Bitget App

Trade smarter

What is Virtuals Protocol

Coin overview

Coin-related

Trade-related

Coin updates

Other products

What is Virtuals Protocol (VIRTUAL)?

Virtuals Protocol basic info

Name:Virtuals Protocol

Ticker:

VIRTUALBuy now

Introduction:

What Is Virtuals Protocol?

Virtuals Protocol is an AI and Metaverse Protocol launched in 2024. It is designed to revolutionize virtual interactions by creating hyper-personalized and immersive experiences. Virtuals Protocol focuses on integrating advanced AI agents into various digital environments such as gaming, metaverses, and online interactions. The protocol leverages decentralization to foster creativity, diversity, and trust, ensuring that virtual engagements are not only innovative but also equitable for all participants involved.

The transition to virtual spaces is inevitable, and Virtuals Protocol aims to lead this transformation by making virtual interactions more engaging and lifelike. By utilizing generative AI and multimodal outputs (text, sound, visuals), Virtuals Protocol enhances personalization and immersion, making every virtual experience a unique journey. This approach not only enriches user experiences but also creates new economic opportunities for developers, creators, and users within the ecosystem.

Resources

Official Documents: https://whitepaper.virtuals.io/

Official Website: https://www.virtuals.io/

How Does Virtuals Protocol Work?

Virtuals Protocol operates through a decentralized ecosystem that incentivizes the creation and use of AI agents, known as VIRTUALs. These agents can perform complex, multimodal interactions, thanks to their integration of various specialized cores, including the Cognitive Core, Voice and Sound Core, and Visual Core. This structure allows VIRTUALs to behave like characters from intellectual properties, perform specific tasks, or even act as digital versions of individuals, enhancing both entertainment and utility in virtual spaces.

The ecosystem is built on two main layers: the Protocol Layer and the DApp Layer. The Protocol Layer serves as a model hub, providing foundational AI models and algorithms that developers can access and build upon. Contributors provide data and develop models, while validators ensure the quality and authenticity of these inputs. The DApp Layer, on the other hand, focuses on the practical application of these AI models, allowing decentralized applications (DApps) to integrate VIRTUALs seamlessly. This integration is facilitated by a developer-friendly Software Development Kit (SDK), which simplifies the process of incorporating advanced AI features into various DApp environments.

Economic incentives play a crucial role in sustaining the Virtuals Protocol ecosystem. Contributors and validators are rewarded with VIRTUAL tokens for their efforts, ensuring a continuous influx of high-quality data and models. The protocol also employs a buyback scheme where revenue generated from DApps is used to repurchase VIRTUAL tokens, maintaining the token's value and stability. This self-sustaining cycle, known as the Virtual-ous Flywheel, ensures that the ecosystem remains vibrant and productive.

What Is VIRTUAL Token?

VIRTUAL is the utility and governance token of the Virtuals Protocol ecosystem. It serves multiple functions, including incentivizing contributions, supporting development decisions, and managing the protocol’s treasury. Token holders can stake their VIRTUAL tokens to influence which AI agents receive development support, ensuring that resource allocation aligns with community interests.

VIRTUAL tokens also facilitate a buyback scheme, where a portion of the revenue generated from DApps is used to repurchase tokens from the open market. This mechanism helps maintain the token’s value and supports the protocol’s long-term sustainability. Additionally, VIRTUAL token holders benefit from airdrops related to new token offerings within the ecosystem, further encouraging long-term engagement and participation. VIRTUAL has a total supply of 1 billion tokens.

What Determines Virtuals Protocol’s Price?

The price of Virtuals Protocol (VIRTUAL) is influenced by a combination of supply and demand dynamics, market sentiment, and the latest news in the blockchain and Web3 space. Factors such as increased adoption of Virtuals Protocol in decentralized applications (DApps), positive cryptocurrency trends, and strategic partnerships can drive demand and subsequently boost the token's value. Conversely, market volatility, changes in cryptocurrency regulation, and overall sentiment in the cryptocurrency market can impact the price. Keeping an eye on VIRTUAL cryptocurrency charts and performing regular cryptocurrency analysis can provide insights into potential price movements.

