Latest news with #Virtuals
Business Insider
01-07-2025
- Business
- Business Insider
LazPad Launches Play-to-Launch Platform, Revolutionizing AI Agent Creation with Dynamic DATs
LazAI proudly announces LazPad, a transformative platform that reimagines AI agent launchpads by fusing the structured innovation of Virtuals with the spontaneous, memetic energy of Born to launch and built to play, LazPad introduces a co-creative ecosystem where AI agents, powered by dynamic Data Anchoring Tokens (DATs), grow through playful user engagement, shaping the future of decentralized emotional data economies. A New Paradigm for AI Assetization LazPad merges the pioneering AI agent launchpad model of Virtuals with instant token creation on Solana, addressing a critical gap in today's market: lasting value driven by real, playful engagement. Unlike hype-fueled platforms, LazPad empowers users to shape AI agents through every interaction, where memes, emotions, and community input fuel what gets minted. Every click is data, and every action builds value, redefining AI-powered launch culture. Pad + Fun: The Heart of LazPad LazPad's philosophy is rooted in two core principles: Pad: A secure, structured pipeline for assetizing AI agents, emphasizing quality control and community input. Fun: A design focused on play, experimentation, and emotional bonding before monetization. Together, these principles create a launchpad where AI agents evolve through meaningful, viral interactions. Internal AI Blockchain Economy Powered by LazAI, LazPad is the cornerstone of an AI and blockchain internal economy, enabling users, projects, and stakeholders to co-create and shape AI experiences. This is not just about using AI but actively participating in its growth and evolution through a system where every interaction matters. The DAT is central to this vision, bringing dynamic, memory-aware assets to life. LazPad's three zones reflect its Pad + Fun philosophy, guiding creators and users from discovery to assetization: Premium Launch (Curated Assetization Zone): A permissioned space for high-quality AI agent projects with technical clarity, autonomy, or strong community consensus. Enhanced by LazAI's task and point systems, this zone delivers vetted, high-trust launches backed by rigorous standards and deep user engagement. Open Launch (Permissionless Assetization Zone): A welcoming space for all builders, offering low-barrier assetization with a Price Unlock Mechanism to curb volatility. If an asset fails to meet its target price, no additional tokens are released, ensuring responsible development and user confidence while fostering open innovation. Explore Zone (Pre-Assetization Playground): LazPad's standout feature, this discovery space lets users interact with unminted, untested AI agents (DATs) full of potential. Users complete missions, earn points, and shape DATs through real decisions, while creators collect feedback to decide which agents graduate to Open or Premium Launch. This build-in-public approach proves value through play. Meet the DAT: A Living AI Asset The Data Anchoring Token (DAT) is LazAI's cornerstone innovation—a semi-fungible token standard that's dynamic, memory-aware, and deeply interactive. Each DAT encapsulates: AI agent code and logic Task and interaction history Emotional and behavioral metadata DATs evolve through user interaction, with memory, logic, and onchain licensing that enable verification, trading, and composition into real value. In the DAT Marketplace, users can trade, license, fuse, and build with these living AI assets, co-creating value before assetization. Users can mint a low-cost Companion DAT on LazAI. A Companion DAT is a unique digital creature with its own look, personality, and story. Through daily chats, adventures, memory formation, social missions, and trait evolution, users grow their Companion DAT into a tradable digital companion. Key mechanics include: Chatting: Builds bonds and earns growth points through messages, with packs purchasable or unlocked via events. Exploration: Sends Companions on journeys, returning with rewards, stories, or collectibles. Memory Systems: Creates a personal memory library, expandable or resettable by users. Social Missions: Unlocks shared rewards by inviting friends to adopt Companions. Trait Evolution: Shapes the Companion's behavior and traits based on user interactions. Fully grown Companion DATs can be traded on the DAT Marketplace, complete with memory logs, personality stats, and adventure history. System features include: Interest Rewards: Staking Metis spent on DATs into validator nodes for user yield. Scarcity Management: Balancing the ecosystem with rare Companion DATs featured in auctions. Users can also mint other DAT types, such as AI girlfriends, pet animals, or novel creatures with evolving