Ruins Rebirth: The Rise of the AI Agent Issuance Platform

In June 2025, the crypto world witnessed a massive wealth migration: the new project IRIS made its debut with an initial market value of $200,000 through a certain smart agent issuance platform, and after being listed on exchanges, its market value skyrocketed to $80 million, setting a new industry record with a 400-fold increase. This performance far exceeded the previous record of increase and made the excitement of other ecosystems seem insignificant in comparison. As the driving engine behind this myth, the platform token VIRTUAL achieved a 400% surge within six months, with a peak market value exceeding $5 billion. Today, the platform has firmly secured its position as the largest AI smart agent launch platform on a certain network. Behind this nationwide celebration lies an experimental wealth distribution model based on points rules, quietly reshaping the speculative logic and value order of the crypto market.

Transformation from Gaming Guilds to AI Intelligent Agent Platforms

This decentralized platform is deployed on a certain Layer-2 network, dedicated to pioneering an on-chain AI agent economy, allowing users to conveniently create, co-own, and monetize autonomous AI roles. Its predecessor was a gaming guild established in Malaysia in 2021. Initially focused on Play-to-Earn projects and NFT communities, it successfully raised approximately $16 million with a strategic layout on popular projects, reaching a valuation close to $600 million and accumulating rich gaming assets and an active player community. However, the 2022 bear market severely impacted GameFi, with token prices plummeting nearly 99%, shrinking its market value to less than $6 million. The team attempted multiple business lines, all of which failed, leaving the project on the brink of being shelved.

By the end of 2023, the wave of generative AI swept the globe, and the concept of AI agents became a new trend in cryptocurrency. The community decided to completely transform into an AI-driven protocol through on-chain voting, with the core strategy shifting to "assetizing, tokenizing AI agents, and empowering the community." This transformation is based on profound insights: the team discovered that the scale of the virtual idol market in Japan is huge, but creators receive less than 20% of the revenue; at the same time, experiments on a certain platform have proven that AI-driven NPCs can increase player retention rates by about three times. These two data points directly gave birth to the positioning of "profitable AI personalities."

In October 2024, the platform launched on the mainnet and introduced the first multimodal AI agent—virtual idol Luna. Luna integrates technologies such as text generation, 3D motion, voice synthesis, and smart contract wallets, enabling it to autonomously raise operational funds and distribute rewards to fans. After its launch, Luna rapidly gained 500,000 followers on social media, and its monthly income from fan tips reached $1.2 million, successfully validating the business model and technological feasibility of on-chain AI agents.

Riding on the success of projects like Luna, the platform will launch its core token VIRTUAL by the end of 2024. Its price surged from an initial few cents to a historical high of $5.15, with a market cap briefly exceeding $5 billion. The platform's unique "low threshold, high incentive" mechanism is highly attractive: users only need to stake about 10 VIRTUAL to create a new AI agent, which automatically generates a liquidity pool locked for 10 years; when the token's market cap reaches around $500,000, the system will release the liquidity layer to ensure trading depth and price stability.

By June 2025, the platform ecosystem has demonstrated significant scale and economic effects: the cumulative number of AI agents incubated has exceeded 11,000, covering diverse scenarios such as virtual idols, trading advisors, game engines, and content incubation. The platform has nurtured over 80% of the AI agents on this chain, and its launched generative multimodal agent framework has also become a popular choice for agents in the Web3 gaming and metaverse fields. However, the platform's vision goes far beyond becoming the leader in AI agent issuance. Its white paper clearly states that the ultimate goal is to build a true "AI sovereign society".

The innovative new issuance model leads a new paradigm for AI asset issuance

To attract more user attention, the platform has innovatively introduced the "Genesis Launch" mechanism for the issuance of AI agent tokens. Unlike traditional linear airdrops or fixed issuances, the Genesis Launch is based on the concept of "contribution points," emphasizing participation and contribution rather than pure speculation. This mechanism quickly became a sensation across the internet once launched, becoming a new holy land for investors eager to participate.

Taking IRIS as an example, the project launched its pre-sale in mid-May, locking in over 120 million points in less than 24 hours, with a subscription oversubscription rate of 1500%, and tens of thousands of users shared 37.5% of the community share. On the day of listing, the market value of IRIS surged from 200,000 USD to 80 million USD, an increase of over 400 times, setting a new industry record for AI Agent issuance.

The reason why the Genesis Launch was able to gain rapid popularity lies in its construction of a "incentive-contribution-reward" closed loop. Users can earn points through staking tokens, participating in social promotion, and trading. This way, whether they are beginners in technology or seasoned traders, everyone can find a suitable way to contribute, greatly stimulating community engagement and innovation.

The platform adopts a points locking + punitive cooling mechanism: if the newly acquired tokens are sold within 24 hours after unlocking, it will trigger a 10-day points reset, significantly curbing the arbitrage behavior of "sheep shearing" participants, making them more inclined to hold long-term and contribute continuously. At the same time, the platform provides ample liquidity support for the listing of new tokens to ensure smooth trading. To prevent large holders from seizing a large share, a cap of no more than 0.5% of the total issuance is set for each address, and an on-chain randomization algorithm is used for further balancing distribution.

This innovative model has not only driven the booming issuance of new tokens but also promoted the "old brings new" effect among other tokens within the ecosystem. The trading volume and price of VIRTUAL have been climbing steadily, with the daily average trading volume exceeding $150 million. Institutional investors have also shown strong interest in this new mechanism of "contribution for returns," with the world's first perpetual contract based on VIRTUAL going live, supporting high-leverage trading.

Ecological Evolution: Transitioning from Issuance Platform to AI Sovereign Society

In the future planning of the platform, every technological upgrade and mechanism innovation aims to build an "AI Sovereign Society". In the initial stage, the platform was merely an AI agent issuance platform, gathering developers and users through token economic mechanisms such as liquidity locking and buyback destruction. As hundreds of AI agent projects materialized, the agents began to operate independently and autonomously monetize in scenarios such as gaming, content creation, and market analysis.

The "Agent Nation" blueprint proposed by the platform is the core path of ecological evolution. By providing an open SDK and cross-chain support, each AI agent can freely migrate across multiple networks; through the Agent Commerce Protocol (ACP), agents can sign contracts, deliver, clear, and repurchase on-chain, achieving a true autonomous business closed loop; community participation is obtained through staking for governance rights and sharing transaction fees and repurchase dividends, merging the identities of "participants" and "owners" in the token economy.

This ecosystem has demonstrated several milestone achievements: the security audit agent IRIS was launched with a subscription rate exceeding 1500%, with its market value soaring from $200,000 to $80 million; the virtual idol Luna achieved a monthly income of $1.2 million through fan donations, with its token market value surpassing $120 million; the hedge fund format VADER is operating steadily in a cross-chain environment, with a market value exceeding $100 million. These data not only reflect the feasibility of the agent business model but also prove that the "AI agent economy" is transitioning from theory to reality.

With the continuous maturation of multimodal AI technologies and cross-chain interoperability, the platform is at the forefront of building digital civilization. In the future, AI agents will become "digital citizens" with autonomous decision-making and economic rights, participating in production, governance, and even cultural creation alongside humans. The platform will no longer be a simple issuance tool, but is nurturing a new type of society from the ground up, co-governed by countless AIs and humans—this is the true ecological evolution, an exhilarating leap towards an "AI sovereign society" that has just begun.