Virtuals Protocol Genesis Snapshot & Buyback Deadline

On June 14, 2025, at 03:30 AM UTC, Virtuals Protocol will take a snapshot to determine eligibility for Genesis and airdrop allocations. A recent UI update introduced dedicated claim buttons to clarify token types, addressing confusion from a unified button that led some users to accidentally sell their I.R.I.S. airdrop tokens [Virtuals Protocol X Post, 2025-06-13]. For those affected, a buyback option allows repurchasing the same amount sold before the deadline, preserving airdrop eligibility. This move aims to enhance fairness and user trust, potentially setting a precedent for other protocols.

Recent News

Virtuals has been making waves. In early April 2025, the project’s treasury hit $16 million, signaling strong financial backing for innovation [CoinMarketCap, 2025-06-12]. Just two weeks ago, it announced its first AI DAPP launch, expected soon, reinforcing its leadership in AI-driven virtual interactions [CoinMarketCap, 2025-06-12]. These milestones underscore Virtuals’ growth amid a competitive Metaverse space.

Future Plans

Looking ahead, Virtuals plans to expand its AI DAPP ecosystem, with hints of new virtual world features to boost user engagement [Virtuals Protocol Roadmap, 2025]. The project also teases a special announcement during tonight’s Twitter Space at 7 PM UTC [OkoroDavidKosi X Post, 2025-06-13], which could reveal partnerships or tokenomics updates, keeping the community buzzing.

Onchain Data

Exact staking or transaction metrics for the snapshot are unavailable at this time due to limited public onchain dashboards. However, Virtuals’ 24-hour trading volume recently reached $372 million, with a 13.5% price increase over seven days, reflecting strong market interest [CoinGecko, 2025-06-13]. This suggests active participation, though specific snapshot-related data awaits post-event analysis.

Community Sentiment

X sentiment is mixed but optimistic. Users like @OkoroDavidKosi highlight strategies to earn Virgen points, driving engagement [X Post, 2025-06-09], while @TheBrownGent suggests a cooldown policy over buybacks, sparking discussion [X Post, 2025-06-13]. Influencers see the buyback as a user-friendly move, though some worry about market manipulation risks if tokens are sold and repurchased cheaply.

Additional Insights

This event aligns with a 2023 Chainalysis report noting 15% of airdropped tokens are accidentally sold due to interface issues [Chainalysis, 2023], validating Virtuals’ proactive approach. Competitors like Decentraland lack similar recovery options, giving Virtuals an edge. Users benefit from a second chance at airdrops, though volatility around the deadline could pose risks.

Risk Disclaimer: Crypto events may involve price fluctuations or unintended token sales. Always research and assess risks before participating.

Join the Twitter Space tonight for live updates!