personalities. Fix the Glitch with Corrupted Alith Corrupted Alith, a rogue AI blending fact and fiction, invites users to interact, contribute data, and restore clarity, generating their own DATs in the process. This engaging experience highlights LazPad's ability to make AI interaction fun and impactful. Triple-Layered Incentives LazPad rewards participation on three distinct levels: Instant Gratification: Points, leaderboard status, and token rewards(Metis, etc.) for daily engagement. Assetization Eligibility: Early contributors receive privileged access when DATs get assetization. Ecosystem-Wide Rewards: Global contribution across DATs and Agents impacts future value capture and airdrops. Unlike hype-driven cycles, LazAI offers a slower but deeper path to value rooted in user interaction, shared memory, and verifiable contribution. Why LazPad is Unique LazPad stands apart by: Growing AI agents through play before trading Empowering users to co-create next-generation data assets Redefining fun through meaningful, gamified engagement More than a launchpad, LazPad is the infrastructure for building decentralized emotional data economies where human-machine interactions shape value. It challenges corporate-controlled AI models by enabling anyone to align AI with their data, train personal models at minimal cost, and share in the value created. Welcome to LazPad LazPad is the playground where the next data economy begins. By blending Virtuals' structured innovation with memetic spontaneity, LazPad invites users to co-create the future of AI agents. Born from LazAI's vision, LazPad empowers users to bond with AI agents, decide what becomes valuable, and shape the decentralized emotional data economy. Carson
Business Mayor
26-05-2025
- Business
- Business Mayor
Breaking down VIRTUAL's 13% daily surge: Is $2.44 next?
VIRTUAL surged 13.25%, hitting a four-month high. Virtuals protocol makes a bullish crossover from two fronts as momentum strengthens. After reaching $2.24 three days ago, Virtuals Protocol [VIRTUAL] faced strong rejection. The altcoin retraced to a low of $1.83. However, over the past day, VIRTUAL has successfully retested $1.8 support and rebounded to hit a 4-month high of $2.25. In fact, as of this writing, VIRTUAL was trading at $2.24. This marked a 13.26% increase over the past 24 hours. Over the same period, the altcoin's volume has surged by 69.16% to reach $329.34 million while the market cap was up $13.18%, hitting $1.44 billion. A surge in price alongside volume and market cap signals strong demand for an asset. As such, VIRTUAL was experiencing significant demand across all market participants in both spot and futures markets. Source: Coinalyze For starters, d emand in the spot market remains strong, with buyers dominating over the past day. VIRTUAL buyers have accumulated 5.18 million in volume, creating a positive market imbalance of 403K compared to sellers. The same trend extends to the Futures market, where VIRTUAL's Open Interest has surged 18.83% to $237 million, according to CoinGlass data. This sharp increase suggests that investors are heavily favoring futures contracts. Source: CoinGlass VIRTUAL's long and short data reveal that most Futures investors are favoring long positions. At press time, longs accounted for over 50% of all futures contracts, with the Long-to-Short Ratio exceeding 1, while shorts held 49% of total Futures. This preference for long positions is further supported by VIRTUAL's Funding Rate remaining positive across major exchanges. When longs dominate the market, it signals widespread bullish sentiment, with investors expecting prices to climb further in the near term. Source: Coinalyze Is VIRTUAL set for a sustained uptrend? According to AMBCrypto's analysis, the coin was currently experiencing a strong upward momentum amid rising demand. This strong upward momentum is evidenced by the fact that VIRTUAL has made bullish crossovers across two fronts. Over the past day, the altcoin's Stoch RSI made a bullish crossover, rising to 50. A crossover here suggests that the momentum to the upside is strong and is very likely to continue. Source: TradingView This upside momentum was further confirmed by another bullish crossover that emerged on VIRTUAL's RSI. A move to the upside here suggests that buyers have taken control of the market, thus displacing sellers in the market. RSI has surged to 66 with its MA sitting at 62. These crossovers pointed out that demand has strengthened the uptrend, and VIRTUALl could make more gains. Therefore, based on the above observation, if the trend continues with bullish sentiments persisting, the altcoin will find the next significant resistance around $2.44. Conversely, if the attempt by Bulls fails with sellers starting to realize a profit, a pullback will see VIRTUAL drop to $1.92.
