Virtuals

Virtuals Protocol: Building the Future of AI Agent Economies

Virtuals Protocol is an AI Agent launchpad designed for the next wave of decentralized digital interactions. In just three months, its native token $VIRTUAL skyrocketed from $0.03 to $3.30 — a staggering 109x surge — making it one of the breakout stars of the AI Agent narrative in Web3.

But beyond the hype, what makes Virtuals Protocol stand out?

At its core, the platform empowers users to create AI agents and launch tokens with just a few clicks. Think of it as the “Pump.fun” of AI, where you don’t need coding skills or complex tools — only creativity and 100 $VIRTUAL to start. Every interaction is rewarded, pushing the boundaries of how value is generated and shared in an AI-powered world.

The protocol has already seen over 11,000 agents launched, with total revenue exceeding $39.5 million. Its ecosystem is alive and growing, fueled by a community eager to build, experiment, and play with next-gen AI primitives.

The story behind Virtuals is one of bold reinvention. The team, originally behind Indonesia’s metaverse gaming guild PathDAO, pivoted from GameFi during the bear market. After a string of unsuccessful attempts in gaming-related verticals, they made a decisive shift into AI in January 2024. By February, the first version of the platform was live. Success came quickly, thanks in part to viral projects like the AI VTuber Luna, which caught the market’s attention.

Co-founder and CEO Jansen Teng, a former BCG consultant and serial tech founder with a background in biochemistry and AI, leads the charge. He is joined by fellow BCG alum Wee Kee. Their pivot to AI was not just strategic — it was timely.

Unlike traditional AI platforms, Virtuals Protocol doesn’t just build agents; it builds economies. Its innovative IAO (Initial Agent Offering) format lets users tokenize agents and communities instantly. No gatekeepers, no VC bottlenecks — just pure on-chain experimentation. The tokenomics are simple but effective: $VIRTUAL fuels creation, incentives, and growth.

Now live on both Ethereum and Base, the $VIRTUAL token hit a market cap of over $3.2 billion at its peak, currently hovering around $2.6 billion. And this may just be the beginning.

Virtuals Protocol isn’t trying to compete with OpenAI or Google. Instead, it’s building a new kind of social infrastructure — where agents are creators, economies are open, and users are co-owners of the tools they use.

In a bull market driven by narratives, Virtuals Protocol isn’t just riding the AI wave — it’s shaping it.