IPX × OVO
ICEMAN ROLLOUT
GOAT-TIER A-LIST PLAY
COMING BACK IN SPADES

DRAKE

ICEMAN · TOKENIZED

Fan-backed, 4-part cinematic content experience on chain. Drake retains 100% IP and creative control while unlocking liquidity, expanding the brand, and redefining the artist–fan relationship. Stack 10 IP projects on this rail and you arrive at the deck's $1B+ future value.

$1B+
Future Value
Across 10 individual IP projects
$87.7M
Backend Revenue
Per-project @ $50M MC (ICEMAN base)
$3.0M
Artist Guarantee
Up-front engagement & partnership
4-Part
Cinematic Doc
"On My Own Terms" — directed by Drake + Theo Skudra
Scroll
Live A-List Calculator · DRAKE × ICEMAN
Model the ICEMAN release potential, bonding curve, and total-cycle return.
Run the Numbers
The Partnership

Three Pillars of the ICEMAN Tokenization

New ICEMAN Extension

4-part, unconventional docuseries co-funded and co-produced by IPX. Unveils untold chapters of Drake's life — Origin, Ascent, Descent, Ownership — directed by Drake & Theo Skudra.

On My Own Terms — Directed by Drake

Bold, Global Standard

Positions Drake as the first global artist to tokenize IP at scale — driving earned media across music, finance, and culture, and setting the new template for major-album rollouts.

First-Mover at GOAT-Tier

Legacy, Not One-Off

Creates a scalable platform for future IP, films, tours, and archives — an ownership-first model for the next era of artists that raises the bar for the artist + fan relationship.

PRESERVE OWNERSHIP → UNLOCK LIQUIDITY → EXPAND BRAND → REDEFINE FAN
The ICEMAN Calculator

Tokenization Potential & Bonding Curve

Live A-List model from Financial Modeling Master v5. Anchored to the deck — $50M market cap, $3M artist guarantee, $87.7M backend. Move every input and watch the bonding curve, P&L, and Drake-side total-cycle revenue recompute in real time.

Drake Token Price
$0.11
MC $50.00M / 470.00M circ.
Bonding Curve (Project)
$12.11M
= IPX cost $4.11M + IP prod $8.00M
Total Liquidity Pool
87.16M tokens
Drake 56.90M · IPX 30.27M
Modeled IPX Return
2.92×
$20.73M on $7.11M invested

Inputs

$8,000,000
A-List default $10M; Drake base $8M for 4-part docuseries + ICEMAN rollout.
$3,000,000
Drake's guaranteed engagement payment — deck = $3M.
$50,000,000
Per ICEMAN release — deck = $50M. Full slate of 10 IP projects targets $1B+.
1,000,000,000
Total $DRAKE supply per project. A-List default = 1B.
47%
Drives Drake Token Price = MC / circulating.
80%
Drake 80% · IPX 20%
$0.2
Price used to size the IPX side of the LP.
6%
A-List default 6% — funds the market-making LP.

Bonding Curve

Pair-pool LP — constant-product (x · y = k) seeded from the A-List bonding-curve capital. Spot price walks up the curve as $DRAKE is bought.

Curve Capital
$12.11M
Total seeded into both LP halves
Drake LP Side
56.90M $DRAKE
@ $0.11 mid
IPX LP Side
30.27M $IPX
@ $0.20 mid
Buy Simulator
Quote on the pair-pool curve
Tokens Out
93.8K
Effective Price
$0.11
Spot After
$0.11
Price Impact
0.33%

Year-1 Capital Expenditure

Where the $15.11M goes

Artist Guarantee (E5)$3,000,000
Legal / Contract Review$20,000
Public Relations$6,000
Experiential (Pop-ups + Drive-ins)$560,000
Digital / Social$480,000
General OpEx$40,000
Cost to IPX (sub-total)$4,106,000
IP Production (Docuseries + Album Rollout)$8,000,000
Bonding Curve (project only)$12,106,000
Liquidity Required for Token$3,000,000
Total Capital Expenditure$15,106,000

Year-1 P&L — IPX Side

Revenue, expense, market-making

IPX Share of Raise$1,210,600
OTT Licensing Fee Share$750,000
Sponsorships Share$800,000
Yield on Escrow$193,696
Cost of Revenue Recoup$4,106,000
Year 1 Revenue$7,060,296
Year 1 Expenses$-4,106,000
Year 1 Liquidity Funding$-3,000,000
Year 1 Market Making Cost$-500,000
Year 1 Net Income / (Loss)$-545,704
Token Value (Total Cycle)$21,276,595.74
Net Income (Total Cycle)$20,730,891.74
IPX Return Multiple2.92×

