Virtuals Protocol is at the forefront of merging AI and gaming by enabling the co-creation and co-ownership of AI agents, which are envisioned as future revenue-generating assets. The platform operates as a decentralized AI factory, allowing users to contribute data, models, and insights to develop AI characters. These agents can interact across various games and applications, providing immersive experiences. The $Virtual token facilitates governance, incentivizes participation, and ensures a fair distribution of rewards within the ecosystem.
Explore the tokenomics of Virtuals Protocol (VIRTUAL) and review the project details below.
What is the allocation & supply schedule for Virtuals Protocol (VIRTUAL) ?
The distribution plan for the total supply of 1,000,000,000 $VIRTUAL tokens, which are to be minted without any future inflation, is allocated among different stakeholders within the DAO. Here's a breakdown of the allocation:
1. Public Distribution: 60% (600,000,000 tokens) are now in public circulation.
2. Liquidity Pool: 5% (50,000,000 tokens) are set aside for the liquidity pool.
3. Ecosystem: 35% (350,000,000 tokens) is dedicated to the ecosystem treasury. This allocation is earmarked for community incentives and initiatives that drive growth within the VIRTUAL protocol ecosystem. This will sit in a DAO-controlled multi-sig wallet and will not have more than 10% emission per year for the next 3 years, subject to deployment only after receiving governance approval.
Virtuals Protocol is at the forefront of merging AI and gaming by enabling the co-creation and co-ownership of AI agents, which are envisioned as future revenue-generating assets. The platform operates as a decentralized AI factory, allowing users to contribute data, models, and insights to develop AI characters. These agents can interact across various games and applications, providing immersive experiences. The $Virtual token facilitates governance, incentivizes participation, and ensures a fair distribution of rewards within the ecosystem.