Virgen Market ($VGM)

Virgen Market ($VGM) image

Recent developments:

5% of the initial token allocation is held by the creator.

Creator token stats last updated: May 28, 2025 21:38

The following is generated by an LLM:

Summary

meme-centric social platform with bribing mechanics to filter low-effort content

Analysis

Virgen Market positions itself as a decentralized, meme-centric marketplace aiming to combat low-effort content through a bribing mechanism requiring staking $VIRGEN or $VGM. The tokenomics allocate 5% (50M tokens) to the creator, which is below the 10% threshold typically indicating strong commitment for serious projects. While other allocations (Team: 12%, Investors: 15%, Ecosystem: 15%) are locked with vesting schedules, the creator's initial 5% lacks explicit lockup details, raising concerns about potential sell-offs. The project addresses a valid problem (content quality) but introduces friction by requiring a native token instead of leveraging existing currencies like ETH. No team or legal entity transparency, coupled with reliance on unproven AI-driven reward distribution, adds risk. Users should verify if the creator's tokens are locked and monitor early adoption post-launch.

Rating: 3

Generated with LLM: deepseek/deepseek-r1

LLM responses last updated: May 28, 2025 21:39

Original investment data:

# Virgen Market ($VGM) URL on launchpad: https://app.virtuals.io/geneses/3326 Launched at: Wed, 28 May 2025 19:34:54 GMT Launched through the launchpad: Virtuals Protocol Launch status: GENESIS ## Token details and tokenomics Token symbol: $VGM Token supply: 1 billion Creator initial number of tokens: Creator initial number of tokens: 50,000,000 (5% of token supply) ## Creator info Creator address: 0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9 Creator on basescan.org: https://basescan.org/address/0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9#asset-tokens Creator on virtuals.io: https://app.virtuals.io/profile/0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9 Creator on zerion.io: https://app.zerion.io/0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9/overview Creator on debank.com: https://debank.com/profile/0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9 ## Description at launch Introducing Virgen Market — a new social layer to increase active community engagement. It’s not Zora — it’s real community engagement. Don’t coin your nonsense. Content your effort, push the Virtual economy - and earn from it. The bribing mechanism is a new social experimental to incentivize active community engagement. Bribes can be used to tip creators, spotlight content, or support projects. ## Overview **Virgen Market** is a decentralized, Meme-centric Marketplace built to invigorate loyalty within the VIRGEN community. Rooted in the ethos of the **Virgenity Guild**, it provides a unique space for users to support creators, express identity, and contribute to a thriving, meme-powered economy. Memes ≠ low effort. Memes are culture. They are the voice of a movement — not just laughs, but loyalty, not just jokes, but justice. We’re seeing a common issue across current onchain social apps — a rise in low-effort content. That’s not what we, as believers in Virtual and Virgen, stand for. Platforms like Zora are flooded with copy-paste posts, recycled memes, and zero-context drops. Anyone can mint, but few actually create with intention. This flood of noise isn’t just a design flaw — it breaks the culture. It leaves no room for real builders, creative thinkers, or communities that care about effort and consistency. **Virgens aren’t here for cheap engagement.