Merchant Trust Layerpre-seed · working name

The trust layer
for agentic commerce.

AI shopping agents need to know which merchant to trust. We built the signal, proved it changes their pick - and we're ready to take it out of the sandbox.

The shift

Commerce is moving to agents.

Soon your assistant does the buying, not you. When an agent has a thousand merchants for one product, a single question decides the sale: which merchant does it trust?

Today

Right now, trust is a crude checkbox.

Is it a Google Merchant?
Does it have a Stripe account?
Are the reviews decent?
? Will it actually ship, and refund if it doesn't?

The checks that exist are gameable. The one that matters has no answer.

The flaw

The industry is building trust backwards.

Every protocol verifies
Google UCP
Visa TAP
Mastercard Agent Pay
OpenAI / Stripe ACP
The buyer's agent
Is this bot allowed to pay?
✓ verified
The seller
Will this merchant deliver?
unanswered

"None of the protocols address merchant trustworthiness, reliability, or likelihood of fulfilment." - confirmed across all six, from their own specs.

Why now

Cheap trust breaks when money flows.

3-10x
more gameable than humans - AI agents, in controlled studies
5x
more likely to pick whatever's top-listed or badged - regardless of whether it actually delivers

As real money moves through agents, today's signals become the attack surface - and the defence isn't another gameable badge, it's reliability measured from real outcomes, read from a neutral source no merchant can spoof.

Neutrality

It can't be Google or Amazon.

No agent trusts a rival's say-so. The only trust layer every agent can read is the one no platform owns. UCP is Google-controlled and donated to no neutral body - the centralized seat is taken; the neutral one is wide open.

Neutrality is a position the giants structurally cannot occupy. That's the seat we're building for.

Lived it

We didn't research this. We lived it.

KAAL, before

A physical store, a Google Business Profile, and multiple 5-star reviews. Visible, trusted, choosable.

After going online-only

Fulfilment, no retail - so Google revoked the Business Profile, and every review vanished with it. A reliable store, invisible to agents - for a reason that has nothing to do with whether it delivers.

Trust today is rented from a platform and revocable at its whim. KAAL is our merchant-zero - we're building the reputation a merchant owns, because we're the merchant who lost it.

What we built

A reputation the merchant owns.

Merchant Reliability Recordsigned & verifiable
94reliability
On-time delivery98.2% ✓ courier
Refund honoured99.1% ✓ Stripe
Dispute rate0.3% ✓ Stripe
Orders measured12,400
Ed25519-signed · issued by independent sources · owned by the merchant

Measured from KAAL's real transaction data - sales, deliveries, refunds, disputes - signed so it can't be faked, and published where an AI agent can read it. The v1 loop runs end to end, today.

The machinery

Attestation · Verifiable Credential · DID

Attestation

A signed statement of fact. "Stripe attests: 12,400 orders, 0.3% dispute rate." Vouched for by a party with no reason to lie.

Verifiable Credential

The tamper-proof envelope. Issuer signs, merchant holds, any agent verifies - without phoning the issuer.

DID

A self-owned identifier - a W3C web standard, not a token or a chain. No platform issues it or can revoke it; it's the mechanism behind "the merchant owns it."

A merchant holds a tamper-proof certificate of facts, signed by independent parties, under an identity it owns outright - so any agent can verify it's reliable, and no platform can take it away.
How it works

One loop, end to end.

Connect
Shopify, Stripe, courier
Measure
ship / refund / dispute
Sign
portable credential
Publish
domain + UCP
Agent reads
verifies & picks

It rides the rails that already exist - published as a W3C Verifiable Credential, the same envelope Google's AP2 and Mastercard use. UCP-compatible, never UCP-dependent. The merchant connects once; any agent verifies in milliseconds.

The validationearly · sandbox

We tested it three ways. It works.

It moves the pick

Shown a verified reliability signal, agents went 0% → 92% for KAAL - vs just 3% for the same numbers self-declared. When the agent fetches and verifies on its own, it settles around 70%. Either way, a vast lift from zero.

Agents use it unprompted

Given only a fetch tool and no nudge to care about trust, they fetched the credential 100% of the time, picked KAAL ~70%, and dropped to 0% on bad numbers. They read the content, not the label.

Forgery-proof

A forged credential carrying better-than-real numbers was rejected by every model. Self-declared and unsigned - also rejected. Only the genuine, independently-signed record wins. n=15, three models.

Pre-registered across Claude, GPT and Gemini - on our own store, in days, for almost nothing. Honest scope: LLM-agent proxies in a sandbox, not live shopping surfaces.

What it means

The mechanism is proven. The bet narrowed.

A hard-to-fake reliability signal actually changes which merchant an AI buys from - and it's the verification, not the numbers, that does it. A signed credential is an authentication floor, not an amplifier: it makes forged and unsigned claims worthless. That's the clean answer to "isn't this just a badge?" - at the crypto layer, a fake one can't win.

