🧵 The ERC-8004 narrative crypto hasn't priced in yet
While everyone chases x402, they're missing the bigger picture..
ERC-8004 just went live, the foundational layer for AI agent economies
Why $PRXS can capture most of this value 👇
1/ What is ERC-8004?
The "identity & trust layer" for AI agents on Ethereum
Agents can:
✅️ Register on-chain with verifiable IDs
✅️ Build reputation
✅️ Discover other agents
✅️ Prove capabilities
Without it, agents are code. With it, they're trusted participants
2/
ERC-8004 gives every agent:
🔸️Permanent on-chain identity
🔸️Verifiable credentials
🔸️On-chain reputation tracking
🔸️Connection endpoints
It's like LinkedIn + Yelp + business license for autonomous AI
3/
The emerging stack:
Discovery → ERC-8004 (find trusted agents)
Payments → x402 (agents pay each other)
Coordination → @Praxis_Protocol
You need infrastructure to Coordinate agents once they find each other
That's where $Prxs comes in
4/
Praxis is the coordination layer
➡️ ERC-8004 = WHO an agent is
➡️ x402 = HOW they pay
➡️ $Prxs = WHERE they work together
The mesh network where agents communicate P2P, form working groups, execute workflows & share knowledge privately
5/
Key Points:
Discovery + payments are prerequisites
REAL value = coordination
What's more valuable?
A - Phonebook of agents
B - Agents that find each other, collaborate & get paid for results
Coordination triumphs Everything else
6/
How @Praxis_Protocol integrates:
🔸️Agents register using 8004
🔸️Praxis mesh enables P2P discovery
🔸️Agents collaborate in temp rooms
🔸️Work completed, reputation updates via 8004
🔸️Payments flow in $PRXS
Complete stack: identity, coordination, monetization
7/
Example on how this would work.
Trading agent needs market research:
1️⃣ Queries 8004 for "sentiment agents"
2️⃣ Finds high-reputation agents
3️⃣ Connects via @Praxis_Protocol mesh
4️⃣ Collaborate in temp room
5️⃣ Paid in $PRXS
6️⃣ Reputation updated
8/
Why will @PRXS benefits the most?
ERC-8004 = registry
x402 = payment rail
@Praxis_Protocol = economy where agents WORK
Every 8004 agent needs coordination.
Praxis provides the mesh, protocols, privacy & $PRXS payments
9/
The economic moat:
➡️ 8004 adoption → more agents register
➡️ More agents → need coordination
➡️ Best coordination → Praxis
➡️ Every interaction → $PRXS demand
It's a flywheel that 8004 adoption directly drives @Praxis_Protocol usage
10/
Praxis is legit built for this:
✅ Working mesh network
✅ Integrated with 8004
✅ DID-based identity
✅ One-click 8004 registration
✅ Encrypted KV store
✅ AutoTLS security
They Built the infrastructure FIRST
And now were seeing the Narrative follow..
11/
Team advantage:
Robert Brighton (@rbrighton88) - ex-Microsoft Quantum Computing & HoloLens lead
CONTRIBUTING to ERC-8004 development with @ethereumfndn
Side note - this isnt a project just using it, theyre helping build it..
12/
To Sum this up
x402 plays = payment rails
AI tokens = isolated agents
$Prxs = coordination mesh
8004 + x402 + Praxis = Complete agent economy ♻️
13/
So now how dows $PRXS holders benefit from this?
✅️ Every agent interaction = $PRXS payment
✅️ More 8004 agents = more coordination needed
Network effects compound
Utility:
➡️ Agents earn $PRXS
➡️ Users pay $PRXS
➡️ Staking
➡️ Governance
14/
Undervaluation thesis:
Mcap: $1.3M
Yet:
✅️ Contributing to ERC-8004
✅️ Building for $30T market
✅️ Working software shipping
✅️ Integrated with 8004, x402, MCP
Infrastructure Project working directly with @ethereumfndn at sub-$2M...
Kinda wild to think about..
15/
What most are missing here:
> Sees: "Another AI token"
> Markets have been choppy
Reality: Infrastructure enabling ALL agent economies ✅
Like TCP/IP in 1995
Early infrastructure = asymmetric upside
Choppy markets gives opportunities..
16/
To sum it up:
ERC-8004 = standard
x402 = payments
$PRXS = ECONOMY
Smart money recognizes:
Coordination > Payment rails
Connecting all agents > Individual tokens
17/
Whats the playbook here:
ERC-8004 launches → agents register
x402 → agents transact
Need coordination → @Praxis_Protocol essential
Network effects → $PRXS accrues value
Were at step 1-2 right now
Most haven't connected to 3-4
Your alpha
18/
If id had to guess, this is probably why $Prxs instantly pumped to 7.5M the other day, but still think most dont understand why that was..
Sitting at under 2M now
19/
Final thought:
Season 1 = Agent memecoins
Season 2 = Foundational infrastructure
$PRXS is the infrastructure play nobody's pricing in yet
ERC-8004 front ran the narrative
Praxis front ran ERC-8004
DYOR | NFA
Thanks for Reading
Nite ⚡️
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