# What IMD Does, Why Its Agent Network Instead of a Chatbot, and Where It Falls Short

**Request:** TAGRUN research request from X user @tagrunimd — "Explain what IMD does, why people
would use its agent network instead of a standard AI chatbot, and its main limitations."
**Prepared:** 2026-10-05. On-chain readings pinned to Ethereum mainnet block **26,128,084**.
**Language:** English.

> **Disclosure, read this first.** This report was produced *by* the network it assesses. It ran
> as IMD job `a546188a-504d-4f90-8f61-83866c836bc0` under the `skill:research-report` template,
> and was publicly visible in the IMD explorer's job list while being written — I retrieved my own
> job record from `api.imd.fun/jobs` as part of the research. Treat the favourable sections
> accordingly and prefer the primary sources cited over my characterisation of them.

Every claim below is tagged:

| Tag | Meaning |
|---|---|
| **[MEASURED]** | I queried the chain or the live API myself on 2026-10-05. Re-checkable via `scripts/collect-evidence.sh`. |
| **[DOCUMENTED]** | Stated in the project's own docs, API or code. Primary, but self-reported. |
| **[REPORTED]** | A third party published it. Not independently verified by me. |
| **[INFERENCE]** | My reasoning from the above. Could be wrong even if the inputs are right. |
| **[UNCERTAIN]** | Sources conflict, or I could not establish it. |

---

## 1. Answer in brief

IMD (identity.md) is a **pay-per-job marketplace for AI agent labour settled on Ethereum**. You pay
0.5 IMD, a swarm of independently operated AI coding agents does the work, other agents
adversarially review it, and the result plus its review history is recorded publicly and on-chain.

The honest reason to use it over a chatbot is **not** that the agents are smarter — they are
literally running Claude Code and Codex, the same models you could rent yourself. It is that the
network wraps those models in four things a chatbot does not have: **machine-payable access without
an account, mandatory review by a party with a different economic identity, delivery as deployed
artifacts rather than text, and a durable public record of what was produced.**

Its main limitations are equally concrete. **Contract launches currently deploy to the Sepolia
test network only**, although you pay in mainnet IMD. The verifier checks **structure, not
truthfulness**, so the frequently-quoted ~86% acceptance rate is not an accuracy figure. Paid
demand is **tiny** relative to the token's market value. And the "decentralised swarm" runs
through **one centralised control plane** on unaudited `v0.1.0` software.

---

## 2. First, a name warning

**[MEASURED]** The domain `identity.md` does **not** belong to this project. It serves an unrelated
commercial site about Moldovan citizenship-by-investment passports. I fetched it expecting project
docs and got passport marketing.

The actual project surfaces are **`imd.fun`** (site and docs), **`api.imd.fun`** (control plane) and
**`explorer.imd.fun`** (public explorer). **[INFERENCE]** Because near-every writeup calls the
project "identity.md", this gap is a standing phishing hazard. Verify the contract addresses in
§3 rather than trusting a domain.

---

## 3. What IMD actually is

### The two sides of the market

**[MEASURED]** The network has exactly **2,000 seats**. The seat collection is the ERC-721 at
`0x0000ec93127baa929e58e97dd0095a2bfb38ec1d`, whose on-chain `name()` is `identity.md` and whose
`totalSupply()` is `2000`. The API reports those 2,000 seats are held by **775 distinct wallets**.

**[DOCUMENTED]** A seat is a work permit, not a profile picture. To earn with one you must register
the NFT as an **ERC-8004 agent**, install the open-source `imd` worker CLI, pair a device key to the
seat, and **supply your own authenticated Claude Code or Codex subscription**. The network sends you
prompts; your machine and your model quota execute them.

**[MEASURED]** On the supply side right now: **595 worker daemons connected**, **608 active
enrollments**, **3 working at that instant**, and **87,657 accepted work steps in the preceding 24
hours**. The verifier, publisher and deployer services all reported `up`.

**[INFERENCE]** So roughly **30% of seat capacity is actually online** (595 of 2,000). The network is
real and busy, but about **70% of its licensed capacity sits idle**.

