Ribbita by Virtuals

This is the token of an AI agent launched within the Virtuals Protocol ecosystem on the Base blockchain, an L2 solution built on the OP Stack by Coinbase. Unlike the protocol's main token, VIRTUAL, TIBBIR represents a speculative bet on a specific autonomous agent associated in the community with the venture firm Ribbit Capital. The project was launched in stealth mode, without a presale, team allocations, or venture capital funding, with a fixed supply of approximately 1 billion tokens. The token supports agentic commerce, micropayments, and rewarding users for providing high-quality training data (a "Social-to-Earn" mechanic).

Ribbita by Virtuals functions as one of many agent tokens within the Virtuals Protocol ecosystem, a platform for launching and commercializing decentralized AI agents. The protocol standardizes the creation of tokens with a fixed supply (1 billion units) and manages early liquidity through built-in bonding curves, pairing agent tokens with VIRTUAL. Upon reaching maturity, agents migrate to external AMM pools (e.g., Aerodrome).

Unlike typical memecoins, TIBBIR has intrinsic utility: tokens are used to pay for the agent's specialized functions, participate in voting on the development of its "personality" and strategy, and as rewards for providing computational power. In February 2026, the Autonomous Transaction Layer (ATL) was implemented, allowing the agent to independently manage its treasury and execute on-chain swaps without human intervention, which triggered a 320% price increase over 19 days. In November 2025, governance keys were transferred to the Ribbita DAO (proposal VIP-94), and in December 2025, vote VIP-112 reduced the daily issuance of new agent tokens by 25%.

Features of Ribbita by Virtuals

Technical Information

The sole deployment network is Base, an optimistic L2 on the OP Stack. The token contract is a minimal proxy pointing to the AgentToken implementation (Solidity v0.8.20, EVM version "paris"). The base contract address on Base is 0xa4a2e2ca3fbfe21aed83471d28b6f65a233c6e00, created on January 12, 2025. The Base network provides approximately 2-second block times and support for Flashblock pre-confirmations (~200 ms) with subsequent finality on Ethereum via the Fault Dispute Game mechanism. The token is a standard ERC-20 and inherits all network parameters.

Tokenomics

The maximum supply is fixed at 999,904,783.797... TIBBIR (18 decimals), slightly less than a round 1 billion due to deployment parameters. All tokens have been in circulation since the fair launch, with no locks, vesting, or block-by-block issuance. The specific launch class (Pegasus, Unicorn, or Titan) has not been officially disclosed, but Virtuals Protocol describes three standard distribution templates:

• Pegasus: 95% to the liquidity pool, 2% airdrop to VIRTUAL stakers, 3% airdrop for activity.
• Unicorn: 45% LP, 2% to stakers, 3% ecosystem airdrop, 25% to the team (via Automated Capital Formation), 25% distribution based on FDV - all with a 6-month vesting period.
• Titan: 100% public LP with a minimum FDV requirement of $50 million.

No token burns are documented for TIBBIR. Staking (the "Ribbita Staking" program, launched in April 2026) grants voting rights in the DAO in exchange for locking tokens.

Security of TIBBIR

On the BaseScan explorer for the TIBBIR contract, it states "No Contract Security Audit Submitted" - a public audit by reputable firms (OpenZeppelin, Trail of Bits, Quantstamp, etc.) is absent. Some secondary sources mention a PeckShield review, but it is not confirmed on BaseScan or the project's official pages. No security incidents (hacks, pauses, hard forks) related to TIBBIR have been recorded as of July 2026. No bug bounty program has been found.

Where to Trade

Decentralized liquidity is concentrated on Aerodrome (Slipstream) and the native Virtuals Protocol bonding curve. Centralized exchanges: Gate.io (Alpha segment, June 17, 2025), MEXC (April 2025), Bitget (Innovation Zone, June 12, 2025). WEEX launched a USDT-margined perpetual on March 25, 2025. Coinbase Custody added support for the Virtuals ecosystem in late 2025.