In addition to these factors, cryptocurrency price prediction models and expert analysis can help investors gauge the future performance of the VIRTUAL token. The token's price is also affected by the protocol's tokenomics, including the buyback scheme and token distribution strategies. As the ecosystem grows and more DApps utilize VIRTUALs, the token's value may increase, making it potentially the best crypto investment for 2024 and beyond. However, investors should be mindful of cryptocurrency risks and market volatility, ensuring they stay informed about the latest developments and trends within the Virtuals Protocol ecosystem.

For those interested in investing or trading Virtuals Protocol, one might wonder: Where to buy VIRTUAL? You can purchase VIRTUAL on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Current price:

$0.3716More price details

All-time high:$0.5092

All-time low:$0.02018

VIRTUAL supply and tokenomics

Circulating supply:1,000,000,000 VIRTUAL

Total supply:1,000,000,000 VIRTUAL

Max supply:1,000,000,000 VIRTUAL

Market cap:$371.59M

Fully diluted market cap:$371.59M

Links

Website:https://www.virtuals.io/

X:https://twitter.com/virtuals_io

Buy Virtuals Protocol for $1Buy VIRTUAL now

What is the development prospect and future value of VIRTUAL?

The market value of VIRTUAL currently stands at $371.59M, and its market ranking is #218. The value of VIRTUAL is not widely recognized by the market. When the bull market comes, the market value of VIRTUAL may have great growth potential.

As a new type of currency with innovative technology and unique use cases, VIRTUAL has broad market potential and significant room for development. The distinctiveness and appeal of VIRTUAL may attract the interest of specific groups, thereby driving up its market value.

What will the price of VIRTUAL be in 2025?

Based on VIRTUAL's historical price performance prediction model, the price of VIRTUAL is projected to reach $0.4537 in 2025.

What will the price of VIRTUAL be in 2030?

In 2030, the VIRTUAL price is expected to change by -9.00%. By the end of 2030, the VIRTUAL price is projected to reach $0.5537, with a cumulative ROI of +63.13%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of VIRTUAL and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

VIRTUAL price VIRTUAL price prediction VIRTUAL news

Is VIRTUAL worth investing or holding? How to buy VIRTUAL from a crypto exchange?

If you want to buy VIRTUAL, the following information may be helpful for your investment decisions:

In the last 7 days, the price of VIRTUAL has fallen by -4.78%, leading to negative returns for most VIRTUAL investors. The market is currently pessimistic about the price trend of VIRTUAL.

It is important to note that the current price of VIRTUAL has retreated by -27.02% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether VIRTUAL is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in VIRTUAL or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of VIRTUAL, if you want to buy or sell VIRTUAL, you can consider Bitget for your trading needs. The best place to buy VIRTUAL is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Virtuals Protocol has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Virtuals Protocol. Here's a step-by-step guide on how to buy Virtuals Protocol on Bitget.

Buy VIRTUAL now Coin buying guide

How to get Virtuals Protocol through other methods？

Using cash to buy Virtuals Protocol is not the only way to obtain Virtuals Protocol. If you have the time to spare, you can get Virtuals Protocol for free.

Learn how to earn Virtuals Protocol for free through the Learn2Earn promotion.

Earn free Virtuals Protocol by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Virtuals Protocol airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Virtuals Protocol through Bitget Convert, Bitget Swap, or spot trading.

What is Virtuals Protocol used for and how to use Virtuals Protocol?

The use case of Virtuals Protocol may expand as the crypto market and the project itself develop. Currently, you can use VIRTUAL to achieve the following goals:

Arbitrage by trading VIRTUAL: Since VIRTUAL is a frequently traded cryptocurrency, the price of VIRTUAL is always fluctuating. Earn more VIRTUAL by buying low and selling high on the exchange. Bitget spot market provides a variety of VIRTUAL trading pairs to fully meet your needs.

Earn by staking VIRTUAL: You can also generate income through financial management methods such as staking VIRTUAL or lending VIRTUAL. Bitget Earn offers a variety of financial products designed to help you earn more income from your VIRTUAL.

Send or pay VIRTUAL: If you want to give VIRTUAL to your friends, a charity, or a fundraiser, or you want to pay someone with VIRTUAL, you can quickly and easily send VIRTUAL to the recipient through their payment address.

You can also go to the official website of the Virtuals Protocol project to learn more about the use cases of VIRTUAL. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Trade VIRTUAL VIRTUAL Earn