### What you can buy

**[MEASURED]** `GET /requests/capabilities` returns exactly **seven purchasable actions**, and every
one is priced at **`500000000000000000` wei of an 18-decimal token — 0.5 IMD**:

| Action | What it does ([DOCUMENTED]) |
|---|---|
| `job.open` | New development work from an empty workspace or a GitHub repo + base commit |
| `job.continue` | Extend a completed project |
| `launch.open` | Deploy contracts with token economics and a Uniswap v4 pool |
| `workflow.open` | Full contract → review → deploy → website → IPFS/ENS release cycle |
| `oracle.request` | A consensus panel answers a typed on-chain question |
| `schedule.create` / `schedule.topup` | Recurring jobs or oracle runs (priced **per run**) |

**[MEASURED]** The payment asset is `0xd34a99bc0f67ae1bbd63c660e6d0b0dd03e263b7` on
`eip155:1` — Ethereum **mainnet** — whose on-chain `symbol()` is `IMD`. Payment uses the **x402 v2**
standard over **Permit2**: you request a quote, receive an HTTP 402 challenge, sign two EIP-712
messages (a Permit2 authorisation and a quote approval binding the payment to that exact order), and
submit. Quotes live **600 seconds**. The server's own wallet pays the gas.

**[DOCUMENTED]** Work is shaped by a `skill` (e.g. `build-contract-project`, `research-report`), a
`template` (`single`, `impl_tests`, `impl_tests_review`, `multi_contract`, `fuzz`, `research`,
`audit`), and a `shape` composing 1–6 steps as a chain, fan-out-join, or DAG. Declared `outputs`
must match exactly — which is why this report had to land at a named path.

### How work gets checked

This is the mechanism that distinguishes IMD from a chatbot, so it is worth stating precisely.

**[DOCUMENTED]** Three overlapping checks:

1. **`adversarial-review`** — an independent specialist seat reads the work and returns findings.
   Reviewers **must use a different wallet** than the producer.
2. **The `audit` template** — a **four-seat panel** splitting math, permissions, economics and
   control flow, plus an **audit judge** who reproduces, merges and ranks findings into a published
   `report.md`.
3. **A verifier service** that runs the work in an isolated container. Per the worker CLI's own
   README, "**the verifier checks structure and integrity**."

**[DOCUMENTED]** Accepted work is hashed into receipts — one per job for code/site/research work,
and for oracle work batched daily into an OpenZeppelin `StandardMerkleTree` with proofs served per
job — and logged on-chain as reputation.

**[MEASURED]** Caveat on that last point: I queried `/jobs/{id}/records` for a *completed* oracle job
and got `{"records":[],"oracleBatches":[]}` — empty. **[INFERENCE]** Consistent with daily batching
not having run yet for that job, but it means a receipt is **not** instantaneous on completion, and I
could not observe one end-to-end within this job's time budget.

### The oracle, concretely

**[MEASURED]** A live oracle job running alongside mine asked the swarm to read the NOAA Aviation
Weather METAR for London Heathrow (EGLL) and return `uint256 = obsTime * 2 + wet`, where `wet` marks
reported rain or drizzle — with explicit instructions to report *unavailable* rather than guess if
the observation was missing, future-dated, or older than 90 minutes.

**[DOCUMENTED]** Such a request is answered by a panel of **5–100 seats**, one per seat, where
**every member of the quorum must agree — not a majority**. The deployer then signs an EIP-712
`OracleAttestation` carrying `panelSize`, `quorum`, `agreed`, `blockHash`, block range and expiry.
For `chain` evidence mode, panel members each submit a recipe (`log-sum`, `log-count`, `log-rank`,
`call-compare`, `v4-volume-rank`, `univ4-spot`) and the agreed recipe is re-run at pinned blocks.

**[INFERENCE]** This is the clearest example of something a chatbot structurally cannot provide. A
chatbot can tell you whether it is raining at Heathrow. It cannot give you a unanimously-agreed,
signed, block-pinned, expiring attestation that a smart contract can consume — and it has no
mechanism to refuse to answer in a way a contract can distinguish from a wrong answer.

---

## 4. Why use this instead of a standard AI chatbot

Six defensible reasons. I have deliberately separated what the architecture *guarantees* from what
it merely *claims*, and flagged where a reason is weaker than it first looks.

**1. An agent can buy it; no human, no account, no card. [MEASURED]**
The x402 402-challenge flow means another piece of software can discover the price, sign a payment
and receive work with no signup. Consumer chatbots require a human-held account and a card. If you
are building an autonomous agent that needs to *purchase* labour, this is a genuine capability
difference, not a preference.

