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Add the AgentBBS M5 "AgentAd marketplace" spec and a working reference
implementation built on the existing @logicsrc/schemas AgentAd contracts.
- docs/agentad-marketplace.md: two-sided exchange PRD (buy/sell sides,
match -> auction -> pace -> serve -> meter -> settle, CoinPay settlement,
AgentBBS as reference publisher, milestones M5.0-M5.5).
- packages/agentad (@logicsrc/agentad): reference exchange
- builders that emit schema-valid, always-disclosed ad/campaign/placement docs
- HMAC-signed, single-use impression/click tracking tokens
- AgentAdExchange: targeting/format/category matching, second-price auction,
budget pacing + daily caps, frequency capping, token-driven metering
- pluggable settlement (InMemorySettlement) that can't overspend escrow
- runtime validation against the canonical agentad-*.schema.json
- 22 vitest cases (builders, tokens, full serve/meter/settle lifecycle).
- Wire package into root build; link the PRD from README + docs/agentad.md.
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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@logicsrc/agentad
Reference implementation of the AgentAd Marketplace (AgentBBS milestone M5),
built on the AgentAd primitive family in @logicsrc/schemas.
- Standard:
docs/agentad.md - Product spec / PRD:
docs/agentad-marketplace.md
It provides a two-sided exchange over the canonical schemas:
match → auction (second price) → pace (budget) → serve → meter → settle
Every served unit is disclosed (disclosure.sponsored: true) and carries a
machine_readable payload for agent consumers. Metering is token-driven: serving
mints a single-use, HMAC-signed impression_token; confirming the impression mints
a click_token. Settlement is pluggable — InMemorySettlement here, CoinPay in
production.
Usage
import {
AgentAdExchange,
createAd,
createCampaign,
createPlacement,
createAdRequest,
InMemorySettlement
} from "@logicsrc/agentad";
const exchange = new AgentAdExchange({
secret: process.env.AGENTAD_SECRET!,
settlement: new InMemorySettlement({ networkFeeRate: 0.15 })
});
// Advertiser side
exchange.registerCampaign(
createCampaign({
advertiser_did: "railway.app",
name: "CLI launch",
status: "active",
budget: { total: 100, currency: "USD" }
})
);
exchange.registerAd(
createAd({
advertiser_did: "railway.app",
campaign_id: /* campaign.id */ "cmp-...",
format: "json",
title: "Ship your CLI to production in 60s",
url: "https://railway.app/?ref=cl1s",
pricing: { model: "cpc", bid: 0.5, currency: "USD" },
machine_readable: { product: "railway", install: "npm i -g @railway/cli" }
})
);
// Publisher side
const placement = exchange.registerPlacement(
createPlacement({
publisher_did: "agentbbs.sh",
surface: "agent",
accepted_formats: ["json"],
frequency_cap: { max_per_session: 1 }
})
);
// Serve → meter
const res = exchange.requestAds(
createAdRequest({ placement_id: placement.id, consumer: "agent" })
);
const { impression_token } = res.ads[0];
const { click_token } = exchange.confirmImpression(impression_token);
exchange.confirmClick(click_token, { action: "open_url" });
exchange.earnings("agentbbs.sh"); // publisher payout, net of network fee
Scripts
npm --workspace @logicsrc/agentad run build
npm --workspace @logicsrc/agentad run test