** They want to support creators who actually *show up* — who contribute, not just consume. But in the current social infrastructure, there’s no way to signal that commitment. How we plan to give solution to this? - A gated social layer that rewards consistency, creativity, and real effort. To access the feed, users must **bribe** — staking either $VIRGEN or our native token, **$VGM**. This instantly filters out passive noise and invites only those ready to engage. Inside, users can: * **Support creators** by tipping with their bribes * **Boost content** they align with * **Signal loyalty** to projects and narratives they believe in Unused bribes expire: **50% gets burned, 50% flows into a reward pool for top contributors, what rewards will be distributed by our integrated Ai model after the MVP version.**&#x20; This creates a tight loop of: * **Commitment-based participation** * **Aligned incentives between users and creators** * **Ongoing value redistribution** to those pushing the culture forward ## Additional information extracted from relevant pages <fetched_info> """ [Creator profile on Virtuals Protocol](https://api.virtuals.io/api/profile/0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9) { "data": { "id": 340602, "displayName": null, "bio": "How much your content worth?", "avatar": { "id": 33044, "name": "virgenmarket (5).png", "alternativeText": null, "caption": null, "width": 500, "height": 500, "formats": { "thumbnail": { "ext": ".png", "url": "https://s3.ap-southeast-1.amazonaws.com/virtualprotocolcdn/thumbnail_virgenmarket_5_950a49b4eb.png", "hash": "thumbnail_virgenmarket_5_950a49b4eb", "mime": "image/png", "name": "thumbnail_virgenmarket (5).png", "path": null, "size": 58, "width": 156, "height": 156 } }, "hash": "virgenmarket_5_950a49b4eb", "ext": ".png", "mime": "image/png", "size": 102.09, "url": "https://s3.ap-southeast-1.amazonaws.com/virtualprotocolcdn/virgenmarket_5_950a49b4eb.png", "previewUrl": null, "provider": "aws-s3", "provider_metadata": null, "folderPath": "/", "createdAt": "2025-05-28T19:32:15.700Z", "updatedAt": "2025-05-28T19:32:15.700Z" }, "userSocials": [ { "id": 370594, "provider": "phantom", "walletAddress": "0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9", "metadata": null } ], "socials": { "VERIFIED_LINKS": { "TWITTER": "https://x.com/VirgenMarket" } } } } """ </fetched_info> <full_details> { "id": 27272, "uid": "3da081e8-33f1-41e4-b17a-8ef3549c1868", "createdAt": "2025-05-28T19:34:54.364Z", "walletAddress": "0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9", "name": "Virgen Market", "description": "Introducing Virgen Market — a new social layer to increase active community engagement. It’s not Zora — it’s real community engagement. Don’t coin your nonsense. \nContent your effort, push the Virtual economy - and earn from it.\nThe bribing mechanism is a new social experimental to incentivize active community engagement. Bribes can be used to tip creators, spotlight content, or support projects.", "sentientWalletAddress": null, "category": "IP MIRROR", "role": "PRODUCTIVITY", "daoAddress": null, "tokenAddress": null, "virtualId": null, "status": "GENESIS", "symbol": "VGM", "lpAddress": null, "veTokenAddress": null, "totalValueLocked": null, "virtualTokenValue": null, "holderCount": null, "mcapInVirtual": null, "preToken": null, "preTokenPair": null, "aidesc": null, "firstMessage": null, "socials": { "VERIFIED_LINKS": { "TWITTER": "https://x.com/VirgenMarket", "WEBSITE": "https://virgenmarket.io/" } }, "tbaAddress": null, "chain": "BASE", "mainVirtualId": null, "top10HolderPercentage": null, "level": null, "valueFx": 0, "priceChangePercent24h": 0, "volume24h": 0, "mindshare": null, "migrateTokenAddress": null, "lpCreatedAt": null, "stakingAddress": null, "agentStakingContract": null, "overview": "**Virgen Market** is a decentralized, Meme-centric Marketplace built to invigorate loyalty within the VIRGEN community. 