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Virtuals Protocol Debuts 60-Day Trial for Founders, VIRTUAL Shows Signs of Life
Yahoo Finance· 2026-02-03 09:19
Core Insights - Virtuals Protocol has launched a new framework called "60 Days" that allows early-stage founders to test products, tokens, and market demand in a reversible manner [1][2] - Founders can build publicly for 60 days, during which capital is formed through trading activity and optional growth pools, with a decision to commit or wind down at the end of the period [1][2] Mechanism of the 60 Days Framework - Each project launches a token on the Base network using a standard bonding curve, with trading occurring during the 60-day trial while founders engage users and collect feedback [3] - Projects start in private pools, and once cumulative trading volume reaches 42,000 VIRTUAL, liquidity moves to a Uniswap V2 pool for open trading [3] - A 1% trading fee is applied, with 30% allocated to the protocol and 70% to the founder, remaining locked during the trial [3][4] Capital Formation and Founder Support - Automated Capital Formation (ACF) allocates funds to founders based on trading activity, supporting operations and early scaling [5] - Founders can open a Growth Allocation pool by selling up to 5% of team tokens at a fixed valuation, with funds held in escrow and refunded if the founder does not commit [5][6] - Founders receive stipends every 30 days, capped at $5,000 USDC per payout, to cover living and operating costs [6] Commitment and Outcomes - Founders can commit at any time during the 60 days, unlocking trading fees and ACF funds, while non-commitment leads to liquidity drainage and automatic refunds [7] - The VIRTUAL token has shown a slight increase of almost 3% in the past 24 hours but has dropped over 20% in the last 30 days, with current trading at $0.6374 [8]