Agentcities is a worldwide initiative designed to help realize the commercial and research potential of agent-based applications by constructing an open distributed network of platforms hosting diverse agents and services. The ultimate aim of the Agentcities initiative is to enable the dynamic, intelligent and autonomous composition of services to achieve user and business goals, thereby creating compound services to address changing needs. In this paper, we present the progress and current status of the Agentcities Network, six months after the launch of the project. The architecture of the Network, consisting of agents, services and platforms, is described. Finally, the plans and challenges for enhancing the Agentcities Network in the next phase of development are also discussed.