Virtuals Protocol recently announced an upgrade to its Genesis startup model on the X platform, aiming to balance demand and fairness by introducing a three-tier staking system (21K, 42K, 100K $VIRTUAL), allowing users to participate in top AI projects at the right valuation.
The new model allocates 7% of the token supply to the community, while 6% is allocated to the liquidity pool and 2% is airdropped to veVIRTUAL holders, for a total allocation of 15%. The new distribution model will establish structural value from Day 1 and attract higher quality builders and projects to the Virtuals ecosystem.
Virtuals Protocol says the upgrade stems from the original intention of Genesis, launched 123 days ago, to provide users with early access to world-class AI projects at fair valuations, but its vision has also been challenged by the Web2 VC monopoly. Through open co-ordination rather than closed decision-making, Genesis aims to break down barriers of privilege and involve genuine contributors.
Virtuals Protocol Upgrade Genesis Startup Model
2025-08-19 13:10:39
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