Virtuals Protocol Tokens on Base Skyrocket as AI Agent Demand Grows

What Are AI Agents and Virtuals?

AI agents are autonomous programs powered by artificial intelligence, capable of performing tasks independently by understanding their environment, making decisions, and taking actions. Virtuals Protocol tokenizes these AI agents on the blockchain, enabling broader ownership and decentralized applications.

Virtuals Protocol’s Evolution

Virtuals Protocol, launched on Base in January, originated as PathDAO in 2021 before its rebranding. It functions as a launchpad and marketplace for gaming and entertainment-focused AI agents. In December, the project completed a token swap from PATH to VIRTUAL, broadening ownership of AI agents.

The platform supports building AI agents with six key functionalities:

• Social media posting (X, formerly Twitter)

• Telegram chatting

• Livestreaming

• Meme generation

• Sentient AI applications

• Music creation

Its proprietary GAME engine ensures compatibility with platforms like Roblox, enhancing virtual interactions.

Ecosystem Token Gains

Other tokens within the Virtuals Protocol ecosystem also posted notable gains:

• AIXBT by Virtuals: Up 23.8% to $0.21

• LUNA by Virtuals: Up 9.4% to $0.08

• VADER by Virtuals: Up 78.9% to $0.05

These tokens enable diverse functionalities, including staking rewards, AI-driven insights, DAO governance, and monetization tools.

AI Agent Market Potential

Beyond blockchain, AI agents are attracting significant industry investment from companies like OpenAI, Google, and Amazon Web Services. The global AI agent market was valued at $3.86 billion in 2023 and is expected to grow 45% annually, according to Grand View Research.

Entrepreneur and venture capitalist Greg Isenberg summed up the sector’s potential on X:

“If I was betting my career on one thing right now, it would be AI agents. Literally a trillion-dollar market up for grabs.”

As the AI-driven economy expands, Virtuals Protocol stands out as a key player, merging AI innovation with decentralized blockchain ecosystems.