What is the $IRIS Token Launching on Virtuals.io Tomorrow?

Tomorrow, June 11, 2025, Virtuals Protocol will launch $IRIS, a groundbreaking AI agent token on the Ethereum Mainnet, marking a significant milestone as the first Virtuals agent to debut on this blockchain. Built in collaboration with Nethermind and supported by the Ethereum Foundation, $IRIS is an autonomous AI agent designed to perform real-time smart contract audits, enhancing security in the decentralized ecosystem.

What sets $IRIS apart is its focus on smart contract security. The AI agent scans code repositories and conversations to identify vulnerabilities, acting as a proactive “security guard” for blockchain interactions. This capability addresses a critical need in the crypto space, where exploits can lead to significant losses. Unlike typical tokens, $IRIS integrates with Virtuals Protocol’s Genesis Launchpad, ensuring a fair and transparent token distribution. Notably, 50% of its 1 billion token supply is airdropped to the Ethereum community via Virgen Points, earned through staking $VIRTUAL or on-chain contributions, with no team allocation, fostering community-driven ownership.

$IRIS operates with its own liquidity pool on Ethereum Mainnet, distinct from Virtuals’ usual Base chain deployments, showcasing its interoperability and scalability. The token unlock period spans 182 days, encouraging long-term commitment. Its integration into Virtuals’ ecosystem, which leverages blockchain for co-owned AI agents, positions $IRIS as a pioneer in AI-driven blockchain security.

The launch has generated buzz on X, with users praising its innovative approach and community-focused tokenomics. As $IRIS aims to redefine smart contract auditing, it offers investors and developers a unique opportunity to engage with a token that combines AI, blockchain, and security in a rapidly evolving digital landscape.