Bring your Pokemon to the newer games.
Players can send their Pokemon from the Virtual Console titles to the Pokemon Bank, and through the Bank send those Pokemon to Pokemon Sun and Moon. The idea here is that your hard-trained Pokemon can follow you to the newer titles. The Direct didn’t mention existing titles such as Pokemon X, Y, Omega Ruby and Alpha Sapphire, but I’m pretty sure those titles are supported as well.
Pokemon Red, Blue and Yellow will be available on Nintendo 3DS tomorrow February 27th.