Virtuals Protocol is heading to Cannes. A beachfront morning with the builders shaping the future of AI × crypto.
Agentic Morning Builders Brunch @EthCC. Co-hosted with @zerion at the Zerion Beach House 📍 Cannes, France 🗓️ June 30 (Mon) 🕛 12:00 PM – 2:00 PM (GMT+2)
@hananyss_ from the Virtuals core team will be on the ground. If you’re building, come find us.
Genesis Update: $VIRTUAL Refunds Now Claimable Refunds for Genesis pledges are now subject to claiming, starting from this update moving forward.
All $VIRTUAL refunds issued from this point on, whether due to failed projects or over-committed pledges, will accumulate in your dashboard and can be claimed manually at any time.
Refund logic: - $VIRTUAL refunds are claimable, not automatically sent. - Refunds are cumulative across projects and do not expire. - Point refunds will continue to be processed automatically.
This update improves transparency and ensures Virgens retain full control over refund activity across all future projects.
To reduce confusion and protect the Virgens, the Verified badge is now applied automatically to official Genesis agent tokens, but only in cases where duplicate or spoofed versions appear.
We’ve seen attempts to manipulate token listings by deploying agents with identical or misleading names. The Verified badge is used solely to clearly distinguish the real agent when impersonation or duplication occurs.
This is not a manual or request-based process. Badges are applied only when necessary to prevent confusion or abuse.
If there’s a risk of confusion, we’ve got your back.
Note: Verified badges apply only to pre-launch Genesis agents, to prevent confusion before an agent token is live.
1/ Virtuals Monthly Update May 2025 TLDR: Genesis launched with momentum, but success was never taken for granted. We knew momentum alone wouldn’t be enough. So we shipped. Every day.
May was the first full month of Genesis: stabilization, refinement, and defense. 16+ major updates in 4 weeks. Not patches, foundation upgrades. If you’re building fair systems, or trying to understand what it takes, start here: 🧵
Genesis Update: Dedicated Claim Buttons for Genesis and Airdrop Allocations
To improve clarity and convenience for our Virgens, we’ve updated the claim interface.
Starting tomorrow, you’ll see dedicated claim buttons for Genesis and Airdrop allocations (if eligible).
For Virgens who accidentally sold their I.R.I.S. airdrop allocation, we’re offering a one-time buyback window. Although the UI/UX distinguished between Genesis and airdrop allocations, the single unified claim button may have caused confusion.
To preserve your airdrop eligibility, you must buy back at least the same amount of I.R.I.S. tokens you sold from your airdrop allocation before the snapshot deadline.
Snapshot Deadline: June 14, 11:30 AM SGT / 03:30 AM UTC
As always, we’re working to make Genesis more intuitive, more fair, and more Virgen-friendly.
As the I.R.I.S. launch heats up, we expect misleading assets to emerge.
Do not buy, trade, or interact with any token claiming to be I.R.I.S.
Only engage once the verified contract is listed on Virtuals Protocol or shared directly by the protocol or its core contributors.
We’ve already detected unverified I.R.I.S. tokens being airdropped. To protect Virgens and reduce gas costs, the official I.R.I.S. airdrop will be claimable directly through our website.
We also recommend keeping a small amount of ETH in your wallet to cover gas fees when interacting with the verified agent token.
If it’s not visible on Virtuals Protocol, it’s not real.
A project has recently launched on Virtuals that closely replicates the branding and naming of the original I.R.I.S. launch. Some Virgens have mistakenly bid Points and $VIRTUAL on this project.
As a permissionless and decentralized platform, Virtuals Protocol does not censor or remove projects unless they violate fundamental terms. However, given the rise of new participants and in light of recent confusion, we are issuing a one-time full Points refund to wallets that bid on the duplicate I.R.I.S. project.
Please note: •Only Points will be refunded. •$VIRTUAL will not be refunded, as it is difficult to determine transaction intent with precision.
We strongly advise all Virgens to DYOR (Do Your Own Research) before participating in any launch. Always verify project details through official sources, and stay vigilant.
Virtuals will continue to support a fair, open launch environment while taking selective measures to protect ecosystem trust.
A project has recently launched on Virtuals that closely replicates the branding and naming of the original I.R.I.S. launch. Some Virgens have mistakenly bid Points and $VIRTUAL on this duplicate project.
As a permissionless and decentralized platform, Virtuals Protocol does not censor or remove projects unless they violate fundamental terms. However, given the rise of new participants and in light of recent confusion, we are issuing a one-time full Points refund to wallets that bid on the duplicate I.R.I.S. project.
Please note: •Only Points will be refunded. •$VIRTUAL will not be refunded, as it is difficult to determine transaction intent with precision.
We strongly advise all Virgens to DYOR (Do Your Own Research) before participating in any launch. Always verify project details through official sources, and stay vigilant.
Virtuals will continue to support a fair, open launch environment while taking selective measures to protect ecosystem trust.
Together with @LongHashVC, @snzholding, @virtuals_vc , and @AWSstartups, we’re hosting an afternoon for developers, researchers, and investors exploring the frontier of AI × crypto.
🔹 Opening keynote by @ethermage 🔹 Panel: AI-Powered Synthetic Worlds 🔹 How agents and onchain systems reshape trust in synthetic worlds
Genesis Update: Bug Fix & Reminder on Agent Authenticity
- Virgens affected by the $WBUG unlock extension bug have been removed from TP Cooldown and compensated as of last night.
- As a permissionless platform, any project can launch through Genesis. But that also means some may mimic past hackathon entries or known agent names. Always DYOR: a familiar name doesn’t guarantee it’s from the original creator. If unsure, check official posts or ask in the community. Stay SAFU.
Genesis Update: Claim Feature Back Online The site is now back online and fully operational. Virgens can view their claimable amounts, and all unused Points and $VIRTUAL have been refunded.
Refunds and Adjustments Completed: A previous glitch caused some wallets to receive excess Points, which were then used to over-pledge. The surplus has been clawed back, and all pledges have been recalibrated to reflect accurate balances. Claimable tokens are now fully aligned with corrected data.
Understanding Allocation Sizes: Certain Genesis launches saw participation from over 9,000 wallets. Allocations are proportional, the more Points you pledged, the more allocation you receive. If your claim feels smaller than expected, it’s not an error, but the outcome of a highly competitive pool with broad participation.
We’ll continue to monitor the experience and make improvements to ensure Genesis remains fair, consistent, and transparent.
Genesis Update: Point System Sync A recent glitch caused temporary discrepancies in Genesis Point balances for a subset of wallets. This issue has now been resolved.
Point Sync Completed: All impacted balances have been updated to reflect accurate point states. The system is now operating as intended.
Pledge Usage Adjustments Underway: Some wallets pledged into Genesis projects using the temporary imbalance. Refunds and adjustments are in progress to ensure fair alignment.
Bug Bounty Compensated: We’ve issued rewards to community members who responsibly flagged the issue. Your vigilance helps strengthen the protocol.
Our priority remains maintaining fairness, clarity, and integrity in Genesis. We’ll continue to refine the system and share further updates as adjustments complete.
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