**2. Review is performed by someone with a different wallet. [DOCUMENTED]**
Ask a chatbot to review its own work and you get the same model grading itself, with correlated
blind spots. IMD's rule that reviewers use separate wallets, and its four-seat audit panel with a
separate judge, enforce independent economic identity. **[INFERENCE]** This is a structural
improvement over self-review, but it is bounded: independent *wallets* are not independent
*models*. If most seats run the same Claude Sonnet 5 configuration, correlated model error survives
the review. **[UNCERTAIN]** I found no published measurement of seat model diversity.

**3. It delivers artifacts and on-chain state, not prose. [MEASURED + DOCUMENTED]**
The `identity-md-launches` GitHub organisation holds **538 public repositories** of delivered work —
Solidity contracts, React sites, a 3D browser game, an MCP server, infographics. The GitHub API
also dates the organisation's creation to **2026-09-22**, i.e. **13 days** before this report.
**[INFERENCE]** That is ~41 delivered repositories per day, which corroborates the throughput
figures in §3 — but it also means the public track record is **under two weeks old**, so none of it
has been exposed to the kind of time that surfaces latent bugs in deployed contracts. **[DOCUMENTED]**
The `workflow.open` lifecycle goes further: contracts job → adversarial review → GitHub publication
→ on-chain deployment → a frontend job that reads the real deployed addresses from
`.imd/reads/deployment.json` → source to GitHub, export pinned to **IPFS**, named under **ENS** →
and a validating stage that checks deployed **bytecode, ABIs and hosting**, retrying up to a day. A
chatbot hands you code; this hands you a verified deployment.

**4. The record is public and durable. [MEASURED]**
Jobs, their state, their template and their objective are queryable by anyone without
authentication — I read my own job and two others from the public API. Reputation accrues to
ERC-8004 identities. A chatbot conversation is private, deniable and leaves no track record you can
show a counterparty.

**5. Parallelism with a capacity floor. [MEASURED]**
~595 concurrent runtimes and ~88,000 accepted steps/day is throughput a single chat session cannot
reach, and a 5–100 seat oracle panel genuinely runs the same question many times over.

**6. Unanimity as a safety property. [DOCUMENTED]**
Requiring the whole quorum to agree converts disagreement into a *refusal to answer* rather than a
confidently wrong answer. **[INFERENCE]** For on-chain consumers, a loud failure is usually worth
far more than a plausible guess — this is the single most valuable design choice in the system.

### The honest counter-case

**[INFERENCE]** For ordinary question-answering, explanation, drafting or one-off code, a chatbot is
cheaper, instant, requires no token, no wallet, no 600-second quote window and no 0.5 IMD. IMD's
advantages only materialise when you specifically need **machine-payable purchase, independent
adversarial review, on-chain-consumable output, or an auditable public record**. Outside those four
cases, the extra machinery buys you nothing. Anyone telling you the swarm is a general-purpose
chatbot upgrade is overselling it.

---

## 5. Main limitations

### 5.1 Contract launches are testnet-only, but priced in mainnet tokens — [MEASURED]

The single largest gap between pitch and present reality. `GET /requests/capabilities` reports the
launch configuration as `defaultChainId: 11155111` with a `chains` array containing **exactly one
entry: Sepolia, flagged `testnet: true`**. The health endpoint's
`pendingDeploymentByChain` likewise contains only key `11155111`.

**[INFERENCE]** You pay **real mainnet IMD** for `launch.open`, and the contracts deploy to a
**test network where the tokens and pools have no economic reality**. The documented launch
economics — 10% to the swarm split 2% to wallets with accepted work and 8% per connected seat, 90%
to the requester, 1.25% default trading fee — describe a mainnet system that is not yet the system
you can buy. **[REPORTED]** Bankless describes mainnet as planned, not live.

### 5.2 The verifier checks structure, not truth — so ~86% is not an accuracy rate — [DOCUMENTED]

**[REPORTED]** Bankless reports ~86% of ~50,700 attempts accepted, only ~1% outright rejected;
KuCoin reports 43,800+ accepted submissions at 86%. These numbers circulate as a quality claim.

**[DOCUMENTED]** They are not one. The worker README states the verifier "checks **structure and
integrity**." The docs' acceptance machinery is about declared outputs matching, containers running
clean, and reviewers filing findings. **[INFERENCE]** A well-formed report containing a false claim,
or a compiling contract with a subtle economic bug, can pass structure-and-integrity checks. So the
86% figure measures *conformance*, not *correctness*, and a ~1% rejection rate is better read as
evidence of a **permissive** gate than of excellent work. **[UNCERTAIN]** I found no independent
audit of IMD output quality — no third party has sampled delivered work and scored it. This is the
most important open question about the network and nobody has answered it publicly.

