Taking advantage of the gaps between meetings with the client and a few friends, I will briefly write down my thoughts on the @virtuals_io ecosystem. I won’t talk about the gameplay guide as too many people have written about it.

The original intention of the Genesis launch was to exchange points for whitelist access, and points can primarily be obtained through the following methods:

1. Staking $virtual native currency.

2. Holding tokens from certain projects as a diamond hands investor.

3. Trading volume (hence some call it the small Binance alpha).

4. Producing content on Twitter.

Now, I will outline several issues with this mechanism, which are also bottlenecks for @virtuals_io:

- 35% of the tokens were given to the community, and 15% went into the liquidity pool. The project team mostly consists of novices who do not understand token control, resulting in a very dispersed distribution of tokens.

- The “point cost - oversubscription multiple - opening market value” is too easy to calculate. The community consensus is focused on this calculation, which I won’t elaborate on further. You can refer to the tweets of actuaries like @0x0xFeng and @0xMapleH. This leads to a regression model that is too simple, with no assets breaking the ceiling.

- Most of the project's funding comes from transaction fees rather than token sales, and the main sources of transaction initiators are:

1. Real traders.

2. Points Farmers.

They will all choose $solace due to the leader effect, and because it corresponds to a deep liquidity pool with low slippage.

- However, the @solacelaunch project, aside from having endorsements from UC Berkeley and the official Virtual hackathon, only has an understanding of token control and market conditions at the level of students outside the industry.

- Therefore, apart from the leaders, many other projects have become vehicles for ve33, and they are also low control, virtual currency benchmarks, resulting in extremely low buying interest.

- Once the model is formed, what virtual attracts will not be the small players in the Solana trenches, but rather the experienced DeFi farmers playing ve33.

The way to break the deadlock is very simple:

1. Find a Virtual native, crypto native project. (Instead of other VC projects disguised as agents, as their goal is to sell off)

2. Pull to flip $solace, at least forming a dual leader pattern.

3. Deepen the liquidity pool to facilitate larger players and farmers to enter and exit.

4. Coordinate product delivery to raise it sufficiently high to attract external trench players.

With the presence of outliers, a new valuation model can emerge, providing more space for competition.

Please stop saying phrases like “a good product will speak for itself.” @virtuals_io itself pivoted from gamefi to Agent launchpad, and should know that attention in the crypto world lasts no more than three minutes, and players' thresholds are long gone.

That's all. I am overwhelmed with emotion and do not know what else to say (laughs).