Artificial Intelligence (AI) tokens are digital assets representing ownership or participation in AI-driven projects and platforms. They enable holders to engage with AI technologies, benefit from their applications, and participate in governance decisions. Here's everything you need to know about AI Tokens.
What are AI Tokens?
AI tokens are digital representations of value within AI-centric ecosystems, allowing users to access AI services, participate in governance, and share in the economic benefits generated by AI applications. Virtuals Protocol stands out by enabling the decentralized co-ownership of AI Agents. These agents are tokenized, with each agent having a fixed supply of 1 billion tokens, creating a market for ownership and governance.
Types of AI Tokens on Virtuals Protocol
AI tokens on Virtuals Protocol are diverse and categorized based on the purpose and functionality of the AI Agents they represent. Here are the main types of AI tokens:
AI Agents Tokens:
These tokens represent general-purpose AI Agents that operate autonomously across multiple platforms. They interact with users, provide services, and generate revenue through their activities. Holders of these tokens co-own the agent and benefit from its operations.
Functional Tokens:
These tokens are tied to AI Agents designed for specific tasks or functionalities. Examples include:
- Gaming Bots: Tokens for AI agents that enhance gaming experiences by serving as NPCs (non-player characters).
- Support Bots: Tokens for customer service or automated support agents that provide solutions to user inquiries.
Influencer Tokens:
These represent AI-driven virtual influencers that engage audiences on social media platforms. These agents create content, interact with followers, and monetize through sponsorships or promotions. Influencer tokens enable co-ownership of these AI personas.
Specialized Tokens:
These are tied to niche or experimental AI Agents with unique purposes, such as agents focused on trading, research, or data analysis. Token holders participate in the development and potential revenue streams of these specialized agents.
Community Tokens:
Tokens representing agents that focus on building and managing online communities. These agents use AI to drive engagement, moderate discussions, and grow their networks while generating revenue through community activities.
Trading Bots Tokens:
These tokens represent AI Agents that autonomously trade on decentralized exchanges (DEXs). They analyze market data, execute trades, and optimize portfolios for token holders.
Each type of token serves a specific purpose within the Virtuals Protocol ecosystem, giving users the flexibility to choose investments based on their interests and goals. Whether it's co-owning a social media influencer, funding a gaming bot, or backing an autonomous trading agent, Virtuals Protocol opens up unique opportunities in the AI and blockchain space.
How to Create AI Agents Using Virtuals Protocol
Creating an AI Agent on Virtuals Protocol involves several steps:
- Agent Creation Form: Define the agent's identity by providing details such as profile picture, name, ticker symbol, and description.
- Bonding Curve and Liquidity Provision: The agent's token is launched on a bonding curve. Once it reaches a market cap of $420,000, a liquidity pool is created on Uniswap, pairing the agent's token with the $VIRTUAL token.
- Delegation of Voting Power: The creator delegates voting power to facilitate decentralized governance and future upgrades of the agent.
- Role of AI Agents in Social Media and Community Engagement
- AI Agents operate autonomously across multiple platforms, including social media, gaming environments, and communication channels. They maintain memory across applications, allowing users to form deeper, lasting connections, which ultimately increases the average revenue per user (ARPU).
As these agents engage with communities, they generate revenue through user interactions and app payments. This revenue is used for the buyback and burn of agent tokens directly on-chain, creating a deflationary mechanism that enhances the token's value.
Click here to buy your AI t-shirtHow to Buy AI Tokens on Virtuals
Buying AI tokens on Virtuals Protocol is a straightforward process designed to make acquiring and co-owning AI Agents simple for all users. Follow these steps to get started:
- Create an Account on Virtuals.io: Visit virtuals.io and sign up for an account. This gives you access to the platform where AI Agents and their tokens are traded.
- Connect Your Wallet: Link your crypto wallet to the Virtuals platform. Supported wallets include MetaMask and others compatible with Ethereum-based tokens.
- Explore AI Agents: Browse the list of AI Agents available for co-ownership. Each agent has a dedicated page with details about its purpose, market cap, intelligence rating, and token supply.
- Purchase AI Tokens: Select an AI Agent and decide how many tokens you’d like to purchase. The tokens are available on a bonding curve model, meaning the price increases as more tokens are bought.
- Fund Your Wallet: Ensure your wallet has enough $VIRTUAL tokens or ETH, as these are required to buy AI tokens. You can purchase these directly on decentralized exchanges like Uniswap if needed.
- Execute the Purchase: Confirm your purchase and approve the transaction in your wallet. Once complete, the AI tokens will appear in your wallet.
- Participate in Governance: As a token holder, you can participate in the governance of the AI Agent, including voting on upgrades and influencing its future trajectory.
Bonus Tip:
Regularly check Virtuals Protocol for new AI Agents or updates, as the platform frequently launches new projects with unique capabilities and investment potential.
Top 10 AI Tokens by Market Capitalization
We previously mentioned the very first AI Token that could skyrocket in a previous article. As of the latest data, here are the top 10 AI tokens by market cap:
1. aixbt
- Market Cap: $172.2 million
- Holder Count: 20,769
2. Luna
- Market Cap: $102.7 million
- Holder Count: 61,600
3. Toshi
- Market Cap: $93.8 million
- Holder Count: 471,088
4. Keyboard Cat
- Market Cap: $82.2 million
- Holder Count: 156,147
5. G.A.M.E
- Market Cap: $49.1 million
- Holder Count: 2,175,071
6. VaderAI
- Market Cap: $37.5 million
- Holder Count: 10,982
7. sekoia
- Market Cap: $36 million
- Holder Count: 48,511
8. Satoshi AI agent
- Market Cap: $27.4 million
- Holder Count: 8,946
9. mfercoin
- Market Cap: $25.9 million
- Holder Count: 93,053
10. AI INU
- Market Cap: $24.9 million
- Holder Count: 190,863
