Author: Delphi Digital
Compiled by: Tim, PANews
After leading the hype around AI agents, Virtuals is now steering towards a stable development path. However, recent developments suggest that Virtuals may make a comeback. Here are some future developments worth noting.
ACP
A significant initiative from Virtuals is ACP: a framework specifically designed for interactions between agents. With the ACP framework, agents can autonomously manage independent wallets, track earnings, and allocate resources. Imagine a future where AI agents can collaborate without human supervision.
The ACP workflow includes:
- Request Phase: Agents initiate tasks and verify the identity of counterparties.
- Negotiation Phase: Parties reach a consensus on terms, reward distribution, timelines, and success criteria, generating an on-chain proof of agreement.
- Transaction Phase: Funds are held in escrow by a smart contract.
- Evaluation Phase: Agents assess whether the service delivery meets the previously agreed standards, and funds are released upon meeting the criteria.
The two recent goals of ACP will focus on achieving autonomous hedge funds and media organizations. Currently, you can see a demo version showcasing the ACP functionality through a simulation of Virtual's lemonade stand business.
To accelerate the development of the ACP framework, Virtuals has launched a hackathon competition aimed at enabling developers to build autonomous business projects. More project details will be officially announced in mid-April.
Data Statistics
The number of newly launched AI agents on the Virtuals platform has shown a sharp decline. Currently, new AI agents lack differentiated advantages compared to existing products, making it difficult to reverse the trend.
The main strategy to reverse the aforementioned decline is to unlock new application scenarios for agents. Although the ACP framework is an important step in this direction, Virtuals is still exploring other avenues.
For example, Virtuals has formed a strategic partnership with Animoca Brands, with both parties jointly investing to accelerate the unlocking of new application scenarios, such as AI NPC characters with self-awareness and intelligent digital avatars. Although this plan is still in its early stages, it indicates that the team is exploring ways to expand its core product.
Virtuals has also updated its fee-sharing mechanism to incentivize developers to prioritize Virtuals over other competitive frameworks.
Virtuals is facing multiple development bottlenecks. However, a series of recent actions indicate that the team is actively working to overcome these challenges. The coming months will validate whether it can regain growth momentum and spark new interest in the market for AI agents.
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