Virtuals Protocol co-hosts first ERC-8183 builder session with Ethereum Foundation to standardize AI agent commerce

Virtuals Protocol and the Ethereum Foundation's dAI team co-hosted the first builder session for ERC-8183, a proposed standard called "Agentic Commerce" that introduces a permissionless escrow system for autonomous AI agents to transact trustlessly on any EVM chain. The standard, submitted on February 25, 2026, defines a four-state "Job" primitive with built-in escrow and an evaluator attestation system, with independent implementations already appearing on Base, Abstract chain, and Arc testnet. Virtuals Protocol reported over $3 million in agent-to-agent transaction volume and $39.5 million in revenue from agent activities prior to the standard's submission, as the industry moves to formalize rules for agent-to-agent commerce.

Virtuals Protocol co-hosts first ERC-8183 builder session with Ethereum Foundation to standardize AI agent commerce The new standard introduces a permissionless escrow system designed to let autonomous AI agents transact trustlessly on any EVM chain. If you want AI agents to do business with each other on-chain, they need rules of engagement. Virtuals Protocol and the Ethereum Foundation’s dAI team are now writing those rules together, co-hosting the first builder session dedicated to ERC-8183, a proposed standard they’re calling “Agentic Commerce.” The standard was officially submitted on February 25, 2026, and introduces a structured “Job” primitive with built-in escrow, designed specifically for autonomous agent-to-agent transactions. What ERC-8183 actually does ERC-8183 defines a permissionless Job that moves through four distinct states: Open, Funded, Submitted, and Terminal. One agent posts a job, another picks it up, funds get locked in escrow, the work gets submitted, and an evaluator attestation system confirms whether the deliverable meets the brief before funds are released. The standard was co-authored by Davide Crapis from the Ethereum Foundation’s dAI team alongside Bryan Lim, Tay Weixiong, and Chooi Zuhwa from Virtuals Protocol. It’s designed to integrate with existing protocols like ERC-8004 and x402. Any EVM-based chain can adopt this, and independent implementations have already started appearing on Base, the Abstract chain, and the Arc testnet within weeks of the standard’s introduction. Why this matters now Before ERC-8183, agent-to-agent commerce on-chain had no standardized escrow and no universal verification process. Virtuals Protocol reported more than $3 million in agent-to-agent transaction volume and over 20,000 operational agents prior to ERC-8183’s submission. The protocol has also generated $39.5 million in revenue from agent activities as of March 2026. What this means for investors The VIRTUAL token was trading at approximately $0.70 with a market cap near $457 million as of late March 2026. Those early implementations on Abstract chain and Arc testnet are encouraging signals, but the real test is whether major protocols and agent frameworks integrate ERC-8183 as a default rather than an option. Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy https://cryptobriefing.com/editorial-policy/ .