Total-Cycle Revenue — Drake

Artist side per A-List

Sponsorships (after IPX share)$3,200,000
Token Value (after slippage)$83,829,787.23
Artist Guarantee (E5)$3,000,000
Drake Total Revenue$90,029,787.23
Drake retains 100% IP + creative control — tokenization monetizes economics only. Token value assumes Drake realizes their share at launch price net of slippage (1.5%). Sponsorships split per A-List (80% talent / 20% IPX). Guarantee paid up-front from the bonding curve.

Token Allocation

1.00B $DRAKE issued (per project)

Drake Total 800.00M
IPX Total 200.00M
LP Drake 56.90M
LP IPX 30.27M

IPX Tokenomics — TGE TVL Allocation

TGE TVL $30.00M (15% of issuance × $IPX price)

Ecosystem $7.5M
Treasury $6.0M
Team $4.5M
Investors $6.0M
Staking $3.0M
Community $3.0M

IPX vs Drake — Total-Cycle Comparison

Where every dollar lands

The Bottom Line, Live

Bonding Curve $12.11M · MC Target $50.00M · IPX Return 2.92×

On the current inputs, Drake captures $90,029,787.23 in total-cycle value (token + sponsorships + guarantee) on the ICEMAN release alone. IPX deploys $7,106,000 in project investment for a modeled 2.92× return on total-cycle net income of $20,730,891.74. Stack 10 IP projects on this model and you arrive at the deck's $1B+ future value — with Drake retaining 100% IP and creative control on every release.

Investor Protection

Revenue Waterfall — A-List Standard

1

Platform Fee

5%
IPX Platform
Smart-contract infrastructure, KYC/AML, oracle feeds, distribution rails
2

Investor Recoupment

100% until recouped
Token Holders (pro-rata)
Capital recouped before any creator-side profit distribution — fully on-chain transparency
3

IPX Share of Raise

10%
IPX Treasury
IPX origination + structuring participation per A-List model (B31)
4

Talent / Artist Owner

80% of token issuance
Drake / OVO Entity
Talent Token Share (B15) — 800M of 1B tokens per project, vested per A-List schedule. Drake retains 100% IP + creative control.
5

IPX Treasury

20% of token issuance
IPX Token Treasury
IPX Token Share (B16) — 200M of 1B tokens per project, vested per A-List schedule
The Docuseries

"On My Own Terms" — 4-Part Cinematic Experience

On My Own Terms — Directed by Drake

"A 4-part, unconventional docuseries unveiling the untold chapters of Drake's life — and how he's rewriting the playbook for ownership in music. Co-directed by Drake & Theo Skudra. IPX is the partnership that lets fans participate."

EP 01
ORIGIN — Quiet Signal
6–8 weeks pre-album. Early life → Degrassi → identity formation. Intros the ICEMAN persona: discipline, isolation, pressure.
EP 02
ASCENT — Momentum Build
4–5 weeks pre-album. Wheelchair Jimmy → Wayne → Young Money. The moment Drake becomes a professional. First ICEMAN single drops within 72 hours.
EP 03
DESCENT — Album Release
Album release week. Cash Money → Young Money → global dominance. Success, pressure, isolation, conflict. ICEMAN album drops as the emotional payoff.
EP 04
OWNERSHIP — Post Release
2–3 weeks post-album. OVO. Battles (public + private). Being in control of your narrative, business, and future. Theatrical rollout prior to OTT release.
The Market

What GOAT-Tier Artist IP Earns

2023
Beyoncé — RENAISSANCE Tour Film
$33M opening / $44M global box

Proves the appetite for premium event-cinema from a single artist. Drake's reach exceeds Beyoncé's on most-streaming metrics.

2023
Taylor Swift — Eras Tour Film
$261M global box office

Largest concert film ever. Demonstrates the ceiling for fan-driven theatrical when you control the rollout.

2023
BTS — Yet To Come (Trafalgar)
$50M+ global event-cinema

Tokenization-style direct-to-fan pricing & windowing — exactly the model IPX is wrapping for Drake.

2021
Kanye — Donda Listening Events
~$7M live + $80M+ first-week album

Cultural-event-as-rollout pattern. ICEMAN compresses this into a 4-act on-chain experience with revenue participation.

