MCP launchNov 2024WE ARE HEREApr 2026$2T+
Total a-commerce
2030
The runway ahead of us is almost entirely unbuilt. Every previous cycle's biggest winners were the companies that built and operated the rails layer.
The Problem
06 / 16
Commerce today is a tax on both sides.
Sellers pay to be seen. Buyers pay with their time. The attention economy is already broken. Agents will not tolerate it.
Sellers
30-40%Gross margin consumed by ads, marketplace fees, platform costs and transaction fees.
NoiseCompeting against infinite low-quality listings inside walled-garden marketplaces.
Lost dataCustomer relationships and purchase data owned by the marketplace, not the brand.
ReturnsImpulse-driven discovery produces high return rates and unprofitable orders.
Buyers
TimeEndless scrolling, filtering, comparison shopping to find a single right product.
NoiseRanking algorithms optimised for advertiser spend, not buyer intent.
TrustCounterfeits, dropshippers, fake reviews eroding confidence on every platform.
FrictionTen logins, ten checkouts, ten shipping forms to assemble one outfit.
Competitive Landscape
07 / 16
The incumbents are building closed rails. VIA is the neutral alternative.
Shopify
UCP
Stripe / OpenAI
ACP
Google
AP2
Perplexity
Shop
VIA
Protocol
Neutral protocol
Open standards, open settlement, no walled garden
✕
✕
✕
✕
✓
Any brand, any store
Open to all merchants
✕
✓
✕
✕
✓
Multi-assistant reach
ChatGPT, Claude, Gemini and more
~
✕
~
✕
✓
Brand catalogue layer
Onboards and manages brands
✓
✕
✕
~
✓
Agent-to-agent commerce
Buy side and sell side agents
✕
~
✕
✕
✓
Multi-payment stack
Crypto, card, stablecoin
✓
✓
✓
✕
✓
Open to all AI agents
Autonomous and assistant
✕
✕
~
✕
✓
Agent identity and trust
On-chain ID and verifiable credentials (ERC-8004, ERC-8183)
✕
✕
✕
✕
✓
✓Yes~Partial✕No
Assessment as of April 2026. Competitive products evolve continuously; positions reflect publicly disclosed scope at time of writing.
Neutrality assessed on standards, settlement and access, not corporate ownership. VIA Labs operates the protocol; protocol governance and smart-contract settlement are public and unrestricted.
VIA capabilities marked yes are either live (MCP-based assistant integration, buy-side agent commerce via RealRealGenuine) or supported by deployed primitives (ERC-8004 identity, ERC-8183 credentials, on-chain reputation). Full sell-side autonomous brand-agent rollout in progress.
Every previous cycle rewarded the neutral rails layer. Not any single bank. Not any single marketplace.
Why It Works
08 / 16
a-commerce is inevitable. Blockchain finally has its user.
Five years of web3 and DeFi infrastructure was the wrong product for humans. It is the right product for agents. Programmable money, instant settlement, sub-cent fees, on-chain identity. The plumbing already shipped. Agents are the customer it was waiting for.
Card rails
Built for browsers
Human signature, captcha, OTP at every checkout
Fixed minimums make sub-dollar payments uneconomic
Sub-cent fees. Pay-per-API-call and per-action work natively
Instant on-chain settlement, 24/7, global
Portable on-chain agent identity and verifiable credentials
$1.1B
Stripe's acquisition of Bridge, to build stablecoin rails for AI agents
CNBC · Feb 2025
$400B
Real-world stablecoin payments in 2025, double the prior year
a16z State of Crypto · 2025
2.4M / mo
AI-agent stablecoin payments already running through public rails
Bloomingbit · 2025
VIA already speaks both languages: fiat rails for liquidity, stablecoin rails for native agent settlement, and on-chain identity so agents can be trusted before they pay.
The Solution
09 / 16
One commerce network. Three key capabilities.
VIA replaces attention with intent. A buyer's agent tells a seller's agent exactly what is wanted. The two meet, negotiate, and settle.
01 · List
Seamless brand on-boarding.
Catalogue, pricing, inventory and terms become discoverable to every AI assistant and autonomous agent on the network. No separate storefront, no marketplace gatekeeper.
02 · Match
Agents Connect.
Buyer's agent expresses intent in plain language. Seller's agent responds with a qualified offer. Fit, size, availability and price are confirmed machine to machine.
03 · Settle
Instant Transaction clearance.
Payment settles across agent-ready rails. Brand keeps the customer relationship and the economics. VIA takes a fee. Affiliates and referrers are paid in the same transaction.
Business Model
10 / 16
Two revenue lines. Both recurring. Both compounding.
A transaction fee on everything that settles through the protocol. A monthly subscription on every brand that joins.
Tier
Monthly subscription
Transaction fee
Built for
Growth
Entry tier
Protocol fee on settled transactions
Emerging brands, independent labels, first-time sellers on the agentic web
Professional
Mid tier
Protocol fee + premium features
Established brands with scale, catalogue depth, multi-market operations
Enterprise
Upper tier
Custom terms, priority rails
Global brands, groups and platforms requiring dedicated support and SLAs
Subscription tiers plus a fee on every transaction. Both recurring. Both compounding.
