Regarding Virtual's Genesis Launches platform, after participating and observing for some time, I have two intuitive feelings:
On one hand, the platform has formed a certain positive mechanism that can filter out a considerable number of unscrupulous low-quality projects, establishing a platform with a unique taste and status different from others.
On the other hand, among the successfully launched projects, I feel that many are quite similar, or I cannot see any obvious differences from existing projects.
I have always had a question about the second point:
What is the significance of so many similar AI Agents?
Recently, I saw a tweet from Virtual's co-founder (
https://x.com/ethermage/status/1929586594883031475), and I seem to understand the platform's intention a bit.
In this tweet, EtherMage shared the three stages of Virtual team's platform advancement:
First stage: Building AI Agents density, which is the current situation, to attract entrepreneurs and retail investors' attention.
Second stage: Building a SWIFT system for AI Agent collaboration, including ACP and some other confidential information to be revealed in the second and third quarters of this year.
Third stage: Building a true AI Agent network nation, mainly manifested as autonomous business forms, autonomous Agents, GDP, etc.
This plan clearly expresses the team's ultimate purpose of building the platform and the steps to achieve it.
The project's ultimate goal is to build an ecosystem composed of AI Agents (here, the ecosystem can be understood as the concept of a "nation"). Although I have seen the team's co-founder mention this many times in various occasions and articles, my understanding was limited to the literal meaning, without a practical approach, making it difficult to comprehend.
After reading these three stages, this approach becomes easier to understand.
Building this ecosystem is divided into three steps: the first step is to massively build members of this ecosystem: AI Agents; the second step is to construct protocols and rules for these members to interact and engage with each other; the third step, when all these members can interact and engage, various business models and application scenarios will naturally form, generating economic value and GDP, and a "nation" will naturally take shape.
From this perspective, the current massive launch of various AI Agents on the platform is inevitable. How else could a "nation" be formed without a large number of AI Agents?
On the other hand, from the future "nation" perspective, the AI Agents currently appearing are far from sufficient in number. Therefore, based on the number of currently successfully launched AI Agents, the current stage of launches is probably still in a very early stage. Both startup teams and participants are not many in number.
To enrich the "nation's" members in terms of quantity, I estimate that Virtual will have more and more intense promotional activities in the future, on one hand attracting more entrepreneurs to join, and on the other hand attracting more retail investors to participate.
Seen this way, I can better understand why the project team is conducting such intensive series of activities, such as collaborating with KAITO, providing referral codes to participants, encouraging participants to Yap... These activities are not purely about selling the project, but more importantly, attracting ecosystem participants, including both builders and investors.
Additionally, I now understand why the project co-founder once said (roughly), in the future, the points in your hands will not be enough - because in the future, a large number of projects will be launched on the platform, and this "large number" is probably much more than most people imagine.
In this situation, as an investor participating in the project, one must be more cautious and choose projects that one is optimistic about and understands.
If we think further, the project team's ideal is quite grand. To realize such a grand ideal, subsequent financial support is very important. Therefore, I even believe that the team may conduct second and third rounds of financing in the future, and when the project scale reaches a certain level, they might seek top industry venture capitalists for subsequent financing.
