Mirai: AI-driven Metaverse Creation and Monetization Platform
The Mirai whitepaper was written and released by the core team in 2016, against the backdrop of growing concerns over IoT device security, aiming to address the pain points of IoT device security and explore the potential for their large-scale collaborative operation.
The theme of the Mirai whitepaper can be summarized as “Mirai: A Distributed Collaborative Framework Based on IoT Devices.” What makes Mirai unique is its proposal of a method for IoT device discovery and exploitation based on weak credential scanning and self-propagation mechanisms, and the realization of distributed control through lightweight, memory-resident agents; the significance of Mirai lies in revealing the potential risks and challenges of large-scale interconnection of IoT devices and providing a unique perspective for distributed systems research.
The original intention of Mirai was to explore how to efficiently aggregate globally distributed IoT device resources to build a highly resilient and scalable distributed network. The core viewpoint elaborated in the Mirai whitepaper is: through automated scanning and weak credential exploitation mechanisms, combined with decentralized command distribution, Mirai can quickly build and maintain a massive IoT device cluster worldwide, thereby achieving efficient resource scheduling and task execution.
Mirai whitepaper summary
What is Mirai
Friends, imagine if idols and characters in the virtual world were no longer just static images or videos, but could think and communicate like real people, even possessing their own “digital life”—what would that look like? The Mirai project (abbreviated as MIRAI) is exactly such an imaginative blockchain project. It’s like a “digital dream factory,” dedicated to bringing AI-powered virtual humans (or you can think of them as “digital idols”) into the blockchain world, making these virtual characters more lifelike, interactive, and able to be co-owned and co-created by the community.
Its core target users are creators, fans, and general users interested in virtual idols, the metaverse, and Web3 technologies. Through Mirai, you can experience real-time interaction with AI virtual idols and participate in their growth and development.
Typical usage flow:
- Create virtual avatars: Mirai uses advanced AI engines, combined with 3D scanning and deep learning technology, to map real human movements onto virtual avatars in real time, supporting multilingual communication and rich expressions. Users can even generate personalized virtual humans and mint them as on-chain NFTs, owning their digital property rights.
- Interaction and participation: Fans can interact with these AI virtual idols on the Mirai platform, such as tipping (using tokens), participating in brand collaboration pools (for limited edition digital product crowdfunding), and more.
- Community governance: As a token holder, you can also participate in ecosystem governance by holding MIRAI tokens, making suggestions or voting on the project’s development direction.
Project Vision and Value Proposition
The vision of the Mirai project is to redefine the boundaries of digital identity and content creation. By integrating AI, computer-generated imagery (CGI), and Web3 technology, it aims to make virtual humans not just tools, but independent digital entities with autonomous decision-making abilities. Imagine a virtual idol who can not only sing and dance, but also interact with you personally based on your preferences, even possessing their own “thoughts” and “emotions”—this greatly expands the possibilities for digital entertainment, social interaction, and economic participation.
The core problem it seeks to solve is that in traditional virtual idol or digital content fields, users are often just consumers, lacking deep participation and ownership. Mirai uses blockchain technology to enable the community to co-own, co-create, and co-govern these virtual characters, thus giving digital identities longer-term value.
Compared to similar projects, Mirai’s uniqueness lies in its emphasis on “hyper-realistic virtual humans,” leveraging the rich experience of Japan’s Aww Inc. in virtual human development (such as Asia’s first virtual human imma), and collaborating with the AI platform Holoworld on Solana to create lifelike CGI virtual humans and bring them on-chain.
Technical Features
The technical architecture of the Mirai project is like a sophisticated bridge, connecting the intelligence of artificial intelligence with the decentralization of blockchain.
- AI generation and on-chain authorization: The core of the project is its AI generation capability, able to create highly realistic virtual humans. The generation and authorization process of these virtual humans will be recorded and managed via blockchain, ensuring their uniqueness and ownership.
- AVA AI engine: This is a powerful “brain” that uses 3D scanning and deep learning technology to capture real human movements in real time and map them onto virtual avatars, making the actions and expressions of virtual idols vivid and lifelike. It also supports multilingual interaction, allowing virtual idols to communicate seamlessly with users worldwide.
- Solana blockchain: The Mirai project is built on the Solana blockchain. Solana is known for its high-speed and low-cost transactions, which is crucial for a virtual human ecosystem that requires handling large amounts of real-time interaction and digital assets—like a wide highway ensuring smooth and efficient data transmission.
- Mirai Terminal: This is an interactive platform planned for launch in Q3 2025, integrating tipping (token-based), brand collaboration pools (for limited edition digital product crowdfunding), and a smart contract-driven revenue sharing mechanism. Fans can participate more deeply in the ecosystem through this platform.
Tokenomics
The MIRAI token is the “fuel” and “voting right” of the Mirai ecosystem.
- Token symbol: MIRAI
- Issuing chain: Solana blockchain
- Total supply: The total supply of MIRAI tokens is 1 billion.
