tldr: Make Virgen Points Valuable Again yes on first glance we are reducing the allocation to the virgens from 37.5% to 7%, a 5x reduction but since our genesis launch 4 months ago we have learnt one important thing: we are ready to compete with the best web2 / web3 AI VCs and accelerator the only thing we need to change is the terms: giving more back to the team so they have more skin in the game to build long term the key hypothesis is: if we reduce the allocation (and the float) by ~5x, can we attract teams with 5x higher quality and upside? i hv strong confidence that we can and vevirtual stakers default get 2% of all genesis launches now (on top of defense funds) virgenity
Virtuals Protocol
Virtuals ProtocolAug 18, 20:31
Welcome to New Genesis. One step closer to opening AI’s best projects to everyone, on @base.
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