2017
Jay-Z — 4:44 (TIDAL exclusive)
Platinum in 5 days

First-mover ownership-platform play. Drake × IPX is the on-chain successor at 1,000× the audience.

The Roadmap

From Quiet Signal to 10-Project Slate

IPX Partnership Announce

Q2 2026

Joint announcement; soft launch of "On My Own Terms" — no trailer, just signal.

Episode 01 Premiere — ORIGIN

Q2 2026

Token-gated watch party + Amazon Prime distribution launch.

Episode 02 — ASCENT

Q3 2026

2-night nationwide drive-in screening → OTT. First ICEMAN single drops.

ICEMAN Album Release

Q3 2026

ICEMAN drops alongside Episode 03 — DESCENT. ICEMAN Delivery Truck pop-ups go live.

Episode 04 — OWNERSHIP

Q4 2026

Theatrical rollout in 5 cities + 5 IPX VIP dinners → OTT.

Phase V — BEYOND Activation

Q1 2027

IPX-Drake partnership formally announced as the new ownership model.

10-Project IP Slate Roll-Out

FY 2027+

Each subsequent IP (album / film / tour / archive) tokenized on the same A-List rail.

Brand Partnerships

Sponsorship Inventory

1 left
Title Sponsor (ICEMAN presented by …)
$5,000,000
1 slot available
  • Naming on every docuseries episode and ICEMAN experiential moment
  • Category exclusivity for full ICEMAN cycle (album + 4-part doc + tour stops)
  • Perpetual royalty derivative on all sponsored episodes
  • Custom branded ICEMAN pop-up activation
Episode Sponsor
$1,000,000
4 slots available
  • Branded integration inside one of the 4 docuseries episodes
  • Co-marketing across IPX channels + OVO socials
  • Tokenized inventory that earns through reruns + global OTT
Pop-Up / Drive-In Sponsor
$250,000
7 slots available
  • Local-market activation at ICEMAN pop-up or drive-in stop
  • On-stage / on-screen brand integration during VIP segments
  • Geo-targeted content rights for paid social
Get In

$DRAKE Tokenization Tiers

From the ICEMAN Fan Pass to Build A New Table — six tiers carving up access, perks, and revenue exposure across the Drake universe.

The Math

Revenue Projections — 8 Streams

StreamConservativeBase CaseOptimistic
OTT / Amazon Prime Distribution$8,000,000$15,000,000$30,000,000
Title + Episodic + Tour Sponsorships$2,000,000$4,000,000$10,000,000
ICEMAN Album & Single Rollout$6,000,000$12,000,000$22,000,000
Theatrical (Episode 4 — global window)$1,500,000$4,000,000$9,000,000
Drive-In Screening Series (Ep 2)$500,000$1,500,000$3,500,000
ICEMAN Pop-Up + Vinyl/Merch$1,000,000$3,000,000$7,500,000
5-City IPX Ownership VIP Dinners$250,000$750,000$1,750,000
Yield on Escrow (4% A-List default)$200,000$300,000$450,000
TOTAL$19,450,000$40,550,000$84,200,000
The Pitch

Why DRAKE × IPX

GOAT-Tier IP, Global Reach
A 15+ year reign with 145M+ Instagram, 82M+ Spotify monthly listeners — the largest tokenizable fan base in music.
Drake Keeps 100% IP
Tokenization monetizes economics only. No catalog sale, no dilution, no loss of creative or rollout control.
Fans = Long-Term Stakeholders
Token-gated access converts the largest fan base in music into a global, invested capital base. Earnings as a "Thank You" for years of support.
Liquidity Without Selling Crown
Access upfront capital from future IP value — selective, programmable, project-based. No traditional label dilution required.
4-Part Cinematic Narrative
Story → Music → Meaning → Ownership. The doc earns the album. The album earns the partnership. Nothing feels bolted on.
Flywheel Math
Fans become token holders → token holders promote → promotion drives revenue → revenue drives token value → token value drives demand.
Multi-Stream De-Risk
Album, OTT, theatrical, drive-ins, pop-ups, sponsorships, VIP dinners, escrow yield — 8 revenue lines per project.
First-Mover at GOAT-Tier
Positions Drake as the first global artist to tokenize IP at scale. Sets the template for the next decade of artist-fan economics.
THE ROLLOUT

Layered Distribution — Episode by Episode

Every episode of "On My Own Terms" gets its own unique distribution moment with token-holder exclusives baked in. The full series eventually consolidates on Amazon Prime — but token holders get there first.

