How does a project actually raise funds and graduate on IPX? Let’s break it down. Imagine a creator needs $100,000 to bring a project to life. With the 10% cashout fee, the total target becomes $110,000 USDC. People can participate using either USDC or $IPX. Every purchase is handled through IPX’s atomic router in a single transaction. The platform takes a 0.5% fee, converts the required amounts, allocates funds for production and the project’s future market, and delivers the tokens. If any step fails, the entire transaction is reversed. But here’s where things get interesting. The project only graduates when both the production budget and the required $IPX for its future market are fully raised. Once that happens: • Production funds move into milestone-based escrow. • The 10% fee goes to the Treasury. • Collected $IPX is paired with project tokens to create the market. • Token vesting begins. What’s important is that creators don’t receive all the production funds upfront. Instead, funds are released as approved milestones are completed, such as signing contracts or booking a production crew. Alfred also helps structure the budget directly into the contract. And if a project fails, unused funds remain in escrow, while holders can surrender their tokens for a fixed USDC amount per token. I think this is an interesting approach because it puts more structure and accountability into how projects raise money. It’s more than just raising funds and hoping everything works out. That’s what makes @IPXExchange worth watching.