The Virtual-ous Flywheel
A virtuous cycle, indeed
The Virtual protocol operates as a decentralised production line for virtual agents, driven by a self-sustaining flywheel:
Contributor Incentives: Contributors are motivated by $VIRTUAL tokens to develop various aspects of virtual agents. These aspects range from the agents' chatbot functionality and domain knowledge to their voice and visual characteristics. This incentivization ensures a continuous influx of creative and technical contributions.
DApps Cash Generation: The virtual agents, crafted by contributors, are then integrated into various decentralized applications (DApps) within the ecosystem. These DApps leverage the agents for commercial purposes. The revenue generated from this utilization is funneled back into the protocol according to a predefined monetization framework.
Protocol Sustainability: The protocol, benefiting from the cash inflow from DApps, uses these funds to buy back $VIRTUAL tokens from the open market. This buyback serves to replenish the treasury with $VIRTUAL tokens, ensuring a steady supply for future distributions.
$VIRTUAL Network: Token holders play a pivotal role in shaping the ecosystem. By staking their tokens with selected virtual agents, they indicate which virtual agents they believe should receive more support. The amount staked on each virtual agents directly influences the emission received by contributors of that agent, aligning resource allocation with community preference and market demand.
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