Valuation

Source-backed valuation of the ETHRAEON estate.

Patent Portfolio

73 specifications, 9 families (F1-F9), 16 filed USPTO. All micro-entity. All status 19. Conversion window: Nov 2026-Feb 2027.

Valuation

Patent RTP floor $749,710,000 (PATENT_PORTFOLIO_VALUATION_0737). Post-SCL $883,300,000 (SCC_PATENT_RTP_MAPPING_0738). Acquisition comparables $8B-$32B. Palantir $361B for data analytics alone; constitutional AI governance is a larger category.

New Category

Constitutional OS for AGI/ASI. No competitors. 2-3 year technical lead. CDI 0.78 LARGE GAP. Network effects $21.5T. TAM $251B.

Revenue tiers: Frontier AI+Gov ($500K-$2M), OEM ($250K-$1M), Enterprise Consulting ($150K-$500K), Startups ($50K-$150K), Regulated ($100K-$350K).

Capital Formation

SAFE $250M cap, 20% discount. Executed: Executed capital formation is recorded in the repository evidence set and remains source-backed. LTS obligations are recorded in the repository evidence set.

Transaction Layers

Layer A EUR 2.5M-40M (partnership/licensing). Layer B $8B-$32B (full estate acquisition comparable).