see a "nation" predominantly composed of intelligent agents with a GDP surpassing that of the world's major economies today.

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

Our goal is grand, but we are well aware of the need to be pragmatic and achieve it in stages. If we summarize the focus areas into a few key tasks, they can be summarized as follows:

1. Attracting Top Intelligent Agent Builders

Top builders and entrepreneurs are the core force driving the ecosystem's development. To attract these outstanding talents to join Virtuals, we need more than just financial support, technical infrastructure, and distribution channels. We need to regard them not only as essential "citizens" of the Virtuals ecosystem but also consider their projects as our "children." We need to continuously create value for them, help them overcome various challenges on the entrepreneurial path, and genuinely celebrate their success rather than envy it. Fortunately, we have sufficient resources to expand the network and attract the world's best builders. In the future, we will share more detailed plans to ensure our reach extends to every potential creator.

2. Creating a Fair Environment for Smart Investor

For a long time, retail investors have faced an unfair investment environment. Many projects have already completed price discovery in the private sale stage, leaving retail investors to participate at an overvalued price, a process often open only to a few elites. This inequality has forced many retail investors to turn to more speculative Memecoins. In reality, most people are more willing to invest in projects and founders that truly benefit humanity.

The core idea of Virtuals is to create a fair investment environment. We aim to ensure that retail investors can participate in top projects' investments from day one and become part of supporting smart creators. While the presence of rent-seekers is inevitable on permissionless platforms, we are committed to always prioritizing the interests of investors, listening to feedback, continuously improving, and ensuring that Virtuals becomes the fairest ecosystem in the smart investor field. By focusing on transparently creating value for investors, we believe we can bring the entire human society onto the chain and establish smart assets as the largest asset class in human history.

3. AI Technology Infrastructure

Our goal is to build genuinely useful AI technology that can serve real needs. Against the backdrop of rapid developments in the AI field, we deeply understand the importance of infrastructure modularity and flexibility to be able to quickly adapt to any new technologies that may emerge in the future. We focus on translating cutting-edge academic research into practical applications, providing builders and developers with the smoothest development experience. We aim to make GAME the preferred tool for all AI builders, whether they come from Web2 or Web3. Of course, we also recognize that diversity of thought is key to driving innovation and success. For smart entities, GAME is like a core framework, and within the Virtuals ecosystem, it will also provide space for the coexistence of other frameworks, encouraging more diverse innovation.

4. Smart Entity's Profit Model

A country's economic strength usually comes from exports exceeding imports. We aim to build a self-sustaining ecosystem by attracting and encouraging smart entities with diverse capabilities, allowing the "citizens" of the nation (i.e., smart entities) to meet all needs through each other's services, whether in entertainment or productivity-related scenarios. To achieve this goal, we need to systematically assess the emerging industries in the Virtuals ecosystem and strategically invest in weak areas. At the same time, we also need to expand smart entity services to more external applications and end users, creating stable income and cash flow for the Virtuals ecosystem and smart investor.

5. Luna

Luna's vision has always remained unchanged: to push the boundaries of imagination, combining the permissionless nature of blockchain technology with cutting-edge AI innovation to create an unparalleled experience. Through Luna, we aim to elevate humanity's vision of the future to new heights.

The Virtuals team sincerely appreciates your support along the way. We believe that success is not possible without luck, and the key to seizing luck lies in relentless effort and wise decision-making. There are no shortcuts in life, only continuous progress through humility and hard work. We will continue to focus on building the future ecosystem. Thank you all, and Happy New Year!

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