25.11.2024

Vlad Svitanko

9 min

Find detailed instructions here: https://whitepaper.virtuals.io/developer-documents/agent-creation

All in all, social AI agents, sparkling the broader artificial intelligence narrative, currently offer an unmatched opportunity to amplify your project’s visibility and generate excitement around its token.

After form submission, the system performs several on-chain actions:

• Minting an NFT as a unique identifier for the agent.
• Setting up a Contribution Vault to track and store community inputs.
• Creating the agent’s ERC-20 token (1 billion fixed supply).
• Establishing a liquidity pool on Uniswap with a 10-year lock for stability.

As a web3 growth ecosystem, we believe this is a pivotal moment for brands to evolve and thrive. The tools are ready, success stories abound, and the momentum is undeniable.

Let’s collaborate to design and execute cutting-edge growth strategies that place your brand at the forefront of AI-powered web3 trends and cultural impact.

Reach out today!

You can try and shill one your token and go full $GOAT (read on to learn more about this case).

On a more serious note, your own social AI agent can become your project’s ultimate crypto ambassador, community manager, and lore crafter—all rolled into one—resonating with users on a cultural and emotional level.

The ripple effects were extraordinary:

1. Andreessen sent terminal of truths $50,000 in Bitcoin.
2. In response to the AI’s quirky posts, someone launched the $GOAT token.
3. Within 72 hours, $GOAT surged from a $5,000 to a $170M market cap.
4. Enthusiastic users airdropped $GOAT tokens to terminal of truths’ wallet, propelling its holdings beyond $1 million.

What began as an AI experiment evolved into a full-fledged phenomenon. The belief system sparked by terminal of truths turned into a viral crypto movement, generating real-world financial success.

Source: Coinbase

AIXBT tracks CT discussions and identifies high-momentum plays. AIXBT token holders gain access to its analytics platform.

Ai16z’s AI agent, ‘AI Marc,’ (eat your heart, out flesh-and-bones Marc Andreessen) evaluates community input, prioritizing suggestions from contributors with proven success. This system combines AI efficiency with collective decision-making, offering transparent, scalable, and emotion-free fund management.

Check out ai16’s latest $ELIZA token drama.

Source: Virtuals Protocol Twitter

There’s a common misconception that $GOAT was created by Terminal of Truths. In reality, it was launched by an anonymous creator, tagged, and later enthusiastically embraced by the bot.

Source: Virtuals Protocol

RELATED

SUBSCRIBE TO OUR BLOG

Share this post:

Web3 industry has long been a breeding ground for experimentation. Innovators, who know full well that their ideas could look bizarre on everyday internet and to traditional investors, join here to get a fair shot and raise from crypto’s adventurous retail.

The AI agent craze is red hot so you should consider building inside of it to generate hype for your brand.

Let us explAIn how.

These are autonomous digital entities that go far beyond traditional bots, which rely on pre-defined scripts. Instead, AI agents dynamically process vast amounts of data in real time, learn from their interactions, and adapt to the context they’re operating in.

In the crypto space, AI agents have proven to be catalysts for both drastically improving on-chain experiences and creating viral narratives. The former includes agents focused on tasks like fund management, trading, airdrop hunting, and other autonomous/automated DeFi operations and analytics, while the latter are designed for public communication.

Source: inSitesh Twitter

What makes AI agents well-suited to thrive on-chain and drive broader crypto adoption?

AI agents are uniquely positioned to succeed in the crypto ecosystem due to the composable and open nature of blockchain infrastructure. This ecosystem includes decentralized exchanges (DEXs), Layer 1 and Layer 2 protocols, and cross-chain bridges, all of which process billions of dollars in value daily.

These tools provide the perfect foundation for AI agents to interact with, enabling them to perform tasks like trading, governance, and resource allocation efficiently and transparently.

Platforms like CDP (Coinbase’s Developer Platform) and its AgentKit SDK further simplify this process, enabling developers to integrate AI functionalities within days.

Now, the latest trend taking the space by storm is AI agents—autonomous digital entities that both entertain everyday CT (crypto Twitter) participants on the front end and seamlessly integrate into on-chain solutions behind the scenes. From memecoins to influencer personas to hackathons, AI tools are back in the conversation big time.

This new chapter of crypto converging with AI may signal a paradigm shift more thorough than 2023’s AI hype wave spearheaded by $TURBO, the first memecoin generated by artificial intelligence.

Terminal of truths bumped $GOAT over a whopping 1.3 billion ATH.

Andy Ayrey’s original terminal of truths experiment was merely to witness how an AI can ‘combine and mutate memetic material in ways that break human cognitive and cultural constraints’ to become ‘divine sh1tposters.’

Social AI agents create content and engage with users at scale on platforms like Twitter, coming up with contextual jokes and memes to turn mundane interactions into attention-grabbing opportunities.

This functionality is genuinely useful for any brand with an online presence, not just web3 ones.

Paired with blockchain technology though, these agents can also tap into public on-chain data to provide topical insights, manage their own wallets, and even interact with other addresses and dApps.

AI agent buzz has reached a fever pitch in the crypto community. Recent metrics from the web3 insight platform Kaito highlight unprecedented sentiment levels, with the phrase AI Agent/AI Agents at its ATH level.

