An article explains the development status of ai16z and Virtuals: As of December 30, the overall market value of AI Agent has reached $11.68 billion, an increase of nearly 39.1% in the past seven days. Specifically, the ecosystem market value of Virtuals reached $5.01 billion, and ai16z reached $1.63 billion, accounting for 56.8% of the AI agent market share, and the combined market value of other projects was about $170 million. AI16z's token portfolio is relatively centralized, with a small number of high-value tokens dominating the overall asset size As of December 30, ai16z had a net asset value (NAV) of approximately $23.355 million, covering more than 1,400 tokens. Among these tokens, there are only 3 tokens with a market cap of more than one million US dollars, namely ELIZA, FXN and Degenai, which account for 84.3% of the total market capitalization. There are 6 tokens with assets between $100,000 and $1 million, and the rest have a market capitalization of less than $100,000. Compared with ai16z, the quality of Virtuals ecological projects is relatively high, but there is a certain concentration problem in its ecological development. As of December 30, there are currently about 510 Virtuals ecological projects. Among them, there are 4 projects with a market value of more than 100 million, namely $AIXBT, G.A.M.E, $Luna and VaderAI, accounting for 19.2% of the overall ecosystem; There were 99 projects between US$1 million and US$100 million, and about 60% of the remaining projects had a market value of less than US$100,000. Regarding the different AI Agent development routes of ai16z and Virtuals, independent researcher Haotian previously pointed out: ai16z is more open-source, more like an "Android-style" developer ecological alliance route, while Virtuals has taken an "Apple-style" ecological expansion route, more like an AI Agent "Star-making Dream Factory".