Hello Quants,
I want to share an important update about
@indexy and where things stand.
Over the past months, we moved fast:
- Opened Closed Beta for index exposure in November
- Revamped UI and token pages in December
- Launched Ports wallet tracking in January
- Introduced Premium subscription in January
- Released the first agentic index via our agent i in February
- Shipped agent infra (MCP, skill, API) in February
- Added support for ERC 8004 and x402 in February
We launched and tested many features.
After running the Beta, reviewing usage data, and speaking with many of you, it is clear that the current structure is not sustainable for a bootstrapped team. Revenue has not been enough to support the infrastructure and operational complexity required to maintain the data pipeline, trading, wallet infrastructure, and everything around it.
Rather than slowly running out of resources, we are resizing the project now.
New Structure
Indexy will continue as an analytics and intelligence platform focused on:
- Supporting agents with high signal strategies and providing the right skills for their use
- Curating high quality indexes, with emphasis in RWA segments (xStocks / Ondo)
- Tracking and discovering onchain segments and ecosystems
Over the past months, this has already been the main focus. We are removing traditional execution heavy components and concentrating on what the space demands. The future is agentic, it is an exciting area and it's pretty early.
What We Are Sunsetting
To reduce costs, we will sunset:
- Indexy Wallet
- Beta UI trading
- Ports
If you have Beta access, you will have time to withdraw. We will communicate clearly via email and inside the UI over the coming weeks.
What Does Not Change
- Agentic infrastructure including MCP, skills, and API remains
- Manual index creation
- Indexes Analytics
- All existing indexes
- Premium subscription and the $i burn mechanism
About $i
The current state of the project is not what we originally hoped for. Market conditions have been difficult across the board, which makes it extremely hard to bootstrap Indexy.
Two important reminders:
- I have never sold $i.
- The original 30% locked allocation remains untouched.
This restructuring isn't about giving up, it's about reducing costs so the project can continue to add value rather than shutting down completely. The token remains tied to subscriptions and the burn mechanism.
Over the past year, I have worked on Indexy almost daily.
@lopezonchain.eth and Erick have also put tremendous effort and passion into building through a difficult market and limited resources. I am proud of what we have built and the value Indexy adds.
Thanks to all of you who have supported the project with your feedback and are still here. That means a lot.
As always, I am available for constructive conversations. Feel free to DM for index ideas, suggestions, or if you need help setting up an agent / understanding the agentic space.