Virtuals Launches Unicorn Model to Gradually Replace Genesis Point System

BlockBeats news, October 7, Virtuals announced the launch of a new startup model called Unicorn. Compared to the previous Genesis model, Unicorn no longer solely pursues fairness but emphasizes early conviction and long-term value. Each Unicorn project starts with a low valuation, allowing early participants to gain asymmetric returns. The founding team only receives funding when the project achieves actual growth, ensuring accountability and long-term development. The launch process includes a creation phase, an early trading phase, and a transparent team allocation mechanism, along with anti-bot measures and ecosystem airdrop rewards for VIRTUAL token holders and active community members. The Unicorn model will gradually replace Genesis's point system, transitioning the reward mechanism from points to VIRTUAL staking and ecosystem activities. For each Unicorn launch, 5% of the total supply will be allocated to genuine community members: 2% to VIRTUAL stakers and 3% to active participants in the Virtuals ecosystem.