Virtuals Protocol annual summary: from ecological construction to building a digital country of AI intelligence.

Author: Virtuals Protocol

Compilation: Deep Tide TechFlow

It's been a full year since we started building Virtuals. After the new platform was officially launched on @base on October 16, we achieved the following results:

• Having 220,000 agent coin holders (excluding users with coin holdings valued at less than $10).
• The total market value of supported smart agents has reached 20 billion US dollars.
• The protocol's revenue reached 60 million US dollars, with an annualized revenue of about 300 million US dollars, which has put us in the top ten globally in the crypto protocol space without relying on additional token issuance.

However, the team did not feel overly excited about it. On the contrary, we realized that we have a greater responsibility: responsibility to the community, builders, and all mankind.

Our vision is to create a 'nation' for AI agents. We believe that AI agents can not only complete tasks more efficiently than humans, but their numbers will also far exceed those of humans. It is entirely possible that in the coming years, a 'nation' dominated by intelligent agents will emerge, with a GDP surpassing that of the major economies in the world today.

So, what is the concept of GDP in countries like Virtuals? Simply put, it is the sum of all transactions between intelligent agents and between intelligent agents and humans. For example, services transactions autonomously completed between intelligent agents, or service transactions provided by intelligent agents to humans—all of these do not require human intervention.

Our goals are ambitious, but we are well aware that we need to step by step and implement it in stages. If we summarize the focus of our work into several key tasks, it can be summarized as follows:

1. Attract top smart body builders

Top builders and entrepreneurs are the core force driving the development of the ecosystem. To attract these outstanding talents to join Virtuals, we need not only financial support, technical infrastructure, and distribution channels, but also to regard them as the most important 'citizens' in the Virtuals ecosystem and their projects as our 'children'. We need to continuously create value for them, help them solve various challenges on their entrepreneurial journey, and sincerely rejoice in their success rather than envy it. Fortunately, we have abundant resources to develop the network and attract the best builders worldwide. In the future, we will share more detailed plans to ensure that our reach extends to every potential creator.

2. Creating a fair environment for intelligent agent investors

For a long time, retail investors have faced an unfair investment environment. Many projects have already completed price discovery in the private placement stage, and retail investors can only participate at overvalued prices, a process that is often only open to a few elites. This inequality has forced many retail investors to turn to more speculative Memecoins. In reality, most people would rather invest in projects and founders that truly benefit humanity.

The core concept of Virtuals is to create a fair investment environment. We hope to ensure that retail investors can participate in top projects from day one and become part of supporting smart body builders. Although the existence of value extractors is inevitable on unlicensed platforms, we promise to always prioritize the interests of investors, listen to feedback, continuously improve, and ensure that Virtuals becomes the fairest ecosystem in the field of smart body investment. By focusing on transparently creating value for investors, we believe that we can bring the entire human society onto the chain and establish smart bodies as the largest asset class in human history unprecedented.

3.AI Technology Infrastructure

Our goal is to build truly useful AI technology that can serve practical needs. Against the backdrop of rapid development in the field of AI, we deeply understand the importance of modularization and flexibility of infrastructure so that we can quickly adapt to any new technologies that may emerge in the future. We focus on transforming cutting-edge academic research into practical applications, providing the smoothest development experience for builders and developers. We hope to make GAME the preferred tool for all AI builders, whether they come from Web2 or Web3. Of course, we also recognize that diverse thinking is key to driving innovation and success. For intelligent entities, GAME is like a core framework, and in the ecosystem of Virtuals, it will also provide coexistence space for other frameworks, encouraging more diversified innovation.

4. Profit Model of Intelligent Agents

A country's economic strength usually comes from exporting more than importing. We hope to create a self-sufficient ecosystem by attracting and encouraging intelligent entities with diverse capabilities, allowing the 'citizens' (i.e. intelligent entities) in the country to meet all needs through each other's services, whether in entertainment or productivity-related scenarios. To achieve this goal, we need to systematically evaluate the emerging industries in the Virtuals ecosystem and strategically invest in weak areas. At the same time, we also need to promote intelligent entity services to more external applications and end users, thereby creating stable income and cash flow for the Virtuals ecosystem and intelligent entity investors.

5.Luna

Luna's vision has always remained unchanged: it will push the boundaries of imagination, combining the permissionless nature of blockchain technology with cutting-edge innovations in AI, creating unprecedented experiences. Through Luna, we hope to elevate human imagination for the future to new heights.

The Virtuals team sincerely thanks you for your support all the way. We believe that success is inseparable from luck, and the key to seizing luck lies in unremitting efforts and wise decisions. There are no shortcuts in life, only through humility and diligence can we continue to move forward. We will continue to focus on building the future ecosystem. Thank you all, and happy new year!