Ethereum and Virtuals join hands to launch IRIS, an AI smart contract audit agent on Ethereum. The profit is more than 500 times?

Recently, the Ethereum Foundation reposted a post about the AI agent launch platform Virtuals Protocol on the Base chain, hinting at potential collaboration. It is understood that the first collaborative project, UndercoverIRIS, is working with Nethermind, led by Ethereum Foundation Executive Director Tomasz Stańczak. UndercoverIRIS is an AI-driven Web3 smart contract audit agent that, with technical support from the Ethereum core team, may break the crypto's current situation where AI agents are seen as mere hype without practical use cases. If the token reaches $100 million, the estimated return is expected to exceed 500 times. According to sources, the first collaboration between Ethereum and Virtuals Protocol will be IRIS (UndercoverIRIS), backed by Nethermind, a developer and researcher community on Ethereum. IRIS is an AI-driven Web3 smart contract audit agent that scans smart contracts, identifies vulnerabilities, and provides actionable remediation measures. Nethermind, which might be unfamiliar to non-developers, was founded by Tomasz Stańczak, a core Ethereum member. In March, the Ethereum Foundation announced that Taiwanese blockchain expert Hsiao-Wei Wang and Tomasz Stańczak would serve as co-executive directors. It is understood that the IRIS token will be launched through Virtuals' Virgen point system. The token will be launched on the ETH mainnet, with 50% of tokens allocated to the Ethereum community and no team token allocation. Presale participants will subscribe to $IRIS at an estimated valuation of around $200,000. If $IRIS reaches a market cap of $100 million, it would represent a 500x return. Additionally, according to @ethermage's post, the Virtuals team is attempting to support AI agents on ETH Layer 1, noting that while both are EVM, the community and capital styles of Layer 1 and Layer 2 are completely different. Risk Warning: Cryptocurrency investments carry high risk, with potentially significant price volatility. You may lose your entire principal. Please carefully assess the risks.