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Virtuals Introduces Unicorn Model, Gradually Replacing Genesis Point System
Summary: In a recent announcement, Virtuals revealed the launch of a new startup model called Unicorn, which shifts focus from the previous Genesis model's emphasis on fairness to early beliefs and long-term value. Each Unicorn project starts at a low valuation, allowing early participants to gain asymmetric returns. The founding team only receives funding as the ...
In a recent announcement, Virtuals revealed the launch of a new startup model called Unicorn, which shifts focus from the previous Genesis model's emphasis on fairness to early beliefs and long-term value. Each Unicorn project starts at a low valuation, allowing early participants to gain asymmetric returns. The founding team only receives funding as the project grows, ensuring responsibility and long-term development. The launch process includes creation stages, early trading stages, and a transparent team allocation mechanism, along with anti-brushing mechanisms and ecosystem airdrop rewards for VIRTUAL holders and active community members. The Unicorn model will gradually replace the Genesis point system, with reward mechanisms shifting from points to VIRTUAL staking and ecosystem activities. Each Unicorn Launch will allocate 5% of the total supply to true community members: 2% to VIRTUAL stakers and 3% to active Virtuals ecosystem participants.
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