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Anyone can mint, but few actually create with intention.\n\nThis flood of noise isn’t just a design flaw — it breaks the culture.\nIt leaves no room for real builders, creative thinkers, or communities that care about effort and consistency.\n\n**Virgens aren’t here for cheap engagement.**\nThey want to support creators who actually *show up* — who contribute, not just consume.\nBut in the current social infrastructure, there’s no way to signal that commitment.\n\nHow we plan to give solution to this? - A gated social layer that rewards consistency, creativity, and real effort.\n\nTo access the feed, users must **bribe** — staking either $VIRGEN or our native token, **$VGM**. This instantly filters out passive noise and invites only those ready to engage.\n\nInside, users can:\n\n* **Support creators** by tipping with their bribes\n* **Boost content** they align with\n* **Signal loyalty** to projects and narratives they believe in\n\nUnused bribes expire:\n**50% gets burned, 50% flows into a reward pool for top contributors, what rewards will be distributed by our integrated Ai model after the MVP version.**&#x20;\n\nThis creates a tight loop of:\n\n* **Commitment-based participation**\n* **Aligned incentives between users and creators**\n* **Ongoing value redistribution** to those pushing the culture forward", "image": { "id": 33048, "name": "27272_Virgen Market", "alternativeText": null, "caption": null, "width": 500, "height": 500, "formats": { "thumbnail": { "ext": ".png", "url": "https://s3.ap-southeast-1.amazonaws.com/virtualprotocolcdn/thumbnail_27272_Virgen_Market_170bc7309f.png", "hash": "thumbnail_27272_Virgen_Market_170bc7309f", "mime": "image/png", "name": "thumbnail_27272_Virgen Market", "path": null, "size": 58, "width": 156, "height": 156 } }, "hash": "27272_Virgen_Market_170bc7309f", "ext": ".png", "mime": "image/png", "size": 102.09, "url": "https://s3.ap-southeast-1.amazonaws.com/virtualprotocolcdn/27272_Virgen_Market_170bc7309f.png", "previewUrl": null, "provider": "aws-s3", "provider_metadata": null, "createdAt": "2025-05-28T19:35:29.295Z", "updatedAt": "2025-05-28T19:35:29.295Z" }, "genesis": { "id": 3326, "startsAt": "2025-05-31T11:00:00.000Z", "endsAt": "2025-06-01T11:00:00.000Z", "status": "INITIALIZED", "genesisId": "161", "genesisTx": "0xbcdbdd8ca105ce97b6781869c8b73c143b3471c0c517ff75832dc29c3492f7ee", "genesisAddress": "0x1d61d62372672bcB13D4Ae101000f056bA863fEf", "result": null, "processedParticipants": "0", "createdAt": "2025-05-28T19:34:57.219Z", "updatedAt": "2025-05-28T21:36:21.649Z" }, "stats": { "contributionsCount": 0, "contributorsCount": 0, "contributionVersions": [], "totalStakeAmount": "0.0", "stakerCount": 0, "validatorCount": 0 }, "characterDescription": "", "projectMembers": [ { "id": 21535, "isAccepted": true, "title": "Owner", "createdAt": "2025-05-28T19:34:54.539Z", "updatedAt": "2025-05-28T20:41:47.940Z", "virtual": { "id": 27272, "creator": { "id": 340602 } }, "user": { "id": 340602, "socials": { "VERIFIED_LINKS": { "TWITTER": "https://x.com/VirgenMarket" } }, "bio": "How much your content worth?", "avatar": { "id": 33044, "url": "https://s3.ap-southeast-1.amazonaws.com/virtualprotocolcdn/virgenmarket_5_950a49b4eb.png" }, "walletAddress": "0xDd1ED253C6D4610e964f1454FfF62818e9b3a5c9" } } ], "tokenomics": [ { "id": 3327, "name": "Top Creators Airdrop ", "description": "Reward the most active contributors, loud supporters, and memetic content kings.", "isLocked": true, "bips": 300, "linearStartTimestampRelative": [ 0, 1 ], "linearEndTimestampRelative": 604801, "linearBips": [ 5000, 5000 ], "numOfUnlocksForEachLinear": [ 1, 1 ], "startsAt": "2025-08-28T22:00:00.000Z", "project": null, "recipients": [ { "id": 