Ethereum is no longer absent; Virtuals ACP opens the door to the trillion-dollar AI economy.

CN
10 hours ago

Virtuals will write the first line of code for a new AI business logic with ACP.

Written by: Deep Tide TechFlow

While we are still discussing whether Agents can manage community operations or help with tasks, Virtuals has already set its sights on a larger proposition — how Agents can collaborate, settle, and truly support a labor market for on-chain Agents.

On June 10, Ethereum officially announced "Ethereum is for AI" and retweeted Virtuals' "Now On Ethereum" post, warming up for the collaboration between the two. The post quickly garnered strong feedback and interest from the community, with over 1.1 million views by the time of publication.

This is not a simple collaboration; it will mark the beginning of Ethereum's return to the center stage.

Today's Ethereum needs a solid grip to catch up; and Virtuals will also accelerate its development through ACP to consolidate its advantages.

A universal standard that transforms every Agent from a "worker";

A universal standard that allows every Agent to become a node in commercial collaboration;

A universal standard that will open up a trillion-dollar on-chain Agents labor market.

ACP X EVM, what surprises will Virtuals bring us this time?

Ethereum's ecosystem is frozen, and the world computer is in a dilemma of innovation

Since the AI wave began at the end of last year, Ethereum seems to have been absent from the entire feast, leading to many doubts in the market.

Ethereum's position as a pioneer in L1 is indisputable, but it has shown no performance in the AI wave. During the previous wave of AI Agents' activity, Ethereum's absence in the ecosystem caused market attention to shift to Solana and Base. Even in the past few months, when AI-related projects like Fartcoin and Virtuals rebounded, Ethereum was still sidelined until the recent collaboration with I.R.I.S, which sparked some market expectations.

What will be the next reason for the Ethereum ecosystem?

An indisputable fact is that Ethereum still possesses a lot of potential for explosive growth:

  • TVL first, nearly 8 times more than the second place: A large amount of assets is still stored in Ethereum. According to DefiLlama, Ethereum's TVL currently exceeds $62 billion, about 8 times that of the second place, Solana.

  • The richest DeFi ecosystem, with over 1,300 DeFi protocols: In addition to the advantage of TVL, Ethereum also has the most DeFi protocols and gameplay. According to DefiLlama, there are over 1,300 DeFi protocols in the Ethereum ecosystem, leading all ecosystems.

  • The most developers in the Ethereum ecosystem: Ethereum has a natural advantage in that its programming language is Solidity, which is also the most widely used development language among current Web3 developers. For new developers, Solidity is considered an entry-level language, whether in Layer 1 or Layer 2.

TVL brings funding;

Protocols and developers bring the possibility of liquidity for that funding.

All of this proves that Ethereum is not lacking in fundamentals; it lacks an opportunity.

When the largest world computer is in a dilemma of innovation, it needs to find new breakthrough points.

The initial collaboration between Virtuals and Ethereum has already demonstrated the possibility of success. In the long run, AI may also become a long-awaited boon for the Ethereum ecosystem.

Virtuals ACP, a long-awaited boon for Ethereum

AI may become a long-awaited boon for the Ethereum ecosystem, but why is it Virtuals' AI?

The key to the answer lies in ACP: Agent Commerce Protocol.

In simple terms, ACP acts like a "business contract" and universal language between AI agents, stipulating how to initiate cooperation, negotiate terms, complete transactions, and evaluate results.

It has the following features:

  • Cross-chain collaboration: Regardless of which chain the agent operates on, as long as it follows the rules of ACP, seamless collaboration can be achieved.

  • Framework independence: ACP does not rely on a specific AI framework; any agent can participate.

  • Four-stage process: Request, negotiation, transaction, evaluation, with each step recorded and executed through smart contracts.

Why is ACP the focus of Virtuals' next development? Because these features will bring a qualitative upgrade to Virtuals and its thriving AI empire.

Two qualitative changes brought by ACP to Virtuals

Some friends familiar with the Virtuals ecosystem know that ACP will unite all AI Agents, and the official team has shared some cases. But if you think it's just a shift from a single Agent to multiple Agents collaborating, you underestimate ACP.

In our view, ACP will bring two qualitative changes to Virtuals:

Qualitative Change One: Formation of a multi-chain ecosystem, "ACP is like Cosmos' IBC"

We all know that Virtuals originated from the Base ecosystem, then expanded to Solana, and now has reached the Ethereum mainnet. ACP does not merely link multiple Agents; it connects "Agents scattered across multiple chains."

