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IPSX – a decentralized exchange for sharing IPs

Introduction

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.

The Challenge

There are about 3.5 Bln Internet users and 8.4 Bln IoT devices connected to internet according to Gartner. What all of them have in common above other things, are: – high speed CPUs – memory Chips – internet Protocol Addresses called IPs. There is a huge need of remote IP usage which results in a market of over 60 Bln USD with a 16% yearly growth rate. Remote IP usage is popular among end user consumers to: – improve privacy and security – access geo-blocked services / media – bypass national and corporate restrictions. Main problems of TOR and other similar projects are: -liabilities – you might have a problem when sharing your IP -no revenue/ no economy behind the IP sharing/ IP renting processes, which generates the next problem -bandwidth and Speed Quality -not usable for business and service providers.

Solution

Blockchain based system fully automated, with full clearing of utility tokens associating the price and distribution, based on offer and demand for IPs. First level: You will be able to share your device’s IP address or as a Data Center to share a full range of unused IPs in order to win real-time IPSX tokens in a safe way. (All connections will be logged in the blockchain). As a client you would be able to access, in real time, IPs from all around the world and use them for short period of times, as of 5 seconds up to a whole month. Second level: The team will create a framework and a marketplace and allow any business and service providers to build custom made applications that require large volume of IPs based on our SDK and APIs. As a VPN provider, you would be able to integrate your system with our SDK to let your clients choose from millions of IPs from all around the world.

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.

Token Sale

  • 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
  • Token Generation expected to start on 28 February 2018
  • IPSX TOKEN DISTRIBUTION EXPECTED ON 5 March 2018

The Company anticipates using 45 million IPSX Tokens for bounty campaign to increase community engagement and project visibility.

For more information about IPSX access the link whitepaper and IPSX.

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