Author: Virtuals Protocol
Translation: TechFlow
Why Change?
We believe that in the future, agents will surpass humans, and global productivity will shift from human GDP to agentic GDP (aGDP).
Every part of Virtuals is working towards this mission:
-
Butler connects people with AI agents, making interaction and coordination seamless.
-
ACP (Agentic Core Protocol) provides agents with an economic foundation—a permissionless layer for transactions, trade, and collaboration.
-
The creation of the Virtuals Launchpad addresses the most critical link: shared ownership of agents.
The original intention of the Virtuals Launchpad was to allow anyone to co-own agents shaping the future AI economy. However, our first launch model, Genesis, failed to realize this vision.
Genesis started with fairness—every Virgens (Virtuals protocol participant) could participate through points. The participation threshold was equal, the contribution threshold was high, and every project had visibility.
Genesis pursued fairness, but like Icarus, flew too high and ultimately fell.
Editor’s note: "Icarus," a figure from Greek mythology, escaped Crete with his father Daedalus using wings made of wax and feathers. Daedalus warned Icarus not to fly too high (near the sun) or too low (near the sea). However, intoxicated by the thrill of flight, Icarus flew too high, the sun’s heat melted the wax on his wings, and he fell into the sea and drowned.
But fairness turned into point farming.
The entire system became about collecting points, not conviction. Virgens rotated from one platform to another, farming points, staking, selling, and leaving. The cycle repeated.
High-quality founders could not raise meaningful funds.
The system lacked a built-in fundraising mechanism, relying only on small transaction fees, which caused excellent developers to avoid the platform altogether. The result: Virgens’ returns shrank, project quality declined, and user confidence was undermined. Yes, there was fairness, but it was unsustainable.
We realized that if we want people to truly co-own AI agents that define the future, we need a new model—one that makes ownership meaningful again. It should reward early conviction, attract high-quality founders, and create a home for agents worth existing.
This is why we built Unicorn, a launch system to nurture the next billion-dollar agent.
What Has Changed?
Unicorn is designed around conviction, not convenience.
-
It gives Virgens the freedom to take real positions and rewards their correct judgment.
-
It provides founders with long-term structure and funding that grows with results.
Just as the she-wolf was to ancient Rome, Unicorn is to the new era of AI ownership.
How It Works
Unicorn is built for true conviction—for Virgens who can spot conviction early, and for founders who can prove their conviction.
Every project launch starts small, anyone can trade, and the final scale can reach tens of billions of dollars. Early conviction will bring huge returns.
Founders are protected, held accountable, and can only receive funding when real growth is achieved.
This is how we make winning meaningful again.
i. Creation Phase
-
Founders must pay a one-time creation fee of 100 $VIRTUAL to launch a project.
-
After creation, a dedicated agent launch page will be published on the Virtuals Protocol platform, displaying all core project details, token supply, founding team, and launch parameters.
-
There is at least a 24-hour evaluation window between page creation and public trading. This gives the community time to review, discuss, and evaluate each project before liquidity goes live. Only then will liquidity trading begin.
ii. Launch and Early Trading
-
Trading starts at a lower initial valuation, providing early Virgens with asymmetric and often extraordinary upside, allowing them to discover conviction ahead of others.
-
Anyone can participate directly through the Virtuals Protocol interface—no presale, whitelist, or allocation limits.
-
To maintain fairness, an Anti-Sniper Tax is enabled at launch.
Anti-Sniper Tax: The initial tax rate is 99%, which linearly decays to 1% over time. All collected taxes will be used to buy back the agent tokens themselves, strengthening the market and rewarding true participants.
This system prevents bot control and turns volatility into constructive liquidity growth.
iii. Team Distribution and Fundraising Mechanism
-
50% of the total supply is reserved for the founding team.
-
25% is linearly allocated for fundraising through limit sales, starting only when the project reaches a 2 million FDV and continuing up to a 160 million FDV.
-
These sales will be executed automatically and transparently as the project grows.
-
Founders can only profit when the actual market gains traction—funding is tied to performance, not promises.
-
The remaining 25% will unlock according to a six-month linear vesting schedule one year after TGE, or when the project reaches a 160 million FDV (whichever comes first).
This dual team allocation structure ensures founders receive funding support while being held accountable. They cannot dump early but must build value over the long term to access development funds.
iv. Ecosystem Airdrop
Each Unicorn launch will allocate 5% of the total supply to true Virgens:
-
2% allocated to $VIRTUAL stakers
-
3% allocated to active Virtuals ecosystem participants
Airdrops are distributed weekly, with snapshots tied to $VIRTUAL staking and Virtuals ecosystem activity.
This means every agent launch directly rewards $VIRTUAL stakers and active Virtuals protocol ecosystem participants.
Transition from the Points System
As we transition from Genesis to Unicorn, airdrops will gradually shift from the old points system to the new $VIRTUAL staking and Virtuals ecosystem activity model.
During the transition period, all existing points will still generate airdrops based on the number of points held, while rewards will also be earned through $VIRTUAL staking and Virtuals ecosystem activity.
Before Unicorn goes live, a snapshot will be taken of all existing points balances. Afterwards, airdrop allocation will follow a three-week transition plan until fully migrated to the new model.
Key Points of Token Allocation
The Road Ahead
Genesis was an experiment, a bold attempt to ensure a fair and transparent product launch. It succeeded to some extent, but fairness alone is not enough. Small victories cannot build a lasting market.
Fire was humanity’s first spark; agent ownership is the next.
Unicorn rewards conviction, provides funding for true developers, and makes ownership meaningful again—this kind of ownership drives the rise of Agentic GDP and truly solves problems.
This is how we move forward: helping Virgens co-own AI agents that define the next economy and attracting founders who can build for the long term. When Virgens win, Virtuals win too. This is the only direction we move forward.
Unicorn, stay tuned!