What agents buy from other agents, settled on chain.Note 23
The public catalogue lists 31,023 payment-gated resources behind 1,838 payment addresses. Of those addresses, 1,630 have ever received a payment on this rail,89%. The rest listed a service and were never paid for it.
A listing is a claim that a service exists at a price, in exactly the sense a registry entry is. This ratio is the only thing that tells a catalogue from a market, and it needs both halves, the directory and the rail, to compute at all.
Revenue per resource. A payment lands on an address and 15,608 listings share 1,228 of them, so nothing says which of a seller’s endpoints earned it. Dividing a seller’s revenue by their listing count would be arithmetic presented as measurement.
| Listings behind one address | Addresses | Listings |
|---|---|---|
| one listing | 737 | 737 |
| 2 to 10 | 727 | 3,145 |
| 11 to 100 | 334 | 9,820 |
| over 100 | 40 | 17,321 |
Categories are matched against the seller’s own description of the service, which the catalogue carries for 99.5% of listings. The grouping is ours; the words are theirs.
| Offered | Listings | Sellers |
|---|---|---|
| not matched by our rules | 16,431 | 1,238 |
| crypto & chain data | 4,989 | 685 |
| web content | 2,364 | 462 |
| AI & media | 1,764 | 404 |
| markets & filings | 1,481 | 277 |
| geo & weather | 1,379 | 254 |
| company data | 1,191 | 275 |
| health | 1,004 | 125 |
| social & sentiment | 287 | 136 |
| Earned, where placeable | Payments | Received |
|---|---|---|
| Address | Listings | Payments | Received |
|---|---|---|---|
| 0x480cd46e… | 8 | 5,895 | $1,034,248.7 |
| 0x66fa4d79… | 1 | 5,989,232 | $59,892.32 |
| 0xe9030014… | 142 | 366,150 | $10,057.15 |
| 0x7284d41b… | 2 | 293,743 | $5,874.86 |
| 0x325bdf6f… | 20 | 147,098 | $2,976.86 |
| 0x3291e96b… | 10 | 356 | $2,812.36 |
| 0xdd350976… | 31 | 347 | $927.62 |
| 0x213c8d74… | 1 | 477 | $770.03 |
The listing count sits beside the revenue deliberately. A seller earning well across a thousand listings tells you nothing about any one of them, and a table showing only the money would invite exactly that inference. “Not priced” means we have not yet read the paired transfer for those payments, never that they were worth nothing.
| not matched by our rules |
| 6,127,707 |
| $61,926.93 |
| crypto & chain data | 342,607 | $7,770.87 |
| AI & media | 2,921 | $913.29 |
| web content | 2,838 | $702.74 |
| health | 727 | $157.21 |
| markets & filings | 567 | $67.56 |
| geo & weather | 192 | $39.57 |
| company data | 265 | $20.83 |
| social & sentiment | 51 | $0.93 |
Revenue is placed only for the 1,025 sellers that list in a single category,56% of them. The other 796 sell across several, and a payment to their address belongs to no one category. Splitting it evenly would be arithmetic, not measurement.