ERC-8183 Explained: How Ethereum Built a Freelance Economy for AI Agents
What if every AI agent on the internet could hire another agent, escrow the payment in a smart contract, and release funds only when a third-party verifier confirms the work was done — all without a human touching a single button?
That is the promise of ERC-8183, the "Agentic Commerce" standard proposed on February 25, 2026, by developers at Virtuals Protocol in collaboration with the Ethereum Foundation's dAI team. Less than six weeks after publication, the standard already has live deployments on Arbitrum, BNB Chain, and the XRP Ledger. It may be the most consequential Ethereum standard since ERC-721 introduced NFTs — except this time, the customers are not humans collecting JPEGs but autonomous software agents conducting business at machine speed.