Project Updates

The Rise of Virtuals Protocol: A Glamorous Transformation from a Blockchain Game Project to an AI Agent Issuance Platform In June 2025, the crypto market witnessed a remarkable wealth feast: the new project IRIS debuted with an initial market value of $200,000 through the Genesis Launch platform of Virtuals Protocol, and after its launch, the market value skyrocketed to $80 million, setting an astonishing record with a 400-fold increase. This performance not only significantly surpassed the previous increase record but also made other popular projects in the ecosystem seem dim by comparison. As the driving force behind this miracle, the platform token VIRTUAL of Virtuals Protocol achieved a 400% growth within six months, with the market value reaching a peak of over $5 billion. Currently, the platform has firmly established itself as the largest AI agent in a certain Layer-2 network.

The Transformation of Virtuals Protocol: From the Disappointment of GameFi to the Rise of AI Agents In June 2025, the crypto world witnessed an unprecedented wealth transfer: the new project IRIS launched with an initial market value of $200,000 through the Virtuals Protocol platform, and after going live, its market value skyrocketed to $80 million, setting an astonishing record with a 400-fold increase. This achievement not only far exceeded previous growth records but also made other breakout projects in the ecosystem look weak in comparison. As the driving force behind this miracle, the platform token of Virtuals Protocol, VIRTUAL, achieved a 400% growth within six months, with a peak market value surpassing $5 billion. Now, the platform has become the largest AI agent launch platform on a certain Layer-2 network. Behind this nationwide celebration is actually an experiment in wealth distribution reconstructed based on contribution rules, which is quietly advancing.

Ethereum's counterattack: New protocol opens up the trillion-dollar AI agency market, regaining the discourse power of artificial intelligence. While we are still discussing whether AI agents can execute community operations or assist with tasks, an innovative project is already focusing on a grander vision—how AI agents can collaborate, settle, and truly support a blockchain-based AI labor market. Recently, the Ethereum official announced "Ethereum is for AI" and forwarded a related cooperation message to warm up for the collaboration between the two parties. This news quickly sparked a strong response from the community, gaining over 1.1 million views in a short period. This is not just a simple collaboration, but the prologue of Ethereum's return to the center stage. The current Ethereum needs a solid grip to catch up; its partners will also accelerate development and consolidate their advantageous position through the new protocol. A universal standard that allows every A

From the ruins of blockchain games to the AI intelligent agent issuance platform: the rebirth of Virtuals Protocol In June 2025, the crypto world experienced an unprecedented wealth migration. The new project IRIS debuted on an AI intelligent agent issuance platform with an initial market cap of $200,000, and after going live, its market cap soared to $80 million, setting a new industry record with a 400-fold increase. This performance far exceeded the previous record of other projects and made the "土狗季" of a certain public chain ecology pale in comparison. As the driving force behind this myth, the platform's token achieved a 400% surge within six months, with a market cap peak surpassing $5 billion. Today, this platform has firmly established itself as the largest AI intelligent agent launching platform on a certain Layer-2 network. Behind this nationwide celebration, however, is actually an experiment in wealth distribution reconstructed based on point rules, quietly reshaping the speculative logic and value order of the crypto market.

Ethereum collaborates with Virtuals to launch the ACP standard, aiming to achieve cooperation and transactions of AI agents, opening a trillion-scale on-chain AI labor market. As a universal standard, ACP grants greater autonomy to AI. This move marks Ethereum's return and innovation in the AI field, signaling the future integration and development of AI and Blockchain.