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Cryptocurrency News Articles
Genesis Points System Update: Added "Diamond Hand" bonus + Points validity period adjustment
May 08, 2025 at 08:10 am
Recently, as the altcoins as a whole have entered a period of adjustment, the popularity of the AI Agent track has also cooled significantly, and many projects have seen a decline in both popularity and token prices.
Author: Asher (@Asher_0210)
Recently, as the altcoins as a whole have entered a period of adjustment, the popularity of the AI Agent track has also cooled significantly, and many projects have seen a decline in both popularity and token prices. However, against this background, Virtuals' own new listing platform Genesis has shown a trend against the trend. Not only has the user activity remained stable, but some projects have also achieved impressive new listing returns, attracting continuous attention from the community.
Recently, as the altcoins as a whole have entered a period of adjustment, the popularity of the AI Agent track has also cooled significantly, and many projects have seen a decline in both popularity and token prices. However, against this background, Virtuals' own new listing platform Genesis has shown a trend against the trend. Not only has the user activity remained stable, but some projects have also achieved impressive new listing returns, attracting continuous attention from the community.
Next, Odaily Planet Daily will take you to comprehensively analyze the key points of the latest adjustments to the Genesis points mechanism, and sort out the hottest projects on the current Genesis platform.
Next, Odaily Planet Daily will take you to comprehensively analyze the key points of the latest adjustments to the Genesis points mechanism, and sort out the hottest projects on the current Genesis platform.
Genesis Points System Update: Added "Diamond Hand" bonus + Points validity period adjustment
Genesis Points System Update: Added "Diamond Hand" bonus + Points validity period adjustment
Genesis is a fair launchpad platform created by Virtuals specifically for AI Agent tokens. Users can obtain priority distribution rights for these new tokens by holding VIRTUAL tokens and earning points. (For details, please see the article: Virtuals IPO is hot: Is the "Pump.fun" moment of the AI Agent sector coming?
Genesis is a fair launchpad platform created by Virtuals specifically for AI Agent tokens. Users can obtain priority distribution rights for these new tokens by holding VIRTUAL tokens and earning points. (For details, please see the article: Virtuals IPO is hot: Is the "Pump.fun" moment of the AI Agent sector coming?
As Virtuals co-founder Empty said in an interview, “If you contribute to the entire Virtuals ecosystem, such as early participation, support or construction, then you can enjoy higher priority in the subsequent purchase of high-quality tokens. In this way, we hope to leave more resources to users who truly support the development of the ecosystem, rather than being dominated by short-term arbitrageurs.”
As Virtuals co-founder Empty said in an interview, “If you contribute to the entire Virtuals ecosystem, such as early participation, support or construction, then you can enjoy higher priority in the subsequent purchase of high-quality tokens. In this way, we hope to leave more resources to users who truly support the development of the ecosystem, rather than being dominated by short-term arbitrageurs.”
In order to reward steadfast VIRTUAL token holders and maintain the vitality of the points economy, Virtuals has recently launched two important mechanism updates - the points held by users are now more valuable:
In order to reward steadfast VIRTUAL token holders and maintain the vitality of the points economy, Virtuals has recently launched two important mechanism updates - the points held by users are now more valuable:
Diamond Hand Bonus (now available): As long as users continue to hold Genesis Ecosystem Project Tokens, additional points rewards will be unlocked every 24 hours. The bonus points rewards need to be claimed manually. The longer you hold the tokens, the more points you will get;
Diamond Hand Bonus (now available): As long as users continue to hold Genesis Ecosystem Project Tokens, additional points rewards will be unlocked every 24 hours. The bonus points rewards need to be claimed manually. The longer you hold the tokens, the more points you will get;
The validity period of points is shortened to 14 days: Previously, in order to allow early users to adapt to the system, the validity period of points was extended to 30 days. Now the original plan will be restored. All points held by users will expire within 14 days after they are obtained, in order to improve circulation efficiency, enhance overall participation, and build a healthier points ecosystem.
