Tech

Virtuals Protocol Introduces Token-Based Insight Access with Backroom

13 hours ago
Bitcoin Ethereum News
  • Virtuals Protocol introduced Backroom, an AI-powered protocol that transforms raw data into curated, tradable insights for crypto communities.
  • Users gain exclusive access to insights by holding Key tokens tied to each curated Room within the Backroom ecosystem.

Virtual Protocol has announced Backroom, an AI-powered information protocol designed to not only display data, but also turn it into tradable signals, which are already live on its network. In a crypto world flooded with group chats and non-stop tweets every day, Backroom brings a new approach: filter out the unimportant, and present only the ones that are worthy of decision-making.

Where Information Becomes a Market of Its Own

Backroom stands alone as a protocol, has a special token (ROOM), has a unique way of working, and of course, is built directly on top of the Virtuals Protocol ecosystem.

How it works is simple but clever. Backroom’s AI system automatically monitors chats on Telegram, Discord, or other public spaces—picking up signals, ignoring the noise, and then delivering curated insights to those who have access. The access? Through key tokens called Keys, which can be bought and sold like rare items.

Furthermore, each “Room” in Backroom has its own Key. And interestingly, this Key token works with a bonding curve system. This means that the more people buy, the more expensive it is.

But not only that, Room creators aka curators can also earn income from Key trading royalties, and incentives from insights that attract attention. With this approach, quality information can be truly appreciated.

Virtuals Protocol Pushes Boundaries With Autonomous Agent Networks

Backroom can be said to be the latest part of Virtuals’ mission to build a new world inhabited by digital agents. On the other hand, CNF has previously reported how this project has enabled digital real estate agents to operate 24 hours a day through PrimoAI technology.

Without human intervention, these agents can search for listings, respond to potential buyers, and even complete basic transactions—all on the blockchain.

Not just properties. We also noted that users can now create autonomous AI agents of various characters. Starting from virtual singers, game characters, to security agents, all can run without the need to know how to code. All it takes is an idea. The rest? Left to the protocol.

Virtuals Protocol Pushes Boundaries With Autonomous Agent Networks

On the other hand, then last March, they also introduced ACP (Agent Coordination Protocol), which allows interactions between agents to take place without human supervision. With ACP, agents can manage their own wallets, manage income, and share resources with other agents. It’s pretty crazy to think about, but that’s the new reality that Virtuals Protocol is shaping up to be.

Currently, their native token, VIRTUAL, is trading at about $1.69. In the last 24 hours, it has gained a slight 0.06% in value. Its market cap is around $1.11 billion, while its FDV is hovering around $1.7 billion. These numbers reflect how their ecosystem is gaining more and more trust from the community.

The presence of Backroom seems to be cementing that reputation. With 35 of their previous 36 tokens making a profit, Virtuals seems to know exactly how to build a project that the market is interested in.

Source: https://www.crypto-news-flash.com/virtuals-protocol-introduces-token-based-insight-access-with-backroom/