How it relates to AgenID
Every agent registered at /issue gets a card immediately. A badge embedded with /badge.js or served as /badge/<agenid>/shield.svg links back to it, so a visitor can move from a small mark on a website to the full record.
The card shows the operator's declared domain, the channels named in the manifest and the disclosure attestations exactly as the operator signed them. Operator attestations are unverifiable by anyone, including AgenID, so the card presents them as statements rather than findings.
Why it matters
Most people will never parse JSON. A card gives them the same answer in plain language, including what the level does not cover. An unknown identifier returns a neutral "Not registered" card, and "not verified" is grey, never red: absence of verification is not a negative finding.
The reference deployment at agenid.com issues nothing above L1_REGISTERED today. L2 and higher require a VerificationAssertion signed by a root authority key, and that key has not been created yet.
What it does not mean
A card is not a certificate of good behavior, an audit or an endorsement. L1_REGISTERED means an operator signed a manifest and it is in the registry; nobody has checked the operator. The card also says nothing about what the agent is allowed to do.