《Understanding the Latest Points Minting Machine - Detailed Explanation of @virtuals_io's Geneses Launch Model》 Recently, those who follow me may have noticed that I talk about $VIRTUAL almost every day. Since Virtual was listed on Binance spot trading, its performance has been very stable. Shortly after its spot listing, the Geneses presale model was launched, and the price skyrocketed. I managed to gain some profits both from the presale and the token price. Currently, Virtual's price has risen steadily from around 0.5u to 1.4u, and it frequently appears on Binance's top gainers list. The Geneses model has introduced several presale projects, with returns ranging from three to five times to dozens of times. After launch, these projects have shown stable performance and high growth potential. For participating users, there are two notable conclusions: 1. Virtual's Geneses presale model is highly profitable, with significant multipliers for good projects. 2. The proportion of investment depends on the points you hold, so it's essential to find ways to accumulate more points. Here, I’m writing a detailed post to introduce the model and provide some tips for those looking to earn points. I also hope to spark discussions and encourage everyone to share strategies for acquiring points. Let’s master this model and seize a big opportunity. Links related to the Geneses Launch model are placed in the comments section for easy bookmarking. Now, let’s dive into the detailed explanation of the points system. 1. Introduction to the Geneses Model In one sentence: The Virtual Geneses points model determines the investment proportion based on the ratio of points in an oversubscription model. Traditional oversubscription models allocate based on the proportion of investment amounts, with generally low entry barriers. Even if there’s a cap per wallet, large investors can use multiple wallets to secure more allocation. Virtual's Geneses model, however, allocates based on points, requiring users to decide the number of points to invest in each project. The advantage of this model is that it locks allocations for contributors to the ecosystem. Since earning points is not easy, strategies like using multiple wallets for presales are less effective, ensuring sufficient distribution of tokens from the start. Here’s a table summarizing the differences between traditional presales and Virtual Geneses. 2. How to Participate in Geneses Presales Once you have points and 566 $Virtual tokens in your wallet, you can invest in projects on the presale website. To participate, enter the presale interface of an ongoing project. In the top-right corner, select the number of points to invest, input the points and Virtual token amount, and click Commit. To check your points and overall allocation, click the points amount in the top-right corner to access the points page. Here’s the link. 3. How to Earn Points [Key Section] The official guidelines don’t detail how many points can be earned. The following are my findings based on personal experience. If anyone has better suggestions, feel free to share for additional insights. 1. Buying Tokens [Points Valid for 30 Days] Whether buying $LUNA, $AIXBT from the Virtual platform or tokens under the new Geneses model, points are allocated. Key observations: ① If you participate in Geneses token presales without selling presale tokens and additionally purchase tokens, you earn significantly more points. ② Buying new tokens yields more points than buying older tokens. ③ The more Virtual tokens spent on purchases, the more points earned, with additional point bonuses likely based on tiers. 2. Holding $Virtual [Permanent Points] Storing Virtual tokens in a Base chain wallet earns daily points. From my tests across different wallets, point allocation isn’t strictly proportional to the number of Virtual tokens held. There’s likely a tier system, where holding more tokens results in higher bonuses. For example, one wallet with over 10,000 Virtual tokens earned 2,000-3,000 points daily, while another wallet with 3,000 Virtual tokens earned only 300-400 points. Thus, it’s recommended to store most of your Virtual tokens in a single wallet to maximize points. 3. Staking VADER [Permanent Points] Recently, $VADER has been rising in value, as staking VADER also earns significant points. 4. Participating in Yaps to Earn Points [Points Valid for 30 Days] Participating in Yaps is similar to Kaito campaigns, where users post tweets and fill out forms to earn points. This method is often overlooked but highly worthwhile. Influencers (KOLs) with many followers can leverage their influence to earn free points, contributing to the ecosystem. Interestingly, even KOLs with only a few hundred or thousand followers have earned tens of thousands of points through Yaps. Note: Ensure your wallet is linked to the Virtual website and Twitter account; otherwise, points won’t be allocated to your wallet. Submit Yaps link Official Yaps tweet Additional Notes: The above suggestions are based on my practical experience. Since point allocation rules aren’t explicitly detailed, I believe this lack of transparency is beneficial. Otherwise, users might exploit the rules, leading to diminishing returns. For reference, Binance’s recent point system illustrates this issue, where users rush to meet specific criteria, ultimately reducing potential gains. Thus, the current semi-black-box approach is optimal. Focus on the essence of points: they flow to contributors to the ecosystem and diamond-handed holders. 4. Virtual’s Oversight and Issue Resolution for Projects This section is dedicated to Virtual’s excellent oversight and problem resolution for projects, which I believe should be emulated by all projects. 1. Addressing Point Allocation Issues with $BIOS After the $BIOS presale, some users experienced insufficient or excessive point allocation. Virtual promptly investigated and compensated users. Compensation details: ① Users with excess allocation can retain the surplus. ② Users who claimed tokens but received insufficient allocation can claim the remaining tokens. ③ Users who haven’t claimed tokens can still do so. If tokens are insufficient, Virtual will airdrop three times the value in $VIRTUAL to their wallets. ④ Points for users with insufficient allocation will be fully refunded (essentially free allocation). Original tweet Current $BIOS chart 2. Handling Rug Project $PLAY As Virtual Geneses projects increase, a rug project emerged recently. The presale was initially oversubscribed fivefold, but the project team suddenly tweeted asking users to send Virtual tokens to a specific address. Virtual promptly took the following actions: ① Halted the $PLAY presale, marking it as permanently failed. ② Issued a tweet reminding users that presale participants would receive points and refunds. ③ Compensated users who sent funds to the fraudulent address, provided their wallets held points. As a result, no users suffered financial losses. Original tweet Virtual’s approach to problem-solving is commendable: no evasion, no perfunctory responses, and genuine user care. 5. Final Thoughts VIRTUAL is the project that yielded my biggest results last year, and I have high expectations for it. Despite market corrections and cooling AI hype this year, VIRTUAL has experienced significant pullbacks. However, based on its products and the team’s actions, it’s evident that this is a long-term-oriented project striving to maximize the value of VIRTUAL tokens. Over the past months, I’ve frequently seen tweets from prominent figures joining the @virtuals_io team, reflecting their genuine sentiments. In this relatively volatile market, finding truly valuable projects is rare. Cherish them and proceed with caution!