PANews reported on February 3 that Virtuals Protocol officially launched its "60-Day" framework, providing early-stage project founders with a low-risk tokenization experimentation path. This framework allows founders to publicly build and test their products within 60 days, validating market demand through user behavior, while accumulating funds through Automated Capital Formation (ACF), token transaction fees (a 1% transaction tax, with 30% allocated to the protocol and 70% to the founders), and optional Growth Allocation (GA).
At the end of the 60-day period, founders can choose to "commit" to continue the project, and funds and tokens will be gradually unlocked; if they choose "not to commit," the project will be shut down, and all funds raised will be returned to token holders through a two-part mechanism:
- The proceeds will be refunded proportionally from the released ACF funds and the founder transaction tax (70% of the 1% transaction tax).
- The remaining $VIRTUAL tokens in the liquidity pool will be refunded proportionally to the holder's holdings.
During the project, founders can receive a living allowance of up to $5,000 every 30 days, derived from transaction tax revenue and released ACF funds. If a founder chooses not to commit, all unreleased funds will be returned to supporters. All 60-day projects launch on the BASE network, with tokens initially traded through private pools. After accumulating a trading volume of $42,000 VIRTUAL, the tokens are transferred to Uniswap V2 liquidity pools.