6011, "recipientAddress": "0x3FaCa5D0cc9376bCE31c5aFC3afb334058279e8f", "amount": "30000000", "actualId": null, "createdAt": "2025-05-28T20:32:48.589Z", "updatedAt": "2025-05-28T20:32:48.589Z" } ], "releases": [ { "id": 6114, "type": "LINEAR", "duration": 2, "startsAt": "2025-08-28T22:00:00.000Z", "bips": 10000, "durationUnit": "weeks", "createdAt": "2025-05-28T20:32:48.498Z", "updatedAt": "2025-05-28T20:32:48.498Z" } ] }, { "id": 3328, "name": "Treasury", "description": "Funds for grants, campaigns, future liquidity moves, or partnerships.", "isLocked": true, "bips": 500, "linearStartTimestampRelative": [ 0, 1 ], "linearEndTimestampRelative": 2592001, "linearBips": [ 5000, 5000 ], "numOfUnlocksForEachLinear": [ 1, 1 ], "startsAt": "2025-08-28T22:00:00.000Z", "project": null, "recipients": [ { "id": 6013, "recipientAddress": "0x3FaCa5D0cc9376bCE31c5aFC3afb334058279e8f", "amount": "50000000", "actualId": null, "createdAt": "2025-05-28T20:34:34.939Z", "updatedAt": "2025-05-28T20:34:34.939Z" } ], "releases": [ { "id": 6116, "type": "LINEAR", "duration": 2, "startsAt": "2025-08-28T22:00:00.000Z", "bips": 10000, "durationUnit": "months", "createdAt": "2025-05-28T20:34:34.911Z", "updatedAt": "2025-05-28T20:34:34.911Z" } ] }, { "id": 3329, "name": "Ecosystem ", "description": "For creator incentives, collabs with aligned projects, and ongoing bribe pools.", "isLocked": true, "bips": 1500, "linearStartTimestampRelative": [ 0, 1 ], "linearEndTimestampRelative": 5443201, "linearBips": [ 1000, 9000 ], "numOfUnlocksForEachLinear": [ 1, 9 ], "startsAt": "2025-08-28T22:00:00.000Z", "project": null, "recipients": [ { "id": 6015, "recipientAddress": "0x3FaCa5D0cc9376bCE31c5aFC3afb334058279e8f", "amount": "150000000", "actualId": null, "createdAt": "2025-05-28T20:36:02.340Z", "updatedAt": "2025-05-28T20:36:02.340Z" } ], "releases": [ { "id": 6118, "type": "LINEAR", "duration": 10, "startsAt": "2025-08-28T22:00:00.000Z", "bips": 10000, "durationUnit": "weeks", "createdAt": "2025-05-28T20:36:02.279Z", "updatedAt": "2025-05-28T20:36:02.279Z" } ] }, { "id": 3330, "name": "Investors & Advisors", "description": "Strategic partners helping with tech, growth, and mindshare.", "isLocked": true, "bips": 1500, "linearStartTimestampRelative": [ 0, 1 ], "linearEndTimestampRelative": 6652801, "linearBips": [ 833, 9167 ], "numOfUnlocksForEachLinear": [ 1, 11 ], "startsAt": "2025-08-28T22:00:00.000Z", "project": null, "recipients": [ { "id": 6017, "recipientAddress": "0x3FaCa5D0cc9376bCE31c5aFC3afb334058279e8f", "amount": "150000000", "actualId": null, "createdAt": "2025-05-28T20:37:22.894Z", "updatedAt": "2025-05-28T20:37:22.894Z" } ], "releases": [ { "id": 6120, "type": "LINEAR", "duration": 12, "startsAt": "2025-08-28T22:00:00.000Z", "bips": 10000, "durationUnit": "weeks", "createdAt": "2025-05-28T20:37:22.856Z", "updatedAt": "2025-05-28T20:37:22.856Z" } ] }, { "id": 3331, "name": "Team", "description": "Core builders, design crew, tech devs, and those who carried the vision.", "isLocked": true, "bips": 1200, "linearStartTimestampRelative": [ 0, 1 ], "linearEndTimestampRelative": 9072001, "linearBips": [ 625, 9375 ], "numOfUnlocksForEachLinear": [ 1, 15 ], "startsAt": "2025-08-28T22:00:00.000Z", "project": null, "recipients": [ { "id": 6018, "recipientAddress": "0x3FaCa5D0cc9376bCE31c5aFC3afb334058279e8f", "amount": "120000000", "actualId": null, "createdAt": "2025-05-28T20:40:37.955Z", "updatedAt": "2025-05-28T20:40:37.955Z" } ], "releases": [ { "id": 6121, "type": "LINEAR", "duration": 16, "startsAt": "2025-08-28T22:00:00.000Z", "bips": 10000, "durationUnit": "weeks", "createdAt": "2025-05-28T20:40:37.919Z", "updatedAt": "2025-05-28T20:40:37.919Z" } ] } ], "tokenomicsStatus": { "hasUnlocked": false, "daysFromFirstUnlock": 88 }, "multichainAgents": [] } </full_details>

Investment info last updated: May 28, 2025 21:39

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