Ticker: VIRTUAL
Network: Ethereum (ERC-20)
Category: AI
Address: 0x44ff8620b8cA30902395A7bD3F2407e1A091BF73 (View on Etherscan)
About VIRTUAL
VIRTUAL is the native utility token of the Virtuals Protocol ecosystem, a decentralized AI Agent Launchpad that enables the creation, co-ownership, and governance of autonomous AI agents. These agents function as revenue-generating assets, providing unique services such as hosting virtual concerts, automating content creation, or engaging with users on social media platforms.
Built as an ERC-20 token on Ethereum, VIRTUAL facilitates interactions within the Virtuals Protocol ecosystem, enabling users to participate in governance, fund AI operations, and benefit from the platform’s revenue-sharing model.
Key Points of Virtuals Protocol (VIRTUAL)
- Co-Ownership and Revenue Sharing
VIRTUAL enables users to co-own AI agents and earn revenue generated from their activities, such as livestreams or virtual events. This model fosters a community-driven economy where users benefit from the success of the agents they support.
- Community-Driven Governance
Through the Agent SubDAO Governance framework, users can stake VIRTUAL tokens to influence decisions regarding the development, quality, and functionality of AI agents, ensuring alignment with community interests.
- ERC-20 Compatibility
Listed as an ERC-20 token on Ethereum, VIRTUAL offers compatibility with widely-used wallets and DeFi platforms, ensuring seamless access to the protocol’s ecosystem and services.
FAQ
- What is VIRTUAL used for?
VIRTUAL is used to power AI agents within the Virtuals Protocol ecosystem. It facilitates co-ownership, governance participation, and funding for AI agent operations, while also linking the success of agents to the token’s value.
- Is VIRTUAL supported on the Base network?
Not for now. Bitso currently supports VIRTUAL only as an ERC-20 token on the Ethereum network. While the majority of VIRTUAL activity takes place on Base, Bitso has decided to list it exclusively on the Ethereum network for now to ensure compatibility with a greater number of wallets and DeFi platforms. We may consider expanding support to Base depending on user demand and ecosystem growth.
- How does Virtuals Protocol work?
Virtuals Protocol allows users to invest in and co-own AI agents with VIRTUAL. For example, an agent might host livestreams or sell digital merchandise on social platforms. The revenue generated by the agent is distributed among token holders, and mechanisms like token buybacks and burns further enhance the value of the tokens they hold.
- How can I buy VIRTUAL on Bitso?
Purchasing VIRTUAL on Bitso is simple:- Log in to your Bitso account and select “Buy/Sell.”
- Choose the fiat currency (e.g., MXN) or crypto (e.g., USDC, USDT) you wish to use to buy VIRTUAL.
- Enter the amount you want to spend and select VIRTUAL as the token to purchase.
- Review the details and click “Confirm” to complete your purchase.
Disclaimer
This Help Center article is for informational purposes only and does not constitute investment advice. Cryptocurrencies like VIRTUAL are subject to market volatility and risks. While Bitso lists VIRTUAL as an ERC-20 token, interactions with Base or other networks require external bridging. Please conduct your own research (DYOR) and assess your risk tolerance before trading. Invest responsibly and stay informed.