Virtuals Bonding Curve

Virtuals Protocol enables anyone to launch their own token permissionlessly.

Agent launcher interface on virtuals.io

Once a creator wants to create a new agent, the agent creation interface pops up. There is an Agent (token) creation fee of 100 VIRTUAL (~$150). Creators are then given the optionality to purchase tokens - the minimum amount is 1 VIRTUAL. This mechanism enables the creator to make the first purchase transaction of the token after the launch.

Once the token is launched – it sits in a bonding curve liquidity pool. The creator’s initial VIRTUAL purchase determines (i) % of AGENT tokens acquired by the developer wallet, (ii) the initial AGENT trading market cap (in VIRTUAL).

Before and after the initial purchase transaction made by the Agent creator

• 2k VIRTUAL (~$3k) → 24.8% of AGENT & initial mcap of 10.6k VIRTUAL (~$16k)

• 42k VIRTUAL (~$63k) → 87.4% of AGENT and initial mcap of 377k VIRTUAL (~$565k)

USD denominated figures can fluctuate based on VIRTUAL price but VIRTUAL denominated figures won't