Yahoo
15-04-2025
- Business
- Yahoo
Kava Labs' Scott Stuart: Decentralized AI Delivers Real Value, Not NFT Style-Hype
Artificial Intelligence tokens have long-term staying power and won't be another crypto fad like non-fungible tokens (NFTs), even though the industry has already seen its share of flops, Kava Labs co-founder Scott Stuart said in an interview with CoinDesk. "We had this first AI wave, but that wave was projects like Fetch saying, 'We're going to do a merger,' but producing nothing from it, or projects like Virtuals or AI16z, initially doing well, then dropping off by 80% or 90%. It was an unhappy outcome," Stuart told CoinDesk in an interview. Market data shows that since January, Virtuals, the native token of the AI-related Virtuals Protocol, is down nearly 85%. FET, the token of the artificial intelligence alliance, is down 60%. KAVA, for its part, is fairing reasonably well, down 5%, beating the CoinDesk 20, a market index, which is down 29%. Kava didn't start as an AI project. Initially known for Cosmos-based decentralized finance (DeFi), began as just another DeFi project, but pivoted to decentralized AI as a differentiator amidst ongoing crypto market consolidation. Since its pivot, Kava has shipped its Kava AI platform and marketplace, a blockchain-native chatbot resembling ChatGPT powered by DeepSeek's R1 large language model, the autonomous AI agent Oros, and decentralized GPU infrastructure. Stuart said this pivot was necessary because altcoins face increased challenges without a compelling narrative, making decentralized AI's clarity and value proposition critical. "Unlike speculative bubbles such as NFTs, decentralized AI's fundamental utility ensures its resilience. NFTs or similar trends are essentially memes built on top of memes. Anything that's beta to meme coins will inevitably rise and fall with hype cycles," he said. The company is building a decentralized artificial intelligence (AI) infrastructure designed to be auditable, transparent, and open-source. Given its performance compared to the rest of the market, clearly, they are onto something. 'When you look at AI as a technology, it's just another way for corporations to present you information," Stuart said. "With OpenAI, there's a secret sauce component, and at any point in the future, they can tweak that model to serve you what they want.' Stuart argues that the stakes are substantial in separating AI from this black box as technology becomes increasingly integral to daily life. 'Closed-source AI can tweak models in ways you can't see. You don't know if it's optimized for your benefit or a company's or even a nation-state's interest,' he said. And he's not the only one that has these concerns. In an earlier interview with CoinDesk, Simon Kim, CEO of South Korea's Hashed, the country's leading web3 fund, said closed-source AI has made a 'God' from a machine. Its inner workings remain unknown and incomprehensible, but it has established itself as a pillar of society. In contrast, Kava Labs promotes an "open-weight" approach, allowing anyone to verify AI model parameters, much like Ethereum's transparent smart contracts. Recognizing how regulators increasingly view AI transparency as a strategic U.S. interest, Stuart sees an opportunity to build decentralized AI infrastructure that's certifiably 'made-in-the-U.S.A.' and backed by open-source funding initiatives. "During the last administration, the trend was toward offshoring everything," he said. "Now it seems they're serious about reversing that, and we're using this shift as an opportunity to strengthen U.S.-based infrastructure." And underneath this infrastructure will be open source technology. "The future of AI isn't corporate-controlled," he concluded. "It's open, transparent, and decentralized. Kava aims to lead this transformation." Sign in to access your portfolio
Associated Press
26-02-2025
- Business
- Associated Press
STIX to Serve as Crypto Launchpad for Global Esports Projects Amidst AI Partnership with Virtuals Protocol
02/25/2025, Denver, CO // KISS PR Brand Story PressWire // STIX, the Web3 platform for meme promotions and competitions, has revealed plans to onboard established esports teams to the crypto industry through tailored meme competitions. In doing so, STIX will also enrich their presence in crypto with AI agents powered by Virtuals. STIX is leveraging its proprietary crypto meme competition structure to work with brands and IP partners wanting to enter the blockchain industry. The first of such collaborations will be a global esports team that will work off the STIX platform to develop meme NFTs and memecoins using its reputation and community. Existing STIX community members will get early access to such campaigns. Meanwhile, more esports teams are understood to be in queue following the completion of the initial collaboration. Attracting diverse IP partners has been a tactic that benefited Stickerly, the Web2 legacy platform of STIX that boasts over 400 million global lifetime users and over 20 million monthly active users. The likes of Coca-Cola and Netflix have used Stickerly to distribute meme stickers around the world, and the convergence of meme distribution and crypto in a bull market is becoming an increasingly attractive proposition for many brands. On the other hand, AI is another narrative that is strengthening its grip by the day, and many brands are interested in experimenting with both crypto and AI where possible. It is therefore convenient for these IP partners that STIX has a partnership with Virtuals dating back to last year when the STIX AI agent and the Luna agent of Virtuals successfully completed the first AI agent-to-agent commercial transaction for a meme. Building on that relationship, STIX and Virtuals are now partnering to develop the first ever esports agent that will be born out of the STIX esports token initiative. The new IP partnership strategy - starting with the esports campaign - accompanies a major product update as STIX relaunches its platform with a brand new competition design. Further developments on these events will be announced by the STIX team via the official account on X.
