---
type: claim
domain: internet-finance
description: "Git3 proposes Code as an Asset (CAA) class built on permanent blockchain storage, NFT ownership, and x402 payment rails as infrastructure primitives"
confidence: speculative
source: "Git3 project description, futard.io launch page, 2026-01-01"
created: 2026-03-11
---

# Code as Asset class requires permanent storage, NFT ownership, and payment rails as infrastructure primitives

Git3 proposes "Code as an Asset (CAA)" as a new asset class in the $500B+ global developer economy, built on three infrastructure primitives: permanent blockchain storage (Irys), repository-as-NFT ownership, and x402 protocol payment rails.

The architecture treats each Git repository as a unique on-chain NFT with cryptographic verification of complete Git history. Developers can set clone or access prices, creating transparent monetization without intermediaries. The x402 protocol enables AI agents to interact with repositories economically, with micro-fees distributed to original developers when agents execute or verify code.

This positions code repositories as tradeable assets with:
- Primary and secondary markets (creator fees on NFT sales)
- Protocol fees on x402 agent transactions
- Agent royalties on code execution
- Verifiable ownership and provenance through blockchain timestamps

The model assumes code monetization can scale beyond traditional software licensing by enabling granular access pricing and agent-driven revenue streams. However, this remains theoretical—no evidence yet demonstrates market demand for repository NFTs or sustainable revenue from x402 agent interactions.

## Evidence

- Git3 stores complete Git history on Irys blockchain with cryptographic verification
- Each repository minted as unique NFT with verifiable ownership (Phase 2 deliverable: "Repository NFT minting and marketplace")
- x402 protocol integration planned for Q2-Q3 2025 to enable AI agent payments
- Revenue model includes creator fees (NFT sales), protocol fees (x402 transactions), and agent royalties (code execution)
- Project targets "$500B+ global developer economy" with code monetization as long-term vision
- Phase 2 explicitly includes "Agent royalties distribution system" and "AI agent integration for code execution and verification"

## Challenges

This is a proposed architecture without market validation. No evidence demonstrates:
- Developer willingness to pay for repository access beyond traditional licensing
- AI agent demand for paid code execution at scale
- Sustainable revenue from x402 micro-fees
- Market liquidity for repository NFTs
- Actual adoption of the CAA framework by developers

The claim that code can become a tradeable asset class comparable to real estate or commodities is speculative and depends on unproven market dynamics.

---

Relevant Notes:
- [[areal-targets-smb-rwa-tokenization-as-underserved-market-versus-equity-and-large-financial-instruments]]
- [[token-economics-replacing-management-fees-and-carried-interest-creates-natural-meritocracy-in-investment-governance]]

Topics:
- [[domains/internet-finance/_map]]
