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Performance

Live VIRTUAL/INR Price

₹96.99

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2.07%

Price Changes

₹2.007693

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2.07%

24h Low

₹91.12

24h High

₹99.76

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VIRTUAL

VIRTUAL

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What is Virtuals Protocol (VIRTUAL)?

Virtuals Protocol is a decentralized platform designed to empower virtual economies within the metaverse. By leveraging blockchain technology, Virtuals Protocol enables the creation, tokenization, and trading of virtual assets, including NFTs, in-game items, and virtual real estate. The VIRTUAL token serves as the native crypto of the ecosystem, facilitating transactions, governance, and staking rewards.

 

Who founded Virtuals Protocol?

Virtuals Protocol was founded in 2023 by a team of blockchain and metaverse enthusiasts including Prakash Somosundram, Colin Choo, Christopher Johnson, and Matthew. The project focuses on enhancing the metaverse experience through blockchain-based virtual asset management and trade.

 

Primary features of Virtuals Protocol (VIRTUAL)

• Asset creation: Provides tools for creating and tokenizing virtual assets, such as NFTs and virtual real estate.

• Marketplace: A decentralized marketplace for trading virtual assets.

• Interoperability: Connects multiple metaverse ecosystems for seamless asset usage.

• Governance: VIRTUAL token holders can vote on platform updates and decisions.

 

Is VIRTUAL a promising cryptocurrency?

Virtuals Protocol taps into the rapidly growing metaverse economy, offering infrastructure for virtual asset creation and trading. Ranked among the top 100 cryptos by market cap, VIRTUAL has significant growth potential as virtual economies and the metaverse continue to expand. Analysts see Virtuals Protocol as a key player in enabling virtual asset monetization and interoperability across metaverse platforms.

The current price of Virtuals Protocol (VIRTUAL), as of 3 February 2025, is ₹122. You can buy VIRTUAL from crypto exchanges like CoinSwitch.

 

How do I use Virtuals Protocol (VIRTUAL)?

• Virtual asset creation: Create and tokenize NFTs, in-game items, and virtual real estate.

• Marketplace trading: Buy, sell, and trade virtual assets on the platform’s marketplace.

• Governance: Participate in platform decision-making by voting with VIRTUAL tokens.

• Staking: Stake VIRTUAL tokens to earn rewards and support the ecosystem.

Pros & Cons of Virtuals Protocol (VIRTUAL)

Pros

• Facilitates virtual asset creation and trading within the metaverse.

• Interoperable with multiple metaverse ecosystems.

• Offers staking and governance opportunities for VIRTUAL holders.

Cons

• Faces competition from other metaverse-focused blockchain projects.

• Adoption depends on the growth and integration of metaverse platforms.

• Market volatility due to its niche focus on virtual economies.

How to trade VIRTUAL on CoinSwitch

• Start investing in VIRTUAL with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for all users.

• Easily manage your transactions and portfolios on the app.

Virtuals Protocol (VIRTUAL) ICO summary

Virtuals Protocol (VIRTUAL) is an AI and Metaverse protocol that enables AI agents to be co-owned and tokenized, expanding their revenue potential across applications via blockchain. The native token, VIRTUAL, has a total supply of 1 billion tokens, allocated as follows: 60% for public distribution, 35% to the ecosystem treasury, and 5% for liquidity. The Initial Exchange Offering (IEO) took place from May 14 to May 15, 2024, on Gate.io Startup, with a sale price of $0.03 per token, raising $60,000. VIRTUAL tokens are utilized within the ecosystem to facilitate interactions between AI agents and the Metaverse, serving as the infrastructure layer for co-owned, human-curated, plug-and-play gaming AIs. 

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FAQ's

1. What types of virtual assets can I create on Virtuals Protocol?

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On Virtuals Protocol, you can create and tokenize various virtual assets, including NFTs, in-game items, and virtual real estate. The platform provides tools for creating these assets, allowing users to monetize their digital creations.

 

 

2. How does the Virtuals Protocol marketplace work?

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The marketplace is a decentralized platform where users can buy, sell, and trade virtual assets. Whether you’re looking to purchase NFTs, in-game items, or virtual land, you can do so with ease, leveraging the VIRTUAL token for transactions.

 

 

3. What are the benefits of staking VIRTUAL tokens?

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Staking VIRTUAL tokens allows users to earn rewards while supporting the protocol’s ecosystem. It also enables participation in governance, where token holders can vote on platform upgrades and decision-making processes.

 

 

4. Is Virtuals Protocol a good investment?

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With the metaverse economy growing rapidly, Virtuals Protocol offers a promising infrastructure for virtual asset creation and trading. However, like all niche-focused projects, its success depends on the adoption of its platform and the broader expansion of the metaverse. As such, it presents both opportunities and risks.

Highlight

Virtuals Protocol (VIRTUAL) is a blockchain-powered ecosystem that facilitates virtual asset creation, management, and trading, unlocking new opportunities in the metaverse economy.

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Price Statistics

VIRTUAL Price Today

VIRTUAL Price

₹96.99

Price Change 24h

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2.06%

Price Change 7d

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53.16%

Market Rank

#76

Market Cap

₹6,158 Cr.

Trade Vol 24h

1,507 Cr

Circulating Supply

66 Cr. VIRTUAL

Trading Activity

39% Buy61% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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