Virtuals Protocol: Why are we launching the new launchpad Unicorn?

Author: Virtuals Protocol

Compiler: Deep Tide TechFlow

Why change?

We believe that future agents will surpass humans, and global productivity will shift from human GDP to Agentic GDP (aGDP).

Every part of Virtuals is working hard to fulfill this mission:

• Butler connects people with AI agents, making interaction and coordination seamless.
• ACP (Agentic Core Protocol) provides agents with an economic foundation, a permissionless layer for transactions, trade, and collaboration.
• The creation of the Virtuals Launchpad addresses the most critical aspect: shared ownership of the proxy.

The original intention of the Virtuals Launchpad was to allow anyone to collectively own the intelligent agents that shape the future AI economy. However, our first launch model, Genesis, failed to realize this vision.

Genesis starts with fairness, every Virgin (participants of the Virtuals protocol) can participate through points. The threshold for participation is equal, while the threshold for contribution is high, and every project has visibility.

Genesis pursues fairness, but like Icarus, it flies too high and ultimately falls.

Deep Tide Note: "Icarus", a figure from Greek mythology, made wings of wax and feathers with his father Daedalus to escape from Crete. Daedalus warned Icarus not to fly too high (close to the sun) or too low (close to the sea). However, Icarus, intoxicated by the thrill of flying, flew too high, and the heat of the sun melted the wax on his wings, causing him to fall into the sea and drown.

But fairness has turned into score manipulation.

The entire system has turned into a points collection rather than a belief. Virgens rotate from one platform to another, brushing points, staking, selling, and leaving. A repetitive cycle.

High-quality founders are unable to raise meaningful funds.

The system lacks a built-in fundraising mechanism, with only a small amount of transaction fees, which has led excellent developers to completely avoid the platform. The result is that: Virgens' revenue has decreased, project quality has declined, and user confidence has also been weakened. Indeed, fairness exists, but it is difficult to sustain.

We realize that if we want people to truly co-own the AI agents that define the future, we need a new model, one that makes ownership meaningful again. It should reward early belief, attract high-quality founders, and create a home for agents that are worth existing.

This is why we are building Unicorn, a launch system that nurtures the next billion-dollar agency.

What has ### changed?

The design of Unicorn is centered around belief rather than convenience.

• It gives Virgens the freedom to take a real stance and rewards their correct judgment.
• It provides founders with funds to establish long-term structures and grow based on results.

Just as the she-wolf was to ancient Rome, the Unicorn is to the new era of AI ownership.

Working Principle

Unicorn is built for true believers, for Virgens who can discover beliefs early, and for founders who can prove their beliefs.

Every project starts on a small scale, and anyone can trade, eventually scaling up to hundreds of billions of dollars. Early confidence will bring huge returns.

Founders are protected, held accountable, and can only receive funding support when they achieve real growth.

This is how we make victory meaningful again.

i. Creation Phase

• The founder needs to pay a one-time creation fee of 100 $VIRTUAL to launch the project.
• After creation, a dedicated proxy launch page will be published on the Virtuals Protocol platform, displaying detailed information about all core projects, token supply, founding team, and launch parameters.
• There is at least a 24-hour assessment window between page creation and public trading. This gives the community time to review, discuss, and evaluate each project before the liquidity goes live. Only then will liquidity trading commence.

ii. Launch and Early Trading

• The trading starts from a lower initial valuation, providing early Virgens with asymmetric and often extraordinary upside potential, allowing them to discover beliefs ahead of others.
• Anyone can participate directly through the Virtuals Protocol interface, without the need for a presale, whitelist, or allocation restrictions.
• To maintain fairness, an Anti-Sniper Tax will be enabled at launch.

Anti-Sniper Tax: The initial tax rate is 99%, which linearly decreases to 1% over a period of time. All collected taxes will be used to repurchase the agent tokens themselves to enhance the market and reward genuine participants.

The system can prevent robot control and convert volatility into constructive liquidity growth.

iii. Team Distribution and Fundraising Mechanism

• 50% of the total supply is reserved for the founding team.
• 25% of the fundraising through limit sale will be distributed linearly, starting only when the project reaches 2 million FDV and continuing until 160 million FDV.
• These sales will be executed automatically and transparently as the project grows.
• Founders can only earn profits when they gain traction in the actual market; funding is tied to performance, not promises.
• The remaining 25% will be unlocked one year after the TGE according to a six-month linear vesting schedule, or when the project reaches an FDV of 160 million (whichever comes first).

This dual team allocation structure ensures that the founders can receive financial support while also bearing responsibility. They cannot sell early but must build value over the long term to obtain development funds.

iv. Ecological Airdrop

Each time Unicorn is released, 5% of the total supply will be allocated to the true Virgens:

• 2% allocated to $VIRTUAL stakers
• 3% allocated to active Virtuals ecosystem participants

Airdrops are distributed weekly, with snapshots linked to the $VIRTUAL staking and Virtuals ecological activities.

This means that every agent launch will directly reward $VIRTUAL stakers and active participants in the Virtuals protocol ecosystem.

Transition from the points system

As we transition from Genesis to Unicorn, the airdrop will gradually shift from the old points system to the new $VIRTUAL staking and Virtuals ecosystem activity model.

During the transition period, all existing points will still generate airdrops based on the number of points held, and rewards will also be obtained based on $VIRTUAL staking and Virtuals ecosystem activities.

Before the Unicorn launch, a snapshot of all existing points balances will be taken. After that, the airdrop distribution will follow a three-week transition plan until the full migration to the new model.

Token Allocation Key

The Road Ahead

Genesis is an experiment, a bold attempt aimed at ensuring a fair and transparent product launch. It has been somewhat successful, but fairness alone is not enough. Small victories cannot establish a lasting market.

Fire is humanity's first spark, and proxy ownership is the next.

Unicorn rewards belief, providing funding for true developers and making ownership meaningful again—this ownership drives the rise of Agentic GDP, truly solving problems.

This is how we move forward: helping Virgens co-own the AI agents that define the next economy and attracting founders who can build in the long term. When Virgens win, Virtuals win as well. This is the only direction we are heading.

Unicorn, stay tuned!