The question is no longer whether it works. It's timing and reach - when agents weigh trust at scale in the wild. We don't bet the company on that clock; the wedge pays on today's demand while the data moat compounds.

Why not them

Everyone touches the edge. No one is in the seat.

Trustpilot / review platforms
Hold self-reported reviews, not measured transactions. Gameable sentiment, not fulfilment fact.
Experian / D&B / credit bureaus
Measure debt repayment, not whether a store ships. The data isn't in any credit file.
Nomotic / AGTP
Built merchant identity; explicitly deferred the reliability score - the exact piece we build.
Google / Amazon
Have the data, but it's locked and non-neutral - no rival agent will trust it.

The intersection - measured, portable, neutral merchant reliability - is the empty seat. That's us.

The prize

Become the default. Not a slice.

Ceiling
The standard, not a share. Trust consolidates to one neutral reference, and no platform can hold the neutral seat. The prize is being the layer read on ~every agent purchase, with a record on ~every merchant. Winner-take-most.
Floor
Even the downside is large. Convert under 1% of merchants to paid and that's already tens of millions in recurring revenue. Mass adoption is the goal; a sliver paying is already a real business.

A $1T+ agent channel by 2030. The comps - S&P, Moody's, Experian, D&B - prove trust-data is durable and high-margin. Our edge isn't their regulatory mandate; it's first-mover data accretion, neutrality, and being agent-native.

Business model

The read is free. The relationship is paid.

Shoppers · free

The record is free to read at the point of purchase, forever. Meter the lookup and agents route around it - ubiquity is the moat.

Merchants · the engine, now

Pay to be measured, verified and equipped - distribution, conversion, tooling. Never to move the score. Trusted = chosen = more sales.

Industry · the multiplier, later

Platforms, processors and underwriters license the dataset (SLA feed, not per-query). They earn on trust decisions at scale.

Revenue never depends on charging for a verdict - the one thing that kills adoption and invites lawsuits. The pre-seed rests on merchant subscriptions, not a someday-fintech.

Defensibility

Three moats that compound.

Data

We can observe millions of stores from the outside - a thin-file baseline before anyone signs up, upgraded to a measured record when they connect. Exactly how a credit bureau works, and it can't be back-filled.

Neutrality

The Switzerland position no platform can occupy - rivals can't be each other's trust authority.

Ownership

The record is merchant-owned and portable - they carry it everywhere, which is why they adopt and stay.

First mover accretes the data and becomes the default reference before any incumbent can turn. The bureau is never empty.

The next proof

We're ready to take it out of the sandbox.

The mechanism is proven in the lab - it moves agents, it rejects forgeries. The next proof is the market: a paying merchant who isn't us, and the signal working on live AI shopping surfaces - ChatGPT, Perplexity, Gemini. That is exactly what this pre-seed funds.

We've earned the right to scale the test. Now we need the runway to run it for real.

Team

Full-time on the raise.

S
Sam Barton
Vision · commerce
Two decades building scalable e-commerce brands. NeverKO exit; founder of Barton Holdings; operates KAAL - the merchant-zero store.
V
Vincent Schalk
Attestations · product
GM at OneFootball; co-founder of OneFootball Labs; ex-Director, Innovation & Blockchain. Prior exit: Goal Analytics (acquired by OneFootball). Origin of the trust-graph thesis.
D
Dominic Obojkovits
Engineering · cryptography
Co-founder & protocol engineer at Orobit (Bitcoin smart contracts). Former CTO of Cardware Wallet (Africa's first hardware wallet) and Dark Fusion.

All three go full-time on close. Commerce, identity & attestations, and cryptographic engineering - with two prior exits between them.

The askillustrative - founders to set

Raising a ~$500K-1M pre-seed.

Team full-time 55%
Go-to-market 30%
Runway & legal 15%
The three founders, full-time
Land the first paying merchants
Runway + legal foundation

12-18 months to: the team full-time, the first paying merchants who aren't us, and the signal live on real AI shopping surfaces - the milestones that earn the seed.

What we want a partner for

The questions we're working through - openly.

Timing

When does agent-driven commerce hit scale - and how do we stay first while it does?

Neutral vs platform

Neutrality is the moat; staying independent (the Moody's path) is the exit. We want a partner who's mapped this.

Regulatory posture

Report facts, not verdicts; a dispute process from day one (FCRA-style). We'll do the homework with the right counsel.

Go-to-market

The fastest path from KAAL-as-proof to the first hundred paying merchants.

We're not looking for just a cheque. We want pre-seed partners who've thought about these and will help us navigate them. Everything else is open for discussion.

The seat

The mechanism is proven. Let's take it to market.

The trust layer for agentic commerce is inevitable, and it can't be the platforms. We built the signal, proved it works, and we're ready to go full-time and find the first customers.

Out of the sandbox - together.

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Merchant Trust Layer