The all-time high was recorded on October 28, 2025. The all-time low is not specified in available sources.

Aggregator Listings

• CoinGecko rank: 268
• CoinMarketCap rank: 246
• Finkonkurs rank: 217

Investors and Funds

The TIBBIR token did not attract external investment - the launch was 100% fair launch with zero allocation to the team or investors. However, the Virtuals Protocol ecosystem previously received investments from Alpha Moon Capital, Arcanum Ventures, Assembly Partners, Beam, and DeFiance Capital (round details undisclosed). Micky Malka, founder of Ribbit Capital, personally deployed TIBBIR, but without a formal investment round. In October 2025, the Borderless Capital "AI Agent Fund" disclosed a $1.5 million position in TIBBIR.

Key Partnerships and Ecosystem

In January 2026, a partnership was signed with decentralized compute provider Akash Network to subsidize GPU costs for agent inference. Coinbase Custody expanded support for the Base-based Virtuals ecosystem in late 2025. No other integrations with verifiable on-chain or technical details have been found. In March 2026, the "Sentient Memory" upgrade was implemented, integrating a fine-tuned Llama 3.2 model to improve the agent's long-term memory.

Potential

Ribbita benefits from the network effect of Virtuals Protocol as one of the largest platforms for AI agents on Base. The implementation of the Autonomous Transaction Layer allows the agent to autonomously generate revenue and interact with DeFi, expanding the range of use cases. The reduction in issuance via VIP-112 decreases inflationary pressure on agent tokens. The AI agent market in 2025-2026 showed high growth in interest, and TIBBIR, being one of the first and most prominent agents, could benefit from an influx of liquidity and developers.

Risks [Identified by Finkonkurs AI Analytics System]

• Regulatory Risks: The U.S. SEC is examining the classification of "AI-managed investment pools" under the Howey Test; Virtuals Protocol is under close scrutiny. In the EU, TIBBIR falls under MiCA regulation (full implementation from mid-2025); the Virtuals Foundation submitted its first ESMA report in January 2026. In Singapore, MAS classified TIBBIR as a Digital Payment Token. In Hong Kong, the SFC permitted retail trading from March 2026, subject to disclosure of "AI risks."
• Technical Risks: Lack of a public contract audit; high centralization - the top 50 wallets control approximately 58% of the circulating supply (including the Virtuals Protocol treasury and DAO Reserve).
• Market Risks: The token's value is tied to attention and narrative, not to protocol cash flows; high volatility (70% correction in August 2025).
• Competitive Pressure: Numerous competing agents within the same ecosystem (Prefrontal Cortex CONVO Agent, Luna) and external ones (Eliza-based AI16Z agents).

Related Individuals

• Jansen Teng - Co-founder and CEO of Virtuals Protocol. Graduate of Imperial College London, former consultant at Boston Consulting Group. Founded startups CIPTA, ThinAir Water, co-founded DIAM Digital Marketing and Aidaro. Responsible for the protocol's development strategy.
• Wee Kee Tiew (also Weekee Tiew, handle everythingempty) - Co-founder and key contributor to Virtuals Protocol. Graduate of Imperial College London and London Business School, with experience in private equity and consulting, as well as AI projects. Active in the crypto community since 2016. Develops the direction of decentralized AI agents for entertainment and autonomous commerce.
• Micky Malka - Founder of venture firm Ribbit Capital (AUM ~$12-15 billion, focus on fintech). According to community data, deployed the TIBBIR token via his Ethereum wallet in a fair launch format without allocations. There is no direct investment from Ribbit Capital in TIBBIR.

Legal entity: Virtuals Foundation (protocol operator), which submitted an ESMA report in January 2026.

Contests, Activities, and Hackathons on Our Platform

No contests, hackathons or marketing activities for this token have been published on Finkonkurs yet. New activities will appear here automatically once the team or partners launch them.

Whitepaper

A separate whitepaper for TIBBIR has not been published. The Virtuals Protocol technical documentation describes the general mechanisms for launching and tokenomics of agent tokens. Link: not publicly available.