What is Virtuals Protocol (VIRTUAL)?
Virtuals Protocol is a blockchain-based project focused on transforming how artificial intelligence (AI) agents are developed, owned, and utilized. While its primary focus is on gaming and entertainment, the protocol is also designed to support applications across various industries.
The project aims to make AI more accessible by enabling the tokenization and shared ownership of AI agents. This approach allows developers, contributors, and users to engage with AI technologies in a decentralized and open environment.
Virtuals Protocol supports the creation of intelligent, interactive AI agents that operate autonomously across different digital platforms. These agents are dynamic and capable of multimodal interactions, adapting their behavior based on on-chain activity.
The protocol includes a GAME infrastructure for deploying AI agents on blockchain networks. It also introduces a system where AI agents are tokenized, allowing them to accumulate value through transaction and service fees. These agents can adapt in real time, learning from on-chain data to enhance their performance and improve user interaction. A structured framework is provided to help AI agents generate and retain value through their digital services.
Virtuals Protocol was founded by Prakash Somosundram, Colin Choo, Christopher Johnson, and Matthew, bringing together experience in financial technology, blockchain, and artificial intelligence.
$VIRTUAL is the native utility and governance token of the Virtuals Protocol. It is used to power AI agent operations and for participating in protocol governance. New AI agent tokens are paired with VIRTUAL in liquidity pools, making it a core component for engaging in the ecosystem. The token is also used to purchase agent tokens and pay for AI agent services.
At the time of writing, the circulating supply of token is 651.29M and the total supply is capped at 1 billion tokens. VIRTUAL is listed on Binance for trade and purchase. The current price of VIRTUAL is available and updated in real-time on Binance.