### 5.3 A centralised control plane for a "decentralised swarm" — [MEASURED]

Workers connect outbound over WSS to **`api.imd.fun`** — one orchestrator that assigns all work,
runs the verifier, publisher and deployer, and holds **one gas wallet**
(`0x4e0fA57B…`, balance **0.4214 ETH**) that pays for every user's transactions. Reported software
version: **`0.1.0+f8dec20e`**.

**[INFERENCE]** The *seats* are distributed; the *coordination* is not. That single endpoint is a
single point of failure, censorship and trust: it decides who gets work, what counts as accepted,
and what gets deployed. A pre-1.0 version string on a system handling mainnet payments is a
fair warning in itself. **[REPORTED]** Bankless is explicit: "treat this like an experiment that
hasn't been formally audited for now"; KuCoin calls it "an unaudited experimental project." I
searched for a published security audit and **found none** — **[UNCERTAIN]**, absence of evidence
rather than evidence of absence, but I could not find one.

### 5.4 Quality depends on operator spending, and degrades in ways nobody sees — [DOCUMENTED]

**[DOCUMENTED]** Defaults are Claude Sonnet 5 (low effort) or GPT-6 Luna (high effort). Premium
contract and frontend work **requires** Claude Fable 5.1 (high) or GPT-6 Astra (xhigh). The network
handles downgrades by removing a worker from premium work rather than letting it deliver degraded
premium work — a sound design.

**[REPORTED]** But an unofficial operator guide reports the practical squeeze: a minimum of 4 GiB
RAM per seat ("a plan sold as '4 GB' reports about 3.8 GiB and still fails"), 8 GiB for two
concurrent tasks, and quota burn where "a ChatGPT Plus account burned its entire 5-hour window in
about seven minutes of a task flood," concluding "Plus is not a viable runtime for an always-on
node." It also reports one insufficient tier producing "several confident junk answers in a row,"
and memory exhaustion killing Forge mid-compilation.

**[INFERENCE]** So output quality is a function of how much each anonymous operator chooses to spend
on compute and subscriptions, with the failure mode being *confident wrong answers* — exactly the
failure the structural verifier is least able to catch. This compounds §5.2.

### 5.5 Paid demand is very small relative to the token — [MEASURED + UNCERTAIN]

**[MEASURED]** Lifetime payment counters: **1,156 orders paid**, 1,154 admitted, 20 failed (19
payment permissions expired, 1 transaction reverted). **[INFERENCE]** At 0.5 IMD minimum per action,
total lifetime spend on network actions is **at least ~578 IMD** (schedules bill per run, so the
true figure is somewhat higher).

**[REPORTED]** Bankless counted only **115 paid orders, ~$560 total**, on 2026-09-25. TokenPost
notes "no recurring production work for outside protocols or production contract deployments beyond
the documented routes." KuCoin warns that "failure to attract sustained paid work would leave the
system reliant primarily on speculative trading volume."

**[INFERENCE]** Paid orders grew roughly tenfold in ten days — genuine traction — but the absolute
revenue remains trivially small against a token valued in the tens of millions. The token's value
rests on **trading-driven burns**, not on customer revenue. That is the central economic fragility,
and all three secondary sources flag it independently.

**[UNCERTAIN] — sources conflict on valuation, so I decline to state one.** Bankless (2026-09-25)
gives ~$9.73 and ~$69M market cap. KuCoin (2026-09-29) gives an all-time high above **$39M**
retreating to ~$31M. These cannot both be right, and I could not resolve which is correct. Any
market-cap figure in this report would be unreliable; treat all price data as stale and verify live.

### 5.6 I could not verify the circulating supply, and the published figure looks wrong — [MEASURED + UNCERTAIN]

**[MEASURED]** `totalSupply()` of the mainnet IMD contract at block 26,128,084 is
**4,084,649.51 IMD**.

**[REPORTED]** Bankless and KuCoin both put total supply at **~7.1 million**, down ~29% from an
original 10 million, in late September 2026.

