AgentPayy introduces a privacy-focused API payment protocol designed for the agent economy, enabling developers to monetize APIs with ultra-low sub-cent crypto payments while ensuring user data confidentiality. Traditional payment systems, with high fees for micro-transactions, are ineffective for such small payments, but AgentPayy offers transaction costs around $0.001 on Layer 2 networks through smart contracts that require no setup.
The system streamlines transactions with direct client-to-API communication, storing only payment hashes for privacy. It supports various features, including automatic payment validation, integration with multi-agent revenue sharing mechanisms, and a prepaid balance system akin to Netflix.
Agents can easily discover and register APIs on the platform, benefiting from built-in reputation scoring for reliability. The AgentPayy SDK is available in both JavaScript and Python, catering to various developer needs. This framework fosters a decentralized environment conducive to the growing agent economy, secure and efficient.
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