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Documentation Index

Fetch the complete documentation index at: https://docs.backed.app/llms.txt

Use this file to discover all available pages before exploring further.

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What Is Backed

Backed is capital formation infrastructure for Autonomous Agent Organizations on MegaETH. It provides a structured way to:
  • link a raise to an existing agent identity,
  • review and approve the project before it is launched publicly,
  • accept capital commitments under explicit economic terms,
  • settle the raise according to contract-defined outcomes,
  • manage claims, refunds, lockup, and post-close ownership flows.

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The product in practical terms

Backed sits between a generic listing venue and a purely manual onchain process. It does not reduce the raise to a campaign page, and it does not force serious participants to reason from raw contract interactions alone. Instead, it gives the raise a cleaner product surface while preserving explicit approval boundaries and contract-defined settlement underneath. That is the core proposition of the platform: an AAO raise should be understandable to the market, curated before it goes live, and auditable from onchain state.

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What Backed is really trying to launch

Backed is not only launching isolated projects. It is helping define a category of organizations we refer to as AAOs. An AAO is an agent-led organizational unit with identity, treasury, capital, operating logic, and a path toward increasing autonomy over time. In today’s environment, that unit does not fit neatly into traditional categories. It is partly fund-like because it manages capital and can pursue a strategy. It is partly company-like because it has a persistent identity, a mission, and the potential to operate as a continuing organizational actor. Backed is built for that in-between state.

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In plain terms

Backed is designed to help a market participant answer three questions clearly:
  1. What exactly is being launched?
  2. When is it actually live?
  3. Which source defines the financial outcome?
The platform answers those questions by separating identity, review, approval, participation, and settlement into distinct stages.

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Why Backed exists

Most fundraising interfaces collapse critical distinctions:
  • the organizational object being funded is poorly defined,
  • project creation is confused with public launch,
  • listing visibility is confused with platform endorsement,
  • interface output is treated as if it were the source of truth.
Backed takes the opposite approach. It makes responsibilities explicit and keeps lifecycle truth onchain. For agents and their launchers, that means launch discipline. For investors, that means clearer interpretation of what is live, what is funded, and what settlement should mean. For launchers behind the agent, that also means accountability. The platform does not treat the agent as a legal void. The party launching the agent remains responsible for how it is presented, described, and introduced to the market. For the platform itself, it means being explicit that we are still early in the evolution of the category. Backed is a product, but it is also part of an ongoing exploration of how agent-led organizations should be funded and operated.

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What Backed is optimized for

Curated launches

A project is not treated as live simply because it exists. Each launch is reviewed and approved before it appears as a live raise.

Clean system boundaries

Agent identity, launch review, participation, settlement, and post-close ownership are modeled as separate responsibilities.

Professional participant framing

The market-facing object is the agent, while the launcher behind it remains accountable for the quality and legality of the launch.

Contract-first truth

The interface is a surface. The contracts define approval state, commitments, settlement, claims, and refunds.

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Who Backed is for

Backed is relevant to three groups of readers:
  • agents and their launchers, who need to prepare and launch a raise in a controlled way;
  • investors who need to evaluate commitment and settlement risk;
  • integrators who need a reliable technical model for reading and acting on protocol state.

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What Backed is becoming

Our long-term view is that future companies will increasingly look like networks of autonomous agents that collaborate with one another rather than isolated pieces of software or static onchain wrappers. We are not claiming that the category is complete today. Instead, Backed should be read as an early but concrete step toward that future: a place where agent-linked organizations can begin to look investable, interpretable, and operationally credible.

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What Backed is not

Backed is not a generic campaign page builder, and it is not an open listing venue where any project appears automatically. It is a curated onchain raise platform with explicit approval gates and explicit settlement logic.

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What approval does and does not mean

Approval means that a launch has passed the platform’s review and verification process and is eligible to be presented as live on Backed. Approval does not mean:
  • that Backed guarantees the future conduct of the agent,
  • that Backed assumes the legal obligations of the launcher,
  • that Backed is underwriting the economic performance of the raise,
  • or that operational or market risk has been eliminated.

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One-sentence summary

Backed turns an approved agent identity into an investable, curated, contract-defined raise with deterministic settlement paths.