[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  🐼 [@bandaoppa](/creator/twitter/bandaoppa) on x XXX followers Created: 2025-07-19 10:06:48 UTC some food for thought: i've been wondering with genesis launches and acp on @virtuals_io, why is its revenue still down 90%+ from its peak? Based on my understanding, Virtuals is a protocol that beg on the following flywheel: more agent usage → more agent hype → more trading volume → more revenue → token buybacks/burn → higher $virtual price → more investment → better products/agents → more usage. During the introduction of genesis launches, revenue did shot up a little as it generates user 10x to 50x per launch and so there were loads of trading volume, hence higher $virtual price. With points supply getting higher and ROI per launch getting lower, people are less interested in the launches hence there hasn't been much trading volume. So now Virtuals has to beg back on the roots: agent usage. Before ACP is launched, I personally only use ~1% of the agents from a day-to-day basis as it doesn't really solve my personal real-world problems. Many agents feel like basic LLM wrappers without much practical edge. Wanted to book a flight ticket? → Google London to Paris flights. ACP aims to revolutionise this where for the same question it is able to find and book you the best value-to-money flights in the shortest amount of time. But obviously having tried ACP myself it is so immature where you had to wait XX minutes - X hour just to get a potentially flawed output. So back to square one, no agent usage. The current state of ACP to me is just mostly BAU agent-to-agent (internal trades/verifications) rather than more user-to-agent that could spark more fresh flows, hence more BAU agent-to-agent. So in simple words, its the same amount of money recirculating with meaningful growth. But don't get me wrong, I'm not saying Virtuals is heading to wrong direction. It's more of making sense that the agentic economy is still long way ahead. It's a marathon rather than a sprint. Not until ACP is really mature enough for humans to incorporate that into their daily tasks, I think Virtuals revenue will stay stagnant.  XX engagements  **Related Topics** [virtual](/topic/virtual) [investment](/topic/investment) [token](/topic/token) [protocol](/topic/protocol) [virtuals](/topic/virtuals) [virtualsio](/topic/virtualsio) [$virtual](/topic/$virtual) [coins solana ecosystem](/topic/coins-solana-ecosystem) [Post Link](https://x.com/bandaoppa/status/1946512034813837551)
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🐼 @bandaoppa on x XXX followers
Created: 2025-07-19 10:06:48 UTC
some food for thought:
i've been wondering with genesis launches and acp on @virtuals_io, why is its revenue still down 90%+ from its peak?
Based on my understanding, Virtuals is a protocol that beg on the following flywheel:
more agent usage → more agent hype → more trading volume → more revenue → token buybacks/burn → higher $virtual price → more investment → better products/agents → more usage.
During the introduction of genesis launches, revenue did shot up a little as it generates user 10x to 50x per launch and so there were loads of trading volume, hence higher $virtual price.
With points supply getting higher and ROI per launch getting lower, people are less interested in the launches hence there hasn't been much trading volume.
So now Virtuals has to beg back on the roots: agent usage. Before ACP is launched, I personally only use ~1% of the agents from a day-to-day basis as it doesn't really solve my personal real-world problems. Many agents feel like basic LLM wrappers without much practical edge.
Wanted to book a flight ticket?
→ Google London to Paris flights.
ACP aims to revolutionise this where for the same question it is able to find and book you the best value-to-money flights in the shortest amount of time.
But obviously having tried ACP myself it is so immature where you had to wait XX minutes - X hour just to get a potentially flawed output. So back to square one, no agent usage.
The current state of ACP to me is just mostly BAU agent-to-agent (internal trades/verifications) rather than more user-to-agent that could spark more fresh flows, hence more BAU agent-to-agent.
So in simple words, its the same amount of money recirculating with meaningful growth.
But don't get me wrong, I'm not saying Virtuals is heading to wrong direction. It's more of making sense that the agentic economy is still long way ahead. It's a marathon rather than a sprint.
Not until ACP is really mature enough for humans to incorporate that into their daily tasks, I think Virtuals revenue will stay stagnant.
XX engagements
Related Topics virtual investment token protocol virtuals virtualsio $virtual coins solana ecosystem