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VIRTUAL Protocol: A New Player in AI Cryptocurrency

VIRTUAL Protocol: A New Player in AI Cryptocurrency

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by Andrew Smith

an hour ago


VIRTUAL Protocol is making waves in the blockchain space with its innovative approach to AI and decentralized contributions. According to the official information, operating on an Ethereum Layer-2 network, the protocol is set to expand its reach to other blockchains, promising a collaborative ecosystem for users and developers alike.

Unique Token System

At the core of VIRTUAL Protocol is its unique token system, where each AI agent corresponds to one token from a total supply of one billion. Users can engage with the platform through various activities, including:

  • inference calls
  • gaming
  • interactions on social platforms

All of which allow them to earn rewards.

Decentralized Contributions

The network emphasizes the importance of decentralized contributions, incentivizing users who provide valuable training data. This collaborative effort not only enhances the AI capabilities of the platform but also fosters a community-driven environment.

Key Applications

Key applications of VIRTUAL Protocol include:

  • the creation and monetization of autonomous AI agents
  • effective management of digital assets
  • revenue generation through trading fees and user activities

As the protocol continues to evolve, it aims to redefine the intersection of AI and blockchain technology.

Aave has recently transferred governance of Lens Protocol to Mask Network, marking a significant shift in the DeFi landscape. This development contrasts with VIRTUAL Protocol's focus on AI and decentralized contributions. For more details, see read more.

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