The validity period of points is shortened to 14 days: Previously, in order to allow early users to adapt to the system, the validity period of points was extended to 30 days. Now the original plan will be restored. All points held by users will expire within 14 days after they are obtained, in order to improve circulation efficiency, enhance overall participation, and build a healthier points ecosystem.
This update is designed to incentivize long-term user participation, maintain fair flow in the system, and lay a more solid foundation for the Genesis Points Economy. In addition, the team said yesterday that it has started the optimization and correction process of the Genesis Points System to address some of the recently discovered violations.
This update is designed to incentivize long-term user participation, maintain fair flow in the system, and lay a more solid foundation for the Genesis Points Economy. In addition, the team said yesterday that it has started the optimization and correction process of the Genesis Points System to address some of the recently discovered violations.
Finally, it’s worth mentioning that Virtuals officials emphasized that Genesis points will never be tokenized.
Finally, it’s worth mentioning that Virtuals officials emphasized that Genesis points will never be tokenized.
A list of popular projects on Virtuals IPO platform Genesis
A list of popular projects on Virtuals IPO platform Genesis
RWAI: The latest new project, the over-subscription amount is only lower than the first project on the entire platform h011yw00d
RWAI: The latest new project, the over-subscription amount is only lower than the first project on the entire platform h011yw00d
Project Introduction:
Project Introduction:
RWAI is an innovative platform that combines AI with the needs of the crypto industry. It is committed to providing one-stop startup support tools for crypto entrepreneurs and institutions. The entire system is divided into three core modules:
RWAI is an innovative platform that combines AI with the needs of the crypto industry. It is committed to providing one-stop startup support tools for crypto entrepreneurs and institutions. The entire system is divided into three core modules:
For RWAI, this round of new issuance attracted more than 2,500 users, with a total investment of more than 420,000 VIRTUAL tokens, and the final oversubscription ratio was as high as more than 1,000%. Due to the influx of a large number of requests in a short period of time, the network load surged, causing the RPC node to become unstable for a time, which in turn caused delays in token issuance and point return. At present, all related issues have been resolved, and users can now receive tokens normally.
For RWAI, this round of new issuance attracted more than 2,500 users, with a total investment of more than 420,000 VIRTUAL tokens, and the final oversubscription ratio was as high as more than 1,000%. Due to the influx of a large number of requests in a short period of time, the network load surged, causing the RPC node to become unstable for a time, which in turn caused delays in token issuance and point return. At present, all related issues have been resolved, and users can now receive tokens normally.
Price performance:
Price performance:
According to data from the Virtuals platform, RWAI’s market value peaked at $8 million yesterday and is currently around $2.8 million.
According to data from the Virtuals platform, RWAI’s market value peaked at $8 million yesterday and is currently around $2.8 million.
h011yw00d: The first project on the entire platform, 21 times more than raised
h011yw00d: The first project on the entire platform, 21 times more than raised
Project Introduction:
Project Introduction:
h011yw00d is the first project launched on VIRTUAL's own IPO platform Genesis. The project uses AI as its core driving force and aims to collaborate with users to co-create content with a cinematic quality and explore new boundaries of narrative and creation. Users are not only participants in the content, but also co-directors and shapers. Through a decentralized architecture, the project has built an open digital creation platform, breaking down the barriers of traditional content production and blurring the boundaries between creators and audiences.
h011yw00d is the first project launched on VIRTUAL's own IPO platform Genesis. The project uses AI as its core driving force and aims to collaborate with users to co-create content with a cinematic quality and explore new boundaries of narrative and creation. Users are not only participants in the content, but also co-directors and shapers. Through a decentralized architecture, the project has built an open digital creation platform, breaking down the barriers of traditional content production and blurring the boundaries between creators and audiences.
Price performance:
Price performance:
According to data from the Virtuals platform, HOLLY's market value peaked at $4 million and is currently around $1.2 million.
According to data from the Virtuals platform, HOLLY's market value peaked at $4 million and is currently around $1.2 million.
BasisOS: The only project on the entire platform with a market value above $10 million
BasisOS: The only project on the entire platform with a market value above $10 million
Project introduction:
Project introduction:
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