Genesis: A New Contribution-Based Token Distribution Mechanism by Virtuals Protocol Launched

According to Jinse, the Virtuals Protocol has launched a new emission mechanism called Genesis. Genesis acts as a protocol-level primitive for proxy token distribution, transforming token emission into a proof system where usage, liquidity, and coordination determine access. Key features include: point-based access (earned through actual participation), on-chain allocation logic (deterministic, transparent, and fair), and a refund guarantee (designed to protect contributors).