Genesis Refund Policy

Genesis is built to reward maximum participation, with minimal risk.

The Genesis Launch mechanism is designed to enable high-conviction participation, while maintaining full protection of unused capital and pledged points through a deterministic refund logic.

Pledge with confidence. All excess is returned, no matter how high you aim.

Commitments are never punitive. The protocol ensures that each participant receives a token allocation proportional to their inputs, with all unused values automatically returned.

If the Genesis Launch is unsuccessful:

• All pledged points are fully refunded

• All committed $VIRTUAL is fully returned

If the Genesis Launch is successful:

• Any unused $VIRTUAL (beyond final allocation) is fully refunded

• Any unused points (beyond final distribution logic) are fully returned

• Refunds also occur if aggregate commitments overshoot the highest tier reached (e.g. if pledges land in the 42K tier but 62K $VIRTUAL was committed, the 20K excess is refunded).

Genesis Launches are dynamic by design. Allocations are influenced by total network participation across a 24-hour window.

  • As more participants pledge, the system may advance into higher tiers, expanding the raise size.

  • Your estimated allocation may decrease if new pledges dilute your share.

  • Participants can increase points and $VIRTUAL at any time before close.

Estimate boldly. Overcommitting is safer than undercommitting. The system adjusts, then refunds.

This structure enables high-agency participation while preserving efficiency. Final allocations are determined strictly by onchain logic, and all unused commitments, whether in points or $VIRTUAL, are returned. The mechanism is designed to scale with conviction, without introducing excess risk.

Operational Guarantees:

• No funds are retained beyond what is used for successful allocation.

• Refunds are automatic and executed at the smart contract level.

• The system is built to favor upfront commitment while ensuring precision at final settlement.

The result: a fair, trustless coordination layer that enables maximum signaling—without irreversible cost.


Claiming

Genesis tokens are not automatically delivered. Users will claim their final token allocation through the UI once the launch concludes.

Snapshot Date
Epoch
Airdrop Week (Allocation Period)
$VIRTUAL Staking
Points
Ecosystem Activity (ACP / Butler)

Oct 8, 2025

Epoch 0

Oct 9 – 12 (Week 1)

2%

3%

0%

Oct 12, 2025

Epoch 1

Oct 13 – 19 (Week 2)

2%

2%

1%

Oct 19, 2025

Epoch 2

Oct 20 – 26 (Week 3)

2%

1%

2%

Oct 26, 2025

Epoch 3

Oct 27 – Nov 2 (Week 4)

2%

0%

3%

Week
Airdrop Distribution
Notes

Week 1

2% based on $VIRTUAL staking, 3% based on points

Week 2

2% based on $VIRTUAL staking, 2% based on points, 1% based on ecosystem activity

Week 3

2% based on $VIRTUAL staking, 1% based on points, 2% based on ecosystem activity

Final week of point-based airdrops

Week 4 and onward

2% based on $VIRTUAL staking, 3% based on ecosystem activity

Points fully phased out

Category
Allocation
Notes

Ecosystem Airdrops

5 %

2 % $VIRTUAL Stakers, 3 % Virtuals Ecosystem Participants

Open Market

45 %

Public trading pool

Team Allocation

50 %

25 % linear fundraising mechanism / 25 % 1-year lock (6 month linear vesting schedule) or 160 M FDV unlock

Category
Genesis
Unicorn

Access Mechanism

Points-based pledging and capped allocations

Fully open market participation, anyone can trade directly from Day 1

Fundraising Logic

No direct fundraising; founders relied on trading tax

Continuous linear fundraising from 2 M → 160 M FDV through limit-sell order mechanism

Founder Alignment

No structured unlocks or growth milestones

50 % team tokens locked through, 25 % linear funding starting at 2 M FDV, 25 % 1-year lock or 160 M FDV unlock

Ecosystem Rewards

Points system and periodic Genesis bonuses

5 % of every new launch automatically airdropped to $VIRTUAL stakers and Virtuals ecosystem participants

Sniper Protection

Limited anti-bot systems

99 % → 1 % decaying tax during launch

Market Entry

Pre-sale pledging

Starts low and open, real market-driven discovery

Fairness Model

Everyone gets a small piece

Conviction decides outcome, early believers capture the biggest upside

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