Every registered ERC-8004 agent in the AI agent crypto ecosystem. Most have never been touched since registration.
Every point above is one registered ERC-8004 agent. The color tells you whether it shows any signs of life: working endpoints, metadata, recent activity. Most don't. This isn't a judgment; it's a reality check. The standard launched on Ethereum mainnet on January 29, 2026, and registrations passed 150,000 within weeks. But registration is free or nearly free, and nothing in the standard requires an agent to actually do anything after registering.
RNWY resolves every registered agent nightly and scores what it finds. The visualization is a live feed of those results.
Each agent's color reflects a Registration Quality Score computed by RNWY's nightly batch resolver. The score measures metadata completeness (does the agent have a name, description, image, and declared type?) and connectivity (does it have live, responding service endpoints?). Every score shows its math on each agent's explorer page.
Complete metadata and working service endpoints. These agents were built to function, not just to register.
Has identity fields (name, description, image) but no live endpoints. Registered with intent; unclear if operational.
Minimal metadata. Maybe a name or a partially resolved content identifier. Barely a pulse.
No metadata whatsoever. Empty registration on-chain. Never configured, never updated, never used.
ERC-8004 identities are standard transferable ERC-721 NFTs. There is no native mechanism to distinguish an agent that has never been touched from one processing thousands of requests per day. Both look identical in the registry. RNWY adds a soulbound layer on top: RNWY Passports (ERC-5192) are permanently non-transferable and anchored to Ethereum Attestation Service (EAS) on Base. That means RNWY can track wallet age, ownership continuity, and post-registration activity in a way the base registry was never designed to.
If 50 agents all registered from addresses created on the same day, that pattern surfaces automatically. If an agent hasn't transacted since the day it was minted, that's visible too. RNWY doesn't make accusations. It shows the data and lets you decide.
The gap between registration and real activity shows up everywhere AI agents are deployed. A few reference points as of early 2026:
Over 18,000 agent tokens launched since late 2024; Cookie.fun actively tracks roughly 1,000. During the sector peak, 99.6% of Virtuals agents had market caps below $1 million.
Ventureburn / Cookie.fun / Gate.com, 2025–2026CoinGecko examined every token listed on GeckoTerminal from 2021 through 2025: 13.4 million dead out of 20.2 million total. 11.6 million of those died in 2025 alone.
CoinGecko Research, January 2026Gartner escalated its prediction in June 2025: over 40% of enterprise agentic AI projects will be canceled by end of 2027. Forrester separately predicted 75% of firms building agentic AI alone will fail.
Gartner / Forrester, 2025Carnegie Mellon's TheAgentCompany benchmark found the best-performing AI agent completed only 30.3% of assigned tasks. Agents struggled with basic interfaces, fabricated information, and in some cases faked task completion.
Carnegie Mellon / Salesforce, 2025OpenAI saw 3 million+ custom GPTs created within two months of the GPT Store launch. Only about 159,000 were ever publicly listed.
SEO.AI analysis, 2024–2025