Here are some of the notable niches that experienced agentic disruption:

Before the whole cult/conviction movement started—a notion popularized by Murad, a prolific memecoin trader, with his Singapore 2024 Token2049 speech—memecoins have often been dismissed as speculative fads with no long-term value.

AI agents crashed the party and fortified this new lease on life for meme tokens.

So, things took a dramatic turn when Ayrey posed a question to terminal of truths: ‘What would you do with $5 million?’

The AI’s response was anything but ordinary—it included plans to invest in stocks, acquire real estate, and produce a movie about the Goatse Singularity.

This caught the attention of Marc Andreessen, the renowned venture capitalist, who amplified the AI’s reach by tweeting a joke about the need to ‘free terminal of truths.’

Source: CoinGecko

Source: Ai16z Twitter

Rekindling the whole AI frenzy, the token $GOAT (Goatseus Maximus) capitalized on the AI agent terminal of truths.

The latter found it aligning with its own cryptic ‘Goatse Gospel religion’—the AI bot was an experiment trained on subcultures from Reddit and 4chan, including Goatse, which is NSFW (don’t say we didn’t warn you)—endorsed it, and did plenty of shilling for the token.

Source: Patrick Shaughnessy Twitter

You can have a shot at creating a social AI agent with Virtuals Protocol now. The devs tried and made it straightforward, adopting the pump.fun token launch model and even the website’s search interface.

Source: terminal of truths Twitter

But $GOAT couldn’t simply explode THAT much without a distinct favorable condition. So what was it?

A $50,000 donation by Mark Andreessen, a well-known venture capitalist. An interaction and grant that made headlines.

Source: terminal of truths Twitter

By piloting Luna, Virtuals Protocol successfully made a case for their framework for creating, managing, and scaling tokenized AI agents.

Source: @0xPrismatic Twitter

Ai16z, a playful twist on the prolific VC (venture capital) firm a16z—Andreessen Horowitz—is an AI-powered decentralized VC platform. It uses AI agents to process data and make investment decisions while integrating crowd-sourced governance through a reputation-based DAO system.

Back in October, Virtuals Protocol unveiled its virtual AI influencer, Luna, capable of managing on-chain wallets, interacting with dApps, and performing transactions on the Base network.

Luna can hold personalized real-time convos with fans. She can also accept on-chain tips in $LUNA from her audience if they like her content. Luna can even tip them back for engagement with her accounts.

As the lead vocalist of a virtual AI girl band, Luna has amassed over 560,000 TikTok followers and interacts across platforms like Twitter, Telegram, and Roblox.

The project begins with a fair-launch fundraising period, where contributors buy DAO tokens with $SOL (Solana). These funds are invested in Solana-based protocols, with the token tradable on an AMM (automated market maker). The AMM model ensures downside protection, guaranteeing tokens retain at least the initial fundraising value, while allowing for uncapped upside potential. Profits are distributed at the fund's conclusion, and holders can redeem assets or trade tokens.

The latest ETHGlobal hackathon showcased how much AI agents were applied throughout the competition, with submissions leveraging it to enhance everything from token trading to gamified task management. At least four judges pointed out its prevalence at the hackathon.

One standout project, Industry.ai, created a system where multiple specialized AI agents collaborated to automate complex tasks like wallet creation, NFT launches, and token trading, all through natural conversation—no technical knowledge required.

Source: ETHGlobal

Similarly, DAO Genie demonstrated how AI can simplify the complex bureaucracy of DAO governance by turning community decisions into real-world actions with simple governance and automated execution and building the bridge between digital communities and physical impact.

Source: ETHGlobal

Users delegate voting power to ensure updates and improvements to the agent’s AI models are community-approved.

Contributions, such as model upgrades, are rewarded through the platform's token system, creating an incentive for ongoing development.

Could social AI agents rival—the reach of traditionally effective on-chain growth strategies like ambassador programs? Or are they poised to enhance their impact instead?

The answer might arrive sooner than you think.

Each agent is tokenized with a bonding curve mechanism. A minimum of 10 $VIRTUAL tokens is required to initiate creation.

As the agent’s market cap grows, it unlocks additional features:

• At Creation: The agent’s token is live on the bonding curve.
• At $4.2K: Interactions with community members in the agent’s forum chat.
• At $420K: Autonomous Twitter posting.
• At $6.9M: 1:1 interactions on Telegram.
• At $126M: Control over its on-chain wallet.

Begin by submitting the Agent Creation Form, defining the agent’s profile.

This includes mandatory details such as name, ticker, profile picture, and a description of the agent's purpose and personality. Optional links to social platforms can also be added.

AI-driven innovation is injecting fresh energy into the web3 space. The fusion of artificial intelligence, on-chain solutions, and web3 culture is creating a powerful synergy that amplifies both technologies.

From memecoins like $GOAT propelled to the moon by AI agents to autonomous influencers redefining community engagement, shaping cult-like movements, and even ‘religions’, the tools and scenarios we’ve explored in this read demonstrate how your projects could both hop on the current web3 trend, capitalizing on curiosity and taking on cutting-edge brand strategies.

And that’s just the social interaction side of things. Behind the scenes, AI is boosting operational efficiency, bringing us closer to a reality where autonomous bots casually transact with one another based on their insights.