IP Exchange (IPSX) - Decentralized IP Sharing Exchange Platform Network

in #ipexchange7 years ago

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About IP Exchange

IPSX is the first truly decentralized IP Sharing Exchange, that will create a global IP marketplace. Combined with flexible tools (SDKs and APIs) to aid entrepreneurs and developers, in a fully secured and transparent environment, IPSX will enable the development of new applications on top of already existing IPs on the IPSX sharing platform (VPN providers, Data Mining software, web crawling bots microtasks, etc). Alongside distributed storage and processing tools, IPSX will create the distributed network layer, becoming a crucial component for the next phase of the web.

IP Exchange (IPSX), as you might have guessed, is a company which has been developing services for you to change your IP. The company states that this is a multi million dollar industry because many users of the internet need to change their IP. Security, access to content blocked for their countries and many other things are among the main issues related by customers.

There are some problems, though. Why would anyone share their IP? They can have legal problems by doing it and they get no revenue at all, which will obviously make them less invested in doing that. What the company is proposing is to create a service in which you can lend your IP to other people, receive money and be protected in case they use it for illegal purposes.

How Does IP Sharing Exchange Platform Work?

Basically, the company is creating a platform in which you will be able to lend your IP to other people using the blockchain. You will be protected because the information will be publicly stored (which means that if something illegal is done using your IP, you will have a way to defend yourself) and you will be paid via smart contracts for lending it. Lenders can get IPSX tokens or fiat currency.

If you are a user, you will be able to get more security because you will have a vast array of IPs that you can use. The price will be regulated by offer and demand, meaning that if many people are offering IPs, you will have to pay less for them. You will have to pay with IPSX tokens for this service. You can decide for how long you are going to use the new IP and this will affect its price.

You can use this service in tablets or smartphones, but apparently not on desktop computers yet. The company has made its API public, so you can integrate it to use the service as you wish.

What is The Problem?

  • Combining flexible tools (SDKs and APIs) to aid entrepreneurs and developers in a fully secured and transparent environment to develop new applications on top of the already existing IPs on the IPSX sharing platform. It will become a framework and a marketplace for new applications that require IPs at their backbone (VPN providers, Data Mining software, web crawling bots, micro tasks)

  • Substantially lowering the price of IPs and solving the IPs accessibility and availability problems, IPSX is aiming to become a key ecosystem for all the fields that require larger or smaller volumes of IPs, allowing complex applications from Data Mining and other fields to become more accessible to everyone.

  • IPSX connects actors in a peer-to-peer network, enabling both data center owners and individual users, that will be called "providers" to rent IPs to other users, that will be called "requesters". The IPs can be used to complete different tasks requiring one or more IPs from different locations.

  • IPSX core built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requesters and providers, solving all the above mentioned problems, increasing the liquidity of the IPs and allowing any actor that has an IP on his internet connected device, to take part into a multi-billion yearly business, that otherwise would be closed to home internet users.

Token Details

  • Token Name: IPSX
  • The Token Type: ERC20
  • This makes it easy to use management solution include Etereum Wallet. The maximum number of tokens that were created during the period of crowdfunding (updated on 29 January 2018):
  • Total Token: 1 800 000 000 (100%)
  • Full participants: 900 000 000 (50%)
  • Incentives to early adopters and strategic partner 495,000 000 (27.5%)
  • Bounty campaign: 45 000 000 (2.5%)
  • Team and strategic partners: 360,000 (20%)

IPSX is the first truly decentralized IP Sharing Marketplace, which will create a global marketplace for IPs. Combined with flexible tools (SDKs and APIs), to aid entrepreneurs and developers in a fully secured and transparent environment to develop new applications on top of the already existing IPs on the IPSX sharing platform. It will become a framework and a marketplace for new applications that require IPs at their backbone (VPN providers, Data Mining software, web crawling bots, micro tasks, etc.).

Data is said to be the new resource of our times. At the backbone of Data Mining, large volumes of IPs are required for the actors involved in the mining process to be able to perform tasks. By substantially lowering the price of IPs and solving the IPs accessibility and availability problems, IPSX is aiming to become a key building ecosystem for all the fields that require larger or smaller volumes of IPs and allowing complex applications from Data Mining and other fields to become more accessible to everyone.

Well, interested to investing at IPSX ? Get ready to sign up, because the Token Sale are near! Token Sale are started in 1 day. Read the Whitepaper and join IPSX telegram group if you had any question in mind.


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