{"as_of":"2026-11-07T18:23:16Z","badge":"https://blocksigner.org/provenance/badge/<payTo>.svg","headline":{"claimed_volume_usdc":125733.68,"estimated_non_organic_pct":27.7,"grades":{"A":6,"B":6,"C":13,"D":14,"F":20,"n/v":1},"merchants_scored":59,"organic_adjusted_volume_usdc":90862.94,"reading":"volume-weighted share of claimed challenge volume that the wash-risk model does not attribute to independent multi-party demand"},"limitations":["Statistical estimates from public data; not a finding about any operator's intent.","Weights are set by judgment, not fitted; there is no labelled ground-truth set beyond this operator's self-declared wallets, so no false-positive rate is claimed.","High-volume merchants are scored on a recent sample, not their full history.","Every inbound USDC transfer to a payTo is counted; transfers that were not x402 payments (top-ups, refunds) cannot always be separated.","A single large legitimate customer, or a scheduled job that is real demand, can look like concentration or metronomic timing.","Funder attribution uses each payer's largest recent USDC inflow; exchange or bridge hot wallets can appear as a shared funder."],"methodology":"https://apeirontrade.github.io/provenance-site/methodology.html","paid_detail":{"/commission/dataset":"https://blocksigner.org/commission/dataset","/commission/washcheck":"https://blocksigner.org/commission/washcheck","/commission/washclusters":"https://blocksigner.org/commission/washclusters","/commission/washreport":"https://blocksigner.org/commission/washreport"},"publisher":"Apeiron Capital Inc.","scope":"60 of 151 merchants on the GoPlausible x402-global-challenge leaderboard, highest claimed volume first","service":"Provenance - Algorand x402 Challenge wash report (free summary)","this_operator":{"declared_wallets":[{"address":"K5HIZPOUUUBQ5WJ6I3DT6NGIQUMALYJYSVVBY7CXA3BYBWY6225DNNBDSA","role":"merchant payTo (this operator)"},{"address":"LNLA2AAADJPTVCQK7XAL5N7HZWIUV7XXPNJRGHJK5PMPHUOOR4WPO6XSAI","role":"operator's scout-agent wallet"},{"address":"2ZFD4V2OQPYJNRS25BBELH6FDH7FB7KLQ77IY5XITZKYW3AXX42K7QP45Y","role":"operator's development-machine test wallet"}],"grade":"D","live_split":"https://blocksigner.org/revshare","payTo":"K5HIZPOUUUBQ5WJ6I3DT6NGIQUMALYJYSVVBY7CXA3BYBWY6225DNNBDSA","score":65,"statement":"We grade our own entry with the same code. Many of our settlements are our own payments from the operator wallets listed in declared_wallets: end-to-end tests, and settles made to list routes in the Bazaar or refresh their listing. The challenge leaderboard counts them in our volume; our own pages never count them as sales (live split: https://blocksigner.org/revshare). The model is expected to flag them, so this entry doubles as a known-answer check on the scoring."}}