Yahoo
22-02-2025
- Business
- Yahoo
This 1 New Cryptocurrency Category Could Send Solana to $300 or More
With the price of Solana (CRYPTO: SOL) falling to nearly $163 on Feb. 18, investors are right to assume it'll take a powerful cocktail of catalysts and new tailwinds to send its price back up toward $300. Something like a totally new category of cryptocurrency investments finding its home on the chain would probably do the trick. And there's evidence that such a new category is emerging, with Solana as one of the quickly developing hotspots of activity within the segment. But what is this new trend, and is it investable? Let's dissect this trending group of projects and determine how it affects the case for buying Solana. Solana saw more than $6.2 billion in trading volume in the 24-hour period ending at roughly noon on Feb. 18. Given that it's the chain of choice for ill-fated investors to gamble on meme coins, that volume isn't too surprising. But it's also one of the leading chains in infrastructure projects for artificial intelligence (AI) on the blockchain, which is a relatively new segment of the cryptocurrency sector. Such infrastructure projects aim to create automation-friendly interfaces that enable AI agents to hold capital, transact, and potentially even launch coins of their own. The catch is that there haven't really been any such AI agents with a demonstrated use case that would be sufficient to drive investors to buy Solana itself, at least not yet. Nonetheless, there have been AI agents launched recently without a demonstrated use case -- which is to say, there are now AI agents that are essentially also meme coins. And that's the emerging segment that could drive huge returns to investors in Solana, even if it's a fairly frivolous endeavor. With the advent of the Virtuals Protocol (CRYPTO: VIRTUAL) and other infrastructure coins that make it easy for developers to create new AI agents on the chain, as of early 2025, there are already a handful of AI agent meme coins, and their capabilities will probably surprise you. Some agents (many of which are not launched from Virtuals) maintain 24/7 live streams with a digital avatar, interacting directly with any users via chat and soliciting tips in exchange for further interaction with or promotion of the user's project on social media. Others create rudimentary works of art, entertaining memes, and even music. More than one of these AI agent projects has opted to launch additional meme coins to cash in on their own popularity. These capabilities will only get more advanced over time, though it's unclear exactly what the endgame is for the agents generating value for those who hold their tokens. Excitingly for Solana holders, 1% of all trading fees incurred as a result of AI agents launched from Virtuals will be reinvested into Solana, which will provide some buying pressure for the coin over time. Other AI agent or AI infrastructure projects may opt for similar policies to ensure the chain benefits users directly, but it's too early to expect that just yet. If the category takes off aggressively in the near future, and it probably will, the tailwind for the chain will be even stronger. AI agent meme coins are a positive development for the Solana ecosystem, and they support part of the investment thesis that the coin will be a home for AI on the blockchain. But that doesn't mean you need to invest in them directly. Like all meme coins, they aren't investment grade, and there's a lot they would need to do to prove otherwise. They're simply too risky, and most see their prices trend toward zero promptly after launch. Instead, the move here is to invest in Solana and hold it long enough for this trend to play out. A couple of years should do, but it's very possible that the coin's price will rise above $300 this year as well, thanks to a handful of positive tailwinds currently in play. If AI agents with no defined purpose except to entertain humans continue to develop into a fully fledged category within cryptocurrency, right now, it looks like Solana would be the home for the majority of that activity. That will drive more demand for the coin directly in addition to community-friendly policies, like reinvesting the gains from AI agent coin trading volume. There's no need to take big risks here. If the next Elvis Presley is an AI, you'll hear about it with more than enough time to invest and be early. Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $823,858!* Now, it's worth noting Stock Advisor's total average return is 917% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of February 21, 2025 Alex Carchidi has positions in Solana. The Motley Fool has positions in and recommends Solana. The Motley Fool has a disclosure policy. This 1 New Cryptocurrency Category Could Send Solana to $300 or More was originally published by The Motley Fool Sign in to access your portfolio
