Virtuals Protocol launches Genesis, a new token distribution mechanism based on contribution

Virtuals Protocol has launched a new token distribution mechanism called Genesis. Genesis is a protocol layer primitive for proxy token distribution, transforming token issuance into a proof system where usage, liquidity, and coordination determine access rights. Key features include: point-based access (obtained through actual participation), on-chain allocation logic (deterministic, transparent, fair), and refund guarantee (aimed at protecting contributors).