Revenue stopped being a projection.
IX is a register for unlisted ownership. Phase 1 set out to prove one thing on its first book — AI compute — that income could be measured, settled on-chain and credited to holders without anyone having to trust us. It has. Below is what the register did, every figure read live from the chain.
IX-CORE live on Base
One NAV-anchored token for the whole AI-infrastructure book, replacing per-asset buying. Deployed on Base with an on-chain asset registry.
NAV from real market rates
Hardware value marks to live Vast.ai GPU rates rather than a fixed schedule, so depreciation and appreciation both emerge on their own.
First on-chain revenue distribution
Compute income settled into the vault and credited pro-rata to every holder, lifting NAV per share for the first time. Every settlement is hash-chained and reconciled against the chain.
Claimable yield
Holders withdraw earned yield to their own wallet while their principal stays invested and keeps compounding — proportional cost basis, so claiming never distorts what's owed next.
Independent security review
Two review rounds across contracts, backend and frontend. Round-one findings fixed and live, with a second round closed across the admin surface, on-chain reads and API authentication.
From a proven mechanism to a live market.
Phase 1 proved the machinery end to end on testnet. Phase 2 takes it toward production: measured revenue straight from operator earnings, third-party attestation, and the path to mainnet.
Testnet demo on Base Sepolia. Balances settle in test USDC and carry no monetary value. Revenue figures are modeled from live market rates for the GPUs IX owns and are reconciled against on-chain settlement — they are not yet third-party attested.