- Current circulation: As of November 25, 2025, the circulating supply of MIRAI tokens is approximately 999,999,907.
- Token utility:
- Governance: MIRAI token holders can participate in the platform’s decision-making process, influencing the project’s development direction.
- Service access: Tokens can be used to access premium content, virtual assets, and AI-driven experiences.
- Staking: Users can stake tokens to earn rewards and support network operations.
- Ecosystem participation: Tipping, brand collaborations, and more on platforms like Mirai Terminal.
- Token allocation:
- Team and partners: 25% (Aww Inc. 15%, Holoworld 10%)
- Presale investors: 30%
- Ecosystem fund: 25% (for developer incentives and brand collaborations)
- Liquidity pool: 20% (released in stages to stabilize price)
- Unlock information: Investor tokens will be unlocked in batches starting from Q3 2025.
Team, Governance, and Funding
The Mirai project is co-developed by Japan’s Aww Inc. and Holoworld. Aww Inc. has extensive experience in virtual human development, having created Asia’s first virtual human, imma. This combination of industry experience and Web3 technology provides a solid foundation for the project.
Governance mechanism: Mirai token holders can participate in project decisions through a governance mechanism—a decentralized governance model that gives the community a voice.
Funding: After launching in 2025, the Mirai project successfully raised over 76,000 SOL (about $12.9 million) through a presale, setting a fundraising record for Japanese Web3 projects. As of May 2025, its market cap has exceeded $20 million.
Roadmap
Since its launch in 2025, the Mirai project has made some progress and planned important milestones for the future.
- 2025: Project launch, successful fundraising, rapid listing on Binance Alpha, and market cap surpassing $20 million.
- Q3 2025: Planned launch of the Mirai Terminal platform, integrating token tipping, brand collaboration pools, and smart contract-driven revenue sharing mechanisms.
- Future plans: The project aims to create a new paradigm of virtual humans as autonomous digital entities with long-term value in the Web3 ecosystem, through meme culture, social platforms, and community-driven IP development.
Common Risk Reminders
Any emerging blockchain project comes with risks, and Mirai is no exception. Before participating, be sure to understand these potential risks:
- Technical and security risks: Although the project uses advanced AI and blockchain technology, smart contract vulnerabilities, network attacks, or potential issues with the underlying Solana blockchain could impact the project. In addition, ethical and misuse risks of AI technology should also be considered.
- Economic risks:
- Sell-off pressure risk: Investor tokens will be unlocked in batches starting from Q3 2025, and the staged release of the liquidity pool may lead to high volatility in token prices.
- Value capture challenge: The ecosystem’s revenue depends on virtual idol collaborations and tipping income. If the project fails to continuously develop new IP or expand use cases, the token may face the risk of “meme-ification,” where its value is driven more by hype than actual utility.
- Token concentration risk: Early investors or a few large holders may own a large number of tokens, which could lead to overly concentrated governance power and increased risk of market manipulation.
- Compliance and operational risks: With global cryptocurrency and AI regulatory policies constantly evolving, the project may face compliance challenges. In addition, long-term operation and community development require ongoing investment and effective management.
Please note: The above information is for reference only and does not constitute any investment advice. The cryptocurrency market is highly volatile—please conduct thorough due diligence and risk assessment.
Verification Checklist
When researching any blockchain project in depth, here are some key pieces of information you can verify yourself:
- Block explorer contract address: Find the official contract address of the MIRAI token on the Solana blockchain, and use a Solana explorer (such as Solscan) to check token holder distribution, transaction history, and total supply.
- GitHub activity: Check whether the project has a public GitHub repository and evaluate its code update frequency and community contributions. Although there is information indicating that its documentation and frontend code are publicly accessible, the underlying on-chain program logic has not yet been made public.
- Official whitepaper/documentation: Look for the project’s full whitepaper or detailed technical documentation for more comprehensive information.
- Official website and social media: Visit the project’s official website and social media channels (such as Twitter, Telegram) to learn about the latest developments and community activity.
- Audit reports: Check whether the project has third-party audited smart contract reports to assess its security.
Project Summary
The Mirai project is an ambitious attempt that combines AI-powered virtual humans with blockchain technology, aiming to create a decentralized, community-owned digital idol ecosystem. Built on the Solana blockchain, it uses an AI engine to bring virtual characters to life and implements governance and economic incentives through the MIRAI token. The project achieved significant funding at launch and plans to launch an interactive platform to enhance user engagement.
However, as an emerging project, Mirai also faces potential risks, including sell-off pressure from token unlocks, challenges in ecosystem value capture, and token concentration issues. Its success will depend on continuous innovation, attracting more users and creators, and effectively addressing market and regulatory challenges.
For those interested in AI, the metaverse, and Web3, Mirai offers a fascinating perspective on the future possibilities of digital identity and interactive entertainment. But remember, the blockchain world is full of opportunities and risks—always do your own research (DYOR) and carefully assess your situation before making any decisions.