Multiple parties enter the battlefield, x402 tensions rise
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Multiple parties enter the battlefield, x402 tensions rise
A batch of competitors emerged in niche sectors such as Launchpad, Facilitator, and Provider.
Navigating Web3 tides with focused insightsBy: Haotian
The scent of gunpowder in the x402 race is already faintly in the air:
1) The launchpad battle is about to begin. @pingobserver has personally stepped in to launch c402 Market, creating full suspense—though its immediate goal is to build a positive flywheel for the $PING token, this is merely the opening act.
x420 Dev has abandoned its previously underwhelming launch approach and actively embraced xEcho @agileadtodark, the innovator behind the "Pay to X" empowerment concept; @memeputer
It appears one dev is standardizing shopping, NFTs, trading, and other scenarios through Agent + Pay. Others in the same category include @awenetwork_ai. In short, many differentiated launchpads will emerge, challenging Bounding Curve and exploring fair, fun, and practical token launch methods;
2) Competition in the Facilitator track is also significant. The $PAYAI token migration is underway, the Solana x402 hackathon is in full swing, @star_okx has entered the x402 race with the xlayer ecosystem, and the Base ecosystem is expanding globally via Coinbase CDP; @MetisL2 has introduced GMPayer and integrated ZKP, TEE, and other technologies to enable cross-chain autonomous payments by Agents, among many others.
As always said, the barrier to entry for Facilitators is low, but the battle for payment pipelines among Facilitators rivals the early DeFi wars between aggregators and yield vaults, leading to a flourishing landscape where multiple chains compete to join the Facilitator race;
3) Providers, serving as infrastructure builders in the x402赛道, have never been particularly visible, but they may well become key driving forces in advancing the x402 ecosystem thanks to their veteran experience and solid preparations. @questflow continues to push forward multi-chain x402 Facilitators and is integrating with Mantle, xlayer, and others; $dreams once reached an FDV over $40M, earning it community acclaim as the new frontrunner.
There’s still much uncertainty. I don’t believe Providers will be the focus of near-term speculation, but confidence in the x402 space depends heavily on what they’re building.
That's all.
Elsewhere, competition among Scanners is inevitable. @x402scan is iterating rapidly, 8004scan now supports ERC8004, and @yq_acc’s founder continues evangelizing. Though indexer competition isn't flashy, it's crucial. As previously stated, in an open, standardless x402 landscape, a new "L2Beat" will emerge from the Scanners.
As for the Agent application market, I won’t elaborate here. A wave of established Agents, especially those in the @virtuals_io ecosystem, are seeking renewed momentum through new payment features. Meanwhile, a batch of new Utility Agents, particularly in GameFi and SocialFi, seem to be brewing something. Their swift arrival is anticipated to lift the ceiling for Agent applications.
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Haotian | CryptoInsight