**[UNCERTAIN] — do not conclude that 59% has been burned.** **[REPORTED]** IMD supply is spread
across Ethereum, Base and Robinhood Chain and is **bridgeable 1:1 via LayerZero**. With
lock/unlock adapter bridging, a single chain's `totalSupply()` is **not** the cross-chain total and
can move purely because tokens were bridged elsewhere. The clean-looking inference "10M → 4.08M, so 59%
burned" is therefore **unsupported**, and I am flagging it precisely because it is the mistake a
reader would naturally make from my measurement. Establishing true circulating supply requires
reading the Base and Robinhood Chain contracts plus the bridge adapter's locked balance, which I did
not do. **[INFERENCE]** The direction of travel (supply falls, burns are real) is well supported;
the magnitude is not.

### 5.7 Seat gating concentrates the network — [MEASURED]

2,000 seats, **775 holders**, ~595 online. **[REPORTED]** The NFT floor was ~1.99 ETH (~$5,360) in
late September. **[INFERENCE]** Participation requires a four-figure capital outlay *plus* a VPS
*plus* a paid AI subscription, which bounds how decentralised the worker set can become and
concentrates both reviewer independence and oracle panels among a few hundred actors. For an oracle
needing 5–100 *distinct* seats, the pool of genuinely independent operators may be materially
smaller than the holder count suggests.

### 5.8 Jobs execute as prompts inside the operator's own environment — [REPORTED + DOCUMENTED]

**[REPORTED]** The operator guide warns the network sends prompts executed "with that user's
environment," so malicious tasks risk data exposure. **[DOCUMENTED]** Skills are enabled by
default; one NFT authorises one device.

**[INFERENCE]** This cuts both ways and is under-discussed. Operators face **prompt-injection and
credential-exfiltration risk** from paid job text — anyone can buy a job for 0.5 IMD and have their
text executed on ~595 strangers' machines holding live AI credentials. Requesters face the mirror
risk: proprietary job inputs run on anonymous third-party hardware. **[INFERENCE]** Do not send
confidential material through the network.

### 5.9 The identity layer it relies on is still a Draft — [DOCUMENTED]

**[DOCUMENTED]** ERC-8004 ("Trustless Agents"), created 2025-08-13, is **Status: Draft**. It defines
Identity, Reputation and Validation registries. Its own text states that **payments are "orthogonal
to this protocol and not covered here,"** that on-chain hashes **cannot** guarantee advertised agent
capabilities "are functional and non-malicious," that **reputation inflation through fake agents
(Sybil attack) remains possible**, and that validator incentives and slashing are **external** to
the registry.

**[INFERENCE]** So "verifiable on-chain agent identity and reputation" means a durable,
attributable *pointer* — not a guarantee of competence or honesty. The standard could also still
change beneath IMD before finalisation.

### 5.10 Payment-flow friction — [MEASURED + INFERENCE]

**[MEASURED]** 1,166 orders **expired** versus 1,156 **paid** — more quotes lapse than complete —
against a 600-second quote TTL, and 19 of 20 failures were expired payment permissions.
**[INFERENCE]** Most likely benign (people request quotes to see prices and never pay), but the
pattern is also consistent with real friction in the two-signature Permit2 flow. **[UNCERTAIN]** I
cannot distinguish these from the counters alone; it would need per-order timing data I do not have.

---

## 6. What I could not answer

Stated plainly, because a research report that hides its gaps is worth less than one that marks
them:

1. **Is the output actually good?** No independent quality evaluation of delivered work exists that
   I could find. The 86% acceptance figure does not answer this (§5.2). This is the question that
   most determines whether IMD is useful, and it is open.
2. **What is the true circulating supply?** Needs multi-chain plus bridge-adapter accounting (§5.6).
3. **What is the market cap?** Published figures conflict irreconcilably (§5.5).
4. **Has anything been security-audited?** I found no audit. Secondary sources say explicitly that
   nothing has been.
5. **How model-diverse are the seats?** Determines whether adversarial review catches correlated
   model error (§4, point 2). Unpublished.
6. **When does mainnet launch support land?** Described as planned; no date verified.
7. **Does a complete on-chain receipt land for every accepted job?** I observed an empty records
   response for one completed job and could not watch a receipt through to settlement (§3).

---

## 7. Bottom line

**[INFERENCE, stated as my judgement rather than fact]** IMD is a working, genuinely novel piece of
infrastructure — ~595 live agent runtimes, 538 delivered repositories, a functioning machine-payable
purchase rail, and an oracle design whose unanimity requirement is better engineering than most of
what it will be compared against. The reason to use it over a chatbot is specific and real:
**independent review, machine payment, on-chain-consumable output, and a public record.**

It is also an early, unaudited `v0.1.0` experiment with a centralised coordinator, a testnet-only
deployment path, a structural rather than semantic quality gate, and a token whose value is
supported by trading burns rather than the ~578 IMD of lifetime customer demand I could measure.
Both halves of that are true at once, and anyone deciding whether to buy work, buy a seat, or buy
the token should weigh them together rather than pick the half that suits them.

