{"id":"ribbita-by-virtuals","title":"Ribbita by Virtuals","content":"**Ribbita by Virtuals (ticker: TIBBIR)** is a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) token linked to the [Virtuals](https://iq.wiki/wiki/virtuals-protocol) ecosystem and described in public materials as an “[agent](https://iq.wiki/wiki/ai-agents)-level” asset that represents market exposure to a single autonomous [AI agent](https://iq.wiki/wiki/ai-agents) rather than a platform-wide governance or revenue-sharing instrument. Coverage identifies the token as [EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm)-compatible with trading and liquidity centered on the [Base](https://iq.wiki/wiki/base) network, and characterizes its valuation dynamics as driven primarily by attention, liquidity, and sentiment around the associated [agent](https://iq.wiki/wiki/ai-agents). [\\[1\\]](#cite-id-tyR2UOrrlqk0Itkv) [\\[2\\]](#cite-id-98MrpAwlqSgTCSMW)​\n\n## Overview\n\nRibbita by Virtuals (TIBBIR) is a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) token associated with the [Virtuals](https://iq.wiki/wiki/virtuals-protocol) ecosystem, a platform focused on combining [decentralized finance (DeFi)](https://iq.wiki/wiki/defi), [digital assets](https://iq.wiki/wiki/digital-assets), and interactive applications. It is deployed on [EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm)-compatible networks such as [Ethereum](https://iq.wiki/wiki/ethereum) and [Base](https://iq.wiki/wiki/base). The token is designed to support activity within the ecosystem, including payments and other in-platform interactions, and is traded on [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) like [Uniswap](https://iq.wiki/wiki/uniswap) while being tracked on data platforms such as [CoinGecko](https://iq.wiki/wiki/coingecko). The project is still in an early stage of development, with limited publicly verified detail on its full roadmap, governance structure, and [tokenomics](https://iq.wiki/wiki/tokenomics). Descriptions of its utility include potential use in [DeFi](https://iq.wiki/wiki/defi) functions, [staking](https://iq.wiki/wiki/staking) mechanisms, and [NFT](https://iq.wiki/wiki/non-fungible-token-nft)-related features, though these remain subject to further implementation. As a result, TIBBIR is generally characterized as an early-stage ecosystem token whose role and functionality continue to evolve alongside the broader [Virtuals](https://iq.wiki/wiki/virtuals-protocol) platform. [\\[2\\]](#cite-id-98MrpAwlqSgTCSMW) [\\[1\\]](#cite-id-tyR2UOrrlqk0Itkv)​\n\n## Technology and Mechanics\n\n### Agent lifecycle and bonding-curve model\n\nThe [Virtuals](https://iq.wiki/wiki/virtuals-protocol) platform uses an [agent](https://iq.wiki/wiki/ai-agents) lifecycle in which projects begin in a “Prototype” phase and can later transition to “Sentient” status once defined thresholds are reached. Early-stage token issuance is supported by a bonding-curve mechanism, with references indicating a setup cost of 100 VIRTUAL and a graduation threshold of 42,000 VIRTUAL, after which broader liquidity may become available through external pools on networks such as [Base](https://iq.wiki/wiki/base). This lifecycle shapes how tokens gain liquidity and market access over time. Prior to graduation, trading is generally limited to the bonding-curve environment, while post-graduation access to [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) can expand visibility and liquidity. These mechanics apply at the platform level and are commonly used to explain the behavior of [agent](https://iq.wiki/wiki/ai-agents)-linked tokens such as TIBBIR across different stages of development. [\\[2\\]](#cite-id-98MrpAwlqSgTCSMW)​\n\n### Fees and protocol flows\n\nThe [Virtuals](https://iq.wiki/wiki/virtuals-protocol) framework includes fee structures tied to each stage of the [agent](https://iq.wiki/wiki/ai-agents) lifecycle. During the Prototype phase, a 1% [trading fee](https://iq.wiki/wiki/trading-fee) is directed to the protocol treasury, while in the Sentient phase, a similar fee may be distributed with a majority allocated to the [agent](https://iq.wiki/wiki/ai-agents) creator and a portion to ecosystem incentives. These fee mechanisms describe how value may flow within the platform but do not establish direct entitlements for token holders. Available information does not confirm that ownership of tokens such as TIBBIR provides rights to protocol revenue or [agent](https://iq.wiki/wiki/ai-agents)-generated income. [\\[2\\]](#cite-id-98MrpAwlqSgTCSMW)​\n\n## Tokenomics\n\nTIBBIR has a total supply of 1B tokens and has the following distribution: [\\[1\\]](#cite-id-tyR2UOrrlqk0Itkv)  [\\[5\\]](#cite-id-KMvQzLX4c4C6sIGS) \n\n* **Public Sale**: 87.5%\n* **Liquidity Pool**: 12.5%","summary":"Ribbita by Virtuals (TIBBIR) is an AI agent-linked token in the Virtuals ecosystem on Base. 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