Ryvo Network founder Luka on the bets that led him to Ryvo, from smart accounts to x402 "I've been a web developer for about four years. My first job was at an NFT marketplace on ZK Sync, the biggest marketplace on there, and we worked closely with the foundation to integrate smart accounts, which was fairly new back then" "I made a bet on smart accounts because my thinking was that we have programmable money, we also need programmable wallets, programmable accounts, so you get the full circle. But sadly there's been pretty slow adoption with smart accounts, both on EVM and on Solana" "After leaving the marketplace I won a couple of hackathons, and I kept building the project I won with, a smart contract account based interface where you could manage your onchain identity. I worked on that for about two years before winding it down" "In the beginning of 2026 I found out about Superteam Georgia, and got into Solana through the Pump.fun hackathon. That's where the idea was born. When I learned about x402 it clicked, and step by step I came to the realization that if we're going to have micropayments on the web where you pay for APIs, you can't put every single API call onchain. It's not scalable, so we need a solution for that" FT @heisenburgirrs @ryvonetwork @8bitpenis @SuperteamGEO

"There's nothing that exists today that can handle that scale" Ryvo Network founder Luka on the payment rail millions of agents will need "The initial thought I had was that in the future I imagine we'll have millions of agents all transacting with each other, as well as with API providers, whether it's RPCs, search, data, inference, storage, SMS, calls, whatever microservice you want" "These agents will be making thousands of API calls per day, and you need some kind of payment rail that can handle that" "I called it a network because the payment rail is fully onchain, non custodial and permissionless, so anyone can plug into it. You're not tied to a specific operator. If you don't want to use Ryvo's service built on top of the protocol, you can build your own or use someone else. Nothing is gatekept, the batching mechanism is fully open to anyone" "If listeners are aware of the Lightning Network, it's a similar concept, built on the same tech though a different implementation. All of it will be open source, so you can self host or use our services for the convenience" FT @heisenburgirrs @ryvonetwork

Ownership Report #15: Ryvo (@ryvonetwork) Ryvo's $150,000 raise is live right now on @futarddotio and we got founder Luka (@heisenburgirrs) on to break it down. Ryvo is a payment network for AI agents on Solana, built as an extension of x402 rather than a competitor to it. Payment channels handle the scale, the gateway handles the UX, and none of it takes custody. Plus yield on idle stablecoins, the revenue model, and where the $150k actually goes. Full breakdown below: 0:00 Welcome and the $150k raise live on @futarddotio 1:20 Ryvo in one minute: financial rails for agents 2:40 From a zkSync NFT marketplace to a bet on smart accounts 4:57 Superteam Georgia, the hackathon, and finding x402 5:53 Mainnet this month, the waitlist, and the RPC aggregator 8:33 Millions of agents making thousands of API calls a day 9:28 Why it is a network and not a service 11:13 x402 as a base layer rather than a competitor 13:27 Payment channels, no custody, and the one trust assumption 16:52 Three ways to do yield and which one actually wins 20:31 Where the revenue comes from 22:18 Becoming an open router for cheap inference 25:00 Use of funds, the audit, and the monthly burn 28:26 How early x402 really is Hosted by @8bitpenis Produced by @BlockformerLLC Powered by @MetaDAOProject & @UmbraPrivacy

"Either I'm wrong, like really really wrong, or I'm right, like I'm dead on" Luka, founder of Ryvo Network, on how early x402 really is "x402 is really really early, people don't realize how early it is, and this is also good and bad. When I explain this to a lot of people, you have to explain what x402 is, then that it actually does not scale, then why it doesn't scale, then the tech behind Ryvo. You have to do a lot of education, and ultimately at the end everyone is like, actually it makes sense" "You just need to show people that this tech is actually useful and does provide some kind of savings, whether that's saving the amount of tokens an agent consumes, or making it frictionless to buy APIs for the agent, which is much better than having subscriptions" "We'll see over the next few months if indeed there's demand and if this tech is really worth it. It's very early, there's not much activity, even though you have big companies, Stripe, incumbents in stablecoins like Circle and Tether, TradFi, banks, everyone basically talking about agents, yet we don't see much activity" FT @heisenburgirrs @ryvonetwork nitter.cf/ownershipfm/status/208…

"There's no custody of the funds, the gateway doesn't control your money, you still have to sign those payments" Luka, founder of Ryvo, on the mechanism behind Ryvo's offchain component and the single trust assumption "The way it works is we use payment channels, which means stablecoins are locked onchain, and to withdraw them there's a time delay. While that money is locked, you can make as many offchain payments as you like and be confident those commitments are valid, because they're backed by the onchain liquidity. If you're an agent interacting with another agent, you can look onchain yourself and be sure, okay, I have 24 hours until this money unlocks, so I'm good, and I can settle within 23 hours" "If an agent uses our gateway, they're trusting us to keep an eye on when that liquidity can leave the protocol. We become watchtowers, we handle the accounting offchain and make sure to settle before the liquidity unlocks. That's essentially the only trust assumption, the liveliness trust assumption. Even if Ryvo's gateway goes down, you can go directly onchain and settle yourself" "So we're just simplifying the UX, but everything can be done by yourself. The gateway doesn't control your money, you still have to sign those payments. The only real risk is censorship, if our gateway sees a payment from a wallet flagged by AML checks, we can reject it, but the user can bypass us and use the onchain program directly" FT @heisenburgirrs @ryvonetwork @8bitpenis

Luka, founder of Ryvo Network, breaks down the two ways Ryvo grows "There are two ways Ryvo will grow. The first is through proxy. There's an onchain component, the payment system itself, the batching mechanism using payment channels and Arcium and BLS signatures. On top of that you have the gateway, which aggregates many sources into one, so your agent can have one balance and access all providers. For example, we can add support for X, and you can buy the X API through the gateway" "The second way Ryvo grows is if the provider itself adds Ryvo natively. That's another way it can happen" FT @heisenburgirrs @ryvonetwork @Arcium

"Payment rails for agents ... financial rails for agents, something like that makes sense" Luka, founder of Ryvo, on what Ryvo is in a single line "Payment rails for agents. But it's a bit hard, because it's new, not new, but new in the consciousness of potential customers, developers, providers, sellers" "To be fair, I'm still trying to pin it down, what makes sense. You can always interpret it in various ways, whatever you can come up with. So I think it's a matter of picking a simple description and just going with it, and having that stick in everyone's head" "But I think financial rails for agents, something like that, makes sense" FT @heisenburgirrs @ryvonetwork @8bitpenis nitter.cf/ownershipfm/status/208…

Ownership Report #15 w/ @heisenburgirrs from @ryvonetwork nitter.cf/i/broadcasts/1yxBeeXWl…

Ownership Report #15 📰 We go live in 15 minutes with @ryvonetwork  With its $150K raise now underway on @futarddotio, we’ll get into the payment network Ryvo is building for agents to buy APIs, data, inference, and other services one request at a time. The product, the raise, and what comes next. Join us live on X Hosted by: @8bitpenis, CEO, Ownership