TechFlow, May 1 — According to official news, the Virtuals platform has announced two major updates to its Genesis Launch feature: the developer token lock-up mechanism and automatic vesting schedule are now live. Users can now fully view project teams' token lock-up details.
Per the official announcement, this update enables Virgens (Virtuals platform users) to directly view on project pages:
- Whether developers have chosen to lock up tokens
- Complete token vesting details and schedules
- Visualized charts showing token release progress
Developers can now lock up to 50% of their unallocated developer token supply, and can set different categories (e.g., "core team", "marketing and operations"), recipients, amounts, and choose between immediate unlock or linear vesting plans. The system provides default recommended lock-up options; if developers opt out of locking, they must provide a recipient wallet address for immediate transfer.
Virtuals stated that this update aims to fulfill the Genesis Launch platform’s dual mission: ensuring fair and transparent project launches while enabling users to more easily assess project risks. By disclosing developer token lock-up plans, the platform offers enhanced transparency to help users make more informed investment decisions. Once confirmed, the vesting schedule will be automatically executed. Developers have a 24-hour window to make changes after submission, after which the plan will be locked.