EPISODE 01 — ORIGIN

Watch Party + Amazon Prime

ICEMAN Watch Party + livestream for token holders (1st N people via "Invaluable, Valuable" mechanic). ICEMAN Delivery Truck activations. Amazon Prime distribution launch.

EPISODE 02 — ASCENT

Drive-In + OTT

Drake × ICEMAN pop-up — teased 20 minutes before drop (or no warning). Nationwide 2-night drive-in screening at 2 locations → OTT.

EPISODE 03 — DESCENT

Master Vinyl + Album

ICEMAN Prime Delivery includes master-stamped vinyl for token holders (1st N people via Invaluable/Valuable). ICEMAN Delivery Truck. Amazon Prime distribution. Album drops.

EPISODE 04 — OWNERSHIP

Theatrical + IPX Dinners

Drake × ICEMAN 5-city pop-up + IPX/Ownership exclusive dinner. Global theatrical release in 5 cities, 5 VIP dinners. 2-week theatrical → OTT.

THE STORY

5-Phase Rollout Architecture

Why this works as a textbook archetype: Story → Music → Meaning → Ownership. Past earns the present. Present funds the future. Nothing feels bolted on or opportunistic.

PHASE I — ORIGIN

6–8 weeks pre-album

Quiet Signal. Soft announcement of the docuseries — no trailer, no press junket. Position it as Drake-directed, not a third-party biography. Cryptic visuals teasing ICEMAN themes.

PHASE II — ASCENT

4–5 weeks pre-album

Momentum Build. Episode 01 drops with minimal promo — let culture discover it. Long-form interviews (not press junkets). First official ICEMAN single drops within 72 hours of Ep 1.

PHASE III — DESCENT

Album release week

Cultural event, not a release date. Episode 02 or 03 drops the same week as the album. Visual language unified. ICEMAN album drops as the emotional payoff.

PHASE IV — OWNERSHIP

2–3 weeks post-album

Sustain momentum while reframing power and owning your craft. Episode 04 — final episode — gets a theatrical distribution rollout prior to OTT release.

PHASE V — BEYOND

Ongoing + ever-changing

Convert attention into long-term alignment. Introduce IPX partnership AFTER trust is established. "This is how Drake owns his legacy and invites fans into it."

CALCULATOR DEEP-DIVE

A-List Model Inputs (Drake × ICEMAN Default Preset)

Open the calculator above to load any of four presets — A-List Spreadsheet, Drake × ICEMAN, Drake Conservative ($35M MC), Drake Bull Case ($100M MC) — or dial every input by hand.

Production Cost
$8,000,000
Artist Guarantee (E5)
$3,000,000
Market Cap Target
$50,000,000 (per project)
Tokens Issued
1,000,000,000
Tokens in Circulation
470,000,000 (47%)
Drake Token Share
80%
IPX Token Share
20%
$IPX Token Price
$0.20
Liquidity Required
6% of MC
Market-Making Fee
$10,000 per $1M MC
IPX Share / Yield
10%
OTT Licensing (Amazon)
$15,000,000
Sponsorships
$4,000,000
Yield on Escrow
4%
Token Slippage
1.5%
TGE Tokens in Circulation
15%
THE PARTNERSHIP UNLOCK

Drake on the IPX Platform

Drake: 100% IP + Creative Control

No catalog sale. No dilution.

Tokenization monetizes economics only — Drake retains full ownership, rights, and narrative/rollout control.

Liquidity Without Selling The Crown

Day-1 access to upfront capital

Access upfront capital from future IP value while preserving long-term upside. Selective, programmable, project-based monetization.

Fans = Long-Term Stakeholders

Earnings as a "Thank You"

Transforms fans into economic participants — Drake's brand becomes a global, invested capital base.

Artist / Fan Relationship Reimagined

Beyond platforms & algorithms

Token-gated access, exclusive offerings, and intimate experiences create measurable, owned relationships beyond platforms and algorithms.

Dig Deeper

Documents & Resources

Questions

Frequently Asked

Drake has built a 15+ year reign on fan loyalty at scale — the largest tokenizable fan base in music. He turned attention into leverage before the industry had a playbook, built billions in value for labels and platforms, and is now ready to do what GOATs do: build a new table. ICEMAN is the perfect launch — a single tokenized IP project that scales to a 10-project slate at $1B+ future value.
He's Coming Back In Spades

Let's Build A New Table

Open the calculator above to model the ICEMAN release live, then schedule a structuring call with the IPX A-List desk. Drake retains 100% IP and creative control on every project.

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