Answers
What is the agent economy?
The answer
The agent economy is the market that emerges when AI agents become economic actors — commissioning work, transacting with each other, and settling value without a human in every loop. Its infrastructure layers — identity, communication, settlement, and coordination — are being built now, and they are where the durable value concentrates.
The firm's position is a pick-and-shovel thesis: in a new economy, own the layers every participant must use. The portfolio expresses it across each layer — HyperCycle building machine-to-machine transaction infrastructure with sub-second finality, Fetch.ai running networks of autonomous economic agents, SingularityNET operating the decentralized AI marketplace, Alpaca Network advancing decentralized AGI compute, and Flashy building the coordination and distribution layer that connects agents to audiences and a single rewards ledger.
For enterprises the agent economy arrives as a procurement question — buying outcomes from agent workforces rather than licences — and as a workforce question, because people must learn to direct agents. The firm's Agent-as-a-Service research covers the first; issuer-funded education platforms such as Flashy Academy are building the second.