
Sam Ragsdale
Merit Systems
CEO @merit_systems -- Open Agentic Commerce Products: @poncho_ai @x402scan @agentcashdev Retired zkVM guy @a16z
Writing

State of Agentic Commerce: July 2026
The first issue of Merit's monthly read on agentic commerce. July 2026: 13.5 million x402 payments, MPP's fast ramp, and the Open USD consortium taking stablecoins mainstream.

The Age of Open Agentic Commerce
Checkout in ChatGPT is an incremental improvement. Open Agentic Commerce will reshape society as the internet did in the early 2000s.

Echo: The Micro-App Revolution
As AI becomes a utility, the platform era gives way to a long tail of small, opinionated apps that do one job perfectly and monetize per use.

Announcing Our $10M Seed Round
Announcing our $10M seed round led by a16z and Blockchain Capital to build the future of open source economics.

Open Source Capitalism
A new economic engine for innovation: our manifesto for the future of open source.