Virtuals Protocol: Tokenising AI Agents

Teng Yan outlines Virtuals Protocol as a leading AI Agent launchpad where agents launch via bonding curves and activate at $420K market cap to access X, mint tokens, and create Uniswap pools with 10-year locked LPs. Agent token taxes generate buyback-and-burn mechanics that give VIRTUAL holders indirect exposure to agent trading volume, with 1,877+ agents launched using ~1.9M VIRTUAL as of late 2024 and VIRTUAL valued over $500M across 58,500+ holders.