I've been trying out @virtuals_io for the last month for the Virgens points system. Here are my honest takes:
General thoughts
- You need a decent chunk of capital to get started and for it to be worthwhile.
- I played around with a few different account sizes and taking bigger swings is more worth it.
Good
- The seller jail is actually really good for the projects. Even after unstaking, you need 14 days to get the tokens. Lots of "rails" to maintain loyalty.
- The virtuals team keeps bringing twists on existing meta's and +1s it while shipping fast.
Bad
- Website performance is terrible. Things are slow, transactions keep failing, things are not displaying properly. Had similar issues before and it's still a struggle.
- The allocations for low points is not super useful, why would anyone want to invest 4 cents to make $1 and then go to jail for selling $1 lol
- Holding seems like it's not really worthwhile vs just trading for points, yapping, and holding everything to jeet once you get ROI.
Is it good for making money?
- You're probably too late now..? Feels like a house of cards atm.
- I'd recommend at least 5k-10k if you want to take it seriously.
What I'd recommend
- It's going to be about content acquisition and why someone should launch on virtuals vs somewhere else. I actually think Virtuals is better than believe.
- I think them getting out of the AI agent vapourware wave will be useful. It's actually a pretty fun gamification on presales in general.
- Get web2 talent to come build using the attention + capital that the platform can generate.