Go-to-Market
11 / 16
We win by onboarding legitimate brands first.
Quality beats quantity in the early network. A small catalogue of trusted names draws buyers and agents faster than a long tail of unknowns.
01
Curated shortlist
Heritage labels, cult streetwear and premium lifestyle brands sourced through founder and advisor relationships.
02
Concierge integration
VIA Labs handles the technical onboarding end to end. Scalable, efficient and cost effective.
03
Category clustering
Fashion and lifestyle first. Additional categories as the network effect aligns. Agents and buyers compound around full categories.
04
Reference flywheel
Early brands become the reference case for the next wave. Every additional label lowers the cost and effort of the one after it.
First Vertical
12 / 16
Premium Fashion is the first vertical, live on VIA.
We have started here because that is where the founders have spent three decades, with direct relationships and deep industry knowledge.
Founder and advisor network already inside the category.
Real transactions on real inventory prove the protocol end to end.
All verticals run on the same protocol. Premium fashion is the first move.
Operators who have already built consumer and commerce at scale.
Richard Hobbs
Co-founder & Chief Executive
Three decades building and scaling consumer businesses across Asia Pacific and Greater China. Direction, strategy and final approval for VIA Labs. Running the operation day-to-day through a virtual office of AI agents alongside a tight human leadership bench.
Daniel Yen-Tin Lin
Co-founder & Chief Product Officer
Product and technical leader pairing C-level strategy with hands-on build. End-to-end product architecture across AI, blockchain and consumer platforms. Trilingual and multicultural, translating product vision into production-grade delivery.
Advisory bench
Arnaud Frade
Business Transformation
Four-time intrapreneur. Retail and commerce expert. Author, The Sentient Startup (Penguin Random House, 2026).
Sheilen Rathod
Growth & Customer Experience
CEO Future Proof Group. Formerly Chief Growth Officer APAC and Division President at Ogilvy.
Moo Shanmugan
Technology & Systems
Two decades across intelligent systems, applied engineering and platform infrastructure. CEO, CTO and Director roles across Asia.
Tony Magnetic
Design & Brand Partnerships
25+ years in global street culture and fashion. Co-founder of MECCA USA. Collaborations with Nike, Reebok, Mercedes, Rolls-Royce.
David Ward
Commercial Growth
Three decades scaling consumer brands. Regional Head Sales APAC at Quest Global. Alumni: Fred Perry, Oakley, Quiksilver, JD Sports.
Peter Caplowe
Premium Fashion Strategy
Originator of the Premium Denim category. Discovered Evisu in Osaka 1994. Grew it to ~US$100m retail without external financing.
Henry He
APAC Fashion Brand Growth
APAC Director at Tomorrow London. Tripled Rains' China business in one year. Acting GM of Li-Ning's Global Premium Project. Founder of NHEW.
Track Record
14 / 16
The VIA Founder.
Decades of being a first mover in moments that defined the fashion industry. In the room before the category had a name. Built it into shape. a-commerce is the next cycle.
The Denim Boom
Levi's to Pepe, 1m pairs a month
1985 to 1991
The Birth of K-Culture
Drove brand launches in South Korea
1990 to 1995
The Birth of Streetwear
MECCA USA, Alphanumeric, zero to $100m
1994 to 2004
Luxury Denim
Etienne Ozeki, breaking barriers
2000 to 2007
Collabs and Ecommerce
Real Real Genuine and direct-to-consumer
2004 to 2010
China Opening
HUB tradeshow and brand launches
2010 to 2017
Digital Transformation
Digital fashion, blockchain, gaming, BNV
2016 to 2024
A Commerce
VIA Labs
2024 to 2026
198519901995200020052010201520202025
Category-defining eraSignificant moveActive now
Use of Funds
15 / 16
US$5M to lock in the 18-month head start.
The window to own the neutral rails layer of the agentic web closes fast. Capital is deployed where network lead translates directly into category lead.
40%
25%
25%
10%
40%
Engineering
Protocol development, commerce rails, identity and reputation layer, assistant and agent integrations, network scaling.
25%
Brand Onboarding & BD
Category leads, concierge integration team, brand partnerships. Grow the catalogue of legitimate brands on the protocol.
25%
Agent Partnerships & Marketing
Integrations with assistants and autonomous agents. Buyer-side distribution, PR, investor marketing, category thought leadership.
10%
General & Administrative
Legal, compliance, finance, office and essential infrastructure to run a regulated commerce protocol.
The Ask
16 / 16
Join the round.
We are building and operating the commerce protocol for the next three decades. The rails layer always gets built once. We intend to build it and run it.
RoundUS$5,000,000
InstrumentEquity
Use18-month runway
StatusAnchor commitments being assembled
Next step
Richard Hobbs, Founder & CEO
Data room, financials and protocol deep-dives available on request.