《x402 Might Kick Off This Altcoin Season》 Value-driven altcoins might be coming, but it could also mark the end of memes. Here’s a quick supplement to my thoughts on x402: @merit_systems is a startup project from the former a16z team, and they’ve developed x402scan. This significantly expands the functionality of x402. It transforms x402 from just a payment tool into an editor for agent workflows. The payment interface can be integrated into various logical functions and then called as a resource. This opens up a whole new world for creating and issuing assets: As long as someone is willing to pay for it: Data becomes an asset, code becomes an asset, protocols become assets, agents become assets. And because of the high composability of code and the drastically lowered barriers to workflow production, it’s now possible for ordinary users to anonymously generate highly programmable asset issuance processes. More importantly, the value of a project can now be judged based on solid evidence — how many people are paying to use the asset. This new approach won’t just bring new narratives to the crypto space; it might finally deliver the real value the crypto world has been waiting for. In the future, the hype around meme coins and pump-and-dump schemes will be greatly diminished in this new system, because here, actual cash flow and user adoption will ultimately determine a project’s success. So, for those who didn’t get in on early-stage projects, it won’t matter at all in this new system.