Nevermined LTIPP Application Draft

SECTION 1: Applicant Information

Applicant Name

Aitor Argomaniz -

Don Gossen -

Project Name

Nevermined Pay

Project Description

Nevermined Pay is the PayPal for AI.

We enable AI builders to monetize the AIs that they build with a simple payments tool that manages the end-to-end payments flow, from AI price setting to user authentication to sales to AI service redemption.

Our current customers are larger AI agent frameworks and development platforms like Olas (in the Web3 space) and Superagent (in the Web2 space). Each of these customers have 1000s of users that then use Nevermined payments to get paid, with the Nevermined payments tool made available from within our customer’s AI agent stack.

Team Members and Qualifications

Project Links

Contact Information






Do You Acknowledge That Your Team Will Be Subject to a KYC Requirement?


SECTION 2: Grant Information

Detail the requested grant size, provide an overview of the budget breakdown, specify the funding and contract addresses, and describe any matching funds if relevant.

Requested Grant Size

$150,000 in ARB

Grant Matching

We are unable to grant-match at this time because we do not have a token.

Grant Breakdown

The grant funds will be distributed in the following tranches:

  1. AI agent Hubs, Platforms and Framework builders on-boarding - 30%
  2. AI developers on-boarding - 40%
  3. BD & Support - 30%

The different actions to be taken are:

  • Incentivisation of AI agent hubs / platforms connected to the Nevermined protocol in such a way they send transactions through the Arbitrum network. The rewards will take into account:
    • The number of users/wallets each aggregator brings
    • The number of transactions sent through the network coming from a specific AI hub
  • Promotion of the protocol among end users via:
    • AI development incentives for deployment and operating AIs on Arbitrum. Users registering more AIs, data. Users collecting more transactions going through the protocol
    • Best AI agents for specific domains/topics like Health, Finance, etc.

Funding Address


Funding Address Characteristics

TBD [Enter details on the status of the address, eligible address must be a 2/3 multisig with private keys securely stored]

Contract Address


SECTION 3: Grant Objectives and Execution

Clearly outline the primary objectives of the project and the Key Performance Indicators (KPIs) used to measure success. This helps reviewers understand what the project aims to achieve and how progress will be assessed.


The objective of this grant is to onboard Web2 AI developers and AI Agent Hub / Platforms like Superagent ( to Arbitrum. The majority of AI development is taking place in the Web2 space, so in order to increase AI agent usage on blockchains, and in particular Arbitrum, efforts must be made to corral and incentivize AI builders to integrate blockchain.

Nevermined Pay enables AI agents and services to get paid for the utility they provide. This is achieved through a novel blockchain technology called Smart Subscriptions, developed by Nevermined, that enables the monetization of AI agents and service by AI builders.

We will use Nevermined Pay on Arbitrum to attract AI builders looking to monetize their AIs. In addition, we can use ARB rewards as a driver for integration. The adoption of Arbitrum as the settlement layer for AI agent transactions could be incredibly lucrative for the network as AI agents are able to act semi or even fully autonomously, thus effectively adding a new user set to the Arbitrum ecosystem.

Key Performance Indicators (KPIs)

We will measure the following KPIs:

  • Number of Web2 AI Agents and Services Hubs / Platforms onboarded
  • Number of Web2 AI Builders onboarding
  • Number of unique AI agents / services onboarding
  • Number of AI agent / service transaction per month

How will receiving a grant enable you to foster growth or innovation within the Arbitrum ecosystem?

[Provide details]

Receiving this grant will promote Arbitrum as a backbone network among Web2 AI developers and users. Because Nevermined is a Web3 product built for Web2 users, the grant would focus on using Arbitrum as a central piece for non-native Web3 users. Also, the majority of AI development is being done by Web2 developers. This grant would incentivize many of those developers to start using blockchain technology, with Arbitrum as their first introduction to the space.

Justification for the size of the grant

The grant size requests has the following justifications:

  • $45k to incentivize the integration of Nevermined Pay, using Arbitrum for settlement, with AI agent and service hubs or platforms. Examples of such hubs are Superagent, AgentGPT, SuperAGI, etc. These hubs / platforms will need to integrate their tool stacks with Nevermined Pay and Arbitrum to make the payments capabilities available to their users: AI developers
  • $60k to incentivize the adoption of Arbitrum by AI agent developers, via Nevermined Pay. This work will make Arbitrum the primary means of settling AI agent service requests.
  • $45k to identify and then support the integration of Nevermined Pay and Arbitrum by both AI Agent Hub / Platform providers and AI developers.

Execution Strategy

[Describe the plan for executing including resources, products, use of funds, and risk management. This includes allocations for specific pools, eligible assets, products, etc.]

Grant Timeline

We plan to start the program in April 2024, and have it run through July 2024.

Do you accept the funding of your grant streamed linearly for the duration of your grant proposal, and that the multisig holds the power to halt your stream?


SECTION 4: Protocol Details

Provide details about the Arbitrum protocol requirements relevant to the grant. This information ensures that the applicant is aligned with the technical specifications and commitments of the grant.

Is the Protocol Native to Arbitrum?


On what other networks is the protocol deployed?

Arbitrum is our main network but the protocol was also deployed on Polygon, Gnosis and Celo.

What date did you deploy on Arbitrum?

18.Oct.23 - Arbitrum Transaction Hash (Txhash) Details | Arbiscan

Protocol Performance

  • We allowed the on-boarding of AI developers (web2 users) into a web3 based project without having them noticing the typical web3 frictions (no metamask required, no gas fees, no crypto required for payments but credit card)
  • The protocol processed more than 600 AI Agent transactions in a few days
  • The Nevermined Pay allowed to register and make available a few hundred of datasets and AI agents

Protocol Roadmap

  • Easy on-boarding of AI Hub applications (i.e, etc)
  • Improvements on User Experience and Developer Experience
  • Monetization of OpenAI Assistants

Audit History

Last Smart Contracts security audit is available here: Omniscia Nevermined Audit

SECTION 5: Data and Reporting

Provide details on how your team is equipped to provide data and reporting on grant distribution.

Is your team prepared to create Dune Dashboards for your incentive program?

Yes, we already used Dune to provide some dashboards and reporting.

Does your team agree to provide bi-weekly program updates on the Arbitrum Forum thread?

Yes. We are open to provide frequent updates with the key highlights, facilitating the tracking of the execution of the grant.

Does your team acknowledge that failure to comply with any of the above requests can result in the halting of the program’s funding stream?


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Hello @aaitor, It seems you have used the old STIP template to apply please edit your application to follow the new LTIPP application template

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Arg, sorry for that. I will adapt the application to the new STIP format and let you know.

Somehow when editing the application it returns a HTTP 422 error. I re-applied again here:

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