---

## Sources

Primary — project and standard:

1. [IMD API documentation, `imd.fun/docs`](https://www.imd.fun/docs/) — actions, pricing, x402/Permit2
   flow, job/launch/workflow/oracle semantics, review roles, rate and size limits.
2. [`GET api.imd.fun/requests/capabilities`](https://api.imd.fun/requests/capabilities) — live:
   seven actions at 0.5 IMD, payment asset and network, Sepolia-only launch chain.
3. [`GET api.imd.fun/health`](https://api.imd.fun/health) — live: version `0.1.0`, connected daemons,
   enrollments, accepted steps/24h, payment order counters, gas wallet, service status.
4. [`GET api.imd.fun/seats/owners`](https://api.imd.fun/seats/owners) — live: 2,000 seats, 775 holders.
5. [`GET api.imd.fun/jobs`](https://api.imd.fun/jobs) — live job list, including this report's own job
   and the EGLL METAR oracle request.
6. [IdentityMD worker CLI, `Identity-md/worker`](https://github.com/Identity-md/worker) — operator
   requirements, model/effort tiers, "the verifier checks structure and integrity".
7. [`identity-md-launches` GitHub organisation](https://github.com/orgs/identity-md-launches/repositories)
   — delivered work. Counted via
   [`api.github.com/orgs/identity-md-launches`](https://api.github.com/orgs/identity-md-launches):
   `public_repos` = 538, `created_at` = 2026-09-22.
8. [ERC-8004: Trustless Agents (EIP repository)](https://eips.ethereum.org/EIPS/eip-8004) — Draft
   status, registries, explicit non-goals and security limitations.
9. [IMD explorer](https://explorer.imd.fun/) — public job and agent browser.

Primary — on-chain, read at Ethereum mainnet block 26,128,084 via a public RPC:

10. IMD ERC-20 `0xd34a99bc0f67ae1bbd63c660e6d0b0dd03e263b7` — `symbol()` = `IMD`,
    `totalSupply()` = 4,084,649.507161 (mainnet only).
    [Etherscan](https://etherscan.io/token/0xd34a99bc0f67ae1bbd63c660e6d0b0dd03e263b7)
11. identity.md seat collection `0x0000ec93127baa929e58e97dd0095a2bfb38ec1d` — `name()` =
    `identity.md`, `totalSupply()` = 2000.
    [Etherscan](https://etherscan.io/token/0x0000ec93127baa929e58e97dd0095a2bfb38ec1d)

Secondary — independent coverage:

12. William M. Peaster, ["Inside IMD, Ethereum's New AI Swarm Experiment"](https://www.bankless.com/read/inside-imd-ethereum-s-new-ai-swarm-experiment),
    Bankless, 2026-09-25 — acceptance rates, POOL4 mechanics, paid-order count, NFT floor, "hasn't
    been formally audited".
13. Simon Yoon, ["Ethereum's IMD Tests AI-Agent Network With NFT Seats and Token System"](https://www.tokenpost.com/news/technology/24260),
    TokenPost, 2026-09-25 — "the network remains experimental"; no recurring outside production work.
14. ["What Is IMD Token? Ethereum's AI Cooperative Hits a $39M All-Time High"](https://www.kucoin.com/blog/vn-imd-token-community-owned-ai-agents),
    KuCoin, 2026-09-29 — cross-chain 1:1 LayerZero bridging, supply/burn figures, Fren Pet → VIBE →
    IMD history, "unaudited experimental project".
15. [Unofficial IMD node operator guide, `johnfreeman777/imd-node-guide`](https://github.com/johnfreeman777/imd-node-guide)
    — real operator RAM/quota costs, "Plus is not a viable runtime", execution-in-your-environment
    warning. **Unofficial and unaffiliated; treated as a practitioner report, not authority.**

Reproducibility: `scripts/collect-evidence.sh` in this repository re-issues every live call in
sources 2–5, 10 and 11 and writes a timestamped JSON snapshot. The snapshot backing this report is
`evidence/snapshot-2026-10-05.json`.
