IPSX ICO - IP Exchange Platform

aleksandrsereda (15)in #ico • 6 years ago

I like apps that brign some privacy or freedom and this is one of them. They want to make exchange where you can sell and buy IP access from others to hide yourself on the internet.By Wikipedia: An Internet Protocol address is a numerical label assigned to each device connected to a computer network that uses the Internet Protocol for communication.

IPSX IPSX – a decentralized exchange for sharing IPs and a framework for building applications, on top of the existing IPs shared by the community members and data centers. A smart contract based, blockchain protocols and utility token incentivized mechanism of sharing IPs among actors from all over the world and a framework to build applications that require IPs built in a reliable and open source environment.

So they want to make something like TOR but here you will be able to buy and sell IP access and make money this way, also you will have better quality and ranges since people will get paid for sharing IPs not just do it for the cause.

VISION AND CORE FEATURES

- 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 www.ip.sx 4 volumes of IPs and 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. Today, IP addresses are valuable assets with a low liquidity level due to the fact that there is not a simple solution to share/rent IPs based on a specific list of filters and IP resources are supplied by centralized providers which are constrained by closed networks, proprietary payment systems, and many other restrictions.

- 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.

- IPSX function, as the backbone of a distributed market place for IPs, can be considered an Infrastructure-as-a-Service (IaaS), and also a Platform-as-a-Service (PaaS). However, IPSX will reveal its true potential by adding dedicated software integrations to the ecosystem that will be built on top of the existing IPs and that can use the IPs on the IPSX platform. Any interested party is free to create and deploy software to the IPSX marketplace by using the SDKs and APIs that will be provided by the IPSX ecosystem.

IPSX AS AN ECOSYSTEM

The IPSX business model and use cases will fully benefit from all the advantages of the relatively new technological advances. The market for IP Sharing can now be organized to an entirely new system and principles, and moving from centralized and hard solutions to rent/share IPs to a fully decentralized and fully automated system of renting/sharing IPs.

At the moment, the IP sharing market is only accessible to a few large players that understand it and its needs, and that also have the technical solutions to rent/share IPs. With the advancement of the blockchain technology, everyone can take part into a multibillion yearly business and provide their support to a decentralized economy and generate revenue in a safe and easy environment.

IPSX UTILITY TOKEN (IPSX)

IPSX is a utility token based on the Ethereum technology, issued on ERC20 protocol and it will be used as a unit of exchange between the actors of the IPSX ecosystem. Also, IPSX will be used for commission payments to the platform for all the details that are sealed inside the IPSX ecosystem. The general conditions for using IPSX will be set in the terms and conditions that are currently in process of creation and review by the legal and technical departments of the IPSX team. The supply of IPSX utility tokens will be limited to the pool of tokens created during project funding period and no other tokens will be issued on an advanced stage of the IPSX project life cycle.

IPSX utility token creation

The IPSX is a token on Ethereum platform. Its design follows widely adopted token implementation standards. This makes it easy to manage using existing solutions including Ethereum Wallet.

Sending 1 ether to the IPSX smart contract will create a predefined number of IPSX tokens based on the ETH hard cap that will be set before token generation event. No token creation, minting or mining after the funding period will be possible. Tokens will be transferable once the funding is successfully completed (this needs to be agreed on a future state). Any tokens that will not be distributed during the funding period will be later on distributed to the contributors proportionally to the amount contributed during the funding period.

Token Sale Hard Cap: 10,800 ETH
Pricing: 1 ETH = 70,588.23529 IPSX
China, Taiwan & US/Canada participants are not eligible
Available tokens for public sale: 303,529,411.8

THE TEAM

The core team can be seen on the Team section of the IPSX web site: https://www.ip.sx/.

Also, the public LinkedIn profiles of all the team members can be accessed from the IPSX website. The team members, as well as the relationship and history between them, will be presented in a blog post that will be published in the upcoming days.

The team is kindly asking all the interested community members to join the Slack channel for keeping the pace with the project evolution and being up to date with future announcements at: https://slack.ip.sx/

Website: https://ip.sx
Whitepaper: https://ip.sx/dist/Whitepaper-IPSX-05.pdf

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1058023
ETH 0xED89d18D66133d7e3920c965cF4939012Bee7a7C

#blockchain #bitcoin #ethereum #exchange