Project Safety Score: 66%
Updated 8 hours, 11 minutes agoVirtuals Protocol, founded by Jansen Teng and Weekee Tiew in 2024, is a launchpad platform for creating, tokenizing, and monetizing AI agents in gaming and virtual settings. Originally built on Ethereum's Base Layer 2, the protocol expanded to Ethereum mainnet, Solana, and Ronin by 2025. The native token, VIRTUAL, serves as the primary currency for transactions and liquidity interactions throughout the ecosystem. The protocol utilizes a bonding curve system where users can create AI agents for a fee, allowing them to buy and sell agent tokens until they reach a liquidity pool threshold.
The AI agents developed under this protocol are designed to perform multimodal tasks, including text, speech, and 3D animation, while autonomously managing on-chain wallets. Users can stake VIRTUAL tokens to receive veVIRTUAL for governance participation, and protocol revenue generated from user interactions contributes to periodic token buybacks and burns, impacting the overall supply of VIRTUAL. The project has seen significant funding, including $16 million led by DeFiance Capital, and has established partnerships with companies like Animoca Brands and collaborations for an Agentic Fund of Funds.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Economic design score 80 out of 100.
The economic design of Virtuals Protocol demonstrates solid fundamentals with a well-defined supply cap of 1 billion tokens. Currently, approximately 66% of the total supply is in circulation, providing a healthy circulating ratio. This indicates a balanced approach to token economics, which can enhance its long-term viability and attract investor interest.
Liquidity and market dynamics score 92 out of 100.
Virtuals Protocol exhibits strong liquidity metrics with a volume-to-market cap ratio of 17.22%, indicating active trading compared to the project's market capitalization. With a 24-hour trading volume exceeding $83 million and presence across 20 exchanges, this asset is well-positioned for trading activities, providing investors with ample opportunities to enter and exit positions.
Team credibility score 68 out of 100.
The team behind Virtuals Protocol has received a mixed score for credibility, primarily due to limited verification of team members and only one audit recorded. However, the project's whitepaper has been highly rated, and the deployer address is known, which contributes to a level of trust. Continuous engagement in audits could further bolster confidence in the project's integrity.
Social and behavioral score 49 out of 100.
The project's social presence reflects a split sentiment, with audience measurements indicating an average engagement level on social platforms. Although it has verified accounts on Telegram and Twitter, audience data is limited. Factors like some negative press contribute to the overall low score in this category, indicating potential areas for improvement in community sentiment.
Contract mechanics score 80 out of 100.
The contract mechanics of Virtuals Protocol are well-structured, with all contracts verified and open-source, ensuring transparency. Notably, there is no indication of a honeypot, which is a positive aspect for potential investors. However, the token is mintable, and the owner has abilities to manipulate balances, flagging some risk that should be considered.
Holder distribution score 26 out of 100.
The holder distribution for Virtuals Protocol raises concerns due to a high concentration among top holders. Nearly 91% of the supply is held by the top 10 wallets, and the single largest wallet holds about 50% of the total supply. This level of concentration could impact market stability and liquidity, as substantial sell-offs from major holders could adversely affect the token's price.
Investing in Virtuals Protocol entails inherent risks characteristic of the cryptocurrency market. Factors such as the high wallet concentration, potential owner privileges, and some mixed social sentiments should be carefully evaluated by investors. As with any crypto asset, due diligence and an understanding of these risks are essential before making investment decisions.
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Limited information available.
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Audit revealed additional risks, including poorly documented external functions and inefficient revert statements.
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hack 2025-01-08Discord server was hacked, leading to the posting of fraudulent links. ↗
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Cointelegraph · 2025-01-08
- ✓Innovative platform enabling creation and monetization of AI agents.
- ✓Multi-chain presence across Ethereum, Solana, and Ronin ecosystems.
- ✓Active social media presence with growing community engagement.
- ✗Project has a history of hacks or exploits
- ✗Contract owner is hidden
- ✗Token supply can be minted by the owner
- ✗Owner can change any wallet's balance
- ✗A single wallet holds over 10% of supply
- ✗Top 10 wallets hold more than 50% of supply
- ✗Security incident in January 2025 exposed vulnerabilities in the platform.
- ✗Limited team transparency makes it difficult to assess credibility.
- ✗Significant token price volatility may deter investors.
Price Chart - Virtuals Protocol
Contract Security
0x0b3e328455c4059ee…0x44ff8620b8ca30902…On-Chain Facts
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0x3154cf16ccdb4c6d9…49.75% -
0x37672dda85f3cb8da…34.07% -
0xf977814e90da44bfa…3.25% -
0xc7c914a5630940db3…0.90% -
0xb697404bd0e0661f8…0.50% -
0x149dfbb80ea7136b9…0.49% -
0x7fa57201a4f9efc20…0.48% -
0x6591961c358fb05c1…0.46% -
0xe2b13011d9d738c15…0.42% -
0x03b6e20399b84f62b…0.38%
Virtuals Protocol Exchanges
Top 20 by trust scoreView on Chain
Technical Analysis
Buy / Sell signals
