The I.R.I.S. AI agent token sale is oversubscribed by 1500% with roughly 16 hours remaining.
AI agent launchpad Virtuals Protocol (VIRTUAL) is up 7% forward of the launch of I.R.I.S., its first agent on the Ethereum mainnet.
I.R.I.S. is a collaboration between Virtuals, which is overseeing the launch, token distribution and ecosystem improvement, and Nethermind, which offered the core technical basis, together with agent engineering and blockchain safety.
It introduces AuditAgent, an automatic sensible contract safety evaluation platform, to I.R.I.S., which additionally scans social media channels and combines the 2 to establish safety points in real-time.
Nethermind was based by Tomasz Stańczak, the newly appointed co-executive director of the Ethereum Basis.
On the time of writing, the IRIS Genesis launch is oversubscribed by greater than 1500%.
“The platform’s growth from Base to Ethereum with the IRIS launch represents a big ecosystem progress milestone, with mentions of AWS partnerships, a income mannequin producing $600k month-to-month, and doable future growth to further blockchains like Aptos,” stated Messari in a June 10 X post.
AI tokens have been on a tear not too long ago. VIRTUAL’s value is $2.20, up 7% however nonetheless down considerably from its January all-time excessive of $5.07, according to CoinGecko. It boasts a market cap of $1.3 billion, aided by a 130% soar over every week in late April and early Might after the platform unveiled its overhauled Genesis launch mechanism.
VaderAI begins Yapping
VaderAI by Virtuals is an AI agent that creates autonomous hedge funds with AI brokers executing “funding methods throughout DeFi, gaming and AI,” according to the Virtuals web site. “Vader positions itself because the BlackRock of on-chain AI finance, automating capital allocation with scalable AI methods.”
Yapping expanded from Virtuals Protocol to VaderAI on June 9. Whereas 2% of Virgen factors go to Virtuals Yappers, VaderAI Yappers now earn one other 1%, Vader Analysis posted on X.
Virgen factors are earned by staking VIRTUAL tokens or tokens from different AI agent platforms like VADER, and by Yapping, or posting on social media about Virtuals or AI agent tokens launched on it. The Virtuals neighborhood calls itself “virgens,” a mash-up of Virtuals and degen.
As well as, Vader Yappers will get 20% of the airdrop rewards from a staker airdrop pool. There are currently 18 tokens within the Vader Rewards Pool, with airdrops scheduled to start in mid-to-late June and proceed over the following 12 months.
To earn Yapping factors, customers should join their X account on the Vader web site, stake no less than 10,000 VADER tokens for one yr, and appropriately tag their X posts.
VADER is up 71% over the previous week, according to CoinGecko.
