Getting more expensive with the IP v4 exhaustion but yes. But yes.
Also keep in mind at least the last time I checked the largest holder of IP space is still the US government (DoD).
You also have mega corps like Apple and Ford with /8 subnets getting them 16,777,216 IPs in the IP4 space more IP6 then you can even think about.

And in the end, basing it on something like this sill makes it PoS just what you are staking is different.

-Dave