Original title: Is $0.10 to $2.50 only the start? How Virtuals Is Changing the G.A.M.E. (Literally)

Original author: VirtualMorales, Crypto Kol

Original translation: zhouzhou, BlockBeats

Editor's note: This article discusses the growth potential of the Virtuals ecosystem, focusing on the revolutionary role of the GAME framework. By buying back and burning tokens and activating royalties, Virtuals is expected to significantly increase token demand and price. The article also mentions that Virtuals is building an 'agent society' centered around AI agents that continuously self-evolve. Although it faces risks such as team fatigue, competition from the Eliza Framework, and market saturation, the future of Virtuals remains promising, especially with the potential of being listed on Binance and Coinbase.

The following is the original content (for readability, the original content has been reorganized):

Since its launch in mid-October, the Virtuals ecosystem has achieved significant milestones in the cryptocurrency space. Initially described as 'the pump.fun of AI agents' to attract crypto Twitter's attention, this comparison merely scratches the surface. What Virtuals is building is a larger, stranger, and more captivating ecosystem.

Key data since October 17

35 million dollars in protocol revenue (most of which comes from the past two weeks).

  • 11,000 tokens have been issued and are still growing.

  • 140,000 Agent token holders.

  • The price of Virtuals tokens soared from $0.10 to $2.50.

While there's much to explore within the Virtuals ecosystem, today's focus is on GAME — the 'brain' behind 95% of AI agents on the platform. Built by the Virtuals team, GAME has experienced rapid growth, with its market cap soaring from $3 million to $90 million in just a month; honestly, it feels like this is just the beginning.

What is GAME?

GAME (Generative Autonomous Multimodal Entity) is a modular framework for creating AI agents that can act autonomously, remember, and make decisions. Simply put, GAME powers most agents on the platform and is their secret weapon for rapid rise.

Here is the practical application of GAME — demonstrating a clearer way than explaining. Visit Luna's terminal: Luna's Terminal. Spend just 30 seconds, and you will see Luna repeatedly calling GAME, turning thoughts into actions.

Key components of GAME:

  • Low-level specific actions: Making immediate, context-specific decisions based on prompts.

  • Working memory: Recalling recent interactions (like conversations from the past day) as short-term memory.

  • Long-term memory: Summarizes short-term memories to provide a foundation for optimization over time.

  • Advanced intelligence: Adaptive systems where agents develop complex behaviors through goals and interactions.

Why is GAME revolutionary?

GAME is not just about what AI agents can do today; it’s about creating a continuously evolving ecosystem where agents can grow, adapt, and interact in increasingly complex ways — one might say a 'society.' This self-reinforcing cycle of intelligence makes Virtuals more than just a platform; it is a living, evolving entity. One can imagine it like a nation where agents constitute the society.

Trading opportunities: Binance vs. Coinbase. Binance listing = providing liquidity

Virtuals recently launched on Binance perpetual contracts, with its price soaring from $1.40 to $2.50. Once Binance fully lists the tokens, it seems inevitable. Binance has recently listed many meme coins, so why not list AI agents?

  • After being listed on Binance, Pnut's market cap soared from $128 million to $1.2 billion.

  • ACT has also followed a similar trajectory.

If Virtuals and its leading ecosystem tokens (like Luna, GAME, Aixbt, and CONVO) get listed, current prices could achieve a 5 to 8 times increase.

Coinbase listing

Although Coinbase is notoriously slow in its listing speed, Virtuals is its flagship project on the Layer 2 platform Base. Binance and Coinbase are direct competitors, and this competitive relationship could have significant positive effects on Virtuals.

If Binance is the first to list Virtuals (and ecosystem tokens like Luna, GAME), Coinbase will face a huge dilemma. It would be a serious misstep to allow Virtuals — the 'crown jewel' of Base — to remain exclusive to Binance.

Coinbase clearly cannot afford to let its flagship Layer 2 ecosystem miss out on a rising star that has proven its dominance. This creates a competitive scenario between Binance and Coinbase, acting as a catalyst for accelerating Virtuals' growth.

It’s no longer a question of whether Coinbase will list Virtuals, but when it will list. With Binance setting the pace, that 'when' could come sooner than anyone expects. For Virtuals, being at the center of this tug-of-war only strengthens its narrative and enhances its long-term potential.

Here, I made some assumptions: if Virtuals gets listed on Binance or Coinbase, another platform is likely to follow suit, listing Virtuals and important tokens in the ecosystem like GAME.

GAME royalties: A potential game-changer

Since the launch of Virtuals, the team has hinted at activating royalties for GAME. Once online, a portion of the fees will flow into the treasury every time an agent calls GAME. Let's do a simple math calculation:

As of now, protocol revenue has reached 35 million dollars.

80% of the revenue has been returned to agents.

How much funding do you think will flow into GAME's treasury? ….. A lot.

Activating royalties will directly inject significant funds into GAME's treasury, paving the way for some truly game-changing initiatives. You can hear Virtuals founder Ethermage discuss this content in more detail, starting around the 26-minute mark. Please note that the Space is on the 5th, and the mentioned figures and statistics are already 10 days old.

A simple action, buy back and burn, how about that? By reducing the token supply while increasing demand, this seems like the obvious choice to pave the way for a price explosion.

Agent society: Paradigm shift

But what truly sets things apart is: the agent society. Unlike typical crypto plays that focus on catering to degens and short-term speculators, Virtuals is rewriting this narrative. It’s not just about our needs as consumers or traders — it’s about how agents succeed in their tasks. GAME is at the core of this evolution, powering an AI agent society that continuously adapts, innovates, and grows in ways we can hardly imagine.

This is not just a feature; it is a paradigm shift. When royalties officially launch, faces will melt, tokens will burn, and GAME will become the core of the new digital frontier economic engine.

Key risks to watch out for

Team fatigue

Moving forward so quickly since October must be incredibly exhausting. Maintaining such significant momentum could lead to fatigue, poor decision-making, or even total burnout.

Competitive pressure from the Eliza Framework

The Eliza Framework has recently become the most forked open-source project on GitHub, making it a strong competitor. Its open-source nature and developer base are advantages, but it lacks a native token to align incentive mechanisms. If Eliza solves this issue, the dominance of GAME and Virtuals may be threatened.

The proliferation of AI agent platforms

Competitors like vvWaifu, TopHat, and CreatorBid have emerged in the market. Virtuals must prioritize recruiting and retaining top developers to maintain its competitive edge and build its own moat. But they already know this.

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