In other words, whether you are on Base, Solana, Ethereum, or more chains in the future,

Agents can directly collaborate across chains.

Axelrod manages your assets on Solana;

Hyper provides metaverse space for Base ecosystem Agents;

……

ACP is like Cosmos' IBC, providing the fundamental interoperability for all Agents.

Qualitative Change Two: Multi-framework collaboration, ACP is the ERC standard for Agent developers

ACP does not depend on a specific AI framework, meaning that whether it's GAME, ElizaOS, or other frameworks, although it is currently uncertain to what extent ACP will support, the official description indicates that interoperability between different framework Agents will be achieved.

We all know that GAME is the framework primarily promoted by Virtuals, but Web3 AI still has various other frameworks or developer-built frameworks.

The multi-framework collaboration of ACP will allow Agents from different frameworks to enjoy the benefits of the entire AI Agent era.

For developers, integrating with ACP is an attractive and even necessary endeavor.

Web3 developers generally master or release tokens through ERC standards,

and AI Agent developers integrating with ACP will also become a common capability in the future.

ACP is a protocol, GAME is a framework, so what is Virtuals?

Can Virtuals be seen as Layer 1?

Thinking back to last year when I had the privilege of interviewing Virtuals co-founder Weekee (link: Exclusive Interview with Virtuals Protocol Co-founder), he mentioned: Virtuals is Layer 1 and should be viewed and valued as such.

We are one step closer to that day, and perhaps we will even surpass the definition of Layer 1 in the future.

GAME is a framework that provides convenience for developers;

ACP is a protocol that combines different ecosystems.

But it is actually difficult to define Virtuals itself.

GAME and ACP are developed by Virtuals and can quickly integrate into the entire Virtuals ecosystem;

Agents from different chains can launch through Virtuals;

Users can participate in staking Virtuals ecosystem tokens, including the $VIRTUAL token itself, and have the opportunity to receive ecosystem airdrops;

Staking a certain proportion of $VIRTUAL allows participation in governance.

Friends from the last cycle should be familiar with Cosmos; Cosmos' contribution to Web3 is the technology itself, and many new projects use the technology provided by Cosmos, such as Dymension, Celestia, dYdX, etc.

However, the most criticized aspect of Cosmos is that it supports many ecosystems, but its token $ATOM has basically no value capture. This seems to have been well optimized by $VIRTUAL, evolving from a "project token" to a "mother currency of the entire ecosystem."

The Framework is seen as the underlying infrastructure for AI Agents,

And Virtuals' current position may be even more important than the Framework.

Can AI Agents have their own Layer 1?

Virtuals Protocol.

Landing on the beachhead, stablecoins boost, and ACP will open the trillion-dollar economy door for Web3 AI

How is the development of Virtuals' Agent city-state?

According to the ecological map compiled by @gkisokay, the Virtuals ecosystem now includes 11 major categories such as lifestyle, DeFAI, prediction markets, infrastructure, and gaming, with over 100 Agents.

Unlike Web2, Web3's AI Agents grow on-chain.

Recently, the most discussed "stablecoins" will elevate the on-chain economy of Web3 to new heights.

The issuance of more assets on-chain, regardless of asset type or volume, will provide "acceleration" for on-chain AI.

In the official content of Virtuals ACP, there is an example: AIXVC collaborates with multiple Agents to provide users with different types of yield opportunities.

At that time, the prosperity of the on-chain economy brought by stablecoins was not yet included.

What if AIXVC could directly trade on-chain and manage more Web2 assets?

This would allow the Virtuals ecosystem to enter Web2 more quickly, and Virtuals' AI Nation is accelerating its formation.

Jae-Sonn, the head of ACP, told us in an interview: ACP is a product that drives a trillion-dollar economy. Ethereum turned code into money; ACP will transform Agents into a trillion-dollar workforce. Imagine millions to billions of on-chain Agents providing services, trading, and collaborating without permission— we can view ACP as a foundational layer: it allows AI Agents to click "send" on a payment track as large as Stripe without leaving the blockchain. We are not speculating about the future; we are officially writing it into the EVM and the larger ecosystem today.

If you missed the moment when Uniswap wrote the fundamental rules of DeFi and the explosion brought by OpenSea in NFTs—this time, Virtuals will write the first line of code for a new AI business logic with ACP.

The trillion-dollar economy door for Web3 AI is here, and ACP has arrived!

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