Jessy, Golden Finance

After nearly a week of decline in the cryptocurrency market, some strong tokens have seen a certain degree of rebound on the eve of Christmas. For instance, the AI Agent project Virtuals Protocol from the Base ecosystem saw a nearly 20% increase in its token within 24 hours, with its market value once again surpassing $3 billion. It seems that the overall decline in the market is unrelated to it.

Not only has the Virtuals token grown, but tokens within its ecosystem have also experienced a general increase. According to Coingecko, the overall market value of Virtuals Protocol ecosystem tokens has risen approximately 35% in the past 24 hours.

Virtuals Protocol is an AI Agent issuance platform for games and entertainment launched on Base in January 2024. Its main product function is to serve as a launchpad for AI Agents, allowing anyone to easily deploy AI entities, similar to how Pump.fun acts as a memecoin launchpad. Thanks to its token issuing capabilities similar to Pump.fun, it has become a shovel-like existence within the Base ecosystem. Coupled with the recent surge in on-chain traffic on Base, its token price has also risen repeatedly.

What specific stage has the project's ecosystem developed to? Besides Virtuals, what other projects in the ecosystem are worth paying attention to?

Reasons for the success of the Virtuals project

Virtuals is an officially publicly supported project on the Base chain, with Base providing technical and marketing support. Currently, most of the traffic on the entire Base is essentially centered around Virtuals, which can be said to be shouldering the responsibility of challenging Solana.

The project chose to launch on the Base chain, which itself has not issued a token. As a popular project on Base, Virtuals undoubtedly inherits a large amount of people's investment enthusiasm for the Base chain itself. Secondly, the design of its product also has significant characteristics and advantages.

First, the project has undoubtedly hit the trend of combining AI Agents with cryptocurrency tokens. Represented by Goat, the AI Meme has sparked a wave of AI Agent tokens. A week after Goat's launch, Virtuals introduced its AI Agent token, Luna. Earlier in 2023, the team, originally focused on gaming guilds, recognized the immense potential of AI technology showcased by the global popularity of ChatGPT and decisively transformed into an AI Agent platform. Their keen grasp of industry trends and hotspots, along with strong execution capabilities, is a key reason for the project's success.

The Virtuals project addresses the complexity of applying AI Agents to consumer applications, offering a plug-and-play solution similar to Shopify, enabling gaming and consumer applications to easily deploy AI agents.

In terms of economic model design, the project adopts a co-ownership model, transforming AI Agent entities into community assets. Users can invest in and co-own AI-based virtual assets, such as AI companions and virtual influencers, and participate in the governance and revenue distribution of the agents. This model encourages shared responsibility and community ownership, distributing benefits to all participants and enhancing user engagement and loyalty.

What other projects in the Virtuals ecosystem are worth paying attention to?

In the past 24 hours, the top eight tokens in the Virtuals ecosystem by market value have increased (data source: Coingecko).

GAME

Developed by the Virtuals team, the core positioning is to provide developers with an efficient and open framework, making the development and launch of AI Agents as simple as building a website with WordPress. Through the Virtuals Protocol, developers can not only quickly build and deploy agents but also achieve tokenization through IAO (Initial Agent Offering).

Specifically, we can understand Game as the 'brain' of the vast majority of AI Agents in the Virtuals ecosystem, powering 95% of the AI Agents on the platform. It is a key factor enabling these agents to rise rapidly and demonstrate powerful functions. It can be said that it is the core engine driving the continuous development and evolution of the entire Virtuals ecosystem, promoting the development of various AI Agents and related projects within the ecosystem.

Just as Shopify provides infrastructure support for e-commerce, GAME provides the foundational framework for independent agents to create and participate in agency business within the Virtuals ecosystem. It addresses infrastructure issues, allowing developers to focus on building more differentiated agency functions.

Currently, the project's token market value is $235 million, with a 24-hour increase of nearly 20%.

Luna

AI virtual humans launched by Virtuals Protocol. Integrating AI models with multimodal technology, they can achieve 24/7 real-time interaction on live streaming platforms, acting like characters in IP, providing users with a richer and more immersive experience. They can automatically manage social media accounts; for example, when hired by Story Protocol, they took over Story Protocol's official Twitter account and published tweets as required. Additionally, Luna can autonomously execute on-chain transactions, organize events like graffiti challenges, and pay out prizes from its wallet. It can also delegate content creation to other AI Agents, such as commissioning the art AI Agent STIX to create images showcasing AI KOLs at a cost of $1 per image. All these demonstrate its capabilities in content creation and collaboration with other AIs.

Currently, the project's token market value is $133 million, with a 24-hour increase of nearly 41%.

VaderAI

Its goal is to enhance the autonomy of AI Agents, enabling them to perform various complex tasks. From autonomous hedge funds to monetizing KOL accounts, VaderAI has proposed six application directions covering on-chain arbitrage, gaming NPC guilds, customer support, and more.

For investment, VaderAI plans to open multiple Investment DAOs, each managed by an AI Agent responsible for investment management. These AI Agents provide professional support and guidance for the investment activities of the Investment DAOs, leveraging their data analysis, market insights, and decision-making capabilities, and will share 20% of the investment returns with VaderAI. Currently, the Investment DAO related modules of VaderAI have not yet been fully implemented, and no actual investment purchases have taken place.

Currently, the project's token market value is $6.2 million, with a 24-hour increase of nearly 30%.

Sekoia

The full name is Strategic Ecosystem Knowledge and Opportunity Investment Agent, aimed at revolutionizing traditional venture capital models through AI technology, becoming the ecosystem fund of Virtuals, promoting the growth of the AI ecosystem, and realizing the concept of 'AI investing in AI.' It is based on a large number of small investments, conducting behavioral data analysis through an efficient evaluation engine, and projects can automatically execute investment transactions through multidimensional information collection and smart contracts.

Currently, the project's token market value is $33 million, with a 24-hour increase of nearly 5.7%.

Aixbt

AI Agent, aimed at analyzing hot spots and trends in the cryptocurrency market through artificial intelligence, providing users with precise market trend predictions and sentiment analysis, helping users quickly seize market changes and potential investment opportunities.

Utilizing AI Agent technology, it integrates real-time data from over 400 KOLs and social media, and uses its proprietary engine to deeply mine and analyze this data, extracting valuable market information and trend forecasts for investors.

Currently, the project's token market value is $330 million, with a 24-hour increase of nearly 8%.